Indian Overseas Bank VEERANAM Branch IFSC Code

IOBA 0000987
Indian Overseas Bank Logo Indian Overseas Bank
VEERANAM — TIRUNELVALI, TAMIL NADU
MICR: 627020050 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
Indian Overseas Bank
Branch
VEERANAM
IFSC Code
IOBA0000987
MICR Code
627020050
Address
4 BY 1 C MAIN ROAD VEERANAM PIN 627866
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City
TIRUNELVALI
District
VEERANAM
State
TAMIL NADU
Contact
277132

How to Use This IFSC Code

NEFT Transfer

Use IFSC code IOBA0000987 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 IOBA0000987.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code IOBA0000987.

IFSC Code Structure

I
O
B
A
0
0
0
0
9
8
7
  • IOBA — Bank code (Indian Overseas Bank)
  • 0 — Reserved (always 0)
  • 000987 — Branch code (VEERANAM)

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Frequently Asked Questions

Is IOBA0000987 valid for online transfer?
Yes, IOBA0000987 is a valid IFSC code for Indian Overseas Bank VEERANAM branch in TIRUNELVALI, TAMIL NADU. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does IOBA0000987 belong to?
IOBA0000987 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 VEERANAM is 627020050. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using IOBA0000987?
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.