IOBA0001627 IFSC Code, INDIAN OVERSEAS BANK, ERODE SAMPATHNAGER

IFSC Code of Indian Overseas Bank, Erode Sampathnager, Tamil Nadu IFSC CODE & MICR CODE

INDIAN OVERSEAS BANK, ERODE SAMPATHNAGER - IOBA0001627

  • Bank name: INDIAN OVERSEAS BANK

Bank Address: 368 By 2 Sf No 162 By 1 Nasiyanur Road Narayanavalasu Erode 638011

  • IFSC Code ioba0001627
  • Bank Code IOBA
  • Bank name INDIAN OVERSEAS BANK
  • Bank contact number 235858
  • Bank branch ERODE SAMPATHNAGER
  • Bank ISO3166 Code IN-TN
  • Bank Center ERODE
  • MICR Code 638020009
  • State name TAMIL NADU
  • District name ERODE
  • City name ERODE
  • Swift Swift not provided
  • IMPS No
  • NEFT No
  • UPI No
  • RTGS No

What is an IFSC Code?

The Indian Financial System Code (IFSC) is an 11-character alphanumeric code used to uniquely identify a bank branch for online fund transfers. The IFSC code for INDIAN OVERSEAS BANK, ERODE SAMPATHNAGER branch is IOBA0001627, ensures that your transactions are directed to the correct branch.

How to Use IOBA0001627 for Transactions?

  • NEFT: Use the IFSC code to transfer funds quickly to accounts in other banks.
  • RTGS: For high-value transactions, the IFSC code ensures your payment is processed instantly.
  • IMPS: The IFSC code allows 24/7 fund transfers, including weekends and holidays.

What is a MICR Code?

The Magnetic Ink Character Recognition (MICR) code is a 9-digit code used for processing paper-based transactions, such as cheques. For the ERODE SAMPATHNAGER branch, this code complements the IFSC code for efficient banking operations.

Benefits of Using the Correct IFSC Code

  • Accuracy: Ensures your funds are directed to the right branch.
  • Security: Prevents fraudulent transactions by uniquely identifying each branch.