SearchIFSCCode

SearchIFSCCode

Home /IOBA0001316

IFSC Code IOBA0001316 Indian Overseas Bank Palayam Branch

Address, IFSC code, branch contact number etc of Indian Overseas Bank, Palayam Branch is given below. You may contact the branch or the Customer Care number of the bank information relating to your ifsc code IOBA0001316 bank account.

IFSC Code: IOBA0001316

234254Indian Overseas Bank PalayamIndian Overseas Bank

IFSC Code IOBA0001316 Indian Overseas Bank Palayam Branch

Bank NameIndian Overseas Bank
IFSC CodeIOBA0001316
(used for RTGS and NEFT transactions)
MICR Code 639020011
BranchPalayam
StateTamil Nadu
DistrictDindigul
City Palayam
AddressDindugal Road, Palayam, Pin 624620
Contact Phone 234254

Along with your account number, account name and account type (ie., savings or current) the following information about the branch is to be provided for fund transfer:

  • Bank Name : Indian Overseas Bank
  • Branch Name : Palayam
  • IFSC Code : IOBA0001316
  • Location : Dindigul, Tamil Nadu

Indian Financial System Code (IFSC) is a eleven digit code provided by the Reserve Bank of India (RBI) for identifying bank branches in India individually. This code is used for NEFT and RTGS.

The code consists of 11 characters. The first part is the first four alphabet characters represent the Bank. Next character is zero(0), which is reserved for use in the future. The last six characters are the branch code.

The Indian Overseas Bank IFSC code is 11 characters?
Example: IOBA0001316

  • IOBA The first four digits of the IFSC code represents the name of the Indian Overseas Bank.
  • The fifth digit is ‘zero’ (0),
  • 001316 The last 6 digits denote the name of the specific Indian Overseas Bank Palayam branch

Palayam Branch Information

Indian Financial System Code, Magnetic Ink Character Recognition, SWIFT Code, Address and Contact number of Indian Overseas Bank - Palayam branch in Dindigul district which is in the state of Tamil Nadu Branch office and ATM location.

What is Indian Overseas Bank Tamil Nadu Dindigul Palayam RTGS?

Real Time Gross Settlement (RTGS) is a fund transfer mechanism which is used to transfer money from one bank to another. This gross basis transfer happens in realtime, hence the name. Minimum amount that can be transferred through RTGS is Rs. 2,00,000. Fees to process RTGS will be applicable.

What is Indian Overseas Bank Tamil Nadu Palayam Dindigul NEFT?

National Electronic Fund Transfer (NEFT) is an online money transfer system which is supported by RBI. NEFT is used for medium and small amount transfer between accounts and banks. There is no minimum amount limit to send money via NEFT.