Indian Overseas Bank ELURU Branch IFSC Code

IOBA 0000122
Indian Overseas Bank Logo Indian Overseas Bank
ELURU — WEST GODAVARI, ANDHRA PRADESH
MICR: 534020002 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
Indian Overseas Bank
Branch
ELURU
IFSC Code
IOBA0000122
MICR Code
534020002
Address
220 10 1B, BADETIWARI STREET, ELURU
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City
WEST GODAVARI
District
ELURU
State
ANDHRA PRADESH
Contact
+918812252075

How to Use This IFSC Code

NEFT Transfer

Use IFSC code IOBA0000122 to send money via NEFT to this branch. NEFT transfers are processed in hourly batches during working hours. No minimum amount required.

RTGS Transfer

This branch supports RTGS for high-value instant transfers above ₹2 lakhs. Use the same IFSC code IOBA0000122.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code IOBA0000122.

IFSC Code Structure

I
O
B
A
0
0
0
0
1
2
2
  • IOBA — Bank code (Indian Overseas Bank)
  • 0 — Reserved (always 0)
  • 000122 — Branch code (ELURU)

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Frequently Asked Questions

Is IOBA0000122 valid for online transfer?
Yes, IOBA0000122 is a valid IFSC code for Indian Overseas Bank ELURU branch in WEST GODAVARI, ANDHRA PRADESH. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does IOBA0000122 belong to?
IOBA0000122 belongs to Indian Overseas Bank. The first 4 characters "IOBA" identify the bank.
What is the MICR code for this branch?
The MICR code for Indian Overseas Bank ELURU is 534020002. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using IOBA0000122?
Yes, this branch supports RTGS (Real Time Gross Settlement). RTGS is used for high-value instant transfers above ₹2 lakhs. Available on working days during RBI specified hours.