This page lists the IFSC code, branch address, contact number and fund-transfer information for Indian Overseas Bank, SHYAM BAZAAR branch in KOLKATA. The 11-digit IFSC IOBA0000082 uniquely identifies this branch in the RBI's centralised payments network and is required for every NEFT, RTGS or IMPS transaction routed to this branch. If you are paying somebody who banks with Indian Overseas Bank at the SHYAM BAZAAR location, this is the only IFSC you need.
We have organised this page into clearly labelled sections so you can jump straight to the part that interests you — the IFSC and MICR details, the full postal address, the contact phone number, a quick primer on NEFT, RTGS and IMPS, the typical product line-up at the branch, and a frequently asked questions section that addresses the queries people raise most often about this 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, IOBA0000082 is the IFSC of Indian Overseas Bank's SHYAM BAZAAR branch. The format is fixed: IOBA = bank code, 0 = reserved, 000082 = branch identifier.
Bank profile
Indian Overseas Bank is among the recognised banks listed on the Reserve Bank of India's payments network. The Shyam Bazaar branch — IFSC IOBA0000082 — extends the bank's services to customers in and around Kolkata, West Bengal.
Branch details at a glance
| Bank Name | Indian Overseas Bank |
|---|---|
| Branch | Shyam Bazaar |
| IFSC Code | IOBA0000082 |
| MICR Code | Refer to cheque leaf |
| Branch Address | 70 BY 1 BY 2 GOWRI BARI LANE,SHYAM BAZAAR,KOLKATA |
| City | Kolkata |
| District | Kolkata |
| State | West Bengal |
| Phone | 25436697 |
About the Shyam Bazaar branch
The Shyam Bazaar branch of Indian Overseas Bank is situated at 70 BY 1 BY 2 GOWRI BARI LANE,SHYAM BAZAAR,KOLKATA. Customers visiting this branch can complete cash deposits, withdrawals, demand draft requests, cheque clearing, passbook updates and KYC formalities. For online transactions to or from this branch, the IFSC code IOBA0000082 is used.
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 SHYAM BAZAAR branch came to be assigned the code IOBA0000082.
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 IOBA0000082, money simply cannot be routed to the SHYAM BAZAAR branch electronically.
Products and account variants supported
Every account opened at the Shyam Bazaar branch is mapped to IFSC IOBA0000082 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 IOBA0000082.
Banking services available
The Shyam Bazaar branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 25436697.
- 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 IOBA0000082
How to transfer money using IFSC IOBA0000082
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 IOBA0000082 across all three.
How to use IFSC IOBA0000082 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Indian Overseas Bank's SHYAM BAZAAR 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 IOBA0000082.
- Confirm the bank name auto-populates as Indian Overseas Bank and the branch as SHYAM BAZAAR.
- Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.
RTGS transfers via IFSC IOBA0000082
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 – SHYAM BAZAAR, ensure your bank's portal accepts IFSC IOBA0000082 while registering the beneficiary. RTGS is also available 24x7.
Send money instantly through IMPS
For a real-time, anytime transfer to Indian Overseas Bank – SHYAM BAZAAR, use IMPS. With IFSC IOBA0000082 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 IOBA0000082 for Indian Overseas Bank – SHYAM BAZAAR, 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 – IOBA0000082 | Yes – IOBA0000082 | Yes – IOBA0000082 |
For most retail customers crediting the Shyam Bazaar 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.
How UPI relates to the IFSC code
UPI lets you pay using a short Virtual Payment Address instead of typing the IFSC every time, but behind the scenes every UPI mandate is mapped to an account number plus an IFSC. For accounts at Indian Overseas Bank's SHYAM BAZAAR branch, the IFSC IOBA0000082 is what the National Payments Corporation of India (NPCI) uses to route the credit when you tap Pay on a UPI app.
That is why, even in the UPI era, it is still worth knowing the IFSC of your home branch — for failed UPI mandates, e-mandate set-ups, third-party platform onboarding and salary or refund credits.
Digital banking channels
Most day-to-day work that customers used to do at the Shyam Bazaar 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 IOBA0000082 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 code & cheque clearing
Apart from IFSC, every cheque book issued by Indian Overseas Bank carries a 9-digit MICR (Magnetic Ink Character Recognition) code that is read by cheque-sorting machines. The MICR code, the IFSC IOBA0000082 and the account number together uniquely identify the Shyam Bazaar branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
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 – SHYAM BAZAAR:
- The IFSC is exactly IOBA0000082 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 SHYAM BAZAAR 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 Shyam Bazaar branch sits at 70 BY 1 BY 2 GOWRI BARI LANE,SHYAM BAZAAR,KOLKATA. If you are travelling from outside Kolkata, search for the branch on a maps application using the bank name and locality, or call 25436697 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 IOBA0000082 and your account number.
Verifying IFSC IOBA0000082 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 IOBA0000082 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 25436697.
- Visiting the bank's official branch locator page.
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 Shyam Bazaar branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC IOBA0000082, however, work 24x7.
Branch address & contact
Indian Overseas BankShyam Bazaar Branch
70 BY 1 BY 2 GOWRI BARI LANE,SHYAM BAZAAR,KOLKATA
Kolkata, West Bengal
Phone: 25436697
IFSC: IOBA0000082
Frequently asked questions
What is the IFSC code of Indian Overseas Bank Shyam Bazaar branch?
The IFSC code of Indian Overseas Bank, Shyam Bazaar branch is IOBA0000082. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
Is IFSC IOBA0000082 the same for all accounts at Shyam Bazaar branch?
Yes. The IFSC IOBA0000082 is shared by every account held at Indian Overseas Bank's Shyam Bazaar branch. Only the account number changes from customer to customer.
Can I use IFSC IOBA0000082 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC IOBA0000082 to send funds instantly.
How quickly will an NEFT transfer using IOBA0000082 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Indian Overseas Bank – Shyam Bazaar reflect within 30 minutes.
How do I add Indian Overseas Bank Shyam Bazaar as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC IOBA0000082, and complete OTP verification. Once activated, you can transfer funds at any time.
What is the phone number of Indian Overseas Bank Shyam Bazaar branch?
You can reach the branch at 25436697 during regular banking hours.
Where is Indian Overseas Bank Shyam Bazaar branch located?
Indian Overseas Bank's Shyam Bazaar branch is located at 70 BY 1 BY 2 GOWRI BARI LANE,SHYAM BAZAAR,KOLKATA, Kolkata, West Bengal.
Is IFSC IOBA0000082 valid for NEFT and RTGS?
Yes. IFSC IOBA0000082 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Final notes
To recap: IOBA0000082 is the IFSC code of Indian Overseas Bank, SHYAM BAZAAR branch, in KOLKATA, WEST BENGAL. It is required for every electronic transfer to an account held at this branch. We keep this page updated with the latest address and contact details, so you can rely on the information here for your day-to-day banking needs.
