If you are searching for the IFSC code of Indian Overseas Bank, PALWAL branch in PALWAL, HARYANA, this page has every detail you need. The verified IFSC code for this branch is IOBA0001667. 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 PALWAL branch, and detailed step-by-step guides for using the IFSC IOBA0001667 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, IOBA0001667 is the IFSC of Indian Overseas Bank's PALWAL branch. The format is fixed: IOBA = bank code, 0 = reserved, 001667 = branch identifier.
About the bank
Indian Overseas Bank serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Palwal branch in Palwal, Haryana is part of this network and uses the IFSC code IOBA0001667 for all electronic settlement.
Branch details at a glance
| Bank Name | Indian Overseas Bank |
|---|---|
| Branch | Palwal |
| IFSC Code | IOBA0001667 |
| MICR Code | Refer to cheque leaf |
| Branch Address | RAILWAY STATION ROAD ,OPP. VIVEKANAND SR.SEC.SCHOOL ,PALWAL PIN 121103 |
| City | Palwal |
| District | Faridabad |
| State | Haryana |
| Phone | 221717 |
About this branch
The branch is located at RAILWAY STATION ROAD ,OPP. VIVEKANAND SR.SEC.SCHOOL ,PALWAL PIN 121103. It serves the Palwal 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 IOBA0001667 is used to identify this branch on the RBI payments network.
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 PALWAL branch came to be assigned the code IOBA0001667.
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 IOBA0001667, money simply cannot be routed to the PALWAL branch electronically.
Products and account variants supported
Every account opened at the Palwal branch is mapped to IFSC IOBA0001667 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 IOBA0001667.
Banking services available
The Palwal branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 221717.
- 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 IOBA0001667
How to transfer money using IFSC IOBA0001667
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 IOBA0001667 across all three.
NEFT to Indian Overseas Bank, PALWAL using IFSC IOBA0001667
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 IOBA0001667, and confirm that the system picks up Indian Overseas Bank – PALWAL. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
RTGS transfers via IFSC IOBA0001667
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 – PALWAL, ensure your bank's portal accepts IFSC IOBA0001667 while registering the beneficiary. RTGS is also available 24x7.
Send money instantly through IMPS
For a real-time, anytime transfer to Indian Overseas Bank – PALWAL, use IMPS. With IFSC IOBA0001667 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 IOBA0001667 for Indian Overseas Bank – PALWAL, 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 – IOBA0001667 | Yes – IOBA0001667 | Yes – IOBA0001667 |
For most retail customers crediting the Palwal 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 IOBA0001667
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 – PALWAL is still mapped to IFSC IOBA0001667. 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 IOBA0001667 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 Palwal 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 IOBA0001667 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 Palwal branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC IOBA0001667 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
Common mistakes to avoid when using IFSC IOBA0001667
An incorrect IFSC almost always results in a failed transfer or, worse, a credit to the wrong branch. Before you click Confirm on a transfer to Indian Overseas Bank – PALWAL, double-check for these issues:
- Confusing 0 with O. The fifth character of every IFSC is the digit
0, not the letter O. Read carefully. - Spaces or hyphens. Do not put spaces in the IFSC. It is exactly 11 characters:
IOBA0001667. - Wrong branch. A bank can have dozens of branches in the same city. Make sure you are using the IFSC for the actual branch where the beneficiary holds the account, not just any nearby branch.
- Old IFSC after a merger. If two banks have merged, the IFSC may have been reissued. Always verify with a recent passbook or cheque leaf.
- Copy-paste from chat. Auto-correct on phones can silently change letters in IFSC codes. Type carefully or copy from a trusted source like the cheque book.
How to reach the Palwal branch
The branch is located at RAILWAY STATION ROAD ,OPP. VIVEKANAND SR.SEC.SCHOOL ,PALWAL PIN 121103, which puts it inside Palwal, the broader Faridabad district, and the state of Haryana. To plan your visit:
- Open Google Maps on your phone and search for “Indian Overseas Bank Palwal branch” — the verified location pin for IFSC IOBA0001667 should appear at the top of the results.
- Confirm the branch is open by calling 221717 before stepping out, especially around public holidays.
- Carry photo ID and any account-related documents you may need for the transaction you plan to do.
Most banking work — passbook updates, fund transfers, statement downloads — can also be completed online without visiting the branch in person, as long as you know the IFSC IOBA0001667 and your account number.
Other ways to verify the IFSC code
While this page already lists the verified IFSC IOBA0001667 for Indian Overseas Bank – PALWAL, 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 Palwal branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC IOBA0001667, however, work 24x7.
Branch address & contact
Indian Overseas BankPalwal Branch
RAILWAY STATION ROAD ,OPP. VIVEKANAND SR.SEC.SCHOOL ,PALWAL PIN 121103
Palwal, Haryana
Phone: 221717
IFSC: IOBA0001667
Frequently asked questions
What is the phone number of Indian Overseas Bank Palwal branch?
You can reach the branch at 221717 during regular banking hours.
Is IFSC IOBA0001667 the same for all accounts at Palwal branch?
Yes. The IFSC IOBA0001667 is shared by every account held at Indian Overseas Bank's Palwal branch. Only the account number changes from customer to customer.
How quickly will an NEFT transfer using IOBA0001667 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Indian Overseas Bank – Palwal reflect within 30 minutes.
Can I use IFSC IOBA0001667 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC IOBA0001667 to send funds instantly.
Where is Indian Overseas Bank Palwal branch located?
Indian Overseas Bank's Palwal branch is located at RAILWAY STATION ROAD ,OPP. VIVEKANAND SR.SEC.SCHOOL ,PALWAL PIN 121103, Palwal, Haryana.
Is IFSC IOBA0001667 valid for NEFT and RTGS?
Yes. IFSC IOBA0001667 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Summary
The IFSC code IOBA0001667 belongs to Indian Overseas Bank's PALWAL branch, located at RAILWAY STATION ROAD ,OPP. VIVEKANAND SR.SEC.SCHOOL ,PALWAL PIN 121103 in PALWAL, HARYANA. 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.
