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Indian Overseas Bank · Kolar

IOBA0002588: Indian Overseas Bank, Malur

IFSC code IOBA0002588 belongs to the Malur branch of Indian Overseas Bank in Kolar, Karnataka. Its MICR code is 563020452.

IFSC
IOBA0002588
MICR
563020452
Bank
Indian Overseas Bank
Branch
Malur
District
Kolar
State
Karnataka
Phone
+914428584896

Branch address

Indian Overseas Bank
2921by2738,1st Floor,Sri Vittala Kripa,Malur Hosur Main Road,Opp Govt 563130

Open in a map · Pincode 563130: post offices and area

Payment systems

SystemOn RBI's list for this branchWhat it is for
NEFTYesTransfers of any amount, settled in half-hourly batches, all day
RTGSYesLarge transfers (₹2 lakh and above), settled one by one in real time
IMPSYesInstant transfers, any time, usually for smaller amounts
UPIYesPayments by UPI ID or mobile number from apps

Reading this IFSC

IOBA is Indian Overseas Bank's bank code, the fifth character 0 is kept for future use, and 002588 is the code of the Malur branch. In the MICR code 563020452, 563 is the city, 020 the bank and 452 the branch.

Other Indian Overseas Bank branches in Kolar

IFSC and your loan

When you take a loan through Oxon Fintech, the lending partner (a bank or NBFC) pays the money straight into your own bank account, so the application asks for your account number and its IFSC. Check both against your passbook or cheque book: a wrong IFSC can delay the payment. Oxon never asks for your OTP, PIN, CVV or passwords.

Data: the Reserve Bank of India's list of NEFT and RTGS bank branches, as compiled by Razorpay's open-source IFSC dataset. Bank details change from time to time (branches merge, move or close); confirm the IFSC with your bank or on your cheque book before you send money. Oxon Fintech is a loan platform, not a bank, and is not linked to the banks listed.

01 FAQ

Common questions.

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  1. The IFSC of Indian Overseas Bank's Malur branch (Kolar, Karnataka) is IOBA0002588.

  2. 563020452. MICR is printed at the bottom of the branch's cheques.

  3. 2921by2738,1st Floor,Sri Vittala Kripa,Malur Hosur Main Road,Opp Govt 563130

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC IOBA0002588 with the beneficiary's account number.

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