Indian Overseas Bank MADIKERI Branch IFSC Code

IOBA 0000203
Indian Overseas Bank Logo Indian Overseas Bank
MADIKERI — KODAGU, KARNATAKA
MICR: 571020152 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
Indian Overseas Bank
Branch
MADIKERI
IFSC Code
IOBA0000203
MICR Code
571020152
Address
GENERAL THIMMAIAH CIRCLE,CHICKPET,MADIKERI,PIN 571201
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City
KODAGU
District
MADIKERI
State
KARNATAKA
Contact
225671

How to Use This IFSC Code

NEFT Transfer

Use IFSC code IOBA0000203 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 IOBA0000203.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code IOBA0000203.

IFSC Code Structure

I
O
B
A
0
0
0
0
2
0
3
  • IOBA — Bank code (Indian Overseas Bank)
  • 0 — Reserved (always 0)
  • 000203 — Branch code (MADIKERI)

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Frequently Asked Questions

Is IOBA0000203 valid for online transfer?
Yes, IOBA0000203 is a valid IFSC code for Indian Overseas Bank MADIKERI branch in KODAGU, KARNATAKA. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does IOBA0000203 belong to?
IOBA0000203 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 MADIKERI is 571020152. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using IOBA0000203?
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.