This page lists the IFSC code, branch address, contact number and fund-transfer information for Indian Overseas Bank, GODAVARIKHANI branch in GODAVARIKHANI. The 11-digit IFSC IOBA0000494 uniquely identifies this branch in the RBI's centralised payments network and is required for every NEFT, RTGS or IMPS transaction routed to this branch. If you are paying somebody who banks with Indian Overseas Bank at the GODAVARIKHANI location, this is the only IFSC you need.
We have organised this page into clearly labelled sections so you can jump straight to the part that interests you — the IFSC and MICR details, the full postal address, the contact phone number, a quick primer on NEFT, RTGS and IMPS, the typical product line-up at the branch, and a frequently asked questions section that addresses the queries people raise most often about this branch.
The Indian Financial System Code, popularly known as IFSC, is an 11-digit alphanumeric code that the RBI assigns to every bank branch participating in online interbank settlement. Without this code, an electronic transfer simply cannot reach its destination branch.
The IFSC for Indian Overseas Bank – GODAVARIKHANI is IOBA0000494. The first four letters IOBA are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 000494 map to this branch in GODAVARIKHANI, ANDHRA PRADESH.
Bank profile
Indian Overseas Bank is among the recognised banks listed on the Reserve Bank of India's payments network. The Godavarikhani branch — IFSC IOBA0000494 — extends the bank's services to customers in and around Godavarikhani, Andhra Pradesh.
Branch details at a glance
| Bank Name | Indian Overseas Bank |
|---|---|
| Branch | Godavarikhani |
| IFSC Code | IOBA0000494 |
| MICR Code | Refer to cheque leaf |
| Branch Address | 18 5 247,248,KALYAN NAGAR CROSS RDS,GODHAVARIKHANI |
| City | Godavarikhani |
| District | Karimnagar |
| State | Andhra Pradesh |
| STD Code | 8728 |
| Phone | 257250 |
About the Godavarikhani branch
The Godavarikhani branch of Indian Overseas Bank is situated at 18 5 247,248,KALYAN NAGAR CROSS RDS,GODHAVARIKHANI. Customers visiting this branch can complete cash deposits, withdrawals, demand draft requests, cheque clearing, passbook updates and KYC formalities. For online transactions to or from this branch, the IFSC code IOBA0000494 is used.
The role of IFSC in India's payments network
India's electronic payment infrastructure — NEFT, RTGS, IMPS, UPI and the National Automated Clearing House (NACH) — is built on a single principle: every participating bank branch must be uniquely identifiable by an alphanumeric code. The Reserve Bank of India introduced the IFSC system to fulfil this requirement, and that is how Indian Overseas Bank's GODAVARIKHANI branch came to be assigned the code IOBA0000494.
Whether you are receiving a salary on the first of the month, paying a vendor invoice, settling an EMI, or accepting a refund from an e-commerce platform, the IFSC is the silent piece of metadata that tells the network where your account lives. Without IFSC IOBA0000494, money simply cannot be routed to the GODAVARIKHANI branch electronically.
Products and account variants supported
Every account opened at the Godavarikhani branch is mapped to IFSC IOBA0000494 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 IOBA0000494.
Banking services available
The Godavarikhani branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 8728-257250.
- Savings, current and salary accounts
- Fixed deposits and recurring deposits
- Personal, vehicle and home loans
- Demat and investment products (where supported)
- Internet banking and mobile banking enrolment
- Debit and credit card issuance
- Locker facilities (subject to availability)
- Foreign exchange services (at authorised branches)
- Bill payments, demand drafts and pay orders
- NEFT / RTGS / IMPS / UPI fund transfers using IFSC IOBA0000494
How to transfer money using IFSC IOBA0000494
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 IOBA0000494 across all three.
NEFT to Indian Overseas Bank, GODAVARIKHANI using IFSC IOBA0000494
National Electronic Funds Transfer is the simplest way to move money into an account at this branch. NEFT works around the clock, including Sundays and public holidays, and settles in half-hourly batches.
To send funds, add the recipient as a beneficiary in your bank's online portal, key in the account number, paste the IFSC IOBA0000494, and confirm that the system picks up Indian Overseas Bank – GODAVARIKHANI. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
Real-Time Gross Settlement to GODAVARIKHANI
If you need to transfer ₹2 lakh or more in one go to an account at Indian Overseas Bank's GODAVARIKHANI branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC IOBA0000494 while initiating the transfer and the credit will appear within minutes.
Send money instantly through IMPS
For a real-time, anytime transfer to Indian Overseas Bank – GODAVARIKHANI, use IMPS. With IFSC IOBA0000494 and the beneficiary's account number you can move up to ₹5 lakh per transaction with instant credit, any day of the year.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC IOBA0000494 for Indian Overseas Bank – GODAVARIKHANI, but they differ in speed, minimum amount and use case. The table below summarises the differences so you can pick the right channel for the situation at hand.
| Parameter | NEFT | RTGS | IMPS |
|---|---|---|---|
| Minimum amount | ₹1 | ₹2,00,000 | ₹1 |
| Maximum amount | No RBI cap | No RBI cap | ₹5,00,000 |
| Settlement | Half-hourly batches | Real-time | Real-time |
| Availability | 24x7 | 24x7 | 24x7 |
| Best for | Routine transfers | High-value transfers | Urgent small / mid transfers |
| IFSC required | Yes – IOBA0000494 | Yes – IOBA0000494 | Yes – IOBA0000494 |
For most retail customers crediting the Godavarikhani branch, NEFT or IMPS will be the quickest and most economical option. RTGS comes in for one-off, high-value movements such as property purchases, vendor settlements or large gifts.
UPI payments and IFSC IOBA0000494
UPI (Unified Payments Interface) has become the default way for individuals to send money in India. While most UPI transactions are addressed using a Virtual Payment Address (VPA) like name@bank, the underlying account at Indian Overseas Bank – GODAVARIKHANI is still mapped to IFSC IOBA0000494. When a customer links a savings or current account to a UPI app for the first time, the app silently looks up this IFSC against the account number to verify the account exists. The VPA acts as a friendly alias on top of the same plumbing.
If a UPI transfer to or from this branch fails, the most common reasons are an inactive UPI handle, a daily limit breach or a temporary outage at one of the participating banks — not the IFSC. You can always fall back to NEFT or IMPS using the IFSC IOBA0000494 and the beneficiary's account number to complete the transfer.
Online banking and IFSC IOBA0000494
Indian Overseas Bank customers can register for net banking and the bank's official mobile app once their account at the GODAVARIKHANI 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 IOBA0000494 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.
MICR & cheque-truncation details
Cheques drawn on the Godavarikhani branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC IOBA0000494 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
Common mistakes to avoid when using IFSC IOBA0000494
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 – GODAVARIKHANI, 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:
IOBA0000494. - 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 Godavarikhani branch sits at 18 5 247,248,KALYAN NAGAR CROSS RDS,GODHAVARIKHANI. If you are travelling from outside Godavarikhani, search for the branch on a maps application using the bank name and locality, or call 8728-257250 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 IOBA0000494 and your account number.
Verifying IFSC IOBA0000494 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 IOBA0000494 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 8728-257250.
- Visiting the bank's official branch locator page.
Branch banking hours and holidays
Indian bank branches typically operate from 10:00 AM to 4:00 PM, Monday to Friday, and from 10:00 AM to 2:00 PM on working Saturdays (usually the 1st, 3rd and 5th Saturdays). The Godavarikhani branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC IOBA0000494, however, work 24x7.
Branch address & contact
Indian Overseas BankGodavarikhani Branch
18 5 247,248,KALYAN NAGAR CROSS RDS,GODHAVARIKHANI
Godavarikhani, Andhra Pradesh
Phone: 8728-257250
IFSC: IOBA0000494
Frequently asked questions
Does Indian Overseas Bank Godavarikhani branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 8728-257250 to confirm.
What is the phone number of Indian Overseas Bank Godavarikhani branch?
You can reach the branch at 8728-257250 during regular banking hours.
What is the difference between IFSC and MICR code?
IFSC is an 11-character alphanumeric code used for online transfers, while MICR is a 9-digit numeric code printed on cheques and used by cheque-clearing machines. Both identify the Godavarikhani branch but serve different purposes.
Is IFSC IOBA0000494 the same for all accounts at Godavarikhani branch?
Yes. The IFSC IOBA0000494 is shared by every account held at Indian Overseas Bank's Godavarikhani branch. Only the account number changes from customer to customer.
How do I add Indian Overseas Bank Godavarikhani as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC IOBA0000494, and complete OTP verification. Once activated, you can transfer funds at any time.
How quickly will an NEFT transfer using IOBA0000494 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Indian Overseas Bank – Godavarikhani reflect within 30 minutes.
Is IFSC IOBA0000494 valid for NEFT and RTGS?
Yes. IFSC IOBA0000494 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Final notes
To recap: IOBA0000494 is the IFSC code of Indian Overseas Bank, GODAVARIKHANI branch, in GODAVARIKHANI, ANDHRA PRADESH. It is required for every electronic transfer to an account held at this branch. We keep this page updated with the latest address and contact details, so you can rely on the information here for your day-to-day banking needs.
