Indian Overseas Bank MODACHUR Branch IFSC Code

IOBA 0000654
Indian Overseas Bank Logo Indian Overseas Bank
MODACHUR — ERODE, TAMIL NADU
MICR: 638020021 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
Indian Overseas Bank
Branch
MODACHUR
IFSC Code
IOBA0000654
MICR Code
638020021
Address
1 B,MILL RD,MODACHUR,GOPICHETTIPALAYAM 638476
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City
ERODE
District
GOBICHETTIPALAYAM
State
TAMIL NADU
Contact
222954

How to Use This IFSC Code

NEFT Transfer

Use IFSC code IOBA0000654 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 IOBA0000654.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code IOBA0000654.

IFSC Code Structure

I
O
B
A
0
0
0
0
6
5
4
  • IOBA — Bank code (Indian Overseas Bank)
  • 0 — Reserved (always 0)
  • 000654 — Branch code (MODACHUR)

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Frequently Asked Questions

Is IOBA0000654 valid for online transfer?
Yes, IOBA0000654 is a valid IFSC code for Indian Overseas Bank MODACHUR branch in ERODE, TAMIL NADU. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does IOBA0000654 belong to?
IOBA0000654 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 MODACHUR is 638020021. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using IOBA0000654?
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.