Indian Overseas Bank RAMAVARAPADU Branch IFSC Code

IOBA 0002942
Indian Overseas Bank Logo Indian Overseas Bank
RAMAVARAPADU — KRISHNA, ANDHRA PRADESH
MICR: 520020011 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
Indian Overseas Bank
Branch
RAMAVARAPADU
IFSC Code
IOBA0002942
MICR Code
520020011
Address
5 152 BY 1,SUBHAM KALYANA MANDAPAM,RAMAVARAPADU,VIJAYAWADA,KRISHNA DIST,PIN 521108
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City
KRISHNA
District
VIJAYAWADA
State
ANDHRA PRADESH
Contact
+914428584896

How to Use This IFSC Code

NEFT Transfer

Use IFSC code IOBA0002942 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 IOBA0002942.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code IOBA0002942.

IFSC Code Structure

I
O
B
A
0
0
0
2
9
4
2
  • IOBA — Bank code (Indian Overseas Bank)
  • 0 — Reserved (always 0)
  • 002942 — Branch code (RAMAVARAPADU)

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Frequently Asked Questions

Is IOBA0002942 valid for online transfer?
Yes, IOBA0002942 is a valid IFSC code for Indian Overseas Bank RAMAVARAPADU branch in KRISHNA, ANDHRA PRADESH. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does IOBA0002942 belong to?
IOBA0002942 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 RAMAVARAPADU is 520020011. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using IOBA0002942?
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.