The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Indian Overseas Bank for its Thirumuruganpoondi branch in Coimbatore, Tirupur, Tamil Nadu, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of Indian Overseas Bank located in Coimbatore or anywhere in Tamil Nadu can transfer funds instantly by using the correct IFSC Code IOBA0003405. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Indian Overseas Bank, Thirumuruganpoondi, Coimbatore
The table below shows the main details of the IFSC Code IOBA0003405 for the Indian Overseas Bank branch in Coimbatore, which falls under the Tirupur district in Tamil Nadu.
| Particulars | Details |
|---|---|
| Bank | Indian Overseas Bank |
| IFSC Code | IOBA0003405 |
| Branch | Thirumuruganpoondi |
| City | Coimbatore |
| District | Tirupur |
| State | Tamil Nadu |
| Address | 2 By 298 By 5,Radhakrishna Street,Ammapalayam,Anupparpalayam Post,Tiruppur 641652 |
These details are important not only for users using online banking but also for businesses and individuals who use Indian Overseas Bank in Coimbatore for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code IOBA0003405 for the Thirumuruganpoondi branch of Indian Overseas Bank is vital.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like IOBA0003405 is given to every bank branch, including Indian Overseas Bank located in Thirumuruganpoondi, Coimbatore, Tamil Nadu, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the Indian Overseas Bank branch in Coimbatore.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any kind of confusion between multiple branches of the same bank across different places like Coimbatore and Tirupur.
- It removes errors in fund transfers and improves accuracy.
- It lets the sender banks validate and confirm branch details before they process the payments.
There are thousands of branches across Tamil Nadu and the rest of India, which is why the IFSC Code ensures that transactions meant for Indian Overseas Bank in Thirumuruganpoondi doesn't end up at another location.
Format of the IFSC Code IOBA0003405
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): These represent the bank code. In Indian Overseas Bank, they are a short identifier for the bank.
- 5th character (0): This is always zero and is reserved for future use.
- Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Thirumuruganpoondi in Coimbatore.
For example, the IFSC Code IOBA0003405 of Indian Overseas Bank for the Thirumuruganpoondi branch has these elements, identifying the bank and the branch location in Coimbatore and Tamil Nadu correctly.
How to Find IFSC Code for Indian Overseas Bank?
To find the IFSC Code IOBA0003405 of Indian Overseas Bank for its Thirumuruganpoondi branch located in Coimbatore, the following methods can help you out:
Cheque Book
The cheque book issued by Indian Overseas Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including Indian Overseas Bank branches in Coimbatore and Tirupur, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Indian Overseas Bank and go to the branch locator section. Then search for Thirumuruganpoondi or Coimbatore to find the exact IFSC Code IOBA0003405.
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 maintains an updated database of all IFSC codes. Searching for Indian Overseas Bank and Coimbatore will provide accurate information.
How to Use IFSC Code IOBA0003405 for Online Transfers?
Once you have the IFSC Code IOBA0003405 for the Thirumuruganpoondi branch of Indian Overseas Bank in Coimbatore, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code IOBA0003405. The transfer is completed in batches instead of instantly. It is useful for both 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 IOBA0003405.
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 Thirumuruganpoondi in Coimbatore, 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 Thirumuruganpoondi, 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 Coimbatore manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is IOBA0003405.
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 2 By 298 By 5,Radhakrishna Street,Ammapalayam,Anupparpalayam Post,Tiruppur 641652 located in Coimbatore, Tirupur, Tamil Nadu.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.