Indian Overseas Bank — PADAVU Branch

DAKSHIN KANNAD, KARNATAKA

IFSC Code IOBA0001572
MICR Code 575020003

Available Services

IMPS RTGS NEFT UPI

Branch Details

Bank Name Indian Overseas Bank
Branch Name PADAVU
IFSC Code IOBA0001572
MICR Code 575020003
SWIFT Code N/A
Address PADAVU BEJAI P OMANGALORE PIN575004
City DAKSHIN KANNAD
District KUPPE-PADAVU
State KARNATAKA
Contact Number 2340920

How to Use IOBA0001572 for Money Transfers

The IFSC code IOBA0001572 is specifically assigned to the PADAVU branch of Indian Overseas Bank located in DAKSHIN KANNAD, KARNATAKA. This unique code is mandatory for routing electronic payments correctly within India.

NEFT Transfer

Use IOBA0001572 when adding this branch as a beneficiary in NEFT transactions. NEFT operates in half-hourly batches from 12:30 AM to 12:00 AM on all days. Enter the IFSC, account number, and account holder name carefully to ensure successful transfer.

RTGS Transfer

For high-value transactions above ₹2 lakh, RTGS offers real-time gross settlement. Use IOBA0001572 along with the beneficiary's exact account number. RTGS is available on working days from 7:00 AM to 6:00 PM.

IMPS & UPI

IMPS and UPI allow instant 24×7 transfers. While UPI apps often auto-resolve the IFSC from the VPA, mobile banking apps require IOBA0001572 when registering a new beneficiary.

Always double-check the account number before confirming any transfer — the IFSC routes funds to the correct branch, but the account number specifies the exact recipient.

⚠ Important Reminder Always verify the beneficiary account number and name before initiating a transfer. An incorrect account number may result in failed or misdirected transactions.

About Indian Overseas Bank PADAVU Branch

The PADAVU branch of Indian Overseas Bank is situated in DAKSHIN KANNAD, KARNATAKA. The branch address is PADAVU BEJAI P OMANGALORE PIN575004. This branch supports electronic payment services including NEFT, RTGS, IMPS, and UPI. You can contact this branch at 2340920. Always use the IFSC code IOBA0001572 when making any online fund transfer to an account held at this branch.

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