Indian Overseas Bank MAHALINGPUR Branch IFSC Code

IOBA 0003053
Indian Overseas Bank Logo Indian Overseas Bank
MAHALINGPUR — BAGALKOTE, KARNATAKA
MICR: 587020502 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
Indian Overseas Bank
Branch
MAHALINGPUR
IFSC Code
IOBA0003053
MICR Code
587020502
Address
MAHALINGPUR,BAGALKOTE DIST,KARNATAKA 587312
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City
BAGALKOTE
District
MAHALINGPUR
State
KARNATAKA
Contact
+914428584896

How to Use This IFSC Code

NEFT Transfer

Use IFSC code IOBA0003053 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 IOBA0003053.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code IOBA0003053.

IFSC Code Structure

I
O
B
A
0
0
0
3
0
5
3
  • IOBA — Bank code (Indian Overseas Bank)
  • 0 — Reserved (always 0)
  • 003053 — Branch code (MAHALINGPUR)

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Frequently Asked Questions

Is IOBA0003053 valid for online transfer?
Yes, IOBA0003053 is a valid IFSC code for Indian Overseas Bank MAHALINGPUR branch in BAGALKOTE, KARNATAKA. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does IOBA0003053 belong to?
IOBA0003053 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 MAHALINGPUR is 587020502. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using IOBA0003053?
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.