Indian Overseas Bank PALAKOLLU Branch IFSC Code
IOBA 0002602
Indian Overseas Bank PALAKOLLU — WEST GODAVARI, ANDHRA PRADESH
MICR: 534020302
RTGS: ✓
NEFT: ✓
IMPS: ✓
UPI: ✓
Branch Details
- Bank
- Indian Overseas Bank
- Branch
- PALAKOLLU
- IFSC Code
- IOBA0002602
- MICR Code
- 534020302
- City
- WEST GODAVARI
- District
- PALAKOL
- State
- ANDHRA PRADESH
- Contact
- +914428584896
How to Use This IFSC Code
NEFT Transfer
Use IFSC code IOBA0002602 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 IOBA0002602.
IMPS Transfer
IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code IOBA0002602.
IFSC Code Structure
I
O
B
A
0
0
0
2
6
0
2
- IOBA — Bank code (Indian Overseas Bank)
- 0 — Reserved (always 0)
- 002602 — Branch code (PALAKOLLU)
Nearby Indian Overseas Bank Branches in WEST GODAVARI
ELURU
IOBA0000122
220 10 1B, BADETIWARI STREET, ELURU
MICR: 534020002 RTGS ✓ NEFT ✓ IMPS ✓
SAMISRAGUDEM
IOBA0000642
MUNSIF VARIVEEDHI, SAMISRAGUDEM,NIDDAVOLU MANDAL, SAMISRAGUDEM 534302
MICR: 534020602 RTGS ✓ NEFT ✓ IMPS ✓
PEDANINRAKOLANU
IOBA0000863
NIDAMARRU MANDAL PEDANINRAKOLANU PIN 534195
MICR: 534020642 RTGS ✓ NEFT ✓ IMPS ✓
KHAMBAMVARIPALLI
IOBA0000976
VIA G KOTHAPALLE KHAMBHAMVARIPALLI PIN 517213
RTGS ✓ NEFT ✓ IMPS ✓
BHIMAVARAM
IOBA0001091
2 1 39 FIRST FLOOR, JUVVALAPALEM ROAD, SIVARAOPET, BHIMAVARAM PIN 534202
MICR: 534020402 RTGS ✓ NEFT ✓ IMPS ✓
Frequently Asked Questions
Is IOBA0002602 valid for online transfer?
Yes, IOBA0002602 is a valid IFSC code for Indian Overseas Bank PALAKOLLU branch in WEST GODAVARI, ANDHRA PRADESH. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does IOBA0002602 belong to?
IOBA0002602 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 PALAKOLLU is 534020302. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using IOBA0002602?
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.