If you are searching for the IFSC code of Indian Overseas Bank, SHANTI NAGAR branch in BANGALORE, KARNATAKA, this page has every detail you need. The verified IFSC code for this branch is IOBA0000136. You can use it for NEFT, RTGS and IMPS fund transfers, online banking add-payee actions, UPI mandates and any other electronic payment request that asks for an Indian Financial System Code. The information on this page is curated specifically for customers, remitters, employers and businesses who need to credit funds to an account maintained at this branch, and it is structured so you can find what you need within a few seconds of landing here.
You will see the complete branch address, the area STD code and phone number, the city and state, the day-to-day banking services that are typically offered at the SHANTI NAGAR branch, and detailed step-by-step guides for using the IFSC IOBA0000136 across NEFT, RTGS and IMPS rails. A frequently-asked-questions section at the end answers the most common queries we receive about this particular branch.
IFSC stands for Indian Financial System Code. It is an 11-character code that pinpoints a particular bank branch on the RBI's real-time payment rails. Every NEFT, RTGS or IMPS instruction must carry the destination branch's IFSC for the credit to land in the correct account.
In our case, IOBA0000136 is the IFSC of Indian Overseas Bank's SHANTI NAGAR branch. The format is fixed: IOBA = bank code, 0 = reserved, 000136 = branch identifier.
Branch details at a glance
| Bank Name | Indian Overseas Bank |
|---|---|
| Branch | Shanti Nagar |
| IFSC Code | IOBA0000136 |
| MICR Code | Refer to cheque leaf |
| Branch Address | NO 5, KENGAL HANUMANTHAIAH ROAD, SHANTI NAGAR, BANGALORE 560027 |
| City | Bangalore |
| District | Bangalore Urban |
| State | Karnataka |
| Phone | 22950137 |
About Indian Overseas Bank
Indian Overseas Bank operates a wide network of branches across India, including the Shanti Nagar branch in Bangalore. Each branch is enabled for NEFT, RTGS, IMPS and core banking, allowing customers to send and receive money anywhere in the country using a unique IFSC – in this case, IOBA0000136.
Shanti Nagar branch overview
Located at NO 5, KENGAL HANUMANTHAIAH ROAD, SHANTI NAGAR, BANGALORE 560027, the Shanti Nagar branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC IOBA0000136 is required for all interbank electronic transfers routed through this branch.
The role of IFSC in India's payments network
India's electronic payment infrastructure — NEFT, RTGS, IMPS, UPI and the National Automated Clearing House (NACH) — is built on a single principle: every participating bank branch must be uniquely identifiable by an alphanumeric code. The Reserve Bank of India introduced the IFSC system to fulfil this requirement, and that is how Indian Overseas Bank's SHANTI NAGAR branch came to be assigned the code IOBA0000136.
Whether you are receiving a salary on the first of the month, paying a vendor invoice, settling an EMI, or accepting a refund from an e-commerce platform, the IFSC is the silent piece of metadata that tells the network where your account lives. Without IFSC IOBA0000136, money simply cannot be routed to the SHANTI NAGAR branch electronically.
How to transfer money using IFSC IOBA0000136
Online transfers in India are powered by three major channels — NEFT, RTGS and IMPS — and each one requires a destination IFSC. Below is a quick guide for using IFSC IOBA0000136 across all three.
NEFT to Indian Overseas Bank, SHANTI NAGAR using IFSC IOBA0000136
National Electronic Funds Transfer is the simplest way to move money into an account at this branch. NEFT works around the clock, including Sundays and public holidays, and settles in half-hourly batches.
To send funds, add the recipient as a beneficiary in your bank's online portal, key in the account number, paste the IFSC IOBA0000136, and confirm that the system picks up Indian Overseas Bank – SHANTI NAGAR. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
RTGS transfers via IFSC IOBA0000136
RTGS (Real-Time Gross Settlement) is the fastest high-value transfer mechanism in India. It is meant for transfers of ₹2 lakh and above and settles each transaction individually and instantly. To remit through RTGS to Indian Overseas Bank – SHANTI NAGAR, ensure your bank's portal accepts IFSC IOBA0000136 while registering the beneficiary. RTGS is also available 24x7.
IMPS to Indian Overseas Bank SHANTI NAGAR (IFSC IOBA0000136)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC IOBA0000136 in your mobile or internet banking app, and the money is credited to the SHANTI NAGAR branch account within seconds.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC IOBA0000136 for Indian Overseas Bank – SHANTI NAGAR, but they differ in speed, minimum amount and use case. The table below summarises the differences so you can pick the right channel for the situation at hand.
| Parameter | NEFT | RTGS | IMPS |
|---|---|---|---|
| Minimum amount | ₹1 | ₹2,00,000 | ₹1 |
| Maximum amount | No RBI cap | No RBI cap | ₹5,00,000 |
| Settlement | Half-hourly batches | Real-time | Real-time |
| Availability | 24x7 | 24x7 | 24x7 |
| Best for | Routine transfers | High-value transfers | Urgent small / mid transfers |
| IFSC required | Yes – IOBA0000136 | Yes – IOBA0000136 | Yes – IOBA0000136 |
For most retail customers crediting the Shanti Nagar branch, NEFT or IMPS will be the quickest and most economical option. RTGS comes in for one-off, high-value movements such as property purchases, vendor settlements or large gifts.
UPI payments and IFSC IOBA0000136
UPI (Unified Payments Interface) has become the default way for individuals to send money in India. While most UPI transactions are addressed using a Virtual Payment Address (VPA) like name@bank, the underlying account at Indian Overseas Bank – SHANTI NAGAR is still mapped to IFSC IOBA0000136. When a customer links a savings or current account to a UPI app for the first time, the app silently looks up this IFSC against the account number to verify the account exists. The VPA acts as a friendly alias on top of the same plumbing.
If a UPI transfer to or from this branch fails, the most common reasons are an inactive UPI handle, a daily limit breach or a temporary outage at one of the participating banks — not the IFSC. You can always fall back to NEFT or IMPS using the IFSC IOBA0000136 and the beneficiary's account number to complete the transfer.
Products and account variants supported
Every account opened at the Shanti Nagar branch is mapped to IFSC IOBA0000136 on the RBI payments network. The branch generally supports the full retail product catalogue of Indian Overseas Bank, including:
- Resident savings accounts and salary accounts
- Current accounts for businesses and professionals
- Fixed deposits, recurring deposits and tax-saver deposits
- Demand drafts, banker's cheques and pay orders
- Retail loans — personal, vehicle, education, gold and home
- Credit cards and overdraft facilities (subject to eligibility)
- Third-party investment products such as mutual funds and insurance (through tie-ups)
Whichever product you choose, the IFSC for incoming credits remains IOBA0000136.
Products and services
Customers walking into the Shanti Nagar branch can access most of Indian Overseas Bank's standard product suite, including:
- Account opening – savings, current, NRI, salary
- Term deposits and recurring deposits
- Retail and small-business loans
- Insurance and mutual-fund tie-ups
- Locker, safe deposit and ATM card services
- Online and mobile banking activation
- Electronic transfers via IFSC IOBA0000136
MICR & cheque-truncation details
Cheques drawn on the Shanti Nagar branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC IOBA0000136 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
Digital banking channels
Most day-to-day work that customers used to do at the Shanti Nagar branch counter can now be completed digitally — adding a beneficiary, transferring funds, applying for a fixed deposit, raising a service request or downloading account statements. The IFSC IOBA0000136 is the link between the digital channel and the branch ledger; once a transaction is confirmed, the credit or debit is reflected in the same core banking system that the branch officers see.
Things to verify before sending money
Banking errors are usually small typos that snowball into delayed credits and customer-care follow-ups. Use this short checklist before you confirm any transfer to Indian Overseas Bank – SHANTI NAGAR:
- The IFSC is exactly IOBA0000136 with no extra spaces.
- The beneficiary's account number matches what they shared, digit for digit.
- The portal auto-fills Indian Overseas Bank as the bank name and SHANTI NAGAR as the branch.
- The amount and the purpose of payment are correct.
- You have a valid OTP-verifying mobile number on hand.
A 30-second review here saves hours of reconciliation later.
Reaching the branch
The Shanti Nagar branch sits at NO 5, KENGAL HANUMANTHAIAH ROAD, SHANTI NAGAR, BANGALORE 560027. If you are travelling from outside Bangalore, search for the branch on a maps application using the bank name and locality, or call 22950137 to ask for landmarks. Many customers find it easier to skip the trip altogether: net banking, mobile apps, NEFT, RTGS, IMPS and UPI all work using the IFSC IOBA0000136 and your account number.
Verifying IFSC IOBA0000136 from official sources
The IFSC listed on this page is sourced from the RBI's master list and validated against the bank's branch directory. To double-check before transferring large sums, you can also confirm IOBA0000136 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 22950137.
- Visiting the bank's official branch locator page.
Working hours
Branch counters at Shanti Nagar are usually open from 10 AM to 4 PM on weekdays. Saturdays follow the RBI's alternate-Saturday rule. Even when the branch is closed, NEFT, RTGS, IMPS and UPI transfers addressed to IOBA0000136 continue to work without interruption.
Branch address & contact
Indian Overseas BankShanti Nagar Branch
NO 5, KENGAL HANUMANTHAIAH ROAD, SHANTI NAGAR, BANGALORE 560027
Bangalore, Karnataka
Phone: 22950137
IFSC: IOBA0000136
Frequently asked questions
How quickly will an NEFT transfer using IOBA0000136 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Indian Overseas Bank – Shanti Nagar reflect within 30 minutes.
How do I add Indian Overseas Bank Shanti Nagar as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC IOBA0000136, and complete OTP verification. Once activated, you can transfer funds at any time.
Does Indian Overseas Bank Shanti Nagar branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 22950137 to confirm.
Can I use IFSC IOBA0000136 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC IOBA0000136 to send funds instantly.
Is IFSC IOBA0000136 valid for NEFT and RTGS?
Yes. IFSC IOBA0000136 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
What is the difference between IFSC and MICR code?
IFSC is an 11-character alphanumeric code used for online transfers, while MICR is a 9-digit numeric code printed on cheques and used by cheque-clearing machines. Both identify the Shanti Nagar branch but serve different purposes.
Summary
The IFSC code IOBA0000136 belongs to Indian Overseas Bank's SHANTI NAGAR branch, located at NO 5, KENGAL HANUMANTHAIAH ROAD, SHANTI NAGAR, BANGALORE 560027 in BANGALORE, KARNATAKA. Use this code along with the beneficiary's account number for any NEFT, RTGS or IMPS transfer to this branch. Bookmark this page for quick reference whenever you need the branch's banking details.
