Indian Overseas Bank — SHIKARIPURA Branch

GULBARGA, KARNATAKA

IFSC Code IOBA0002559
MICR Code 577020152

Available Services

IMPS RTGS NEFT UPI

Branch Details

Bank Name Indian Overseas Bank
Branch Name SHIKARIPURA
IFSC Code IOBA0002559
MICR Code 577020152
SWIFT Code N/A
Address TALUK OFFICE ROAD,MANGALORE,SHIKARIPURA 577427,KARNATAKA
City GULBARGA
District SAGAR
State KARNATAKA
Contact Number +914428584896

How to Use IOBA0002559 for Money Transfers

The IFSC code IOBA0002559 is specifically assigned to the SHIKARIPURA branch of Indian Overseas Bank located in GULBARGA, KARNATAKA. This unique code is mandatory for routing electronic payments correctly within India.

NEFT Transfer

Use IOBA0002559 when adding this branch as a beneficiary in NEFT transactions. NEFT operates in half-hourly batches from 12:30 AM to 12:00 AM on all days. Enter the IFSC, account number, and account holder name carefully to ensure successful transfer.

RTGS Transfer

For high-value transactions above ₹2 lakh, RTGS offers real-time gross settlement. Use IOBA0002559 along with the beneficiary's exact account number. RTGS is available on working days from 7:00 AM to 6:00 PM.

IMPS & UPI

IMPS and UPI allow instant 24×7 transfers. While UPI apps often auto-resolve the IFSC from the VPA, mobile banking apps require IOBA0002559 when registering a new beneficiary.

Always double-check the account number before confirming any transfer — the IFSC routes funds to the correct branch, but the account number specifies the exact recipient.

⚠ Important Reminder Always verify the beneficiary account number and name before initiating a transfer. An incorrect account number may result in failed or misdirected transactions.

About Indian Overseas Bank SHIKARIPURA Branch

The SHIKARIPURA branch of Indian Overseas Bank is situated in GULBARGA, KARNATAKA. The branch address is TALUK OFFICE ROAD,MANGALORE,SHIKARIPURA 577427,KARNATAKA. This branch supports electronic payment services including NEFT, RTGS, IMPS, and UPI. You can contact this branch at +914428584896. Always use the IFSC code IOBA0002559 when making any online fund transfer to an account held at this branch.

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