IFSC Code of Indian Overseas Bank, PALAKOLLU, PALAKOL

IOBA0002602

BankIndian Overseas Bank
IFSC CodeIOBA0002602
Branch Code002602 (last six characters of IFSC)
BranchPALAKOLLU
City / DistrictPALAKOL
StateANDHRA PRADESH

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Indian Overseas Bank PALAKOLLU IFSC Code

The PALAKOLLU branch of Indian Overseas Bank located in PALAKOL, ANDHRA PRADESH is identified by the IFSC code IOBA0002602. This 11-character code is issued by the Reserve Bank of India (RBI) and is required for electronic fund transfers such as NEFT, RTGS, IMPS and UPI.

How to transfer money using IOBA0002602

  1. Log in to your bank’s net banking or mobile banking app.
  2. Choose the NEFT, RTGS or IMPS transfer option.
  3. Add the beneficiary with account number and branch name.
  4. Enter IFSC code IOBA0002602 to identify the PALAKOLLU branch.
  5. Enter the amount and confirm the transaction.

Difference between IFSC and MICR

AspectIFSC
Full formIndian Financial System Code
PurposeOnline money transfer (NEFT / RTGS / IMPS)
Format11-character alphanumeric
Issued byReserve Bank of India (RBI)

Frequently asked questions

What is the IFSC code of Indian Overseas Bank, PALAKOLLU?
The IFSC code is IOBA0002602.

What is the branch code?
The branch code is 002602, the last six characters of the IFSC code.