INDIAN OVERSEAS BANK IFSC Code – MAKAVARAPALEM, NARSIPATNAM
Complete bank details including IFSC code, MICR code, address and payment facilities for MAKAVARAPALEM branch.
Bank Details
| Bank Name | INDIAN OVERSEAS BANK |
| Branch Name | MAKAVARAPALEM |
| IFSC Code | IOBA0002603 |
| MICR Code | NA |
| Address | NO 235BY5 RAMARAOPETA MAKAVARAPALEM VISAKAPATNAM 531113 |
| City | NARSIPATNAM |
| District | VISHAKHAPATNAM |
| State | ANDHRA PRADESH |
| Contact | 28584896 |
Payment Facilities
About IFSC Code IOBA0002603
The IFSC code IOBA0002603 uniquely identifies the MAKAVARAPALEM branch of INDIAN OVERSEAS BANK located in NARSIPATNAM, 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 IOBA0002603
- 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 (002603) – Unique branch identifier for MAKAVARAPALEM
How to Use IFSC Code IOBA0002603
To transfer money to any account at INDIAN OVERSEAS BANK MAKAVARAPALEM branch, you will need to provide the IFSC code IOBA0002603 along with the beneficiary's account number. This code ensures your money reaches the correct branch securely.
Transfer Methods Available at MAKAVARAPALEM
- 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 MAKAVARAPALEM Branch
INDIAN OVERSEAS BANK MAKAVARAPALEM is a branch of INDIAN OVERSEAS BANK located in NARSIPATNAM, ANDHRA PRADESH. The branch provides comprehensive banking services to customers in NARSIPATNAM and surrounding areas.
Branch Address
NO 235BY5 RAMARAOPETA MAKAVARAPALEM VISAKAPATNAM 531113, NARSIPATNAM, 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).
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 MAKAVARAPALEM?
The IFSC code of INDIAN OVERSEAS BANK MAKAVARAPALEM branch in NARSIPATNAM is IOBA0002603.
What is the MICR code of INDIAN OVERSEAS BANK MAKAVARAPALEM?
The MICR code of INDIAN OVERSEAS BANK MAKAVARAPALEM branch is NA.
What is the address of INDIAN OVERSEAS BANK MAKAVARAPALEM?
INDIAN OVERSEAS BANK MAKAVARAPALEM branch is located at NO 235BY5 RAMARAOPETA MAKAVARAPALEM VISAKAPATNAM 531113.
Does INDIAN OVERSEAS BANK MAKAVARAPALEM support NEFT/RTGS/IMPS?
INDIAN OVERSEAS BANK MAKAVARAPALEM branch supports NEFT, RTGS, IMPS, and UPI transactions.