Indian Overseas Bank KOMPALLY Branch IFSC Code

IOBA 0002355
Indian Overseas Bank Logo Indian Overseas Bank
KOMPALLY — NALGONDA, ANDHRA PRADESH
MICR: 500020042 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
Indian Overseas Bank
Branch
KOMPALLY
IFSC Code
IOBA0002355
MICR Code
500020042
Address
S NO 88,GROUND FLOOR,NH 7,PET BSHEERABAGH,KOMPALLY SECUNDERABAD,ANDHRA PRADESH,500055
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City
NALGONDA
District
KOMPALLY
State
ANDHRA PRADESH
Contact
27940277

How to Use This IFSC Code

NEFT Transfer

Use IFSC code IOBA0002355 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 IOBA0002355.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code IOBA0002355.

IFSC Code Structure

I
O
B
A
0
0
0
2
3
5
5
  • IOBA — Bank code (Indian Overseas Bank)
  • 0 — Reserved (always 0)
  • 002355 — Branch code (KOMPALLY)

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Frequently Asked Questions

Is IOBA0002355 valid for online transfer?
Yes, IOBA0002355 is a valid IFSC code for Indian Overseas Bank KOMPALLY branch in NALGONDA, ANDHRA PRADESH. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does IOBA0002355 belong to?
IOBA0002355 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 KOMPALLY is 500020042. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using IOBA0002355?
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.