IOBA0001122 IFSC Code, INDIAN OVERSEAS BANK, MADALA


IFSC Code of Indian Overseas Bank, Madala, Andhra Pradesh IFSC CODE & MICR CODE

INDIAN OVERSEAS BANK, MADALA - IOBA0001122

  • Bank name: INDIAN OVERSEAS BANK

Bank Address: 5159 Madala Muppalla Mandal Madala Pin 522403

  • IFSC Code ioba0001122
  • Bank Code IOBA
  • Bank name INDIAN OVERSEAS BANK
  • Bank contact number +918641280002
  • Bank branch MADALA
  • Bank ISO3166 Code IN-AP
  • Bank Center GUNTUR
  • MICR Code MICR not provided
  • State name ANDHRA PRADESH
  • District name GUNTUR
  • City name MADALA
  • Swift Swift not provided
  • IMPS No
  • NEFT No
  • UPI No
  • RTGS No

What is an IFSC Code?

The Indian Financial System Code (IFSC) is an 11-character alphanumeric code used to uniquely identify a bank branch for online fund transfers. The IFSC code for INDIAN OVERSEAS BANK, MADALA branch is IOBA0001122, ensures that your transactions are directed to the correct branch.

How to Use IOBA0001122 for Transactions?

  • NEFT: Use the IFSC code to transfer funds quickly to accounts in other banks.
  • RTGS: For high-value transactions, the IFSC code ensures your payment is processed instantly.
  • IMPS: The IFSC code allows 24/7 fund transfers, including weekends and holidays.

What is a MICR Code?

The Magnetic Ink Character Recognition (MICR) code is a 9-digit code used for processing paper-based transactions, such as cheques. For the MADALA branch, this code complements the IFSC code for efficient banking operations.

Benefits of Using the Correct IFSC Code

  • Accuracy: Ensures your funds are directed to the right branch.
  • Security: Prevents fraudulent transactions by uniquely identifying each branch.