Indian Overseas Bank MALUR Branch IFSC Code

IOBA 0002588
Indian Overseas Bank Logo Indian Overseas Bank
MALUR — KOLAR, KARNATAKA
MICR: 563020452 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
Indian Overseas Bank
Branch
MALUR
IFSC Code
IOBA0002588
MICR Code
563020452
Address
2921BY2738,1ST FLOOR,SRI VITTALA KRIPA,MALUR HOSUR MAIN ROAD,OPP GOVT 563130
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City
KOLAR
District
MALUR
State
KARNATAKA
Contact
+914428584896

How to Use This IFSC Code

NEFT Transfer

Use IFSC code IOBA0002588 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 IOBA0002588.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code IOBA0002588.

IFSC Code Structure

I
O
B
A
0
0
0
2
5
8
8
  • IOBA — Bank code (Indian Overseas Bank)
  • 0 — Reserved (always 0)
  • 002588 — Branch code (MALUR)

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Frequently Asked Questions

Is IOBA0002588 valid for online transfer?
Yes, IOBA0002588 is a valid IFSC code for Indian Overseas Bank MALUR branch in KOLAR, KARNATAKA. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does IOBA0002588 belong to?
IOBA0002588 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 MALUR is 563020452. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using IOBA0002588?
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.