Indian Overseas Bank NAKKAPALLE Branch IFSC Code

IOBA 0000294
Indian Overseas Bank Logo Indian Overseas Bank
NAKKAPALLE — VISHAKHAPATNAM, ANDHRA PRADESH
MICR: 530020524 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
Indian Overseas Bank
Branch
NAKKAPALLE
IFSC Code
IOBA0000294
MICR Code
530020524
Address
3 96 2GRAND TRUNK ROADNAKKAPALLE PIN531081
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City
VISHAKHAPATNAM
District
NAKKAPALLE
State
ANDHRA PRADESH
Contact
+918931227474

How to Use This IFSC Code

NEFT Transfer

Use IFSC code IOBA0000294 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 IOBA0000294.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code IOBA0000294.

IFSC Code Structure

I
O
B
A
0
0
0
0
2
9
4
  • IOBA — Bank code (Indian Overseas Bank)
  • 0 — Reserved (always 0)
  • 000294 — Branch code (NAKKAPALLE)

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Frequently Asked Questions

Is IOBA0000294 valid for online transfer?
Yes, IOBA0000294 is a valid IFSC code for Indian Overseas Bank NAKKAPALLE branch in VISHAKHAPATNAM, ANDHRA PRADESH. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does IOBA0000294 belong to?
IOBA0000294 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 NAKKAPALLE is 530020524. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using IOBA0000294?
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.