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 Shencottah branch in Tirunelvali, Shencottah, 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 IOBA0001394. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Indian Overseas Bank, Shencottah, Tirunelvali
The table below shows the main details of the IFSC Code IOBA0001394 for the Indian Overseas Bank branch in Tirunelvali, which falls under the Shencottah district in Tamil Nadu.
| Particulars | Details |
|---|---|
| Bank | Indian Overseas Bank |
| IFSC Code | IOBA0001394 |
| Branch | Shencottah |
| City | Tirunelvali |
| District | Shencottah |
| State | Tamil Nadu |
| Address | T S No, 123 127, Jawasharlal Main Road, Shencottah627809 |
These details are essential not only for online banking users but also for businesses and individuals who use Indian Overseas Bank in Tirunelvali for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IOBA0001394 for the Shencottah 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 Shencottah, Tirunelvali, Tamil Nadu, are allotted a unique IFSC like IOBA0001394 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Tirunelvali.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Tirunelvali and Shencottah.
- 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 Shencottah reaches the right place, even though there are thousands of branches in Tamil Nadu and across India.
Format of the IFSC Code IOBA0001394
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 Shencottah in Tirunelvali.
For example, the IFSC Code IOBA0001394 of Indian Overseas Bank for the Shencottah branch includes these elements, identifying the bank and the branch location in Tirunelvali and Tamil Nadu correctly.
How to Find IFSC Code for Indian Overseas Bank?
If you are trying to find the IFSC Code IOBA0001394 of Indian Overseas Bank for its Shencottah branch located in Tirunelvali, 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
You can easily find the IFSC and MICR codes because most banks, including Indian Overseas Bank branches in Tirunelvali and Shencottah, print them 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 Shencottah or Tirunelvali to get the exact IFSC Code IOBA0001394.
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 Tirunelvali, you'll get the correct details.
How to Use IFSC Code IOBA0001394 for Online Transfers?
Once you have the IFSC Code IOBA0001394 for the Shencottah branch of Indian Overseas Bank in Tirunelvali, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code IOBA0001394. 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 IOBA0001394.
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 Shencottah in Tirunelvali, it can 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 Shencottah, 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 Shencottah Tirunelvali branch is IOBA0001394.
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 T S No, 123 127, Jawasharlal Main Road, Shencottah627809.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.