Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Indian Overseas Bank for its Puthencavu branch in Alapuzha, Chengannur, Kerala, then this guide will give you detailed information.
The banking system has evolved significantly in India, and today the customers of Indian Overseas Bank located in Alapuzha or anywhere in Kerala can transfer funds instantly by using the correct IFSC Code IOBA0001488. You should definitely know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for Indian Overseas Bank, Puthencavu, Alapuzha
Below in the table are the key details related to IFSC Code IOBA0001488 of Indian Overseas Bank for its branch located in Alapuzha, within the district of Chengannur in the state of Kerala.
| Particulars | Details |
|---|---|
| Bank | Indian Overseas Bank |
| IFSC Code | IOBA0001488 |
| Branch | Puthencavu |
| City | Alapuzha |
| District | Chengannur |
| State | Kerala |
| Address | St Marys Orthodox Cathe Bc Centenary Memorial Bldgs Puthencavu Chengannur |
These details are crucial, not just for online banking users but also for businesses and individuals who use Indian Overseas Bank in Alapuzha for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IOBA0001488 for the Puthencavu branch of Indian Overseas Bank has an important role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with Indian Overseas Bank located in Puthencavu, Alapuzha, Kerala, are given a unique IFSC like IOBA0001488 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Alapuzha.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents any kind of confusion between different branches of the same bank in places like Alapuzha and Chengannur.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It helps ensure that any money sent to Indian Overseas Bank in Puthencavu goes to the correct branch. This is important because Indian Overseas Bank has thousands of branches in Kerala and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code IOBA0001488
The format of the IFSC Code for banks, including Indian Overseas Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): Show the bank code. For Indian Overseas Bank, these letters represent the bank's short name.
- 5th character: Is always zero and is kept for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Puthencavu in Alapuzha.
For example, the IFSC Code IOBA0001488 of Indian Overseas Bank for the Puthencavu branch includes these elements, identifying the bank and the branch location in Alapuzha and Kerala accurately.
How to Find IFSC Code for Indian Overseas Bank?
If you are looking for the IFSC Code IOBA0001488 of Indian Overseas Bank for its Puthencavu branch located in Alapuzha, the following methods can help:
Cheque Book
The cheque book that is issued by Indian Overseas Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the banks, including Indian Overseas Bank branches in Alapuzha and Chengannur, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of Indian Overseas Bank and look for the branch locator section, then search for Puthencavu or Alapuzha to get the exact IFSC Code IOBA0001488.
Mobile Banking App
If you use Indian Overseas Bank's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Indian Overseas Bank and Alapuzha, then it will provide you proper information.
How to Use IFSC Code IOBA0001488 for Online Transfers?
Once you have the IFSC Code IOBA0001488 for the Puthencavu branch of Indian Overseas Bank in Alapuzha, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code IOBA0001488. The transfer is completed in batches. It is useful for both personal and business payments.
RTGS
Used for payments over ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. Requires the recipient's account details and Indian Overseas Bank IFSC Code IOBA0001488.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Indian Overseas Bank Puthencavu in Alapuzha, your payment can get delayed or might not go through at all.
Finding the MICR Code
MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Indian Overseas Bank in Puthencavu, here are some of the ways you can get it:
- Check the bottom of your cheque leaf.
- Refer to the first page of your passbook.
- Visit the official Indian Overseas Bank website.
- Search the RBI portal.
Knowing both IFSC and MICR code can help account holders in Alapuzha manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is IOBA0001488.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is St Marys Orthodox Cathe Bc Centenary Memorial Bldgs Puthencavu Chengannur located in Alapuzha, Chengannur, Kerala.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.