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Indian Overseas Bank · Hyderabad

IOBA0003836: Indian Overseas Bank, Retail Loan Processing Centre

IFSC code IOBA0003836 belongs to the Retail Loan Processing Centre branch of Indian Overseas Bank in Hyderabad, Telangana. Its MICR code is 500020002.

IFSC
IOBA0003836
MICR
500020002
Bank
Indian Overseas Bank
Branch
Retail Loan Processing Centre
District
Hyderabad
State
Telangana

Branch address

Indian Overseas Bank
1 8 522,27 by 2,Third Floor,Lane Opp to Chandana Bros,Chikkadpally

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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 003836 is the code of the Retail Loan Processing Centre branch. In the MICR code 500020002, 500 is the city, 020 the bank and 002 the branch.

Other Indian Overseas Bank branches in Hyderabad

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 Retail Loan Processing Centre branch (Hyderabad, Telangana) is IOBA0003836.

  2. 500020002. MICR is printed at the bottom of the branch's cheques.

  3. 1 8 522,27 by 2,Third Floor,Lane Opp to Chandana Bros,Chikkadpally

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC IOBA0003836 with the beneficiary's account number.

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