Indian Overseas Bank KURUDAMPALAYAM Branch IFSC Code

IOBA 0000616
Indian Overseas Bank Logo Indian Overseas Bank
KURUDAMPALAYAM — COIMBATORE, TAMIL NADU
MICR: 641020015 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
Indian Overseas Bank
Branch
KURUDAMPALAYAM
IFSC Code
IOBA0000616
MICR Code
641020015
Address
4A BY 328,NGGO COLONY,KURUDAMPALAYAM,COIMBATORE
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City
COIMBATORE
District
COIMBATORE
State
TAMIL NADU
Contact
2642332

How to Use This IFSC Code

NEFT Transfer

Use IFSC code IOBA0000616 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 IOBA0000616.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code IOBA0000616.

IFSC Code Structure

I
O
B
A
0
0
0
0
6
1
6
  • IOBA — Bank code (Indian Overseas Bank)
  • 0 — Reserved (always 0)
  • 000616 — Branch code (KURUDAMPALAYAM)

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Frequently Asked Questions

Is IOBA0000616 valid for online transfer?
Yes, IOBA0000616 is a valid IFSC code for Indian Overseas Bank KURUDAMPALAYAM branch in COIMBATORE, TAMIL NADU. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does IOBA0000616 belong to?
IOBA0000616 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 KURUDAMPALAYAM is 641020015. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using IOBA0000616?
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.