IOBA0002401 IFSC Code, INDIAN OVERSEAS BANK, SAMATHA NAGAR ONGOLE

IFSC Code of Indian Overseas Bank, Samatha Nagar Ongole, Andhra Pradesh IFSC CODE & MICR CODE

INDIAN OVERSEAS BANK, SAMATHA NAGAR ONGOLE - IOBA0002401

  • Bank name: INDIAN OVERSEAS BANK

Bank Address: Plot No 160 By 1 Beside St Xaviers School Kurnool Road Ongole,prakasam District Pincode 523002 A P

  • IFSC Code ioba0002401
  • Bank Code IOBA
  • Bank name INDIAN OVERSEAS BANK
  • Bank contact number 282278
  • Bank branch SAMATHA NAGAR ONGOLE
  • Bank ISO3166 Code IN-AP
  • Bank Center PRAKASAM
  • MICR Code MICR not provided
  • State name ANDHRA PRADESH
  • District name PRAKASAM
  • City name ONGOLE
  • 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, SAMATHA NAGAR ONGOLE branch is IOBA0002401, ensures that your transactions are directed to the correct branch.

How to Use IOBA0002401 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 SAMATHA NAGAR ONGOLE 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.