Indian Overseas Bank SALEM SHEVAPET Branch IFSC Code

IOBA 0000149
Indian Overseas Bank Logo Indian Overseas Bank
SALEM SHEVAPET — SALEM, TAMIL NADU
MICR: 636020006 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
Indian Overseas Bank
Branch
SALEM SHEVAPET
IFSC Code
IOBA0000149
MICR Code
636020006
Address
720 FORT MAIN ROAD, SHEVAPET, SALEM PIN 636002
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City
SALEM
District
SALEM
State
TAMIL NADU
Contact
2212239

How to Use This IFSC Code

NEFT Transfer

Use IFSC code IOBA0000149 to send money via NEFT to this branch. NEFT transfers are processed in hourly batches during working hours. No minimum amount required.

RTGS Transfer

This branch supports RTGS for high-value instant transfers above ₹2 lakhs. Use the same IFSC code IOBA0000149.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code IOBA0000149.

IFSC Code Structure

I
O
B
A
0
0
0
0
1
4
9
  • IOBA — Bank code (Indian Overseas Bank)
  • 0 — Reserved (always 0)
  • 000149 — Branch code (SALEM SHEVAPET)

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Frequently Asked Questions

Is IOBA0000149 valid for online transfer?
Yes, IOBA0000149 is a valid IFSC code for Indian Overseas Bank SALEM SHEVAPET branch in SALEM, TAMIL NADU. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does IOBA0000149 belong to?
IOBA0000149 belongs to Indian Overseas Bank. The first 4 characters "IOBA" identify the bank.
What is the MICR code for this branch?
The MICR code for Indian Overseas Bank SALEM SHEVAPET is 636020006. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using IOBA0000149?
Yes, this branch supports RTGS (Real Time Gross Settlement). RTGS is used for high-value instant transfers above ₹2 lakhs. Available on working days during RBI specified hours.