IFSC Code of Indian Overseas Bank, ABIDS, HYDERABAD

IOBA0001616

BankIndian Overseas Bank
IFSC CodeIOBA0001616
Branch Code001616 (last six characters of IFSC)
BranchABIDS
City / DistrictHYDERABAD
StateANDHRA PRADESH

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Indian Overseas Bank ABIDS IFSC Code

The ABIDS branch of Indian Overseas Bank located in HYDERABAD, ANDHRA PRADESH is identified by the IFSC code IOBA0001616. This 11-character code is issued by the Reserve Bank of India (RBI) and is required for electronic fund transfers such as NEFT, RTGS, IMPS and UPI.

How to transfer money using IOBA0001616

  1. Log in to your bank’s net banking or mobile banking app.
  2. Choose the NEFT, RTGS or IMPS transfer option.
  3. Add the beneficiary with account number and branch name.
  4. Enter IFSC code IOBA0001616 to identify the ABIDS branch.
  5. Enter the amount and confirm the transaction.

Difference between IFSC and MICR

AspectIFSC
Full formIndian Financial System Code
PurposeOnline money transfer (NEFT / RTGS / IMPS)
Format11-character alphanumeric
Issued byReserve Bank of India (RBI)

Frequently asked questions

What is the IFSC code of Indian Overseas Bank, ABIDS?
The IFSC code is IOBA0001616.

What is the branch code?
The branch code is 001616, the last six characters of the IFSC code.