Indian Overseas Bank VELANGANNI Branch IFSC Code

IOBA 0000244
Indian Overseas Bank Logo Indian Overseas Bank
VELANGANNI — NAGAPATTINAM, TAMIL NADU
MICR: 611020028 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
Indian Overseas Bank
Branch
VELANGANNI
IFSC Code
IOBA0000244
MICR Code
611020028
Address
200,MAIN ROAD,VELANGANNI PIN 611111
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City
NAGAPATTINAM
District
VELANGANNI
State
TAMIL NADU
Contact
263422

How to Use This IFSC Code

NEFT Transfer

Use IFSC code IOBA0000244 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 IOBA0000244.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code IOBA0000244.

IFSC Code Structure

I
O
B
A
0
0
0
0
2
4
4
  • IOBA — Bank code (Indian Overseas Bank)
  • 0 — Reserved (always 0)
  • 000244 — Branch code (VELANGANNI)

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Frequently Asked Questions

Is IOBA0000244 valid for online transfer?
Yes, IOBA0000244 is a valid IFSC code for Indian Overseas Bank VELANGANNI branch in NAGAPATTINAM, TAMIL NADU. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does IOBA0000244 belong to?
IOBA0000244 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 VELANGANNI is 611020028. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using IOBA0000244?
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.