Indian Overseas Bank RAICHUR Branch IFSC Code
IOBA 0002159
RAICHUR — RAICHUR, KARNATAKA
MICR: 584020002
RTGS: ✓
NEFT: ✓
IMPS: ✓
UPI: ✓
Branch Details
- Bank
- Indian Overseas Bank
- Branch
- RAICHUR
- IFSC Code
- IOBA0002159
- MICR Code
- 584020002
- City
- RAICHUR
- District
- RAICHUR
- State
- KARNATAKA
- Contact
- +918532250300
How to Use This IFSC Code
NEFT Transfer
Use IFSC code IOBA0002159 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 IOBA0002159.
IMPS Transfer
IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code IOBA0002159.
IFSC Code Structure
I
O
B
A
0
0
0
2
1
5
9
- IOBA — Bank code (Indian Overseas Bank)
- 0 — Reserved (always 0)
- 002159 — Branch code (RAICHUR)
Nearby Indian Overseas Bank Branches in RAICHUR
DEVADURGA
IOBA0002294
NEXT TO AXIS BANK,SHASPUR ROAD,DEVEDURGA 584 111
MICR: 584020502 RTGS ✓ NEFT ✓ IMPS ✓
MANVI
IOBA0002651
11 4,379 BY 8A,MAIN MARKET,NEAR BUS STAND,MANVI 584123
MICR: 584020503 RTGS ✓ NEFT ✓ IMPS ✓
SINDHANUR
IOBA0002890
FIRST FLR,TMC NO.6 1 483 7,ABOVE JAYASAI PROVISION STORES,SINDHANUR,RAICHUR,584128
MICR: 584020202 RTGS ✓ NEFT ✓ IMPS ✓
Frequently Asked Questions
Is IOBA0002159 valid for online transfer?
Yes, IOBA0002159 is a valid IFSC code for Indian Overseas Bank RAICHUR branch in RAICHUR, KARNATAKA. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does IOBA0002159 belong to?
IOBA0002159 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 RAICHUR is 584020002. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using IOBA0002159?
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.