Indian Overseas Bank DEVADURGA Branch IFSC Code

IOBA 0002294
Indian Overseas Bank Logo Indian Overseas Bank
DEVADURGA — RAICHUR, KARNATAKA
MICR: 584020502 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
Indian Overseas Bank
Branch
DEVADURGA
IFSC Code
IOBA0002294
MICR Code
584020502
Address
NEXT TO AXIS BANK,SHASPUR ROAD,DEVEDURGA 584 111
Open in Google Maps
City
RAICHUR
District
DEVADURGA
State
KARNATAKA
Contact
+914428584896

How to Use This IFSC Code

NEFT Transfer

Use IFSC code IOBA0002294 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 IOBA0002294.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code IOBA0002294.

IFSC Code Structure

I
O
B
A
0
0
0
2
2
9
4
  • IOBA — Bank code (Indian Overseas Bank)
  • 0 — Reserved (always 0)
  • 002294 — Branch code (DEVADURGA)

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Frequently Asked Questions

Is IOBA0002294 valid for online transfer?
Yes, IOBA0002294 is a valid IFSC code for Indian Overseas Bank DEVADURGA branch in RAICHUR, KARNATAKA. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does IOBA0002294 belong to?
IOBA0002294 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 DEVADURGA is 584020502. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using IOBA0002294?
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.