Indian Overseas Bank PAYAKARAOPETA Branch IFSC Code
IOBA 0002312
Indian Overseas Bank PAYAKARAOPETA — VISHAKHAPATNAM, ANDHRA PRADESH
MICR: 533020202
RTGS: ✓
NEFT: ✓
IMPS: ✓
UPI: ✓
Branch Details
- Bank
- Indian Overseas Bank
- Branch
- PAYAKARAOPETA
- IFSC Code
- IOBA0002312
- MICR Code
- 533020202
- City
- VISHAKHAPATNAM
- District
- PAYAKARAOPET
- State
- ANDHRA PRADESH
- Contact
- 252294
How to Use This IFSC Code
NEFT Transfer
Use IFSC code IOBA0002312 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 IOBA0002312.
IMPS Transfer
IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code IOBA0002312.
IFSC Code Structure
I
O
B
A
0
0
0
2
3
1
2
- IOBA — Bank code (Indian Overseas Bank)
- 0 — Reserved (always 0)
- 002312 — Branch code (PAYAKARAOPETA)
Nearby Indian Overseas Bank Branches in VISHAKHAPATNAM
VISAKHAPATNAM
IOBA0000121
47-15-12, STATION ROAD, DWARAKA NAGAR, VISAKHAPATNAM - 530016
MICR: 530020001 RTGS ✓ NEFT ✓ IMPS ✓
NAKKAPALLE
IOBA0000294
3 96 2GRAND TRUNK ROADNAKKAPALLE PIN531081
MICR: 530020524 RTGS ✓ NEFT ✓ IMPS ✓
VADDADI
IOBA0000371
2 212 GVR COMPLEX, CHODAVARAM ROAD BUTCHIAHPETA,VADDADI 531026
MICR: 530020525 RTGS ✓ NEFT ✓ IMPS ✓
ANANTHAVARAM
IOBA0000726
MAIN ROAD ANANTHAVARAM MIMMIDIVARAM MANDAL PIN 533222
MICR: 533020642 RTGS ✓ NEFT ✓ IMPS ✓
RAMPURAM
IOBA0000870
RAMPURAM VIA PENDURTHI PENDURTHI MANDAL, RAMPURAM PIN 531173
MICR: 530020542 RTGS ✓ NEFT ✓ IMPS ✓
Frequently Asked Questions
Is IOBA0002312 valid for online transfer?
Yes, IOBA0002312 is a valid IFSC code for Indian Overseas Bank PAYAKARAOPETA branch in VISHAKHAPATNAM, ANDHRA PRADESH. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does IOBA0002312 belong to?
IOBA0002312 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 PAYAKARAOPETA is 533020202. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using IOBA0002312?
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.