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Indian Overseas Bank

HEBBUR BRANCH

+91958162241499

IFSC CODE
IOBA0000317
MICR Code 572020512
Branch Code 000317
City / District HEBBUR
State KARNATAKA
Office Address 644 BY 4 MAIN ROAD HEBBUR PIN 572120
Phone +91958162241499
📍 View Branch on Google Maps

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Understanding IFSC Code: The Digital DNA of Indian Overseas Bank

When performing any digital transaction in India, the Indian Financial System Code (IFSC) acts as a critical identifier. For the HEBBUR branch of Indian Overseas Bank, the code IOBA0000317 ensures that your funds are routed through the Reserve Bank of India's (RBI) structured network without manual errors. In an era of instant payments, having the correct IFSC is as important as the account number itself.

Anatomy of the IOBA0000317 Code

An IFSC is an 11-character alphanumeric code. Let's break down the logic behind the code for this specific branch:

First 4

Bank Identity

"IOBA" represents Indian Overseas Bank

5th Digit

Control Character

Always '0' (Reserved for future use)

Last 6

Branch Locator

Unique code for HEBBUR

Payment Systems Supported by IOBA0000317

System Transfer Limit Processing Time
NEFT No Minimum (Up to ₹50 Lakhs+) Half-hourly batches (24x7)
RTGS Minimum ₹2 Lakhs Real-time settlement
IMPS Up to ₹5 Lakhs Instant (Mobile/P2P)

Why do you need the MICR Code?

While IFSC is for digital transfers, the Magnetic Ink Character Recognition (MICR) code—572020512—is primarily used for the processing and clearance of physical cheques. This 9-digit code helps in identifying the bank and branch during the Cheque Truncation System (CTS) cycle, making clearing faster and error-free.

Bank Holidays & Availability

The Indian Overseas Bank in HEBBUR typically follows the RBI holiday calendar. Digital transfers via IOBA0000317 for NEFT/RTGS are now available 365 days a year, regardless of physical branch timings or Sunday closures.

Security Warning & Verification

Always verify the branch details before making a large payment. While IOBA0000317 is the valid code for HEBBUR at HEBBUR, ensure the beneficiary name matches perfectly in your mobile banking app.

RBI Verified NEFT Enabled RTGS 24x7

Bank Search Indexing & Metadata

Related Searches

  • • Indian Overseas Bank Branch List
  • • HEBBUR IFSC Codes
  • • Swift Code for Indian Overseas Bank
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Financial Tools

  • • GST Calculator Online
  • • Personal Loan EMI Calc
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Branch Context

  • • HEBBUR Contact
  • • Address of Indian Overseas Bank
  • • MICR Code Finder
  • • KARNATAKA Banking Circle

Platform Links

  • • Anand Design DevBox
  • • SEO Performance Hub
  • • Webmaster Tools
  • • IFSC Finder v2.0

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