Indian Overseas Bank MANGALORE BUNDER Branch IFSC Code

IOBA 0000054
Indian Overseas Bank Logo Indian Overseas Bank
MANGALORE BUNDER — DAKSHIN KANNAD, KARNATAKA
MICR: 575020001 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
Indian Overseas Bank
Branch
MANGALORE BUNDER
IFSC Code
IOBA0000054
MICR Code
575020001
Address
41 BY 1,AZIZUDDIN ROAD,BUNDER,MANGALORE PIN 575001
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City
DAKSHIN KANNAD
District
MANGALORE
State
KARNATAKA
Contact
2411625

How to Use This IFSC Code

NEFT Transfer

Use IFSC code IOBA0000054 to send money via NEFT to this branch. NEFT transfers are processed in hourly batches during working hours. No minimum amount required.

RTGS Transfer

This branch supports RTGS for high-value instant transfers above ₹2 lakhs. Use the same IFSC code IOBA0000054.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code IOBA0000054.

IFSC Code Structure

I
O
B
A
0
0
0
0
0
5
4
  • IOBA — Bank code (Indian Overseas Bank)
  • 0 — Reserved (always 0)
  • 000054 — Branch code (MANGALORE BUNDER)

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Frequently Asked Questions

Is IOBA0000054 valid for online transfer?
Yes, IOBA0000054 is a valid IFSC code for Indian Overseas Bank MANGALORE BUNDER branch in DAKSHIN KANNAD, KARNATAKA. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does IOBA0000054 belong to?
IOBA0000054 belongs to Indian Overseas Bank. The first 4 characters "IOBA" identify the bank.
What is the MICR code for this branch?
The MICR code for Indian Overseas Bank MANGALORE BUNDER is 575020001. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using IOBA0000054?
Yes, this branch supports RTGS (Real Time Gross Settlement). RTGS is used for high-value instant transfers above ₹2 lakhs. Available on working days during RBI specified hours.