Indian Overseas Bank DEVASANDRA Branch IFSC Code

IOBA 0002972
Indian Overseas Bank Logo Indian Overseas Bank
DEVASANDRA — BANGALORE URBAN, KARNATAKA
MICR: 560020048 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
Indian Overseas Bank
Branch
DEVASANDRA
IFSC Code
IOBA0002972
MICR Code
560020048
Address
DEVARAJA COMPLEX,BALAJI JAWAHAR NAGAR LAYOUT,DEVASANDRA MAIN ROAD,K R PURAM,HOBLI,BANGALORE 560036
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City
BANGALORE URBAN
District
BANGALORE
State
KARNATAKA
Contact
+914428584896

How to Use This IFSC Code

NEFT Transfer

Use IFSC code IOBA0002972 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 IOBA0002972.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code IOBA0002972.

IFSC Code Structure

I
O
B
A
0
0
0
2
9
7
2
  • IOBA — Bank code (Indian Overseas Bank)
  • 0 — Reserved (always 0)
  • 002972 — Branch code (DEVASANDRA)

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Frequently Asked Questions

Is IOBA0002972 valid for online transfer?
Yes, IOBA0002972 is a valid IFSC code for Indian Overseas Bank DEVASANDRA branch in BANGALORE URBAN, KARNATAKA. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does IOBA0002972 belong to?
IOBA0002972 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 DEVASANDRA is 560020048. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using IOBA0002972?
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.