Question 1

How can I verify the IFSC code of Indian Overseas Bank Palasa branch?

Accepted Answer

The IFSC code for Indian Overseas Bank Palasa branch in Srikakulam is IOBA0003946. The branch is strategically located to serve the Srikakulam region within Andhra Pradesh. For accurate fund routing, ensure you use IFSC IOBA0003946 in all your transaction forms.

Question 2

What payment methods work with Palasa IFSC code?

Accepted Answer

Yes, you can use IFSC code IOBA0003946 for digital payment systems to transfer funds to accounts held at Palasa. All modern payment methods are supported, ensuring quick and secure fund transfers to Srikakulam-based accounts. Find all Indian Overseas Bank branches across Andhra Pradesh in our state-wise directory.

Question 3

What types of accounts can I open at Palasa?

Accepted Answer

Palasa offers a comprehensive range of banking services including account opening, fund transfers, cheque services, locker facilities, and financial advisory. The branch maintains extended customer service hours and digital banking facilities for 24/7 account access. The branch staff can guide you through account setup, loan applications, and investment planning.

Question 4

How do I use the MICR code 532020004 for cheque clearing?

Accepted Answer

The MICR code for Palasa is 532020004, which is used for automated cheque processing. The 9-digit MICR code 532020004 facilitates faster cheque processing through the National Clearing Centre, complementing the IFSC IOBA0003946. Banks use MICR 532020004 to authenticate and process cheques drawn on Palasa efficiently.

Question 5

Is the IFSC code IOBA0003946 still active and operational?

Accepted Answer

To confirm Palasa branch details, verify the IFSC IOBA0003946 matches your bank passbook or official statement. This information was verified against RBI's official IFSC database on February 2026 to maintain data integrity. If you notice any discrepancies, please report them to ensure data accuracy for the Srikakulam banking community.

IOBA0003946 - Palasa Indian Overseas Bank IFSC Code Srikakulam

Full Branch Details for IOBA0003946

IFSC Format Breakdown

MICR Code Details

Branch Contact & Location Details

How to Use IOBA0003946 for Bank Transfers (NEFT/RTGS/IMPS/UPI)

Step-by-Step: How to Transfer Money Using This IFSC Code

Frequently Asked Questions – Palasa Branch, Srikakulam

Location Map & Directions

Nearby Indian Overseas Bank Branches in Srikakulam

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