Indian Overseas Bank BIDAR Branch IFSC Code

IOBA 0002994
Indian Overseas Bank Logo Indian Overseas Bank
BIDAR — BIDAR, KARNATAKA
MICR: 585020102 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
Indian Overseas Bank
Branch
BIDAR
IFSC Code
IOBA0002994
MICR Code
585020102
Address
892 FIRST FLOOR,DR C S PATIL SHOPPING COMPLEX,UDGIR ROAD,BIDAR585401
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City
BIDAR
District
BIDAR
State
KARNATAKA
Contact
+914428584896

How to Use This IFSC Code

NEFT Transfer

Use IFSC code IOBA0002994 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 IOBA0002994.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code IOBA0002994.

IFSC Code Structure

I
O
B
A
0
0
0
2
9
9
4
  • IOBA — Bank code (Indian Overseas Bank)
  • 0 — Reserved (always 0)
  • 002994 — Branch code (BIDAR)

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Frequently Asked Questions

Is IOBA0002994 valid for online transfer?
Yes, IOBA0002994 is a valid IFSC code for Indian Overseas Bank BIDAR branch in BIDAR, KARNATAKA. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does IOBA0002994 belong to?
IOBA0002994 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 BIDAR is 585020102. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using IOBA0002994?
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.