Select Branch for Indian Overseas Bank in Bangalore Urban, Karnataka

Choose a branch to view IFSC code and details

Branch
Appareddypalaya

IOBA0001061

3274,11TH MAIN RD,HAL II STAGE,NEW ISRO COLONY,BANGALORE
Branch
Avalahalli

IOBA0003316

SINGANAYAKANAHALLI,BANGALORE DODDABALLAPUR MAIN ROAD,YELAHANKA HOBLI,SINGANAYAKANAHALLI 560064
Branch
Banashankari Ii Stage

IOBA0001298

356 24TH B CROSS,9TH MAIN RD,BANASHANKARI II STAGE,BANGALORE
Branch
Bangalore

IOBA0000011

7, SRISAILAM, I MAIN ROAD, GANDHI NAGAR, BANGALORE - 560009
Branch
Bangalore

IOBA0001775

1335 NALINA COMPLEX II STAGE 11TH CROSS 7TH MAIN NAGAPURA MAIN ROAD BANGALORE
Branch
Bangalore Kothanur

IOBA0003395

GUBBI CROSS,HENNU BAGLUR MAIN ROAD,KOTHANUR,BANGALORE 560077
Branch
Bangalore Nbgm Office

IOBA0003287

10 BY 1,III LAKSINARAYAN COMPLEX,PALACE ROAD,VASANT NAGAR,BANGALORE 560052,KARNATAKA
Branch
Bangalore Padmanabha Nagar

IOBA0003677

5 GROUND FLOOR OPP VENKATESWARA TEMPLE 80 FEET ROAD PADMANABHA NAGAR KARNATAKA 560070
Branch
Bangaloresampaige Road

IOBA0002118

SWETHA MANSION, FIRST FLOOR, 483, 5TH CROSS, MALLESWARAM, BANGALORE PIN 560003
Branch
Bannerghatta Road

IOBA0001605

NEW 12 AND 13,N S PALYA INDL AREA,BANNERGHATTA RD,B LORE
Branch
Basavanagudi

IOBA0001897

NO 39 S L V PLAZA,BULL TEMPLE ROAD,BASAVANAGUDI,BANGALORE,PIN 560004
Branch
Bilekahalli

IOBA0001524

SITE 9,BANNERGHATTA RD,BILEKAHALLI,BANGALORE
Branch
Bommanahalli

IOBA0001654

NO. 4 1ST FLOOR, SREERAJ COMPLEX BEGUR MAIN ROAD, BOMMANAHALLI BANGALORE 560068
Branch
Brookefields

IOBA0001900

ITPL MAIN ROAD,KUNDALAHALLI,BROOK FIELDS,MARATHAHALLI PO,BANGALORE 560037
Branch
Cantonment

IOBA0000012

NO 3, CENTRAL STREET, BANGALORE - 560001.
Branch
Chikkabidarakallu

IOBA0002310

NO 11 RAVIKIRLKSHKAR LAYOUT,CHIKKABIDARAKALLY TUMKUR ROAD,BANGALORE 560073 KARNATAKA
Branch
Cox Town

IOBA0000201

45, WHEELER ROAD, COX TOWN, BANGALORE - 560005
Branch
Devasandra

IOBA0002972

DEVARAJA COMPLEX,BALAJI JAWAHAR NAGAR LAYOUT,DEVASANDRA MAIN ROAD,K R PURAM,HOBLI,BANGALORE 560036
Branch
East End Main Rd

IOBA0000677

42 BY 166, EAST END MAIN RD, JAYANAGAR 9TH BLOCK, BANGALORE
Branch
Electronic City

IOBA0003743

9 SHANTHIPURA MAIN ROAD ELECTRONIC CITY PHASE 2 BENGALURU 560100
Branch
H R B R Layout

IOBA0001554

3,9TH B MAIN RD,100 FEET RD,BANASWADI MAIN RD,B LORE
Branch
Hebbalu

IOBA0002566

SITE NO 10 VANIVILAS MOHALLA HBCS HEBBALLAYOUT MYSORE
Branch
Hsr Layout Bangalore

IOBA0002456

19 BY A I FLOOR 9TH MAIN ROAD,SECTOR7,HSR LAYOUT,BANGALORE560102
Branch
Hullahalli Ck Palya

IOBA0003745

SURVEY NO 194 2 CK PALYA HULLAHALLI SAKALAVARA POST BANNERGHATA ROAD BENGALURU 560083
Branch
Indira Ngr

IOBA0000604

323 CHINMAYA MISSION HOSP RD,BINNAMANGALA 1 STAGE,INDIRA NGR,BANGALORE
Branch
J P Nagar

IOBA0001302

945, SARAKKI LAYOUT II PHASE, 24TH MAIN RD, J.P. NGR, BANGALORE
Branch
Jaya Ngr Vii Block

IOBA0000842

253,KANAKAPURA RD,VII BLOCK,JAYA NGR,BANGALORE
Branch
JayaNagar V Block

IOBA0000346

232, IX MAIN ROAD, V BLOCK, JAYA NAGAR, BANGALORE - 260041
Branch
Jigani

IOBA0002306

48,100FT RING RD,NEAR APC CIRCLE II PHASE,JIGANI INDUSTRIAL AREA,ANEKAL TQ,BANGALORE 562106
Branch
Kammagondanahalli

IOBA0003603

72,KALANAGAR,GROUND FLOOR,KAMMAGONDANAHALLI,JALLAHALLI WEST POST,BANGALORE 560015
Branch
KanakaNagara

IOBA0002838

45BY1,8TH A CROSS,KANAKANAGARA,R.T.NAGAR P.O.BANGALORE 560032
Branch
KanakaPura Road

IOBA0001568

120 BY 1 AKSHAYA COMPLEX KANAKAPURA MAIN RD,B LORE
Branch
Koramangala

IOBA0001485

310 BY 6,H R COMPLEX INDUSTRIAL MAIN AREA,KORAMANGALA,V BLOCK,BANGALORE
Branch
Kumara Park

IOBA0001193

45, X II BLOCK, KUMARA PARK WEST, BEHIND BDA, BANGALORE - 260020
Branch
Machahalli

IOBA0003265

NO 158 1 MACHAHALLI MAGADI MAIN RD DASANPURA HOBLI BANGALORE NORTH 560091 KARNATAKA
Branch
Madapatna

IOBA0003268

446 KHATHA NO 162 MADAPATNA VILLAGE JIGANI HOBLI ANEKAL POST BANGALORE 562106 KARNATAKA
Branch
Malleswaram

IOBA0000323

SITE 162, X MAIN ROAD, X V CROSS, OPP MES COLLEGE, MALLESWARAM WEST, BANGALORE - 560055
Branch
Nagarbhavi

IOBA0002632

4 RING ROAD II STAGE 11TH BLOCK PAPREDDYPALAYAM NAGARBHAVI BANGALORE 560072
Branch
Nagashettihalli

IOBA0002896

GROUND FLOOR,8TH CROSS,BALAJI LAYOUT,KODIGEHALLI MAIN ROAD,BANGALORE 560092
Branch
Peenya Industrial EState

IOBA0003746

D 436 10TH MAIN NEAR BHATTARA HOTEL PEENYA II STAGE BENGALURU 560058
Branch
R O Bangalore

IOBA0000800

POST NO 128 DOOR NO 10 BY 1,III FLOOR,LAXMINARAYAN COMPLEX,PALACE ROAD VASANT NAGAR,BANGALORE,560052
Branch
R T Ngr

IOBA0001537

402 III MAIN RD,2 ND BLOCK,R T NGR,BANGALORE
Branch
Rajarajeswari Nagar

IOBA0001610

363,HALAGEWADESRAHALLI V STAGE,RAJARAJESWARI NAGAR,B LORE
Branch
Residency Road

IOBA0000268

97 BY 1, GENERAL KARIAPPA ROAD , RESIDENCY ROAD, BANGALORE - 560025
Branch
SahakarNagar

IOBA0003742

553 GROUND FLOOR RMS LAYOUT F BLOCK SAHAKARNAGAR BENGALURU 560092
Branch
Shanti Nagar

IOBA0000136

NO 5, KENGAL HANUMANTHAIAH ROAD, SHANTI NAGAR, BANGALORE 560027
Branch
Shivan Chetty Gardens

IOBA0000665

30 A ST JOHNS RD,S C GARDENS BANGALORE
Branch
Somanahalli

IOBA0003197

NO2326 BY 518,GROUND FLOOR,NEAR SOMANAHALLI GATE,KANAKPURA ROAD,SOMANAHALLI 560082
Branch
Sunkadakatt

IOBA0002309

B9 JANAPRIYA SHOPPING COMPLEX NO 77 BY 78 BY B SUNKADAKATT E MAGADI MAIN ROAD,BANGALORE 560079
Branch
Thathaguni

IOBA0002634

PLOT NO 256 MAIN ROAD THATHAGUNI OF KANAKAPURA MAIN ROAD AGARA POST BANGALORE 560062
Branch
VidyaranyaPura

IOBA0002837

570,SRI SAI TOWERS,HMT LAYOUT 1ST BLOCK MAIN ROAD,VIDYARANYAPURA,BANGALORE 560097
Branch
Vignana Nagar

IOBA0001600

SIT NO 24,MALLESHPALYA EXT,VIGNANA NAGAR,B LORE
Branch
VijayaNagara

IOBA0002633

NO 70BY5 SUVAMA TOWERS NAGARBHAVI MAIN ROAD NEAR BDA COMPLEX VIJAYANAGARA BANGALORE 560040
Branch
Yelahanka

IOBA0001578

CA SITE,NO 26,YELAHANKA,YELAHANKA B LORE

What are Indian Overseas Bank IFSC Codes?

The Indian Financial System Code, commonly known as the IFSC code, is an alphanumeric code crucial for the electronic transfer of funds within the Indian banking system. This code helps in identifying specific bank branches, ensuring that electronic transactions like NEFT (National Electronic Funds Transfer), RTGS (Real-Time Gross Settlement), and IMPS (Immediate Payment Service) are conducted smoothly and accurately.

The IFSC code acts as a guide that directs money to the right bank branch, whether it is for a money transfer to a friend, payment of a bill, or business transactions.

How to Read the Structure of the Indian Overseas Bank IFSC Code

The IFSC code is an 11-character code consisting of three distinct elements:

  • First Four Characters: These letters indicate the name of the bank. For instance, the first four alphabets in the code represent the bank's name.
  • Fifth Character: This is always '0' (zero) and is reserved for potential future use in the system.
  • Last Six Characters: These can be either numeric or alphabetic and identify a specific branch of the bank.

Example: An IFSC code may appear as "BANK0123456." Here, "BANK" denotes the bank, and "0123456" identifies the specific branch. This unique combination ensures that each branch of every bank has a distinct identification number, allowing the precise identification of the account's location.

How to Locate an Indian Overseas Bank IFSC Code

Locating an IFSC code is relatively straightforward and can be done using any of the following methods:

  • Cheque Book: The cheque leaves issued by your bank carry the IFSC code, usually printed on the upper section of the leaf.
  • Bank Passbook: The IFSC code is typically found on the first page of the bank passbook provided at the time of opening the account.
  • Official Websites of Banks: Most banks provide a search tool on their websites that allows you to find their respective IFSC codes based on branch location or branch name.
  • Online Banking Portals: IFSC codes are provided in most online banking systems, enabling customers to find the code related to their bank branch.
  • Mobile Banking Apps: Many banking apps allow you to view branch details, including IFSC codes.
  • RBI Website: The Reserve Bank of India maintains an official list of all banks and their respective branch IFSC codes on its website.

Importance of IFSC Code in Fund Transfers

The IFSC code plays a significant role in secure and efficient fund transfers in the following ways:

  • NEFT (National Electronic Funds Transfer): The IFSC code ensures that funds are transferred accurately from one account in a bank to another account in a different bank in India.
  • RTGS (Real-Time Gross Settlement): The IFSC code ensures the safety and speed of high-value transactions where money needs to be transferred at once.
  • IMPS (Immediate Payment Service): An instant fund transfer service where the IFSC code directs funds to the correct branch instantly.
  • Error Prevention: Accurate use of the IFSC code minimizes the chances of funds being directed to the wrong account or branch, thereby reducing errors.

Benefits of Using IFSC Code

Here are the main benefits of IFSC codes you must know:

  • Increased Security: Using the correct IFSC code ensures the transaction reaches the correct branch of the bank, minimizing errors or misdirected funds.
  • Faster and More Efficient: IFSC codes streamline the fund transfer process, making it faster than traditional methods.
  • Universal Use: Since the IFSC code system is standardized across all banks in India, it can be used for transfers between any banks.

Procedure to Perform Indian Overseas Bank Fund Transfer Using IFSC Code

Fund transfer using an IFSC code is a simple yet vital process:

  • Log in Through Online Banking: Use your mobile banking app or Internet banking portal to log in to your bank.
  • Fund Transfer: Select the option for fund transfer, choosing between NEFT, RTGS, or IMPS.
  • Add Recipient Details: Enter the recipient's name, account number, bank name, and the IFSC code of their branch.
  • Validate Details: Verify the entered details to avoid errors. Incorrect bank and IFSC details can lead to the rejection of your fund transfer request.
  • Confirm Transfer: After confirmation, the money will be transferred. Depending on the mode of transfer, the amount may be transferred within a few seconds or minutes.

How to Open a Indian Overseas Bank Bank Account

Opening a bank account is a simple if you have the necessary documents and meet the eligibility criteria:

Eligibility Criteria

  • Any citizen over 18 years old is eligible to open a bank account.
  • In the case of minors, parents or guardians can open an account on their behalf.
  • Non-residents are also eligible, provided they fulfill certain conditions established by the banks.

Required Documents

  • Proof of Identity: Aadhaar Card, Passport, Voter ID, or any government-issued ID.
  • Proof of Address: Aadhaar Card, Passport, utility bills, or any valid document proving residence.
  • PAN Card: A PAN card is required for tax compliance.
  • Passport Size Photographs: Usually, two to three recent photographs are needed.
  • Form 16: In certain cases where a PAN card is not available, Form 16 may be considered.

Process to Open an Account

  • Visit a Bank: Visit a branch of your chosen bank, or apply online if the bank offers an online application service.
  • Fill Out the Form: Complete the account opening form with your personal information.
  • Submit Documents: Provide documents verifying your identity and address.
  • Initial Deposit: Make an initial deposit if required by the specific type of account.
  • Account Activation: Once your documents are verified, your account will be activated, and you will receive a passbook, checkbook, and debit card.
  • Register for Internet and Mobile Banking: Register for Internet and mobile banking services to facilitate easy transactions.

Loan EMI Calculator: Importance and Types

For anyone taking a loan, an EMI calculator is a vital and useful tool. Based on the loan amount, interest rate, and repayment period, it assists you in calculating the monthly repayment amount. You may better manage your money and make sure the loan doesn't put a burden on your resources by using an EMI calculator. It helps you steer clear of any unpleasant shocks later on by giving you a clear image of your financial commitment.

Loan Calculators

  • Loan Calculator VA: Specifically designed for VA loans, helping veterans calculate their mortgage payments.
  • Loan Calculator Vehicle: Assists in determining monthly payments for vehicle loans.
  • Loan Calculator 30 Year: Calculates monthly payments for a 30-year loan term.
  • Loan Calculator Yearly Payment: Provides an annual breakdown of loan payments.

EMI Calculators

  • EMI Calculator for Home Loan: Helps in calculating the Equated Monthly Installment (EMI) for home loans.
  • EMI Calculator Us: Tailored for users in the US to compute their home loan EMIs.
  • EMI Calculator on Home Loan: Another tool for calculating home loan EMIs, ensuring accurate monthly payment estimates.

Interest Calculators

  • Interest calculator yearly: Calculates the annual interest on loans or investments.

SIP Calculators

  • SIP Calculator India: Designed for Indian investors to calculate returns on Systematic Investment Plans (SIPs).
  • SIP Calculator Return: Estimates the returns on SIP investments.
  • SIP Calculator Mutual Fund: Calculates potential returns from mutual fund SIPs.
  • SIP Calculator Months: Provides monthly breakdowns of SIP investments.
  • SIP Calculator Online: An online tool for calculating SIP returns.
  • SIP Calculator Yearly: Offers yearly projections of SIP returns.

PPF Calculators

  • PPF Calculator India: Calculates returns on Public Provident Fund (PPF) investments in India.
  • PPF Generator: Generates detailed reports on PPF investments.
  • PPF Calculator 15 Years: Estimates returns over a 15-year period.
  • PPF Calculator 30 Years: Projects returns over a 30-year period.

Conclusion

An IFSC code is an essential component of the Indian banking system, ensuring the secure electronic transfer of funds. Whether you're doing a simple NEFT transfer or a high-value RTGS transaction, the IFSC code plays an indispensable role in smooth banking operations. Knowing how to find and use this code is crucial for anyone conducting electronic transactions in India.

Frequently Asked Questions (FAQs)

IFSC stands for Indian Financial System Code. It is an 11-character alphanumeric code used to identify a specific branch of a bank in India. It is required for electronic fund transfers like RTGS and NEFT.

The IFSC code is crucial for ensuring safe and error-free transfers from one bank to another. It helps route transactions through the correct bank branch.

You can find the IFSC code on your cheque book and passbook or on your bank's official website. The Reserve Bank of India also publishes a list of IFSC codes.

Yes, the IFSC code is required to complete electronic fund transfers like NEFT, RTGS, and IMPS. Without the IFSC code, the transfer cannot be completed.

In Internet banking, the IFSC code of the beneficiary's bank and branch ensures safe and accurate transfers.

No, each branch of a bank has a unique IFSC code, making it easier to identify the specific branch for transactions.

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