INDIAN OVERSEAS BANKVerified Feb 2026

INDIAN OVERSEAS BANK IFSC Code – DAKRA, KHELARI

Complete bank details including IFSC code, MICR code, address and payment facilities for DAKRA branch.

IFSC Code
IOBA0000558

Bank Details

Bank NameINDIAN OVERSEAS BANK
Branch NameDAKRA
IFSC CodeIOBA0000558
MICR Code834020501
AddressDAKRA COLLIERY KHELARI P.O.DAKRA PIN 829210
CityKHELARI
DistrictRANCHI
StateJHARKHAND
Contact236840

Payment Facilities

NEFT
Available
RTGS
Available
IMPS
Available
UPI
Available

About IFSC Code IOBA0000558

The IFSC code IOBA0000558 uniquely identifies the DAKRA branch of INDIAN OVERSEAS BANK located in KHELARI, JHARKHAND. This 11-character alphanumeric code is essential for all electronic fund transfers in India including NEFT, RTGS, IMPS, and UPI transactions.

Understanding IFSC Code IOBA0000558

  • First 4 characters (IOBA) – Represents INDIAN OVERSEAS BANK bank code assigned by RBI
  • 5th character (0) – Reserved for future use (always 0)
  • Last 6 characters (000558) – Unique branch identifier for DAKRA

How to Use IFSC Code IOBA0000558

To transfer money to any account at INDIAN OVERSEAS BANK DAKRA branch, you will need to provide the IFSC code IOBA0000558 along with the beneficiary's account number. This code ensures your money reaches the correct branch securely.

Transfer Methods Available at DAKRA

  • NEFT (National Electronic Funds Transfer) – Settled in batches, available 24x7 on all days
  • RTGS (Real Time Gross Settlement) – For high-value transactions (₹2 lakh and above), real-time transfer
  • IMPS (Immediate Payment Service) – Instant transfer up to ₹5 lakh, available 24x7
  • UPI (Unified Payments Interface) – Instant mobile payments using VPA/UPI ID

About INDIAN OVERSEAS BANK DAKRA Branch

INDIAN OVERSEAS BANK DAKRA is a branch of INDIAN OVERSEAS BANK located in KHELARI, JHARKHAND. The branch provides comprehensive banking services to customers in KHELARI and surrounding areas.

Branch Address

DAKRA COLLIERY KHELARI P.O.DAKRA PIN 829210, KHELARI, JHARKHAND

Services Available

This branch offers various banking services including savings accounts, current accounts, fixed deposits, recurring deposits, loans, locker facilities, and digital banking services. Customers can also avail services like demand drafts, pay orders, and foreign exchange (subject to branch authorization).

MICR Code Information

The MICR (Magnetic Ink Character Recognition) code for this branch is 834020501. MICR code is a 9-digit code used for cheque clearing and identifies the bank, branch, and city. It is printed on cheques using magnetic ink for machine reading.

Important Information

Transfer Timings

  • NEFT: 24x7, 365 days (Settled in half-hourly batches)
  • RTGS: 24x7, 365 days (Real-time for ₹2L+)
  • IMPS: 24x7, 365 days (Instant)
  • UPI: 24x7, 365 days (Instant)

Verification Tips

  • Always verify IFSC code before transferring money
  • Cross-check with bank passbook or cheque book
  • IFSC codes may change after bank mergers
  • Contact branch for latest information

Frequently Asked Questions

What is the IFSC code of INDIAN OVERSEAS BANK DAKRA?

The IFSC code of INDIAN OVERSEAS BANK DAKRA branch in KHELARI is IOBA0000558.

What is the MICR code of INDIAN OVERSEAS BANK DAKRA?

The MICR code of INDIAN OVERSEAS BANK DAKRA branch is 834020501.

What is the address of INDIAN OVERSEAS BANK DAKRA?

INDIAN OVERSEAS BANK DAKRA branch is located at DAKRA COLLIERY KHELARI P.O.DAKRA PIN 829210.

Does INDIAN OVERSEAS BANK DAKRA support NEFT/RTGS/IMPS?

INDIAN OVERSEAS BANK DAKRA branch supports NEFT, RTGS, IMPS, and UPI transactions.