Below are the complete branch details for Indian Overseas Bank, REWA branch, located in REWA, MADHYA PRADESH. The IFSC assigned by the Reserve Bank of India to this branch is IOBA0002872. Whether you want to transfer money, add a beneficiary, verify a cheque or simply confirm the branch address, you will find authentic, up-to-date information on this page that has been cross-checked against the bank's branch directory and the RBI's master list of participants in the National Electronic Funds Transfer system.
The IFSC code is one of the most frequently asked-for pieces of information when somebody wants to send you money or set up a recurring credit such as a salary, EMI auto-debit or supplier payment. Knowing exactly which IFSC belongs to your branch — in this case IOBA0002872 for Indian Overseas Bank – REWA — saves you from rejected transfers, returned credits and the back-and-forth that follows them.
The Indian Financial System Code, popularly known as IFSC, is an 11-digit alphanumeric code that the RBI assigns to every bank branch participating in online interbank settlement. Without this code, an electronic transfer simply cannot reach its destination branch.
The IFSC for Indian Overseas Bank – REWA is IOBA0002872. The first four letters IOBA are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 002872 map to this branch in REWA, MADHYA PRADESH.
Bank profile
Indian Overseas Bank is among the recognised banks listed on the Reserve Bank of India's payments network. The Rewa branch — IFSC IOBA0002872 — extends the bank's services to customers in and around Rewa, Madhya Pradesh.
Branch details at a glance
| Bank Name | Indian Overseas Bank |
|---|---|
| Branch | Rewa |
| IFSC Code | IOBA0002872 |
| MICR Code | Refer to cheque leaf |
| Branch Address | NH 7,NEAR NEW BUS STAND,BESIDES ADITYA HOTEL,REWA M.P.486001 |
| City | Rewa |
| District | Rewa |
| State | Madhya Pradesh |
| STD Code | 44 |
| Phone | 28584896 |
About this branch
The branch is located at NH 7,NEAR NEW BUS STAND,BESIDES ADITYA HOTEL,REWA M.P.486001. It serves the Rewa 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 IOBA0002872 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 REWA branch came to be assigned the code IOBA0002872.
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 IOBA0002872, money simply cannot be routed to the REWA branch electronically.
Products and account variants supported
Every account opened at the Rewa branch is mapped to IFSC IOBA0002872 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 IOBA0002872.
Banking services available
The Rewa branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 44-28584896.
- 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 IOBA0002872
How to transfer money using IFSC IOBA0002872
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 IOBA0002872 across all three.
NEFT to Indian Overseas Bank, REWA using IFSC IOBA0002872
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 IOBA0002872, and confirm that the system picks up Indian Overseas Bank – REWA. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
Real-Time Gross Settlement to REWA
If you need to transfer ₹2 lakh or more in one go to an account at Indian Overseas Bank's REWA branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC IOBA0002872 while initiating the transfer and the credit will appear within minutes.
IMPS to Indian Overseas Bank REWA (IFSC IOBA0002872)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC IOBA0002872 in your mobile or internet banking app, and the money is credited to the REWA branch account within seconds.
Comparing NEFT, RTGS and IMPS for transfers to Rewa
The right transfer rail depends on how urgent the payment is, how large it is, and whether the receiving bank participates in the chosen scheme. Every option below works with the IFSC IOBA0002872:
- NEFT — best for everyday transfers of any amount; settles in half-hourly batches around the clock.
- RTGS — best for transfers of ₹2 lakh and above; settles each transaction individually in real time.
- IMPS — best when speed matters more than batch scheduling; instant credit up to ₹5 lakh.
- UPI — best for small peer-to-peer payments using a VPA; the underlying account at REWA is still linked to IFSC IOBA0002872.
For salary credits, vendor payouts and refunds, employers and merchants usually default to NEFT because of its zero per-transaction cost for retail customers and its 24x7 availability.
UPI payments and IFSC IOBA0002872
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 – REWA is still mapped to IFSC IOBA0002872. 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 IOBA0002872 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 Rewa 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 IOBA0002872 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 IOBA0002872 and the account number together uniquely identify the Rewa 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 – REWA:
- The IFSC is exactly IOBA0002872 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 REWA 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.
How to reach the Rewa branch
The branch is located at NH 7,NEAR NEW BUS STAND,BESIDES ADITYA HOTEL,REWA M.P.486001, which puts it inside Rewa, the broader Rewa district, and the state of Madhya Pradesh. To plan your visit:
- Open Google Maps on your phone and search for “Indian Overseas Bank Rewa branch” — the verified location pin for IFSC IOBA0002872 should appear at the top of the results.
- Confirm the branch is open by calling 44-28584896 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 IOBA0002872 and your account number.
Other ways to verify the IFSC code
While this page already lists the verified IFSC IOBA0002872 for Indian Overseas Bank – REWA, 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 Rewa branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC IOBA0002872, however, work 24x7.
Branch address & contact
Indian Overseas BankRewa Branch
NH 7,NEAR NEW BUS STAND,BESIDES ADITYA HOTEL,REWA M.P.486001
Rewa, Madhya Pradesh
Phone: 44-28584896
IFSC: IOBA0002872
Frequently asked questions
Is IFSC IOBA0002872 valid for NEFT and RTGS?
Yes. IFSC IOBA0002872 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Does Indian Overseas Bank Rewa branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 44-28584896 to confirm.
Where is Indian Overseas Bank Rewa branch located?
Indian Overseas Bank's Rewa branch is located at NH 7,NEAR NEW BUS STAND,BESIDES ADITYA HOTEL,REWA M.P.486001, Rewa, Madhya Pradesh.
Can I use IFSC IOBA0002872 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC IOBA0002872 to send funds instantly.
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 Rewa branch but serve different purposes.
How do I add Indian Overseas Bank Rewa as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC IOBA0002872, and complete OTP verification. Once activated, you can transfer funds at any time.
What is the phone number of Indian Overseas Bank Rewa branch?
You can reach the branch at 44-28584896 during regular banking hours.
Is IFSC IOBA0002872 the same for all accounts at Rewa branch?
Yes. The IFSC IOBA0002872 is shared by every account held at Indian Overseas Bank's Rewa branch. Only the account number changes from customer to customer.
Final notes
To recap: IOBA0002872 is the IFSC code of Indian Overseas Bank, REWA branch, in REWA, MADHYA PRADESH. 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.
