If you are searching for the IFSC code of Indian Overseas Bank, CHIKKADPALLY branch in HYDERABAD, ANDHRA PRADESH, this page has every detail you need. The verified IFSC code for this branch is IOBA0000678. You can use it for NEFT, RTGS and IMPS fund transfers, online banking add-payee actions, UPI mandates and any other electronic payment request that asks for an Indian Financial System Code. The information on this page is curated specifically for customers, remitters, employers and businesses who need to credit funds to an account maintained at this branch, and it is structured so you can find what you need within a few seconds of landing here.
You will see the complete branch address, the area STD code and phone number, the city and state, the day-to-day banking services that are typically offered at the CHIKKADPALLY branch, and detailed step-by-step guides for using the IFSC IOBA0000678 across NEFT, RTGS and IMPS rails. A frequently-asked-questions section at the end answers the most common queries we receive about this particular branch.
An IFSC (Indian Financial System Code) is an 11-character alphanumeric code issued by the Reserve Bank of India. It uniquely identifies every bank branch that participates in the RBI's electronic fund-transfer systems – NEFT, RTGS and IMPS. The first four characters represent the bank, the fifth is always a zero (reserved for future use), and the last six characters identify the specific branch.
For Indian Overseas Bank's CHIKKADPALLY branch, the IFSC IOBA0000678 breaks down as follows: IOBA identifies the bank, 0 is the reserved character, and 000678 identifies this particular branch.
About the bank
Indian Overseas Bank serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Chikkadpally branch in Hyderabad, Andhra Pradesh is part of this network and uses the IFSC code IOBA0000678 for all electronic settlement.
Chikkadpally branch overview
Located at 1 1 256 BY 8A,STREET NO 3,CHIKKADAPALLY,HYDERABAD, the Chikkadpally branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC IOBA0000678 is required for all interbank electronic transfers routed through this branch.
Branch details at a glance
| Bank Name | Indian Overseas Bank |
|---|---|
| Branch | Chikkadpally |
| IFSC Code | IOBA0000678 |
| MICR Code | Refer to cheque leaf |
| Branch Address | 1 1 256 BY 8A,STREET NO 3,CHIKKADAPALLY,HYDERABAD |
| City | Hyderabad |
| District | Hyderabad |
| State | Andhra Pradesh |
| Phone | 23468817 |
Why every Indian Overseas Bank branch has a unique IFSC
Before electronic settlement systems went live in India, money transfers between banks relied heavily on demand drafts, mail transfers and telegraphic transfers. These older instruments routinely took days to clear and were prone to misrouting because there was no single machine-readable identifier for a branch. The Reserve Bank of India solved this by issuing each participating branch — including CHIKKADPALLY of Indian Overseas Bank — its own 11-character IFSC. The code IOBA0000678 is therefore not just an internal reference; it is the digital postcode that lets the RBI's NEFT, RTGS and IMPS rails route funds straight to the right branch ledger without any human intervention.
Today, almost every salary credit, vendor payment, refund and EMI deduction in the country flows through this network, which is exactly why a correct IFSC matters so much. A wrong character can either bounce the transfer or send it to the wrong branch, and reversing such a credit is a manual, time-consuming process. Treat IFSC IOBA0000678 the same way you would treat your account number — verify it once and save it carefully for future use.
MICR & cheque-truncation details
Cheques drawn on the Chikkadpally branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC IOBA0000678 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
How to transfer money using IFSC IOBA0000678
Online transfers in India are powered by three major channels — NEFT, RTGS and IMPS — and each one requires a destination IFSC. Below is a quick guide for using IFSC IOBA0000678 across all three.
NEFT to Indian Overseas Bank, CHIKKADPALLY using IFSC IOBA0000678
National Electronic Funds Transfer is the simplest way to move money into an account at this branch. NEFT works around the clock, including Sundays and public holidays, and settles in half-hourly batches.
To send funds, add the recipient as a beneficiary in your bank's online portal, key in the account number, paste the IFSC IOBA0000678, and confirm that the system picks up Indian Overseas Bank – CHIKKADPALLY. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
Real-Time Gross Settlement to CHIKKADPALLY
If you need to transfer ₹2 lakh or more in one go to an account at Indian Overseas Bank's CHIKKADPALLY branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC IOBA0000678 while initiating the transfer and the credit will appear within minutes.
IMPS to Indian Overseas Bank CHIKKADPALLY (IFSC IOBA0000678)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC IOBA0000678 in your mobile or internet banking app, and the money is credited to the CHIKKADPALLY branch account within seconds.
Comparing NEFT, RTGS and IMPS for transfers to Chikkadpally
The right transfer rail depends on how urgent the payment is, how large it is, and whether the receiving bank participates in the chosen scheme. Every option below works with the IFSC IOBA0000678:
- NEFT — best for everyday transfers of any amount; settles in half-hourly batches around the clock.
- RTGS — best for transfers of ₹2 lakh and above; settles each transaction individually in real time.
- IMPS — best when speed matters more than batch scheduling; instant credit up to ₹5 lakh.
- UPI — best for small peer-to-peer payments using a VPA; the underlying account at CHIKKADPALLY is still linked to IFSC IOBA0000678.
For salary credits, vendor payouts and refunds, employers and merchants usually default to NEFT because of its zero per-transaction cost for retail customers and its 24x7 availability.
How UPI relates to the IFSC code
UPI lets you pay using a short Virtual Payment Address instead of typing the IFSC every time, but behind the scenes every UPI mandate is mapped to an account number plus an IFSC. For accounts at Indian Overseas Bank's CHIKKADPALLY branch, the IFSC IOBA0000678 is what the National Payments Corporation of India (NPCI) uses to route the credit when you tap Pay on a UPI app.
That is why, even in the UPI era, it is still worth knowing the IFSC of your home branch — for failed UPI mandates, e-mandate set-ups, third-party platform onboarding and salary or refund credits.
Account types you can open at the Chikkadpally branch
Once you have an account at Indian Overseas Bank – CHIKKADPALLY, the IFSC IOBA0000678 stays the same regardless of the type of account you hold. The branch typically supports the following options:
- Savings account — for individuals, with chequebook, ATM card and net-banking access.
- Current account — for sole proprietors, partnerships and companies that need higher transaction volumes.
- Salary account — opened in bulk for corporate employees, often with zero-balance benefits.
- NRE / NRO accounts — for non-resident Indians who want to repatriate or maintain rupee balances in India.
- Fixed deposit and recurring deposit — term-based investment accounts with quarterly or cumulative interest.
- Senior citizen accounts — concessional minimum balance and a small interest rate premium on FDs.
- Minor and student accounts — operated jointly with a guardian until the customer turns 18.
Eligibility, minimum balance and KYC requirements vary by product. Speak to a relationship officer at the branch for the latest schedule of charges and interest rates.
Products and services
Customers walking into the Chikkadpally branch can access most of Indian Overseas Bank's standard product suite, including:
- Account opening – savings, current, NRI, salary
- Term deposits and recurring deposits
- Retail and small-business loans
- Insurance and mutual-fund tie-ups
- Locker, safe deposit and ATM card services
- Online and mobile banking activation
- Electronic transfers via IFSC IOBA0000678
Digital banking channels
Most day-to-day work that customers used to do at the Chikkadpally branch counter can now be completed digitally — adding a beneficiary, transferring funds, applying for a fixed deposit, raising a service request or downloading account statements. The IFSC IOBA0000678 is the link between the digital channel and the branch ledger; once a transaction is confirmed, the credit or debit is reflected in the same core banking system that the branch officers see.
Reaching the branch
The Chikkadpally branch sits at 1 1 256 BY 8A,STREET NO 3,CHIKKADAPALLY,HYDERABAD. If you are travelling from outside Hyderabad, search for the branch on a maps application using the bank name and locality, or call 23468817 to ask for landmarks. Many customers find it easier to skip the trip altogether: net banking, mobile apps, NEFT, RTGS, IMPS and UPI all work using the IFSC IOBA0000678 and your account number.
Common mistakes to avoid when using IFSC IOBA0000678
An incorrect IFSC almost always results in a failed transfer or, worse, a credit to the wrong branch. Before you click Confirm on a transfer to Indian Overseas Bank – CHIKKADPALLY, double-check for these issues:
- Confusing 0 with O. The fifth character of every IFSC is the digit
0, not the letter O. Read carefully. - Spaces or hyphens. Do not put spaces in the IFSC. It is exactly 11 characters:
IOBA0000678. - Wrong branch. A bank can have dozens of branches in the same city. Make sure you are using the IFSC for the actual branch where the beneficiary holds the account, not just any nearby branch.
- Old IFSC after a merger. If two banks have merged, the IFSC may have been reissued. Always verify with a recent passbook or cheque leaf.
- Copy-paste from chat. Auto-correct on phones can silently change letters in IFSC codes. Type carefully or copy from a trusted source like the cheque book.
Branch banking hours and holidays
Indian bank branches typically operate from 10:00 AM to 4:00 PM, Monday to Friday, and from 10:00 AM to 2:00 PM on working Saturdays (usually the 1st, 3rd and 5th Saturdays). The Chikkadpally branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC IOBA0000678, however, work 24x7.
Verifying IFSC IOBA0000678 from official sources
The IFSC listed on this page is sourced from the RBI's master list and validated against the bank's branch directory. To double-check before transferring large sums, you can also confirm IOBA0000678 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 23468817.
- Visiting the bank's official branch locator page.
Branch address & contact
Indian Overseas BankChikkadpally Branch
1 1 256 BY 8A,STREET NO 3,CHIKKADAPALLY,HYDERABAD
Hyderabad, Andhra Pradesh
Phone: 23468817
IFSC: IOBA0000678
Frequently asked questions
Where is Indian Overseas Bank Chikkadpally branch located?
Indian Overseas Bank's Chikkadpally branch is located at 1 1 256 BY 8A,STREET NO 3,CHIKKADAPALLY,HYDERABAD, Hyderabad, Andhra Pradesh.
What is the phone number of Indian Overseas Bank Chikkadpally branch?
You can reach the branch at 23468817 during regular banking hours.
What is the difference between IFSC and MICR code?
IFSC is an 11-character alphanumeric code used for online transfers, while MICR is a 9-digit numeric code printed on cheques and used by cheque-clearing machines. Both identify the Chikkadpally branch but serve different purposes.
Is IFSC IOBA0000678 valid for NEFT and RTGS?
Yes. IFSC IOBA0000678 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Is IFSC IOBA0000678 the same for all accounts at Chikkadpally branch?
Yes. The IFSC IOBA0000678 is shared by every account held at Indian Overseas Bank's Chikkadpally branch. Only the account number changes from customer to customer.
Does Indian Overseas Bank Chikkadpally branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 23468817 to confirm.
How do I add Indian Overseas Bank Chikkadpally as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC IOBA0000678, and complete OTP verification. Once activated, you can transfer funds at any time.
Summary
The IFSC code IOBA0000678 belongs to Indian Overseas Bank's CHIKKADPALLY branch, located at 1 1 256 BY 8A,STREET NO 3,CHIKKADAPALLY,HYDERABAD in HYDERABAD, ANDHRA PRADESH. Use this code along with the beneficiary's account number for any NEFT, RTGS or IMPS transfer to this branch. Bookmark this page for quick reference whenever you need the branch's banking details.
