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IFSC Code of Indian Overseas Bank, Dr Nanjappa Road, Coimbatore, Tamil Nadu — IOBA0000419

There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Indian Overseas Bank for its Dr Nanjappa Road branch in Coimbatore, Coimbatore, Tamil Nadu, then this comprehensive guide will provide you with detailed information.

The banking system in India has changed over time, and today the customers of Indian Overseas Bank situated in Coimbatore or anywhere in Tamil Nadu can easily transfer funds instantly by using the correct IFSC Code IOBA0000419. You should 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, Dr Nanjappa Road, Coimbatore

Here are the key points that are associated with the IFSC Code IOBA0000419 of Indian Overseas Bank for its branch located in Coimbatore, within the district of Coimbatore in the state of Tamil Nadu.

Particulars Details
Bank Indian Overseas Bank
IFSC Code IOBA0000419
Branch Dr Nanjappa Road
City Coimbatore
District Coimbatore
State Tamil Nadu
Address 1St Floor, Kings Complex, Church Compound, Dr Nanjappa Road, Coimbatore - 6410018

These details are crucial, not just for online banking users but also for businesses and individuals who use Indian Overseas Bank in Coimbatore for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IOBA0000419 for the Dr Nanjappa Road 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 Dr Nanjappa Road, Coimbatore, Tamil Nadu, are allotted a unique IFSC like IOBA0000419 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Coimbatore.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Coimbatore and Coimbatore.
  • 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 Dr Nanjappa Road reaches the right place, even though there are thousands of branches in Tamil Nadu and across India.

Format of the IFSC Code IOBA0000419

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 Dr Nanjappa Road in Coimbatore.

For example, the IFSC Code IOBA0000419 of Indian Overseas Bank for the Dr Nanjappa Road branch includes these elements, identifying the bank and the branch location in Coimbatore and Tamil Nadu correctly.

How to Find IFSC Code for Indian Overseas Bank?

If you are trying to find the IFSC Code IOBA0000419 of Indian Overseas Bank for its Dr Nanjappa Road branch located in Coimbatore, the following methods can help:

Cheque Book

The cheque book issued by Indian Overseas Bank includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.

Passbook

Most banks, including Indian Overseas Bank branches in Coimbatore and Coimbatore, print the IFSC and MICR codes on the first page of your passbook.

Bank Website

Visit the official website of Indian Overseas Bank and navigate to the branch locator section. Search for Dr Nanjappa Road or Coimbatore to get the exact IFSC Code IOBA0000419.

Mobile Banking App

If you use Indian Overseas Bank's mobile app, you can check your account details to find your branch's IFSC code.

RBI Website

The Reserve Bank of India keeps an updated list of all IFSC codes. If you search for Indian Overseas Bank and Coimbatore, you'll get the correct details.

How to Use IFSC Code IOBA0000419 for Online Transfers?

If you have the IFSC Code IOBA0000419 for the Dr Nanjappa Road branch of Indian Overseas Bank in Coimbatore, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code IOBA0000419. Transfers are processed in batches. 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. Asks for the recipient's account details and Indian Overseas Bank IFSC Code IOBA0000419.

Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Indian Overseas Bank Dr Nanjappa Road in Coimbatore, it 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 Dr Nanjappa Road, 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 Coimbatore to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Indian Overseas Bank in Dr Nanjappa Road, Coimbatore?

The IFSC Code is IOBA0000419.

Is the IFSC Code IOBA0000419 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and IFSC is for online transfers.

Where can I find the IFSC Code of Indian Overseas Bank Dr Nanjappa Road?

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Dr Nanjappa Road branch?

The address of the branch is 1St Floor, Kings Complex, Church Compound, Dr Nanjappa Road, Coimbatore - 6410018 located in Coimbatore, Coimbatore, Tamil Nadu.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.

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