Indian Overseas Bank BAGALKOT Branch IFSC Code

IOBA 0002407
Indian Overseas Bank Logo Indian Overseas Bank
BAGALKOT — BAGALKOTE, KARNATAKA
MICR: 587020102 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
Indian Overseas Bank
Branch
BAGALKOT
IFSC Code
IOBA0002407
MICR Code
587020102
Address
BELGAUM RAICHUR ROAD BAGALKOTE PIN 587001 DURGA DAYA BUILDING NEAR BUS STAND KINNIGOLI
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City
BAGALKOTE
District
BAGALKOT
State
KARNATAKA
Contact
+914428584896

How to Use This IFSC Code

NEFT Transfer

Use IFSC code IOBA0002407 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 IOBA0002407.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code IOBA0002407.

IFSC Code Structure

I
O
B
A
0
0
0
2
4
0
7
  • IOBA — Bank code (Indian Overseas Bank)
  • 0 — Reserved (always 0)
  • 002407 — Branch code (BAGALKOT)

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Frequently Asked Questions

Is IOBA0002407 valid for online transfer?
Yes, IOBA0002407 is a valid IFSC code for Indian Overseas Bank BAGALKOT branch in BAGALKOTE, KARNATAKA. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does IOBA0002407 belong to?
IOBA0002407 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 BAGALKOT is 587020102. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using IOBA0002407?
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.