INDIAN OVERSEAS BANK IFSC Code – PAYAKARAOPETA, PAYAKARAOPET
Complete bank details including IFSC code, MICR code, address and payment facilities for PAYAKARAOPETA branch.
Bank Details
| Bank Name | INDIAN OVERSEAS BANK |
| Branch Name | PAYAKARAOPETA |
| IFSC Code | IOBA0002312 |
| MICR Code | 533020202 |
| Address | DOOR NO 13 5 6,MAIN ROAD,OPP CHITRAM,PAYAKARAOPETA 531126 |
| City | PAYAKARAOPET |
| District | VISHAKHAPATNAM |
| State | ANDHRA PRADESH |
| Contact | 252294 |
Payment Facilities
About IFSC Code IOBA0002312
The IFSC code IOBA0002312 uniquely identifies the PAYAKARAOPETA branch of INDIAN OVERSEAS BANK located in PAYAKARAOPET, 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 IOBA0002312
- 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 (002312) – Unique branch identifier for PAYAKARAOPETA
How to Use IFSC Code IOBA0002312
To transfer money to any account at INDIAN OVERSEAS BANK PAYAKARAOPETA branch, you will need to provide the IFSC code IOBA0002312 along with the beneficiary's account number. This code ensures your money reaches the correct branch securely.
Transfer Methods Available at PAYAKARAOPETA
- 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 PAYAKARAOPETA Branch
INDIAN OVERSEAS BANK PAYAKARAOPETA is a branch of INDIAN OVERSEAS BANK located in PAYAKARAOPET, ANDHRA PRADESH. The branch provides comprehensive banking services to customers in PAYAKARAOPET and surrounding areas.
Branch Address
DOOR NO 13 5 6,MAIN ROAD,OPP CHITRAM,PAYAKARAOPETA 531126, PAYAKARAOPET, 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 533020202. 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 PAYAKARAOPETA?
The IFSC code of INDIAN OVERSEAS BANK PAYAKARAOPETA branch in PAYAKARAOPET is IOBA0002312.
What is the MICR code of INDIAN OVERSEAS BANK PAYAKARAOPETA?
The MICR code of INDIAN OVERSEAS BANK PAYAKARAOPETA branch is 533020202.
What is the address of INDIAN OVERSEAS BANK PAYAKARAOPETA?
INDIAN OVERSEAS BANK PAYAKARAOPETA branch is located at DOOR NO 13 5 6,MAIN ROAD,OPP CHITRAM,PAYAKARAOPETA 531126.
Does INDIAN OVERSEAS BANK PAYAKARAOPETA support NEFT/RTGS/IMPS?
INDIAN OVERSEAS BANK PAYAKARAOPETA branch supports NEFT, RTGS, IMPS, and UPI transactions.