Indian Overseas Bank KAGALWADI Branch IFSC Code

IOBA 0000309
Indian Overseas Bank Logo Indian Overseas Bank
KAGALWADI — CHAMARAJANAGAR, KARNATAKA
MICR: 571020551 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
Indian Overseas Bank
Branch
KAGALWADI
IFSC Code
IOBA0000309
MICR Code
571020551
Address
119 MAIN ROAD,KAGALWADI,PIN 571117
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City
CHAMARAJANAGAR
District
KAGALWADI
State
KARNATAKA
Contact
+918226232179

How to Use This IFSC Code

NEFT Transfer

Use IFSC code IOBA0000309 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 IOBA0000309.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code IOBA0000309.

IFSC Code Structure

I
O
B
A
0
0
0
0
3
0
9
  • IOBA — Bank code (Indian Overseas Bank)
  • 0 — Reserved (always 0)
  • 000309 — Branch code (KAGALWADI)

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Frequently Asked Questions

Is IOBA0000309 valid for online transfer?
Yes, IOBA0000309 is a valid IFSC code for Indian Overseas Bank KAGALWADI branch in CHAMARAJANAGAR, KARNATAKA. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does IOBA0000309 belong to?
IOBA0000309 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 KAGALWADI is 571020551. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using IOBA0000309?
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.