Use this page as a one-stop reference for everything related to Indian Overseas Bank's LOKAMUDI branch in KRISHNAPURAM, ANDHRA PRADESH. The branch's IFSC code IOBA0003591 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.
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 – LOKAMUDI is IOBA0003591. The first four letters IOBA are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 003591 map to this branch in KRISHNAPURAM, ANDHRA PRADESH.
About the bank
Indian Overseas Bank serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Lokamudi branch in Krishnapuram, Andhra Pradesh is part of this network and uses the IFSC code IOBA0003591 for all electronic settlement.
Branch details at a glance
| Bank Name | Indian Overseas Bank |
|---|---|
| Branch | Lokamudi |
| IFSC Code | IOBA0003591 |
| MICR Code | Refer to cheque leaf |
| Branch Address | R.S.NO.82/3, ELURU ROAD,LOKAMUDI VILLAGE,KRISHNA DT,ANDRA PRADESH,521 222 |
| City | Krishnapuram |
| District | Krishna |
| State | Andhra Pradesh |
| STD Code | 866 |
| Phone | 2484913 |
About this branch
The branch is located at R.S.NO.82/3, ELURU ROAD,LOKAMUDI VILLAGE,KRISHNA DT,ANDRA PRADESH,521 222. It serves the Krishnapuram 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 IOBA0003591 is used to identify this branch on the RBI payments network.
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 LOKAMUDI branch came to be assigned the code IOBA0003591.
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 IOBA0003591, money simply cannot be routed to the LOKAMUDI branch electronically.
Products and account variants supported
Every account opened at the Lokamudi branch is mapped to IFSC IOBA0003591 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 IOBA0003591.
Products and services
Customers walking into the Lokamudi 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 IOBA0003591
How to transfer money using IFSC IOBA0003591
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 IOBA0003591 across all three.
NEFT to Indian Overseas Bank, LOKAMUDI using IFSC IOBA0003591
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 IOBA0003591, and confirm that the system picks up Indian Overseas Bank – LOKAMUDI. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
RTGS transfers via IFSC IOBA0003591
RTGS (Real-Time Gross Settlement) is the fastest high-value transfer mechanism in India. It is meant for transfers of ₹2 lakh and above and settles each transaction individually and instantly. To remit through RTGS to Indian Overseas Bank – LOKAMUDI, ensure your bank's portal accepts IFSC IOBA0003591 while registering the beneficiary. RTGS is also available 24x7.
IMPS to Indian Overseas Bank LOKAMUDI (IFSC IOBA0003591)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC IOBA0003591 in your mobile or internet banking app, and the money is credited to the LOKAMUDI branch account within seconds.
Comparing NEFT, RTGS and IMPS for transfers to Lokamudi
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 IOBA0003591:
- 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 LOKAMUDI is still linked to IFSC IOBA0003591.
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 LOKAMUDI branch, the IFSC IOBA0003591 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.
Digital banking channels
Most day-to-day work that customers used to do at the Lokamudi branch counter can now be completed digitally — adding a beneficiary, transferring funds, applying for a fixed deposit, raising a service request or downloading account statements. The IFSC IOBA0003591 is the link between the digital channel and the branch ledger; once a transaction is confirmed, the credit or debit is reflected in the same core banking system that the branch officers see.
MICR & cheque-truncation details
Cheques drawn on the Lokamudi branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC IOBA0003591 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 IOBA0003591
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 – LOKAMUDI, 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:
IOBA0003591. - 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.
How to reach the Lokamudi branch
The branch is located at R.S.NO.82/3, ELURU ROAD,LOKAMUDI VILLAGE,KRISHNA DT,ANDRA PRADESH,521 222, which puts it inside Krishnapuram, the broader Krishna district, and the state of Andhra Pradesh. To plan your visit:
- Open Google Maps on your phone and search for “Indian Overseas Bank Lokamudi branch” — the verified location pin for IFSC IOBA0003591 should appear at the top of the results.
- Confirm the branch is open by calling 866-2484913 before stepping out, especially around public holidays.
- Carry photo ID and any account-related documents you may need for the transaction you plan to do.
Most banking work — passbook updates, fund transfers, statement downloads — can also be completed online without visiting the branch in person, as long as you know the IFSC IOBA0003591 and your account number.
Other ways to verify the IFSC code
While this page already lists the verified IFSC IOBA0003591 for Indian Overseas Bank – LOKAMUDI, you can cross-check the code from any of these sources before initiating a high-value transfer:
- The front of the cheque book issued by the branch – the IFSC is printed at the top of every leaf.
- The first page of your passbook.
- The bank's official website under the branch locator.
- The Reserve Bank of India's IFSC search portal.
- Net banking dashboards usually display the home-branch IFSC under account details.
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 Lokamudi branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC IOBA0003591, however, work 24x7.
Branch address & contact
Indian Overseas BankLokamudi Branch
R.S.NO.82/3, ELURU ROAD,LOKAMUDI VILLAGE,KRISHNA DT,ANDRA PRADESH,521 222
Krishnapuram, Andhra Pradesh
Phone: 866-2484913
IFSC: IOBA0003591
Frequently asked questions
Is IFSC IOBA0003591 valid for NEFT and RTGS?
Yes. IFSC IOBA0003591 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Where is Indian Overseas Bank Lokamudi branch located?
Indian Overseas Bank's Lokamudi branch is located at R.S.NO.82/3, ELURU ROAD,LOKAMUDI VILLAGE,KRISHNA DT,ANDRA PRADESH,521 222, Krishnapuram, Andhra Pradesh.
Does Indian Overseas Bank Lokamudi branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 866-2484913 to confirm.
What is the IFSC code of Indian Overseas Bank Lokamudi branch?
The IFSC code of Indian Overseas Bank, Lokamudi branch is IOBA0003591. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
Can I use IFSC IOBA0003591 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC IOBA0003591 to send funds instantly.
What is the phone number of Indian Overseas Bank Lokamudi branch?
You can reach the branch at 866-2484913 during regular banking hours.
How do I add Indian Overseas Bank Lokamudi as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC IOBA0003591, and complete OTP verification. Once activated, you can transfer funds at any time.
Is IFSC IOBA0003591 the same for all accounts at Lokamudi branch?
Yes. The IFSC IOBA0003591 is shared by every account held at Indian Overseas Bank's Lokamudi branch. Only the account number changes from customer to customer.
Summary
The IFSC code IOBA0003591 belongs to Indian Overseas Bank's LOKAMUDI branch, located at R.S.NO.82/3, ELURU ROAD,LOKAMUDI VILLAGE,KRISHNA DT,ANDRA PRADESH,521 222 in KRISHNAPURAM, 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.
