If you are searching for the IFSC code of Indian Overseas Bank, HAMIRPUR branch in HAMIRPUR, HIMACHAL PRADESH, this page has every detail you need. The verified IFSC code for this branch is IOBA0003987. 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 HAMIRPUR branch, and detailed step-by-step guides for using the IFSC IOBA0003987 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, IOBA0003987 is the IFSC of Indian Overseas Bank's HAMIRPUR branch. The format is fixed: IOBA = bank code, 0 = reserved, 003987 = branch identifier.
About Indian Overseas Bank
Indian Overseas Bank operates a wide network of branches across India, including the Hamirpur branch in Hamirpur. 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, IOBA0003987.
Branch details at a glance
| Bank Name | Indian Overseas Bank |
|---|---|
| Branch | Hamirpur |
| IFSC Code | IOBA0003987 |
| MICR Code | Refer to cheque leaf |
| Branch Address | VASHIST COMPLEX, NEAR BOYS SCHOOL, HAMIRPUR, PIN 177001 |
| City | Hamirpur |
| District | Hamirpur |
| State | Himachal Pradesh |
| STD Code | 0 |
| Phone | 8091200077 |
About this branch
The branch is located at VASHIST COMPLEX, NEAR BOYS SCHOOL, HAMIRPUR, PIN 177001. It serves the Hamirpur region and is connected to the bank's core banking platform, which means transactions initiated here are instantly visible across all other branches of Indian Overseas Bank. The IFSC IOBA0003987 is used to identify this branch on the RBI payments network.
Why every Indian Overseas Bank branch has a unique IFSC
Before electronic settlement systems went live in India, money transfers between banks relied heavily on demand drafts, mail transfers and telegraphic transfers. These older instruments routinely took days to clear and were prone to misrouting because there was no single machine-readable identifier for a branch. The Reserve Bank of India solved this by issuing each participating branch — including HAMIRPUR of Indian Overseas Bank — its own 11-character IFSC. The code IOBA0003987 is therefore not just an internal reference; it is the digital postcode that lets the RBI's NEFT, RTGS and IMPS rails route funds straight to the right branch ledger without any human intervention.
Today, almost every salary credit, vendor payment, refund and EMI deduction in the country flows through this network, which is exactly why a correct IFSC matters so much. A wrong character can either bounce the transfer or send it to the wrong branch, and reversing such a credit is a manual, time-consuming process. Treat IFSC IOBA0003987 the same way you would treat your account number — verify it once and save it carefully for future use.
Products and account variants supported
Every account opened at the Hamirpur branch is mapped to IFSC IOBA0003987 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 IOBA0003987.
Banking services available
The Hamirpur branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 8091200077.
- Savings, current and salary accounts
- Fixed deposits and recurring deposits
- Personal, vehicle and home loans
- Demat and investment products (where supported)
- Internet banking and mobile banking enrolment
- Debit and credit card issuance
- Locker facilities (subject to availability)
- Foreign exchange services (at authorised branches)
- Bill payments, demand drafts and pay orders
- NEFT / RTGS / IMPS / UPI fund transfers using IFSC IOBA0003987
How to transfer money using IFSC IOBA0003987
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 IOBA0003987 across all three.
How to use IFSC IOBA0003987 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Indian Overseas Bank's HAMIRPUR branch. NEFT now settles on a 24x7 basis in half-hourly batches and has no upper limit for retail customers (individual banks may impose their own caps).
- Log in to your internet banking or mobile banking app.
- Choose Add Beneficiary and select NEFT / Other Bank.
- Enter the beneficiary name, account number and the IFSC IOBA0003987.
- Confirm the bank name auto-populates as Indian Overseas Bank and the branch as HAMIRPUR.
- Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.
Real-Time Gross Settlement to HAMIRPUR
If you need to transfer ₹2 lakh or more in one go to an account at Indian Overseas Bank's HAMIRPUR branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC IOBA0003987 while initiating the transfer and the credit will appear within minutes.
Send money instantly through IMPS
For a real-time, anytime transfer to Indian Overseas Bank – HAMIRPUR, use IMPS. With IFSC IOBA0003987 and the beneficiary's account number you can move up to ₹5 lakh per transaction with instant credit, any day of the year.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC IOBA0003987 for Indian Overseas Bank – HAMIRPUR, 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 – IOBA0003987 | Yes – IOBA0003987 | Yes – IOBA0003987 |
For most retail customers crediting the Hamirpur 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 IOBA0003987
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 – HAMIRPUR is still mapped to IFSC IOBA0003987. 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 IOBA0003987 and the beneficiary's account number to complete the transfer.
Digital banking channels
Most day-to-day work that customers used to do at the Hamirpur 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 IOBA0003987 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.
MICR & cheque-truncation details
Cheques drawn on the Hamirpur branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC IOBA0003987 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
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 – HAMIRPUR:
- The IFSC is exactly IOBA0003987 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 HAMIRPUR 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 Hamirpur branch sits at VASHIST COMPLEX, NEAR BOYS SCHOOL, HAMIRPUR, PIN 177001. If you are travelling from outside Hamirpur, search for the branch on a maps application using the bank name and locality, or call 8091200077 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 IOBA0003987 and your account number.
Other ways to verify the IFSC code
While this page already lists the verified IFSC IOBA0003987 for Indian Overseas Bank – HAMIRPUR, you can cross-check the code from any of these sources before initiating a high-value transfer:
- The front of the cheque book issued by the branch – the IFSC is printed at the top of every leaf.
- The first page of your passbook.
- The bank's official website under the branch locator.
- The Reserve Bank of India's IFSC search portal.
- Net banking dashboards usually display the home-branch IFSC under account details.
Branch banking hours and holidays
Indian bank branches typically operate from 10:00 AM to 4:00 PM, Monday to Friday, and from 10:00 AM to 2:00 PM on working Saturdays (usually the 1st, 3rd and 5th Saturdays). The Hamirpur branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC IOBA0003987, however, work 24x7.
Branch address & contact
Indian Overseas BankHamirpur Branch
VASHIST COMPLEX, NEAR BOYS SCHOOL, HAMIRPUR, PIN 177001
Hamirpur, Himachal Pradesh
Phone: 8091200077
IFSC: IOBA0003987
Frequently asked questions
Where is Indian Overseas Bank Hamirpur branch located?
Indian Overseas Bank's Hamirpur branch is located at VASHIST COMPLEX, NEAR BOYS SCHOOL, HAMIRPUR, PIN 177001, Hamirpur, Himachal Pradesh.
What is the IFSC code of Indian Overseas Bank Hamirpur branch?
The IFSC code of Indian Overseas Bank, Hamirpur branch is IOBA0003987. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
Can I use IFSC IOBA0003987 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC IOBA0003987 to send funds instantly.
Does Indian Overseas Bank Hamirpur branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 8091200077 to confirm.
What is the phone number of Indian Overseas Bank Hamirpur branch?
You can reach the branch at 8091200077 during regular banking hours.
How quickly will an NEFT transfer using IOBA0003987 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Indian Overseas Bank – Hamirpur reflect within 30 minutes.
How do I add Indian Overseas Bank Hamirpur as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC IOBA0003987, and complete OTP verification. Once activated, you can transfer funds at any time.
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 Hamirpur branch but serve different purposes.
Summary
The IFSC code IOBA0003987 belongs to Indian Overseas Bank's HAMIRPUR branch, located at VASHIST COMPLEX, NEAR BOYS SCHOOL, HAMIRPUR, PIN 177001 in HAMIRPUR, HIMACHAL PRADESH. 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.
