Indian Overseas Bank — PAONTA SAHIB

SIRMAUR, HIMACHAL PRADESH

IFSC Code

IOBA0004002

MICR Code

Not available

Branch

PAONTA SAHIB

Bank

Indian Overseas Bank

District

PAONTA SAHIB

State

HIMACHAL PRADESH

Contact

+918979706977

Address

INDIAN OVERSEAS BANK, PAONTA SAHIB, PIN 173025

Get Directions to This Branch

Using IFSC IOBA0004002 for money transfers

To move funds into an account held at PAONTA SAHIB (Indian Overseas Bank) using NEFT, the sender's bank needs this branch's IFSC code — IOBA0004002. NEFT settles in batches throughout the day, so it's a good fit for transfers that don't need to land instantly.

RTGS is the go-to option when transferring large sums (₹2 lakh+) to PAONTA SAHIB in SIRMAUR, since each transfer is settled individually and immediately rather than bundled with others.

Need money at Indian Overseas Bank, PAONTA SAHIB right now? IMPS settles instantly, 24x7, including weekends and holidays — unlike NEFT/RTGS, which follow banking-hour batch or settlement windows.

NEFT & RTGS Timing — System Hours vs. Branch Hours

A distinction that matters if you're transferring to PAONTA SAHIB: 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.

MethodSystem HoursIf Visiting PAONTA SAHIB In Person
NEFT24x7x365, 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.
RTGS24x7x365, 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.
IMPS24x7x365 — 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).

Sending funds to this Indian Overseas Bank branch takes just a few steps:

  1. Log in to your bank's net banking portal or mobile banking app.
  2. Add a new beneficiary/payee, entering the recipient's full name and account number.
  3. Enter the IFSC code IOBA0004002 when prompted — this routes the transfer to PAONTA SAHIB specifically.
  4. Most banks require a short cooling-off period (often a few hours) after adding a new beneficiary before the first transfer.
  5. Once the beneficiary is active, choose NEFT, RTGS, or IMPS based on the amount and how quickly you need it to arrive.
  6. Enter the amount, review the details (name, account number, IFSC), and confirm with your OTP/PIN.

Frequently asked questions

What is the IFSC code of the Indian Overseas Bank PAONTA SAHIB branch?

The IFSC code for Indian Overseas Bank's PAONTA SAHIB branch in SIRMAUR, PAONTA SAHIB, HIMACHAL PRADESH is IOBA0004002. This 11-character code is required for NEFT, RTGS, and IMPS transfers to any account held at this branch.

What is the MICR code of 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 (IOBA0004002).

Where is the PAONTA SAHIB branch of Indian Overseas Bank located?

This branch is located at: INDIAN OVERSEAS BANK, PAONTA SAHIB, PIN 173025. It falls under PAONTA SAHIB district, HIMACHAL PRADESH.

Can I use this IFSC code for both NEFT and RTGS transfers?

Yes — the same IFSC code (IOBA0004002) 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.

Is there a phone number for this branch?

Yes, this branch's listed contact number is +918979706977.

Indian Overseas Bank in other districts of HIMACHAL PRADESH

BANJAR (2)MANDI (2)SOLAN (2)BADDI (1)BHOJPUR (1)HAMIRPUR (1)HAROLI (1)JASSUR (1)

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.