Indian Overseas Bank — SPECIALIZED ASSET RECOVERY MANGEMENT BRANCH Branch

How to Use IOBA0002579 for Money Transfers

The IFSC code IOBA0002579 is specifically assigned to the SPECIALIZED ASSET RECOVERY MANGEMENT BRANCH branch of Indian Overseas Bank located in VISAKHAPATNAM, ANDHRA PRADESH. This unique code is mandatory for routing electronic payments correctly within India.

NEFT Transfer

Use IOBA0002579 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 IOBA0002579 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 IOBA0002579 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.

About Indian Overseas Bank SPECIALIZED ASSET RECOVERY MANGEMENT BRANCH Branch

The SPECIALIZED ASSET RECOVERY MANGEMENT BRANCH branch of Indian Overseas Bank is situated in VISAKHAPATNAM, ANDHRA PRADESH. The branch address is 48-14-111,3RD FLOOR, SRI NITHYA COMPLEX RAMA TALKIES ROAD, VISAKHAPATNAM, ANDHRA PRADESH - 530017. This branch supports electronic payment services including NEFT, RTGS, IMPS, and UPI. You can contact this branch at +918925952579. Always use the IFSC code IOBA0002579 when making any online fund transfer to an account held at this branch.