Indian Overseas Bank — BHIMAPADA Branch

KHORDA, ODISHA

IFSC Code IOBA0001240
MICR Code 752020508

Available Services

IMPS RTGS NEFT UPI

Branch Details

Bank Name Indian Overseas Bank
Branch Name BHIMAPADA
IFSC Code IOBA0001240
MICR Code 752020508
SWIFT Code N/A
Address AT BHIMPADA,PO TANGISAHI,VIA BOLAGARH,BHIMPADA,PIN 752066
City KHORDA
District BOLAGARH
State ODISHA
Contact Number 238008

How to Use IOBA0001240 for Money Transfers

The IFSC code IOBA0001240 is specifically assigned to the BHIMAPADA branch of Indian Overseas Bank located in KHORDA, ODISHA. This unique code is mandatory for routing electronic payments correctly within India.

NEFT Transfer

Use IOBA0001240 when adding this branch as a beneficiary in NEFT transactions. NEFT operates in half-hourly batches from 12:30 AM to 12:00 AM on all days. Enter the IFSC, account number, and account holder name carefully to ensure successful transfer.

RTGS Transfer

For high-value transactions above ₹2 lakh, RTGS offers real-time gross settlement. Use IOBA0001240 along with the beneficiary's exact account number. RTGS is available on working days from 7:00 AM to 6:00 PM.

IMPS & UPI

IMPS and UPI allow instant 24×7 transfers. While UPI apps often auto-resolve the IFSC from the VPA, mobile banking apps require IOBA0001240 when registering a new beneficiary.

Always double-check the account number before confirming any transfer — the IFSC routes funds to the correct branch, but the account number specifies the exact recipient.

⚠ Important Reminder Always verify the beneficiary account number and name before initiating a transfer. An incorrect account number may result in failed or misdirected transactions.

About Indian Overseas Bank BHIMAPADA Branch

The BHIMAPADA branch of Indian Overseas Bank is situated in KHORDA, ODISHA. The branch address is AT BHIMPADA,PO TANGISAHI,VIA BOLAGARH,BHIMPADA,PIN 752066. This branch supports electronic payment services including NEFT, RTGS, IMPS, and UPI. You can contact this branch at 238008. Always use the IFSC code IOBA0001240 when making any online fund transfer to an account held at this branch.

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