INDIAN OVERSEAS BANK IFSC Code – PALANPUR, PALANPUR
Complete bank details including IFSC code, MICR code, address and payment facilities for PALANPUR branch.
Bank Details
| Bank Name | INDIAN OVERSEAS BANK |
| Branch Name | PALANPUR |
| IFSC Code | IOBA0003216 |
| MICR Code | WAITING |
| Address | HIGHWAY NEAR AROMA CIRCLE PALANPUR DIST GUJARAT 385001 |
| City | PALANPUR |
| District | BANAS KANTHA |
| State | GUJARAT |
| Contact | 28584896 |
Payment Facilities
About IFSC Code IOBA0003216
The IFSC code IOBA0003216 uniquely identifies the PALANPUR branch of INDIAN OVERSEAS BANK located in PALANPUR, GUJARAT. This 11-character alphanumeric code is essential for all electronic fund transfers in India including NEFT, RTGS, IMPS, and UPI transactions.
Understanding IFSC Code IOBA0003216
- 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 (003216) – Unique branch identifier for PALANPUR
How to Use IFSC Code IOBA0003216
To transfer money to any account at INDIAN OVERSEAS BANK PALANPUR branch, you will need to provide the IFSC code IOBA0003216 along with the beneficiary's account number. This code ensures your money reaches the correct branch securely.
Transfer Methods Available at PALANPUR
- 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 PALANPUR Branch
INDIAN OVERSEAS BANK PALANPUR is a branch of INDIAN OVERSEAS BANK located in PALANPUR, GUJARAT. The branch provides comprehensive banking services to customers in PALANPUR and surrounding areas.
Branch Address
HIGHWAY NEAR AROMA CIRCLE PALANPUR DIST GUJARAT 385001, PALANPUR, GUJARAT
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 WAITING. 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 PALANPUR?
The IFSC code of INDIAN OVERSEAS BANK PALANPUR branch in PALANPUR is IOBA0003216.
What is the MICR code of INDIAN OVERSEAS BANK PALANPUR?
The MICR code of INDIAN OVERSEAS BANK PALANPUR branch is WAITING.
What is the address of INDIAN OVERSEAS BANK PALANPUR?
INDIAN OVERSEAS BANK PALANPUR branch is located at HIGHWAY NEAR AROMA CIRCLE PALANPUR DIST GUJARAT 385001.
Does INDIAN OVERSEAS BANK PALANPUR support NEFT/RTGS/IMPS?
INDIAN OVERSEAS BANK PALANPUR branch supports NEFT, RTGS, IMPS, and UPI transactions.