Indian Overseas Bank, Palakollu branch

West Godavari, Palakol district, Andhra Pradesh

IFSC code
IOBA0002602
MICR code
534020302
Branch code
002602

Branch details

BankIndian Overseas Bank
BranchPalakollu
IFSC codeIOBA0002602
MICR code534020302
AddressS6 KANURI SHOPPING COMPLEX MG ROAD PALAKOLLU WEST GODAVARI DIST 534260 (map)
PIN code534260
CityWest Godavari
DistrictPalakol
StateAndhra Pradesh
Phone+914428584896
NEFTYes
RTGSYes
IMPSYes
UPIYes

How to use IFSC IOBA0002602

To send money to an account at the Indian Overseas Bank Palakollu branch, add the beneficiary in your net banking or banking app with their account number, name and the IFSC code IOBA0002602, then pay by NEFT, RTGS or IMPS.

  • NEFT — any amount, settled in half-hourly batches, available 24×7.
  • RTGS — for ₹2 lakh and above, settled instantly.
  • IMPS — instant transfer up to ₹5 lakh, available 24×7.

In IOBA0002602, IOBA identifies Indian Overseas Bank, the 5th character is always 0, and 002602 identifies this branch. The MICR code 534020302 is printed at the bottom of cheques issued by the branch.

Frequently asked questions

What is the IFSC code of Indian Overseas Bank Palakollu branch?

The IFSC code of Indian Overseas Bank, Palakollu branch (Palakol, Andhra Pradesh) is IOBA0002602.

What is the MICR code of Indian Overseas Bank Palakollu?

The MICR code of this branch is 534020302.

Does Indian Overseas Bank Palakollu support RTGS and IMPS?

RTGS: yes. IMPS: yes. NEFT: yes.