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Indian Overseas Bank · Kakinada

IOBA0001037: Indian Overseas Bank, Penumarthi

IFSC code IOBA0001037 belongs to the Penumarthi branch of Indian Overseas Bank in Kakinada, Andhra Pradesh. Its MICR code is 533020542.

IFSC
IOBA0001037
MICR
533020542
Bank
Indian Overseas Bank
Branch
Penumarthi
District
Kakinada
State
Andhra Pradesh

Branch address

Indian Overseas Bank
2 152 by 3,Apsp Post,Rayudupalem Junction,Penumarthi 533005

Open in a map · Pincode 533005: 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 001037 is the code of the Penumarthi branch. In the MICR code 533020542, 533 is the city, 020 the bank and 542 the branch.

Other Indian Overseas Bank branches in Kakinada

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 Penumarthi branch (Kakinada, Andhra Pradesh) is IOBA0001037.

  2. 533020542. MICR is printed at the bottom of the branch's cheques.

  3. 2 152 by 3,Apsp Post,Rayudupalem Junction,Penumarthi 533005

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC IOBA0001037 with the beneficiary's account number.

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