IFSC CODE DETAILS

INDIAN OVERSEAS BANK

PALAYAM Branch

IOBA0001316

Branch Information

IFSC Code IOBA0001316
Bank INDIAN OVERSEAS BANK
Branch PALAYAM
Address NO 412/6A - 3, TRICHY MAIN ROAD, PALAYAM - 624 620
City PALAYAM
District DINDIGUL
State TAMIL NADU
PIN Code 624620
STD Code 0

Understanding IFSC Code IOBA0001316

IOBA
Bank Code
0
Reserved
001316
Branch Code
  • IOBA: identifies INDIAN OVERSEAS BANK
  • 0: reserved digit (always 0 for future use)
  • 001316: identifies the PALAYAM branch in PALAYAM, TAMIL NADU

Frequently Asked Questions: IOBA0001316

What is the IFSC code of INDIAN OVERSEAS BANK PALAYAM branch?

The IFSC code of INDIAN OVERSEAS BANK PALAYAM branch is IOBA0001316. This code is used for NEFT, RTGS, and IMPS fund transfers to this branch in PALAYAM, TAMIL NADU (PIN 624620).

What does the IFSC code IOBA0001316 mean?

IOBA identifies INDIAN OVERSEAS BANK, 0 is a reserved digit (always 0), and 001316 identifies the PALAYAM branch. Together they form the 11-character IFSC code assigned by the Reserve Bank of India.

Where is INDIAN OVERSEAS BANK PALAYAM branch located?

INDIAN OVERSEAS BANK PALAYAM branch is located at NO 412/6A - 3, TRICHY MAIN ROAD, PALAYAM - 624 620. PIN code: 624620.

Can I use IOBA0001316 for NEFT, RTGS, IMPS and UPI?

Yes, IOBA0001316 is valid for all electronic transfers: NEFT (24x7, batch settlement), RTGS (real-time, minimum Rs 2 lakh), IMPS (instant, 24x7, up to Rs 5 lakh), and UPI (IFSC is used internally for bank routing in all UPI transactions). Enter this code with the account number to transfer funds to INDIAN OVERSEAS BANK PALAYAM.

What is the MICR code for INDIAN OVERSEAS BANK PALAYAM branch?

MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque clearing and processing. Unlike the IFSC code used for online transfers, the MICR code is printed at the bottom of your cheque leaf using magnetic ink and is read by automated clearing machines.

Is the IFSC code IOBA0001316 still active?

Based on RBI records, IOBA0001316 is an active IFSC code assigned to INDIAN OVERSEAS BANK PALAYAM in PALAYAM, TAMIL NADU. If you receive a transaction failure citing this IFSC, contact INDIAN OVERSEAS BANK directly or verify on the RBI website, as codes may be updated following bank mergers or branch relocations.

Verify Before You Transfer

Always confirm the IFSC code directly with INDIAN OVERSEAS BANK or the RBI before initiating a high-value transfer.

More INDIAN OVERSEAS BANK branches in PALAYAM

Browse all INDIAN OVERSEAS BANK branches in PALAYAM with their IFSC codes

View All →

PIN code for this branch: 624620

View all post offices and delivery details for PIN 624620

PIN Details →