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Indian Overseas Bank · South Goa

IOBA0000538: Indian Overseas Bank, Goanuvem

IFSC code IOBA0000538 belongs to the Goanuvem branch of Indian Overseas Bank in South Goa, Goa. Its MICR code is 403020011.

IFSC
IOBA0000538
MICR
403020011
Bank
Indian Overseas Bank
Branch
Goanuvem
District
South Goa
State
Goa

Branch address

Indian Overseas Bank
H No 558 Povoasao Nuvem Salcete PIN 403604

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Payment systems

SystemOn RBI's list for this branchWhat it is for
NEFTYesTransfers of any amount, settled in half-hourly batches, all day
RTGSYesLarge transfers (₹2 lakh and above), settled one by one in real time
IMPSYesInstant transfers, any time, usually for smaller amounts
UPIYesPayments by UPI ID or mobile number from apps

Reading this IFSC

IOBA is Indian Overseas Bank's bank code, the fifth character 0 is kept for future use, and 000538 is the code of the Goanuvem branch. In the MICR code 403020011, 403 is the city, 020 the bank and 011 the branch.

Other Indian Overseas Bank branches in South Goa

IFSC and your loan

When you take a loan through Oxon Fintech, the lending partner (a bank or NBFC) pays the money straight into your own bank account, so the application asks for your account number and its IFSC. Check both against your passbook or cheque book: a wrong IFSC can delay the payment. Oxon never asks for your OTP, PIN, CVV or passwords.

Data: the Reserve Bank of India's list of NEFT and RTGS bank branches, as compiled by Razorpay's open-source IFSC dataset. Bank details change from time to time (branches merge, move or close); confirm the IFSC with your bank or on your cheque book before you send money. Oxon Fintech is a loan platform, not a bank, and is not linked to the banks listed.

01 FAQ

Common questions.

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  1. The IFSC of Indian Overseas Bank's Goanuvem branch (South Goa, Goa) is IOBA0000538.

  2. 403020011. MICR is printed at the bottom of the branch's cheques.

  3. H No 558 Povoasao Nuvem Salcete PIN 403604

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC IOBA0000538 with the beneficiary's account number.

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