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 Maharaj Ngr High Rd branch in Tirunelvali, Tirunelveli, 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 Tirunelvali or anywhere in Tamil Nadu can transfer funds instantly by using the correct IFSC Code IOBA0001385. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Indian Overseas Bank, Maharaj Ngr High Rd, Tirunelvali
The table below shows the main details of the IFSC Code IOBA0001385 for the Indian Overseas Bank branch in Tirunelvali, which falls under the Tirunelveli district in Tamil Nadu.
| Particulars | Details |
|---|---|
| Bank | Indian Overseas Bank |
| IFSC Code | IOBA0001385 |
| Branch | Maharaj Ngr High Rd |
| City | Tirunelvali |
| District | Tirunelveli |
| State | Tamil Nadu |
| Address | Plot 42, 19Th Cross Street, Maharaja Ngr, Tirunelveli |
These details helps users in online banking and for businesses and individuals who use Indian Overseas Bank in Tirunelvali for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IOBA0001385 for the Maharaj Ngr High Rd 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Indian Overseas Bank located in Maharaj Ngr High Rd, Tirunelvali, Tamil Nadu, is provided a unique IFSC like IOBA0001385 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Indian Overseas Bank branch in Tirunelvali.
- Helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any confusions between multiple branches of the same bank across different places like Tirunelvali and Tirunelveli.
- It reduces most of the errors in fund transfers and makes sure its accuracy.
- It enables sender banks to validate and confirm branch details before processing payments.
For thousands of branches across Tamil Nadu and the rest of India, the IFSC Code ensures that transactions meant for Indian Overseas Bank in Maharaj Ngr High Rd do not get misguided to another person.
Format of the IFSC Code IOBA0001385
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 Maharaj Ngr High Rd in Tirunelvali.
For example, the IFSC Code IOBA0001385 of Indian Overseas Bank for the Maharaj Ngr High Rd branch includes these elements, identifying the bank and the branch location in Tirunelvali and Tamil Nadu accurately.
How to Find IFSC Code for Indian Overseas Bank?
If you are trying to find the IFSC Code IOBA0001385 of Indian Overseas Bank for its Maharaj Ngr High Rd branch located in Tirunelvali, 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 Tirunelvali and Tirunelveli, 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 Maharaj Ngr High Rd or Tirunelvali to get the exact IFSC Code IOBA0001385.
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 Tirunelvali that will provide accurate information.
How to Use IFSC Code IOBA0001385 for Online Transfers?
Once you have the IFSC Code IOBA0001385 for the Maharaj Ngr High Rd branch of Indian Overseas Bank in Tirunelvali, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code IOBA0001385. 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 IOBA0001385.
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 Maharaj Ngr High Rd in Tirunelvali 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 Maharaj Ngr High Rd, here are some ways that 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.
If you know both IFSC and MICR codes, then it can help account holders in Tirunelvali manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Maharaj Ngr High Rd Tirunelvali branch is IOBA0001385.
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 Plot 42, 19Th Cross Street, Maharaja Ngr, Tirunelveli.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.