MADHUBANI, BIHAR
IFSC Code
IOBA0004196
MICR Code
Not available
Branch
JHANJHARPUR
Bank
Indian Overseas Bank
District
JHANJHARPUR
State
BIHAR
Contact
Not available
Address
FIRST FLOOR,MAIN SABJI MANDI MARKET ROAD,WARD NO-26,JHANJHARPUR,DIST-MADHUBANI BIHAR 847403
NEFT (National Electronic Funds Transfer) lets you send money to any account at Indian Overseas Bank's JHANJHARPUR branch from any other bank in India. Transfers are processed in half-hourly batches, so funds usually reach the recipient within a couple of hours, and there's no minimum or maximum amount restriction from RBI's side.
For amounts of ₹2 lakh or more sent to an account at Indian Overseas Bank, JHANJHARPUR, RTGS is usually the better choice over NEFT — each transaction settles on its own in real time instead of waiting in a batch.
IMPS (Immediate Payment Service) is the fastest of the three — funds move to JHANJHARPUR within seconds, any time of day including bank holidays. It's typically capped at ₹5 lakh per transaction depending on your bank's own limits.
A distinction that matters if you're transferring to JHANJHARPUR: the RBI settlement system runs 24x7 for NEFT and RTGS, but that doesn't mean this specific branch is open around the clock. Online transfers process any time; in-person or cash-based requests still depend on the branch actually being open.
| Method | System Hours | If Visiting JHANJHARPUR In Person |
|---|---|---|
| NEFT | 24x7x365, including weekends and holidays (RBI mandate since 16 Dec 2019) | Online/net-banking NEFT processes any time. An in-branch, cash, or cheque-based NEFT request still depends on that branch's working hours. |
| RTGS | 24x7x365, including weekends and holidays (RBI mandate since 14 Dec 2020) | Minimum transfer amount is ₹2 lakh. Same system-vs-branch-hours distinction as NEFT applies for in-person requests. |
| IMPS | 24x7x365 — always has been, no banking-hours restriction at the system level. | Typically capped per transaction depending on your bank's own limits (often around ₹5 lakh). |
The IFSC code for Indian Overseas Bank's JHANJHARPUR branch in MADHUBANI, JHANJHARPUR, BIHAR is IOBA0004196. This 11-character code is required for NEFT, RTGS, and IMPS transfers to any account held at this branch.
A MICR code isn't listed for this branch in our records. MICR codes are used specifically for cheque clearing — if you need one, it's best to confirm directly with the branch, since it doesn't affect NEFT/RTGS/IMPS transfers, which only need the IFSC code (IOBA0004196).
This branch is located at: FIRST FLOOR,MAIN SABJI MANDI MARKET ROAD,WARD NO-26,JHANJHARPUR,DIST-MADHUBANI BIHAR 847403. It falls under JHANJHARPUR district, BIHAR.
Yes — the same IFSC code (IOBA0004196) is used for NEFT, RTGS, and IMPS transfers to this branch. Which one you should pick depends on the amount and urgency, not the code itself: RTGS for ₹2 lakh+ needing near-instant settlement, NEFT for regular batch-processed transfers, and IMPS for smaller amounts that need to land in seconds.
A direct contact number isn't listed for this branch in our records. Your best options are Indian Overseas Bank's national customer care line or the nearest branch locator on the bank's official website.
IFSC and MICR code data sourced from bank-published branch records. While we take care to keep this current, always confirm the IFSC code with your bank before making a large transfer — see our disclaimer for details.