Use this page as a one-stop reference for everything related to Indian Overseas Bank's ALLADA branch in ALLADA, ANDHRA PRADESH. The branch's IFSC code IOBA0001129 is the key identifier you need whenever a remitter, employer or biller asks for a bank routing number to send funds to an account held at this branch. We have also included the branch's postal address, telephone number, banking hours, common services, and an extensive FAQ block that should answer almost every question that comes up when you are about to add this branch as a beneficiary in your net-banking app for the first time.
IFSC stands for Indian Financial System Code. It is an 11-character code that pinpoints a particular bank branch on the RBI's real-time payment rails. Every NEFT, RTGS or IMPS instruction must carry the destination branch's IFSC for the credit to land in the correct account.
In our case, IOBA0001129 is the IFSC of Indian Overseas Bank's ALLADA branch. The format is fixed: IOBA = bank code, 0 = reserved, 001129 = branch identifier.
Branch details at a glance
| Bank Name | Indian Overseas Bank |
|---|---|
| Branch | Allada |
| IFSC Code | IOBA0001129 |
| MICR Code | Refer to cheque leaf |
| Branch Address | ALLADA VILLAGE AND PANCHAYAT KOTABOMMALI THANA JALUMOORU MANDAL ALLADA PIN 532425 |
| City | Allada |
| District | Srikakulam |
| State | Andhra Pradesh |
| Phone | 274241 |
About Indian Overseas Bank
Indian Overseas Bank operates a wide network of branches across India, including the Allada branch in Allada. Each branch is enabled for NEFT, RTGS, IMPS and core banking, allowing customers to send and receive money anywhere in the country using a unique IFSC – in this case, IOBA0001129.
About this branch
The branch is located at ALLADA VILLAGE AND PANCHAYAT KOTABOMMALI THANA JALUMOORU MANDAL ALLADA PIN 532425. It serves the Allada region and is connected to the bank's core banking platform, which means transactions initiated here are instantly visible across all other branches of Indian Overseas Bank. The IFSC IOBA0001129 is used to identify this branch on the RBI payments network.
Why every Indian Overseas Bank branch has a unique IFSC
Before electronic settlement systems went live in India, money transfers between banks relied heavily on demand drafts, mail transfers and telegraphic transfers. These older instruments routinely took days to clear and were prone to misrouting because there was no single machine-readable identifier for a branch. The Reserve Bank of India solved this by issuing each participating branch — including ALLADA of Indian Overseas Bank — its own 11-character IFSC. The code IOBA0001129 is therefore not just an internal reference; it is the digital postcode that lets the RBI's NEFT, RTGS and IMPS rails route funds straight to the right branch ledger without any human intervention.
Today, almost every salary credit, vendor payment, refund and EMI deduction in the country flows through this network, which is exactly why a correct IFSC matters so much. A wrong character can either bounce the transfer or send it to the wrong branch, and reversing such a credit is a manual, time-consuming process. Treat IFSC IOBA0001129 the same way you would treat your account number — verify it once and save it carefully for future use.
How to transfer money using IFSC IOBA0001129
Online transfers in India are powered by three major channels — NEFT, RTGS and IMPS — and each one requires a destination IFSC. Below is a quick guide for using IFSC IOBA0001129 across all three.
How to use IFSC IOBA0001129 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Indian Overseas Bank's ALLADA branch. NEFT now settles on a 24x7 basis in half-hourly batches and has no upper limit for retail customers (individual banks may impose their own caps).
- Log in to your internet banking or mobile banking app.
- Choose Add Beneficiary and select NEFT / Other Bank.
- Enter the beneficiary name, account number and the IFSC IOBA0001129.
- Confirm the bank name auto-populates as Indian Overseas Bank and the branch as ALLADA.
- Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.
Real-Time Gross Settlement to ALLADA
If you need to transfer ₹2 lakh or more in one go to an account at Indian Overseas Bank's ALLADA branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC IOBA0001129 while initiating the transfer and the credit will appear within minutes.
IMPS to Indian Overseas Bank ALLADA (IFSC IOBA0001129)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC IOBA0001129 in your mobile or internet banking app, and the money is credited to the ALLADA branch account within seconds.
Comparing NEFT, RTGS and IMPS for transfers to Allada
The right transfer rail depends on how urgent the payment is, how large it is, and whether the receiving bank participates in the chosen scheme. Every option below works with the IFSC IOBA0001129:
- NEFT — best for everyday transfers of any amount; settles in half-hourly batches around the clock.
- RTGS — best for transfers of ₹2 lakh and above; settles each transaction individually in real time.
- IMPS — best when speed matters more than batch scheduling; instant credit up to ₹5 lakh.
- UPI — best for small peer-to-peer payments using a VPA; the underlying account at ALLADA is still linked to IFSC IOBA0001129.
For salary credits, vendor payouts and refunds, employers and merchants usually default to NEFT because of its zero per-transaction cost for retail customers and its 24x7 availability.
How UPI relates to the IFSC code
UPI lets you pay using a short Virtual Payment Address instead of typing the IFSC every time, but behind the scenes every UPI mandate is mapped to an account number plus an IFSC. For accounts at Indian Overseas Bank's ALLADA branch, the IFSC IOBA0001129 is what the National Payments Corporation of India (NPCI) uses to route the credit when you tap Pay on a UPI app.
That is why, even in the UPI era, it is still worth knowing the IFSC of your home branch — for failed UPI mandates, e-mandate set-ups, third-party platform onboarding and salary or refund credits.
Products and account variants supported
Every account opened at the Allada branch is mapped to IFSC IOBA0001129 on the RBI payments network. The branch generally supports the full retail product catalogue of Indian Overseas Bank, including:
- Resident savings accounts and salary accounts
- Current accounts for businesses and professionals
- Fixed deposits, recurring deposits and tax-saver deposits
- Demand drafts, banker's cheques and pay orders
- Retail loans — personal, vehicle, education, gold and home
- Credit cards and overdraft facilities (subject to eligibility)
- Third-party investment products such as mutual funds and insurance (through tie-ups)
Whichever product you choose, the IFSC for incoming credits remains IOBA0001129.
Products and services
Customers walking into the Allada branch can access most of Indian Overseas Bank's standard product suite, including:
- Account opening – savings, current, NRI, salary
- Term deposits and recurring deposits
- Retail and small-business loans
- Insurance and mutual-fund tie-ups
- Locker, safe deposit and ATM card services
- Online and mobile banking activation
- Electronic transfers via IFSC IOBA0001129
MICR & cheque-truncation details
Cheques drawn on the Allada branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC IOBA0001129 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
Online banking and IFSC IOBA0001129
Indian Overseas Bank customers can register for net banking and the bank's official mobile app once their account at the ALLADA branch is active. Net banking lets you view balances, download statements, open fixed deposits, request cheque books and initiate NEFT/RTGS/IMPS transfers — all without setting foot in the branch. The IFSC IOBA0001129 is pre-filled by the bank for transfers originating from your own account, and you only need to enter it manually when adding an external beneficiary or sharing your account details with a third party.
Common mistakes to avoid when using IFSC IOBA0001129
An incorrect IFSC almost always results in a failed transfer or, worse, a credit to the wrong branch. Before you click Confirm on a transfer to Indian Overseas Bank – ALLADA, double-check for these issues:
- Confusing 0 with O. The fifth character of every IFSC is the digit
0, not the letter O. Read carefully. - Spaces or hyphens. Do not put spaces in the IFSC. It is exactly 11 characters:
IOBA0001129. - Wrong branch. A bank can have dozens of branches in the same city. Make sure you are using the IFSC for the actual branch where the beneficiary holds the account, not just any nearby branch.
- Old IFSC after a merger. If two banks have merged, the IFSC may have been reissued. Always verify with a recent passbook or cheque leaf.
- Copy-paste from chat. Auto-correct on phones can silently change letters in IFSC codes. Type carefully or copy from a trusted source like the cheque book.
Reaching the branch
The Allada branch sits at ALLADA VILLAGE AND PANCHAYAT KOTABOMMALI THANA JALUMOORU MANDAL ALLADA PIN 532425. If you are travelling from outside Allada, search for the branch on a maps application using the bank name and locality, or call 274241 to ask for landmarks. Many customers find it easier to skip the trip altogether: net banking, mobile apps, NEFT, RTGS, IMPS and UPI all work using the IFSC IOBA0001129 and your account number.
Verifying IFSC IOBA0001129 from official sources
The IFSC listed on this page is sourced from the RBI's master list and validated against the bank's branch directory. To double-check before transferring large sums, you can also confirm IOBA0001129 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 274241.
- Visiting the bank's official branch locator page.
Working hours
Branch counters at Allada are usually open from 10 AM to 4 PM on weekdays. Saturdays follow the RBI's alternate-Saturday rule. Even when the branch is closed, NEFT, RTGS, IMPS and UPI transfers addressed to IOBA0001129 continue to work without interruption.
Branch address & contact
Indian Overseas BankAllada Branch
ALLADA VILLAGE AND PANCHAYAT KOTABOMMALI THANA JALUMOORU MANDAL ALLADA PIN 532425
Allada, Andhra Pradesh
Phone: 274241
IFSC: IOBA0001129
Frequently asked questions
Where is Indian Overseas Bank Allada branch located?
Indian Overseas Bank's Allada branch is located at ALLADA VILLAGE AND PANCHAYAT KOTABOMMALI THANA JALUMOORU MANDAL ALLADA PIN 532425, Allada, Andhra Pradesh.
How quickly will an NEFT transfer using IOBA0001129 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Indian Overseas Bank – Allada reflect within 30 minutes.
What is the phone number of Indian Overseas Bank Allada branch?
You can reach the branch at 274241 during regular banking hours.
Does Indian Overseas Bank Allada branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 274241 to confirm.
Is IFSC IOBA0001129 valid for NEFT and RTGS?
Yes. IFSC IOBA0001129 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Can I use IFSC IOBA0001129 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC IOBA0001129 to send funds instantly.
What is the IFSC code of Indian Overseas Bank Allada branch?
The IFSC code of Indian Overseas Bank, Allada branch is IOBA0001129. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
How do I add Indian Overseas Bank Allada as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC IOBA0001129, and complete OTP verification. Once activated, you can transfer funds at any time.
Summary
The IFSC code IOBA0001129 belongs to Indian Overseas Bank's ALLADA branch, located at ALLADA VILLAGE AND PANCHAYAT KOTABOMMALI THANA JALUMOORU MANDAL ALLADA PIN… in ALLADA, ANDHRA PRADESH. Use this code along with the beneficiary's account number for any NEFT, RTGS or IMPS transfer to this branch. Bookmark this page for quick reference whenever you need the branch's banking details.
