Indian Overseas Bank ALWAL Branch IFSC Code
IOBA 0000623
Indian Overseas Bank ALWAL — HYDERABAD URBAN, ANDHRA PRADESH
MICR: 500020003
RTGS: ✓
NEFT: ✓
IMPS: ✓
UPI: ✓
Branch Details
- Bank
- Indian Overseas Bank
- Branch
- ALWAL
- IFSC Code
- IOBA0000623
- MICR Code
- 500020003
- City
- HYDERABAD URBAN
- District
- SECUNDERABAD CANTONMENT
- State
- ANDHRA PRADESH
- Contact
- 23468839
How to Use This IFSC Code
NEFT Transfer
Use IFSC code IOBA0000623 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 IOBA0000623.
IMPS Transfer
IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code IOBA0000623.
IFSC Code Structure
I
O
B
A
0
0
0
0
6
2
3
- IOBA — Bank code (Indian Overseas Bank)
- 0 — Reserved (always 0)
- 000623 — Branch code (ALWAL)
Nearby Indian Overseas Bank Branches in HYDERABAD URBAN
SECUNDERABAD
IOBA0000200
CHANDRALOK BUILDING COMPLEX, MAHATMA GANDHI ROAD, SECUNDERABAD - 500003
MICR: 500020009 RTGS ✓ NEFT ✓ IMPS ✓
R P ROAD
IOBA0000432
4-2-25 TO 28 AND 32, 1 ST FLOOR, RASHTRAPATHI ROAD, SECUNDERABAD - 500003
MICR: 500020013 RTGS ✓ NEFT ✓ IMPS ✓
SECUNDERABADLOYOLA ACADEMY
IOBA0001715
OLD ALWAL, SECUNDERABAD, SECUNDERABAD, PIN 50010
MICR: 500020030 RTGS ✓ NEFT ✓ IMPS ✓
SECUNDERABAD
IOBA0001731
6 1 119 BY E OPP TO S P COLLEGE PADMARAO NAGAR SKANDAGIRI500025
MICR: 500020023 RTGS ✓ NEFT ✓ IMPS ✓
SECUNDERABAD SAINIKPURI
IOBA0001732
SAINIKPURI SECUNDERABAD 500094
MICR: 500020026 RTGS ✓ NEFT ✓ IMPS ✓
Frequently Asked Questions
Is IOBA0000623 valid for online transfer?
Yes, IOBA0000623 is a valid IFSC code for Indian Overseas Bank ALWAL branch in HYDERABAD URBAN, ANDHRA PRADESH. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does IOBA0000623 belong to?
IOBA0000623 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 ALWAL is 500020003. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using IOBA0000623?
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.