Indian Overseas Bank, Balod branch

Durg, Balod district, Chhattisgarh

IFSC code
IOBA0002534
MICR code
491020501
Branch code
002534

Branch details

BankIndian Overseas Bank
BranchBalod
IFSC codeIOBA0002534
MICR code491020501
AddressNEAR OLD BUS STAND,SARDAR LINE,BALOD,DURG DIST,CHATTISGARH 491226 (map)
PIN code491226
CityDurg
DistrictBalod
StateChhattisgarh
Phone+917749223257
NEFTYes
RTGSYes
IMPSYes
UPIYes

How to use IFSC IOBA0002534

To send money to an account at the Indian Overseas Bank Balod branch, add the beneficiary in your net banking or banking app with their account number, name and the IFSC code IOBA0002534, then pay by NEFT, RTGS or IMPS.

  • NEFT — any amount, settled in half-hourly batches, available 24×7.
  • RTGS — for ₹2 lakh and above, settled instantly.
  • IMPS — instant transfer up to ₹5 lakh, available 24×7.

In IOBA0002534, IOBA identifies Indian Overseas Bank, the 5th character is always 0, and 002534 identifies this branch. The MICR code 491020501 is printed at the bottom of cheques issued by the branch.

Frequently asked questions

What is the IFSC code of Indian Overseas Bank Balod branch?

The IFSC code of Indian Overseas Bank, Balod branch (Balod, Chhattisgarh) is IOBA0002534.

What is the MICR code of Indian Overseas Bank Balod?

The MICR code of this branch is 491020501.

Does Indian Overseas Bank Balod support RTGS and IMPS?

RTGS: yes. IMPS: yes. NEFT: yes.