If you are searching for the IFSC code of Indian Overseas Bank, SAMISRAGUDEM branch in SAMISRAGUDEM, ANDHRA PRADESH, this page has every detail you need. The verified IFSC code for this branch is IOBA0000642. You can use it for NEFT, RTGS and IMPS fund transfers, online banking add-payee actions, UPI mandates and any other electronic payment request that asks for an Indian Financial System Code. The information on this page is curated specifically for customers, remitters, employers and businesses who need to credit funds to an account maintained at this branch, and it is structured so you can find what you need within a few seconds of landing here.
You will see the complete branch address, the area STD code and phone number, the city and state, the day-to-day banking services that are typically offered at the SAMISRAGUDEM branch, and detailed step-by-step guides for using the IFSC IOBA0000642 across NEFT, RTGS and IMPS rails. A frequently-asked-questions section at the end answers the most common queries we receive about this particular branch.
An IFSC (Indian Financial System Code) is an 11-character alphanumeric code issued by the Reserve Bank of India. It uniquely identifies every bank branch that participates in the RBI's electronic fund-transfer systems – NEFT, RTGS and IMPS. The first four characters represent the bank, the fifth is always a zero (reserved for future use), and the last six characters identify the specific branch.
For Indian Overseas Bank's SAMISRAGUDEM branch, the IFSC IOBA0000642 breaks down as follows: IOBA identifies the bank, 0 is the reserved character, and 000642 identifies this particular branch.
About the bank
Indian Overseas Bank serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Samisragudem branch in Samisragudem, Andhra Pradesh is part of this network and uses the IFSC code IOBA0000642 for all electronic settlement.
About the Samisragudem branch
The Samisragudem branch of Indian Overseas Bank is situated at MUNSIF VARIVEEDHI, SAMISRAGUDEM,NIDDAVOLU MANDAL, SAMISRAGUDEM 534302. 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 IOBA0000642 is used.
Branch details at a glance
| Bank Name | Indian Overseas Bank |
|---|---|
| Branch | Samisragudem |
| IFSC Code | IOBA0000642 |
| MICR Code | Refer to cheque leaf |
| Branch Address | MUNSIF VARIVEEDHI, SAMISRAGUDEM,NIDDAVOLU MANDAL, SAMISRAGUDEM 534302 |
| City | Samisragudem |
| District | West Godavari |
| State | Andhra Pradesh |
| STD Code | 8813 |
| Phone | 221274 |
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 SAMISRAGUDEM branch came to be assigned the code IOBA0000642.
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 IOBA0000642, money simply cannot be routed to the SAMISRAGUDEM branch electronically.
MICR & cheque-truncation details
Cheques drawn on the Samisragudem branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC IOBA0000642 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
How to transfer money using IFSC IOBA0000642
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 IOBA0000642 across all three.
How to use IFSC IOBA0000642 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Indian Overseas Bank's SAMISRAGUDEM 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 IOBA0000642.
- Confirm the bank name auto-populates as Indian Overseas Bank and the branch as SAMISRAGUDEM.
- Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.
RTGS transfers via IFSC IOBA0000642
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 – SAMISRAGUDEM, ensure your bank's portal accepts IFSC IOBA0000642 while registering the beneficiary. RTGS is also available 24x7.
Send money instantly through IMPS
For a real-time, anytime transfer to Indian Overseas Bank – SAMISRAGUDEM, use IMPS. With IFSC IOBA0000642 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 IOBA0000642 for Indian Overseas Bank – SAMISRAGUDEM, 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 – IOBA0000642 | Yes – IOBA0000642 | Yes – IOBA0000642 |
For most retail customers crediting the Samisragudem 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.
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 SAMISRAGUDEM branch, the IFSC IOBA0000642 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 Samisragudem branch is mapped to IFSC IOBA0000642 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 IOBA0000642.
Products and services
Customers walking into the Samisragudem 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 IOBA0000642
Digital banking channels
Most day-to-day work that customers used to do at the Samisragudem 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 IOBA0000642 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.
Reaching the branch
The Samisragudem branch sits at MUNSIF VARIVEEDHI, SAMISRAGUDEM,NIDDAVOLU MANDAL, SAMISRAGUDEM 534302. If you are travelling from outside Samisragudem, search for the branch on a maps application using the bank name and locality, or call 8813-221274 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 IOBA0000642 and your account number.
Common mistakes to avoid when using IFSC IOBA0000642
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 – SAMISRAGUDEM, 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:
IOBA0000642. - 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.
Working hours
Branch counters at Samisragudem 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 IOBA0000642 continue to work without interruption.
Verifying IFSC IOBA0000642 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 IOBA0000642 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 8813-221274.
- Visiting the bank's official branch locator page.
Branch address & contact
Indian Overseas BankSamisragudem Branch
MUNSIF VARIVEEDHI, SAMISRAGUDEM,NIDDAVOLU MANDAL, SAMISRAGUDEM 534302
Samisragudem, Andhra Pradesh
Phone: 8813-221274
IFSC: IOBA0000642
Frequently asked questions
How quickly will an NEFT transfer using IOBA0000642 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Indian Overseas Bank – Samisragudem reflect within 30 minutes.
Does Indian Overseas Bank Samisragudem branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 8813-221274 to confirm.
What is the phone number of Indian Overseas Bank Samisragudem branch?
You can reach the branch at 8813-221274 during regular banking hours.
Can I use IFSC IOBA0000642 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC IOBA0000642 to send funds instantly.
Is IFSC IOBA0000642 valid for NEFT and RTGS?
Yes. IFSC IOBA0000642 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Where is Indian Overseas Bank Samisragudem branch located?
Indian Overseas Bank's Samisragudem branch is located at MUNSIF VARIVEEDHI, SAMISRAGUDEM,NIDDAVOLU MANDAL, SAMISRAGUDEM 534302, Samisragudem, Andhra Pradesh.
Final notes
To recap: IOBA0000642 is the IFSC code of Indian Overseas Bank, SAMISRAGUDEM branch, in SAMISRAGUDEM, 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.
