Indian Overseas Bank MADHURAWADA VISAKHAPATNAM Branch IFSC Code

IOBA 0002196
Indian Overseas Bank Logo Indian Overseas Bank
MADHURAWADA VISAKHAPATNAM — VISHAKHAPATNAM, ANDHRA PRADESH
MICR: 530020009 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
Indian Overseas Bank
Branch
MADHURAWADA VISAKHAPATNAM
IFSC Code
IOBA0002196
MICR Code
530020009
Address
MIDHILAPURI VUDA COLONY,MADHURAWADA,VISAKHAPATNAM,PIN 530041,DIST VISHAKHAPATNAM
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City
VISHAKHAPATNAM
District
MADHURAVADA
State
ANDHRA PRADESH
Contact
2560055

How to Use This IFSC Code

NEFT Transfer

Use IFSC code IOBA0002196 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 IOBA0002196.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code IOBA0002196.

IFSC Code Structure

I
O
B
A
0
0
0
2
1
9
6
  • IOBA — Bank code (Indian Overseas Bank)
  • 0 — Reserved (always 0)
  • 002196 — Branch code (MADHURAWADA VISAKHAPATNAM)

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Frequently Asked Questions

Is IOBA0002196 valid for online transfer?
Yes, IOBA0002196 is a valid IFSC code for Indian Overseas Bank MADHURAWADA VISAKHAPATNAM branch in VISHAKHAPATNAM, ANDHRA PRADESH. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does IOBA0002196 belong to?
IOBA0002196 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 MADHURAWADA VISAKHAPATNAM is 530020009. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using IOBA0002196?
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.