INDIAN OVERSEAS BANK IFSC Code – NAKKAPALLE, NAKKAPALLE
Complete bank details including IFSC code, MICR code, address and payment facilities for NAKKAPALLE branch.
Bank Details
| Bank Name | INDIAN OVERSEAS BANK |
| Branch Name | NAKKAPALLE |
| IFSC Code | IOBA0000294 |
| MICR Code | 530020524 |
| Address | 3 96 2GRAND TRUNK ROADNAKKAPALLE PIN531081 |
| City | NAKKAPALLE |
| District | VISHAKHAPATNAM |
| State | ANDHRA PRADESH |
| Contact | 227474 |
Payment Facilities
About IFSC Code IOBA0000294
The IFSC code IOBA0000294 uniquely identifies the NAKKAPALLE branch of INDIAN OVERSEAS BANK located in NAKKAPALLE, ANDHRA PRADESH. This 11-character alphanumeric code is essential for all electronic fund transfers in India including NEFT, RTGS, IMPS, and UPI transactions.
Understanding IFSC Code IOBA0000294
- First 4 characters (IOBA) – Represents INDIAN OVERSEAS BANK bank code assigned by RBI
- 5th character (0) – Reserved for future use (always 0)
- Last 6 characters (000294) – Unique branch identifier for NAKKAPALLE
How to Use IFSC Code IOBA0000294
To transfer money to any account at INDIAN OVERSEAS BANK NAKKAPALLE branch, you will need to provide the IFSC code IOBA0000294 along with the beneficiary's account number. This code ensures your money reaches the correct branch securely.
Transfer Methods Available at NAKKAPALLE
- NEFT (National Electronic Funds Transfer) – Settled in batches, available 24x7 on all days
- RTGS (Real Time Gross Settlement) – For high-value transactions (₹2 lakh and above), real-time transfer
- IMPS (Immediate Payment Service) – Instant transfer up to ₹5 lakh, available 24x7
- UPI (Unified Payments Interface) – Instant mobile payments using VPA/UPI ID
About INDIAN OVERSEAS BANK NAKKAPALLE Branch
INDIAN OVERSEAS BANK NAKKAPALLE is a branch of INDIAN OVERSEAS BANK located in NAKKAPALLE, ANDHRA PRADESH. The branch provides comprehensive banking services to customers in NAKKAPALLE and surrounding areas.
Branch Address
3 96 2GRAND TRUNK ROADNAKKAPALLE PIN531081, NAKKAPALLE, ANDHRA PRADESH
Services Available
This branch offers various banking services including savings accounts, current accounts, fixed deposits, recurring deposits, loans, locker facilities, and digital banking services. Customers can also avail services like demand drafts, pay orders, and foreign exchange (subject to branch authorization).
MICR Code Information
The MICR (Magnetic Ink Character Recognition) code for this branch is 530020524. MICR code is a 9-digit code used for cheque clearing and identifies the bank, branch, and city. It is printed on cheques using magnetic ink for machine reading.
Important Information
Transfer Timings
- NEFT: 24x7, 365 days (Settled in half-hourly batches)
- RTGS: 24x7, 365 days (Real-time for ₹2L+)
- IMPS: 24x7, 365 days (Instant)
- UPI: 24x7, 365 days (Instant)
Verification Tips
- Always verify IFSC code before transferring money
- Cross-check with bank passbook or cheque book
- IFSC codes may change after bank mergers
- Contact branch for latest information
Frequently Asked Questions
What is the IFSC code of INDIAN OVERSEAS BANK NAKKAPALLE?
The IFSC code of INDIAN OVERSEAS BANK NAKKAPALLE branch in NAKKAPALLE is IOBA0000294.
What is the MICR code of INDIAN OVERSEAS BANK NAKKAPALLE?
The MICR code of INDIAN OVERSEAS BANK NAKKAPALLE branch is 530020524.
What is the address of INDIAN OVERSEAS BANK NAKKAPALLE?
INDIAN OVERSEAS BANK NAKKAPALLE branch is located at 3 96 2GRAND TRUNK ROADNAKKAPALLE PIN531081.
Does INDIAN OVERSEAS BANK NAKKAPALLE support NEFT/RTGS/IMPS?
INDIAN OVERSEAS BANK NAKKAPALLE branch supports NEFT, RTGS, IMPS, and UPI transactions.