Indian Overseas Bank HYDERABAD BASHEER BAGH Branch IFSC Code
IOBA 0000583
Indian Overseas Bank HYDERABAD BASHEER BAGH — HYDERABAD, ANDHRA PRADESH
MICR: 500020004
RTGS: ✓
NEFT: ✓
IMPS: ✓
UPI: ✓
Branch Details
- Bank
- Indian Overseas Bank
- Branch
- HYDERABAD BASHEER BAGH
- IFSC Code
- IOBA0000583
- MICR Code
- 500020004
- City
- HYDERABAD
- District
- HYDERABAD
- State
- ANDHRA PRADESH
- Contact
- 23421533
How to Use This IFSC Code
NEFT Transfer
Use IFSC code IOBA0000583 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 IOBA0000583.
IMPS Transfer
IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code IOBA0000583.
IFSC Code Structure
I
O
B
A
0
0
0
0
5
8
3
- IOBA — Bank code (Indian Overseas Bank)
- 0 — Reserved (always 0)
- 000583 — Branch code (HYDERABAD BASHEER BAGH)
Nearby Indian Overseas Bank Branches in HYDERABAD
HYDERABAD
IOBA0000030
104 BY 1, ABIDS TO KOTI ROAD, SULTAN BAZAAR, HYDERABAD - 500095
MICR: 500020014 RTGS ✓ NEFT ✓ IMPS ✓
BEGUM BAZAAR
IOBA0000336
15 7 257 I FLOOR,BEGUM BAZAAR,HYDERABAD
MICR: 500020005 RTGS ✓ NEFT ✓ IMPS ✓
LAKDIKAPUL
IOBA0000437
11 4 658,LAKDIKA PUL,HYDERABAD
MICR: 500020008 RTGS ✓ NEFT ✓ IMPS ✓
HIMAYAT NAGAR
IOBA0000572
3-6-276 BY 2, 1 FLOOR, NEAR HYD STOCK EXCHANGE, HIMAYAT NAGAR, HYDERABAD 500029
MICR: 500020007 RTGS ✓ NEFT ✓ IMPS ✓
CHIKKADPALLY
IOBA0000678
1 1 256 BY 8A,STREET NO 3,CHIKKADAPALLY,HYDERABAD
MICR: 500020006 RTGS ✓ NEFT ✓ IMPS ✓
Frequently Asked Questions
Is IOBA0000583 valid for online transfer?
Yes, IOBA0000583 is a valid IFSC code for Indian Overseas Bank HYDERABAD BASHEER BAGH branch in HYDERABAD, ANDHRA PRADESH. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does IOBA0000583 belong to?
IOBA0000583 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 HYDERABAD BASHEER BAGH is 500020004. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using IOBA0000583?
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.