INDIAN OVERSEAS BANKVerified Feb 2026

INDIAN OVERSEAS BANK IFSC Code – PARBHANI, ADGAONKHANDALE

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

IFSC Code
IOBA0002242

Bank Details

Bank NameINDIAN OVERSEAS BANK
Branch NamePARBHANI
IFSC CodeIOBA0002242
MICR Code431020202
AddressHOUSE 324,WARD 8,SESSION ROAD,NEAR SHIVAJI STATUE,PARBHANI 431401
CityADGAONKHANDALE
DistrictPARBHANI
StateMAHARASHTRA
Contact221979

Payment Facilities

NEFT
Available
RTGS
Available
IMPS
Available
UPI
Available

About IFSC Code IOBA0002242

The IFSC code IOBA0002242 uniquely identifies the PARBHANI branch of INDIAN OVERSEAS BANK located in ADGAONKHANDALE, MAHARASHTRA. This 11-character alphanumeric code is essential for all electronic fund transfers in India including NEFT, RTGS, IMPS, and UPI transactions.

Understanding IFSC Code IOBA0002242

  • 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 (002242) – Unique branch identifier for PARBHANI

How to Use IFSC Code IOBA0002242

To transfer money to any account at INDIAN OVERSEAS BANK PARBHANI branch, you will need to provide the IFSC code IOBA0002242 along with the beneficiary's account number. This code ensures your money reaches the correct branch securely.

Transfer Methods Available at PARBHANI

  • 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 PARBHANI Branch

INDIAN OVERSEAS BANK PARBHANI is a branch of INDIAN OVERSEAS BANK located in ADGAONKHANDALE, MAHARASHTRA. The branch provides comprehensive banking services to customers in ADGAONKHANDALE and surrounding areas.

Branch Address

HOUSE 324,WARD 8,SESSION ROAD,NEAR SHIVAJI STATUE,PARBHANI 431401, ADGAONKHANDALE, MAHARASHTRA

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 431020202. 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 PARBHANI?

The IFSC code of INDIAN OVERSEAS BANK PARBHANI branch in ADGAONKHANDALE is IOBA0002242.

What is the MICR code of INDIAN OVERSEAS BANK PARBHANI?

The MICR code of INDIAN OVERSEAS BANK PARBHANI branch is 431020202.

What is the address of INDIAN OVERSEAS BANK PARBHANI?

INDIAN OVERSEAS BANK PARBHANI branch is located at HOUSE 324,WARD 8,SESSION ROAD,NEAR SHIVAJI STATUE,PARBHANI 431401.

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

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