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Indian Overseas Bank · Mancheriyal

IOBA0002599: Indian Overseas Bank, Mancherial

IFSC code IOBA0002599 belongs to the Mancherial branch of Indian Overseas Bank in Mancheriyal, Andhra Pradesh. Its MICR code is 504020202.

IFSC
IOBA0002599
MICR
504020202
Bank
Indian Overseas Bank
Branch
Mancherial
District
Mancheriyal
State
Andhra Pradesh
Phone
+914428584896

Branch address

Indian Overseas Bank
375 and 396,Hitech Colony National Highway,Mancherial,504 208 Adilabad Ap

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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 002599 is the code of the Mancherial branch. In the MICR code 504020202, 504 is the city, 020 the bank and 202 the branch.

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 Mancherial branch (Mancheriyal, Andhra Pradesh) is IOBA0002599.

  2. 504020202. MICR is printed at the bottom of the branch's cheques.

  3. 375 and 396,Hitech Colony National Highway,Mancherial,504 208 Adilabad Ap

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC IOBA0002599 with the beneficiary's account number.

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