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 Manavala Nagar branch in Tiruvarur, Manavalanallur, 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 Tiruvarur or anywhere in Tamil Nadu can easily transfer funds instantly by using the correct IFSC Code IOBA0000577. 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, Manavala Nagar, Tiruvarur
Here are the main details that are associated with the IFSC Code IOBA0000577 of Indian Overseas Bank for its branch located in Tiruvarur, within the district of Manavalanallur in the state of Tamil Nadu.
| Particulars | Details |
|---|---|
| Bank | Indian Overseas Bank |
| IFSC Code | IOBA0000577 |
| Branch | Manavala Nagar |
| City | Tiruvarur |
| District | Manavalanallur |
| State | Tamil Nadu |
| Address | 28, Poonamalle High Road, Manavala Nagar, Tiruvellur Pin 602002 |
These details help users in online banking and for businesses and individuals who use Indian Overseas Bank in Tiruvarur for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IOBA0000577 for the Manavala Nagar branch of Indian Overseas Bank has a very 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, including Indian Overseas Bank located in Manavala Nagar, Tiruvarur, Tamil Nadu, is provided with a unique IFSC like IOBA0000577 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Indian Overseas Bank branch in Tiruvarur.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any errors or confusions between multiple branches of the same bank across different places like Tiruvarur and Manavalanallur.
- It reduces errors in fund transfers and improves accuracy.
- It allows sender banks to validate and confirm branch details before processing payments.
There are thousands of branches across Tamil Nadu and the rest of India and the IFSC Code ensures that transactions meant for Indian Overseas Bank in Manavala Nagar do not get mixed with another location.
Format of the IFSC Code IOBA0000577
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 Manavala Nagar in Tiruvarur.
For example, the IFSC Code IOBA0000577 of Indian Overseas Bank for the Manavala Nagar branch includes these elements, identifying the bank and the branch location in Tiruvarur and Tamil Nadu accurately.
How to Find IFSC Code for Indian Overseas Bank?
If you are trying to find the IFSC Code IOBA0000577 of Indian Overseas Bank for its Manavala Nagar branch located in Tiruvarur, 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 Tiruvarur and Manavalanallur, 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 Manavala Nagar or Tiruvarur to get the exact IFSC Code IOBA0000577.
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 Tiruvarur, you'll get the correct details.
How to Use IFSC Code IOBA0000577 for Online Transfers?
Once you have the IFSC Code IOBA0000577 for the Manavala Nagar branch of Indian Overseas Bank in Tiruvarur, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code IOBA0000577. 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 IOBA0000577.
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 Manavala Nagar in Tiruvarur, your payment can get delayed or might not go through at all.
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 Manavala Nagar, 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 Tiruvarur to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is IOBA0000577.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is 28, Poonamalle High Road, Manavala Nagar, Tiruvellur Pin 602002 located in Tiruvarur, Manavalanallur, Tamil Nadu.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.