Indian Overseas Bank Palakollu IFSC code
The IFSC code of Indian Overseas Bank, Palakollu (Palakol, West Godavari, Andhra Pradesh) is IOBA0002602.
- Data of 1 September 2026
- From RBI’s NEFT and RTGS lists
- By the Accurio.in team
- MICR
- 534020302
- Branch
- Palakollu
- Place
- Palakol, West Godavari, Andhra Pradesh
Branch details
- Address
- S6 KANURI SHOPPING COMPLEX MG ROAD PALAKOLLU WEST GODAVARI DIST 534260 Open in Maps
- Phone
- +914428584896
- Town
- Palakol
- District
- West Godavari From PIN 534260 in the address (India Post’s directory)
- City in RBI’s list
- West Godavari
- State
- Andhra Pradesh
- MICR
- 534020302
From RBI’s list of bank branches taking part in NEFT and RTGS, as published in Razorpay’s IFSC dataset (public domain), release v2.0.62 of 1 September 2026: 1,82,824 branches. Banks open, merge and close branches, so confirm the code on a cheque or with the branch before sending money.
District from the PIN code in the address: Department of Posts, Ministry of Communications, All India Pincode Directory till last month, Open Government Data Platform India, updated 3 October 2025. District names as in the Ministry of Panchayati Raj’s Local Government Directory. Published under the Government Open Data License – India.
What changed (latest: 1 September 2026)
Updates to the data behind this page, newest first.
-
- RBI’s branch lists, as published in IFSC release v2.0.62
-
- Department of Posts’ PIN code directory updated
Mistakes we have fixed on any page are listed on Corrections.
Other Indian Overseas Bank branches that RBI’s list puts under West Godavari
- Bhimavaram IOBA0001091
- Dental College Eluru IOBA0001672
- Eluru IOBA0000122
- Jangareddygudem IOBA0003641
- Khambamvaripalli IOBA0000976
- Nallajerla IOBA0002515
- Narsapuram IOBA0004118
- Pedaninrakolanu IOBA0000863
- Samisragudem IOBA0000642
- Thadepalligudem IOBA0001911
- Veerabhadrapuram IOBA0002311
- Xavier NGR IOBA0001547
Other banks in Palakol
- State Bank of India Palakol SBIN0000892
- Punjab National Bank Palakollu PUNB0994400
- Canara Bank Palakollu CNRB0005517
- Canara Bank Sivadevuni Chikkala CNRB0013825
- Union Bank of India Apgb Palakol UBIN0CG7240
- Union Bank of India Edla Bazar Palakol UBIN0827533
- Union Bank of India Guravaigudem UBIN0929611
- Union Bank of India Lajapathirai Peta UBIN0813036
- Union Bank of India Palakol UBIN0804207
- HDFC Bank Palacole HDFC0002383
- ICICI Bank Palakol ICIC0000705
- Indian Bank Palakol IDIB000P004
Questions about this code
What does each part of IOBA0002602 mean?
RBI describes the IFSC as an 11-character code: the first four letters represent the bank, the fifth character is 0 (zero) and the last six represent the branch. Here IOBA stands for Indian Overseas Bank and 002602 for this branch.
Where do I find the IFSC on a cheque?
An IFSC uniquely identifies a bank branch taking part in NEFT, and RBI has advised member banks to print the branch’s IFSC on the cheques they issue to customers. Match the code on your cheque with IOBA0002602.
What is the MICR code 534020302?
The nine-digit code printed in the MICR band at the bottom of a cheque, after the six-digit cheque number. In RBI’s guidelines the first three digits represent the city (534), the next three the bank (020) and the last three the branch (302).
Can I send money to this branch by NEFT or RTGS?
RBI’s NEFT list includes this branch, and RBI’s RTGS list includes it. Ask the person you are paying to confirm the IFSC before a large transfer.