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 Alathur branch in Thanjavur, Pattukottai, Tamil Nadu, 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 Thanjavur or anywhere in Tamil Nadu can transfer funds instantly by using the correct IFSC Code IOBA0002296. 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, Alathur, Thanjavur
Here are the key points that are associated with the IFSC Code IOBA0002296 of Indian Overseas Bank for its branch located in Thanjavur, within the district of Pattukottai in the state of Tamil Nadu.
| Particulars | Details |
|---|---|
| Bank | Indian Overseas Bank |
| IFSC Code | IOBA0002296 |
| Branch | Alathur |
| City | Thanjavur |
| District | Pattukottai |
| State | Tamil Nadu |
| Address | 3 By 308 By 1A,First Floor,Main Road,Pattukottai Taluk 614901 |
These details are essential not only for online banking users but also for businesses and individuals who use Indian Overseas Bank in Thanjavur for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IOBA0002296 for the Alathur branch of Indian Overseas Bank plays 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 Alathur, Thanjavur, Tamil Nadu, are given a unique IFSC like IOBA0002296 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Thanjavur.
- 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 Thanjavur and Pattukottai.
- 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 Alathur goes to the correct branch. This is important because Indian Overseas Bank has thousands of branches in Tamil Nadu and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code IOBA0002296
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 Alathur in Thanjavur.
For example, the IFSC Code IOBA0002296 of Indian Overseas Bank for the Alathur branch includes these elements, identifying the bank and the branch location in Thanjavur and Tamil Nadu correctly.
How to Find IFSC Code for Indian Overseas Bank?
To find the IFSC Code IOBA0002296 of Indian Overseas Bank for its Alathur branch located in Thanjavur, 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 Thanjavur and Pattukottai, 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 Alathur or Thanjavur to find the exact IFSC Code IOBA0002296.
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 Thanjavur will provide accurate information.
How to Use IFSC Code IOBA0002296 for Online Transfers?
Once you have the IFSC Code IOBA0002296 for the Alathur branch of Indian Overseas Bank in Thanjavur, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code IOBA0002296. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. You need the recipient's account details and Indian Overseas Bank IFSC Code IOBA0002296.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Indian Overseas Bank Alathur in Thanjavur, it can result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Indian Overseas Bank in Alathur, you can find it by any of the following ways:
- Check the bottom of your cheque leaf.
- Go to the first page of your passbook.
- Visit the official Indian Overseas Bank website.
- Search the RBI portal.
Having both IFSC and MICR codes helps account holders in Thanjavur manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Alathur Thanjavur branch is IOBA0002296.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at 3 By 308 By 1A,First Floor,Main Road,Pattukottai Taluk 614901.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.