Branch Details — IOBA0002459

Bank NameIndian Overseas Bank
Branch NameSakchi
IFSC CodeIOBA0002459
MICR Code831020005
Bank Code (RBI)IOBA
Branch Code002459
AddressFIRST FLOOR,66 PENNER ROAD,SAKCHI,JAMSHEDPUR,JHARKHAND
CityPaschimi Singhbhum
DistrictJamshedpur
StateJharkhand
Contact2230215
Toll Free1800-425-4445
NEFT✓ Enabled — 24×7
RTGS✓ Enabled — 24×7
IMPS✓ Enabled — 24×7
UPI✓ Enabled

Transfer Methods Using IOBA0002459

NEFT

Available 24×7 including holidays. Settled in 30-minute batches. No minimum. Use IFSC IOBA0002459.

RTGS

Available 24×7. Minimum ₹2 lakh. Real-time gross settlement. Use IFSC IOBA0002459.

IMPS

Instant 24×7, 365 days. Up to ₹5 lakh per transaction.

Frequently Asked Questions

The IFSC code is IOBA0002459. This 11-character RBI-assigned code is required for NEFT, RTGS and IMPS transfers to accounts at Indian Overseas Bank Sakchi branch, Paschimi Singhbhum, Jharkhand.
The MICR code is 831020005. It is a 9-digit code printed at the bottom of cheques, used only for cheque clearing.
Address: FIRST FLOOR,66 PENNER ROAD,SAKCHI,JAMSHEDPUR,JHARKHAND. Branch timings: Monday–Friday 9:30 AM – 3:30 PM, Saturday 9:30 AM – 1:30 PM (closed 2nd/4th Saturdays).
IOBA identifies Indian Overseas Bank. The 5th character 0 is reserved by RBI. The last 6 characters 002459 identify the Sakchi branch.
Yes. Indian Overseas Bank Sakchi Branch (IFSC: IOBA0002459) is fully enabled for NEFT, RTGS, IMPS, UPI, available 24×7 including weekends and holidays.
Log in to your bank's net banking or mobile app → Fund Transfer → Add Beneficiary → enter account number and IFSC IOBA0002459 → select NEFT/RTGS/IMPS → confirm with OTP.