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. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Indian Overseas Bank for its Tholassery branch in Cannur, Thiruvalla, or Kerala, this guide will help you with all the details.
There have been major changes in the banking sector in India and today, the customers of Indian Overseas Bank located in Cannur or anywhere in Kerala can transfer funds instantly by using the correct IFSC Code IOBA0001646. 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, Tholassery, Cannur
Here are some of the key details that come with the IFSC Code IOBA0001646 of Indian Overseas Bank for its branch located in Cannur, within the district of Thiruvalla in the state of Kerala.
| Particulars | Details |
|---|---|
| Bank | Indian Overseas Bank |
| IFSC Code | IOBA0001646 |
| Branch | Tholassery |
| City | Cannur |
| District | Thiruvalla |
| State | Kerala |
| Address | C S 1 Building 198 By A Tholassery Tiruvalla Pin 689101 |
These details helps users in online banking and for businesses and individuals who use Indian Overseas Bank in Cannur for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IOBA0001646 for the Tholassery branch of Indian Overseas Bank plays a vital 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 Tholassery, Cannur, Kerala, are allotted a unique IFSC like IOBA0001646 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Cannur.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Cannur and Thiruvalla.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It makes sure that money sent to Indian Overseas Bank in Tholassery reaches the right place, even though there are thousands of branches in Kerala and across India.
Format of the IFSC Code IOBA0001646
The format of the IFSC Code for banks, including Indian Overseas Bank, has 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 Tholassery in Cannur.
For example, the IFSC Code IOBA0001646 of Indian Overseas Bank for the Tholassery branch includes these elements, identifying the bank and the branch location in Cannur and Kerala correctly.
How to Find IFSC Code for Indian Overseas Bank?
If you are trying to find the IFSC Code IOBA0001646 of Indian Overseas Bank for its Tholassery branch located in Cannur, the following methods can help:
Cheque Book
The cheque books that are issued by Indian Overseas Bank include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.
Passbook
Most banks, including Indian Overseas Bank branches in Cannur and Thiruvalla, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Indian Overseas Bank and find the branch locator section. Search for Tholassery or Cannur to get the exact IFSC Code IOBA0001646.
Mobile Banking App
If you use Indian Overseas Bank's mobile app, you can easily check your account details to find your branch's IFSC code.
RBI Website
The Reserve Bank of India maintains an updated database of all IFSC codes to help you in searching for Indian Overseas Bank and Cannur that will provide accurate information.
How to Use IFSC Code IOBA0001646 for Online Transfers?
Once you have the IFSC Code IOBA0001646 for the Tholassery branch of Indian Overseas Bank in Cannur, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code IOBA0001646. Transfers are processed in batches. This is suitable for personal and business payments.
RTGS
Used for high-value payments above ₹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 IOBA0001646.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Indian Overseas Bank Tholassery in Cannur may result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for cheque clearance and differ from IFSC codes. If you are looking for the MICR code of Indian Overseas Bank in Tholassery, here are some ways to obtain 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.
Having both the IFSC and MICR codes makes it easy for account holders in Cannur to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is IOBA0001646.
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 C S 1 Building 198 By A Tholassery Tiruvalla Pin 689101 located in Cannur, Thiruvalla, Kerala.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.