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Indian Overseas Bank · Guntur

IOBA0000556: Indian Overseas Bank, Nallapadu

IFSC code IOBA0000556 belongs to the Nallapadu branch of Indian Overseas Bank in Guntur, Andhra Pradesh. Its MICR code is 520020105.

IFSC
IOBA0000556
MICR
520020105
Bank
Indian Overseas Bank
Branch
Nallapadu
District
Guntur
State
Andhra Pradesh

Branch address

Indian Overseas Bank
1 153, Main Road, Nallapadu PIN 522005

Open in a map · Pincode 522005: post offices and area

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 000556 is the code of the Nallapadu branch. In the MICR code 520020105, 520 is the city, 020 the bank and 105 the branch.

Other Indian Overseas Bank branches in Guntur

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 Nallapadu branch (Guntur, Andhra Pradesh) is IOBA0000556.

  2. 520020105. MICR is printed at the bottom of the branch's cheques.

  3. 1 153, Main Road, Nallapadu PIN 522005

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC IOBA0000556 with the beneficiary's account number.

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