INDIAN OVERSEAS BANKVerified Feb 2026

INDIAN OVERSEAS BANK IFSC Code – INDOREPALASIA, INDORE

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

IFSC Code
IOBA0002135

Bank Details

Bank NameINDIAN OVERSEAS BANK
Branch NameINDOREPALASIA
IFSC CodeIOBA0002135
MICR Code452020005
AddressBANSI PLAZA, 581 BY 3, MAHATMA GANDHI ROAD, INDORE PIN 452001
CityINDORE
StateMADHYA PRADESH
Contact2570202

Payment Facilities

NEFT
Available
RTGS
Available
IMPS
Available
UPI
Available

About IFSC Code IOBA0002135

The IFSC code IOBA0002135 uniquely identifies the INDOREPALASIA branch of INDIAN OVERSEAS BANK located in INDORE, MADHYA PRADESH. This 11-character alphanumeric code is essential for all electronic fund transfers in India including NEFT, RTGS, IMPS, and UPI transactions.

Understanding IFSC Code IOBA0002135

  • 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 (002135) – Unique branch identifier for INDOREPALASIA

How to Use IFSC Code IOBA0002135

To transfer money to any account at INDIAN OVERSEAS BANK INDOREPALASIA branch, you will need to provide the IFSC code IOBA0002135 along with the beneficiary's account number. This code ensures your money reaches the correct branch securely.

Transfer Methods Available at INDOREPALASIA

  • 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 INDOREPALASIA Branch

INDIAN OVERSEAS BANK INDOREPALASIA is a branch of INDIAN OVERSEAS BANK located in INDORE, MADHYA PRADESH. The branch provides comprehensive banking services to customers in INDORE and surrounding areas.

Branch Address

BANSI PLAZA, 581 BY 3, MAHATMA GANDHI ROAD, INDORE PIN 452001, INDORE, MADHYA PRADESH

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 452020005. 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 INDOREPALASIA?

The IFSC code of INDIAN OVERSEAS BANK INDOREPALASIA branch in INDORE is IOBA0002135.

What is the MICR code of INDIAN OVERSEAS BANK INDOREPALASIA?

The MICR code of INDIAN OVERSEAS BANK INDOREPALASIA branch is 452020005.

What is the address of INDIAN OVERSEAS BANK INDOREPALASIA?

INDIAN OVERSEAS BANK INDOREPALASIA branch is located at BANSI PLAZA, 581 BY 3, MAHATMA GANDHI ROAD, INDORE PIN 452001.

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

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