Indian Overseas Bank, ASSET RECOVERY MANAGEMENT BANGALORE, BANGALORE RURAL Branch IFSC Code

The IFSC code IOBA0002666 is assigned to Indian Overseas Bank, ASSET RECOVERY MANAGEMENT BANGALORE located in BANGALORE RURAL, KARNATAKA. This code is required for electronic fund transfers like NEFT, RTGS, and IMPS transactions.

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Bank Details

Bank Name Indian Overseas Bank
IFSC Code IOBA0002666
Branch Code 002666
Branch ASSET RECOVERY MANAGEMENT BANGALORE
City BANGALORE RURAL
District VASANTANAGAR
State KARNATAKA
Address 10 1 III FLOOR PALACE ROAD VASANTHNAGAR BANGALORE 560052 Maps
Contact +918022950210

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Understanding IFSC and MICR Codes

What is IFSC Code?

IFSC (Indian Financial System Code) is an 11-character alphanumeric code used to identify bank branches in India. It is essential for electronic fund transfers through NEFT, RTGS, and IMPS systems.

IOBA Bank Code
0 Reserved (0)
002666 Branch Code

What is MICR Code?

MICR (Magnetic Ink Character Recognition) is a 9-digit code printed on cheques. It helps in faster processing of cheques through automated reading.

When to Use These Codes?

  • NEFT Transfer: Use IFSC code for National Electronic Funds Transfer (available 24x7)
  • RTGS Transfer: Use IFSC code for Real Time Gross Settlement (for amounts ≥ ₹2 lakhs)
  • IMPS Transfer: Use IFSC code for Immediate Payment Service (instant transfers)
  • Cheque Processing: MICR code is printed on cheques for automated clearing

Frequently Asked Questions

IFSC Code IOBA0002666 is the Indian Financial System Code assigned to Indian Overseas Bank, ASSET RECOVERY MANAGEMENT BANGALORE branch in BANGALORE RURAL, KARNATAKA. This 11-character code uniquely identifies this bank branch in India's electronic payment systems.

This branch is located in BANGALORE RURAL, VASANTANAGAR, KARNATAKA. The full address is: 10 1 III FLOOR PALACE ROAD VASANTHNAGAR BANGALORE 560052

The branch code is 002666. This is the last 6 characters of the IFSC code that uniquely identifies this specific branch of Indian Overseas Bank.

This branch supports the following electronic fund transfer services:

  • NEFT - Available
  • RTGS - Available
  • IMPS - Available
  • UPI - Available

To use this IFSC code for fund transfers:

  1. Log in to your bank's internet banking or mobile app
  2. Navigate to fund transfer section (NEFT/RTGS/IMPS)
  3. Enter the beneficiary's account number
  4. Enter IFSC Code: IOBA0002666
  5. Verify the bank and branch details auto-populated
  6. Complete the transfer
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