Indian Overseas Bank MEDCHAL Branch IFSC Code

IOBA 0002177
Indian Overseas Bank Logo Indian Overseas Bank
MEDCHAL — RANGAREDDY, ANDHRA PRADESH
MICR: 500020039 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
Indian Overseas Bank
Branch
MEDCHAL
IFSC Code
IOBA0002177
MICR Code
500020039
Address
DOOR NO.1136 NH 7,MEDCHAL MAIN ROAD MEDCHAL PIN 501401
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City
RANGAREDDY
District
MEDCHAL
State
ANDHRA PRADESH
Contact
+918418220060

How to Use This IFSC Code

NEFT Transfer

Use IFSC code IOBA0002177 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 IOBA0002177.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code IOBA0002177.

IFSC Code Structure

I
O
B
A
0
0
0
2
1
7
7
  • IOBA — Bank code (Indian Overseas Bank)
  • 0 — Reserved (always 0)
  • 002177 — Branch code (MEDCHAL)

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Frequently Asked Questions

Is IOBA0002177 valid for online transfer?
Yes, IOBA0002177 is a valid IFSC code for Indian Overseas Bank MEDCHAL branch in RANGAREDDY, ANDHRA PRADESH. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does IOBA0002177 belong to?
IOBA0002177 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 MEDCHAL is 500020039. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using IOBA0002177?
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.