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Verified Branch

Indian Overseas Bank

LARGE CORPORATE Branch, KOLKATA

IFSC Code
IOBA0002987
Required for NEFT, RTGS, IMPS money transfers
MICR Code
700020088
Used in magnetic paper cheque clearing

11-Character IFSC Anatomy Breakdown

IOBA Bank Code (1-4)
0 Control Zero (5th)
002987 Branch Code (6-11)

Complete Branch Details

Full Address INDIAN OVERSEAS BANK,LARGE CORPORATE BRANCH,6 ROYD STREET,KOLKATA 700016
State WEST BENGAL
District / City KOLKATA
Centre / Region KOLKATA
Contact / Helpline +914428584896
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Electronic Transfer Capabilities & Limits

NEFT

Available 24x7

Half-hourly batch clearance

RTGS

Min. ₹2 Lakh

Real-time gross settlement

IMPS

Instant Transfer

Up to ₹5 Lakh limit

UPI / QR

1-Tap VPA

GPay, PhonePe, Paytm

How to Transfer Money to this Branch

  1. Log in to your mobile banking app or Internet Banking portal (SBI, HDFC, ICICI, etc.).
  2. Navigate to Fund Transfer → Add Beneficiary / Payee.
  3. Enter the recipient's Account Number and paste IFSC code IOBA0002987.
  4. Confirm bank name displays as Indian Overseas Bank and branch as LARGE CORPORATE.
  5. Select payment mode (IMPS for instant <₹5L, or RTGS for >₹2L) and authenticate with OTP/MPIN.

Frequently Asked Questions (IOBA0002987)

What is the IFSC code of Indian Overseas Bank LARGE CORPORATE branch? ↓

The verified 11-digit IFSC code is IOBA0002987. This unique alphanumeric code is used for routing electronic fund transfers via NEFT, RTGS, IMPS, and clearing networks across India.

Can I transfer money on Sundays and bank holidays using this IFSC code? ↓

Yes! Under Reserve Bank of India (RBI) directives, NEFT, RTGS, IMPS, and UPI operate 24x7x365, including Sundays, second/fourth Saturdays, and public holidays. Electronic transfers will be processed automatically without branch intervention.

What is the MICR code of Indian Overseas Bank LARGE CORPORATE? ↓

The 9-digit Magnetic Ink Character Recognition (MICR) code is 700020088. It is printed on cheque leaves for high-speed automated sorting at RBI clearing houses.

Where is the branch located? ↓

The official branch address is INDIAN OVERSEAS BANK,LARGE CORPORATE BRANCH,6 ROYD STREET,KOLKATA 700016, located in KOLKATA district, WEST BENGAL.

Other Indian Overseas Bank Branches in KOLKATA

IOBA0001996

ARM BRANCH Branch

KOLKATA, WEST BENGAL

 IOBA0002455

CORPORATE CREDIT PROCESSING CENTRE Branch

KOLKATA, WEST BENGAL

 IOBA0000585

INTL BUSINESS BRANCH Branch

KOLKATA, WEST BENGAL

 IOBA0000802

R O KOLKATA METRO Branch

KOLKATA, WEST BENGAL

 IOBA0000818

R O KOLKATA NON METRO Branch

KOLKATA, WEST BENGAL

 IOBA0002757

LARGE CORPORATE HYDERABAD Branch

HYDERABAD, TELANGANA

 IOBA0002897

BANGALORE LARGE CORPORATE Branch

BANGALORE, KARNATAKA

 IOBA0002998

LARGE CORPORATEMUMBAI Branch

GREATER BOMBAY, MAHARASHTRA

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