Indian Overseas Bank VELLALAGUNDAM Branch IFSC Code
IOBA 0001159
Indian Overseas Bank VELLALAGUNDAM — SALEM, TAMIL NADU
MICR: 636020034
RTGS: ✓
NEFT: ✓
IMPS: ✓
UPI: ✓
Branch Details
- Bank
- Indian Overseas Bank
- Branch
- VELLALAGUNDAM
- IFSC Code
- IOBA0001159
- MICR Code
- 636020034
- City
- SALEM
- District
- VELLALAKUNDAM
- State
- TAMIL NADU
- Contact
- 2488737
How to Use This IFSC Code
NEFT Transfer
Use IFSC code IOBA0001159 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 IOBA0001159.
IMPS Transfer
IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code IOBA0001159.
IFSC Code Structure
I
O
B
A
0
0
0
1
1
5
9
- IOBA — Bank code (Indian Overseas Bank)
- 0 — Reserved (always 0)
- 001159 — Branch code (VELLALAGUNDAM)
Nearby Indian Overseas Bank Branches in SALEM
SALEM MAIN
IOBA0000080
16 BY 17, CAR STREET, SALEM, PIN 636001
MICR: 636020002 RTGS ✓ NEFT ✓ IMPS ✓
SALEM SHEVAPET
IOBA0000149
720 FORT MAIN ROAD, SHEVAPET, SALEM PIN 636002
MICR: 636020006 RTGS ✓ NEFT ✓ IMPS ✓
METTUR
IOBA0000156
3 RAMAN NAGAR, METTUR SALEM ROAD,METTUR DAM PIN 636403
MICR: 636020015 RTGS ✓ NEFT ✓ IMPS ✓
SURAMANGALAM
IOBA0000246
4, SUBRAMANIA NGR II JUNCTION MAIN RD, SURAMANGALAM, SALEM
MICR: 636020007 RTGS ✓ NEFT ✓ IMPS ✓
KANJAMALAI
IOBA0000379
ENYEM COMPLEX MAJRA KOLLAPATTI PIN 636030
MICR: 636020004 RTGS ✓ NEFT ✓ IMPS ✓
Frequently Asked Questions
Is IOBA0001159 valid for online transfer?
Yes, IOBA0001159 is a valid IFSC code for Indian Overseas Bank VELLALAGUNDAM branch in SALEM, TAMIL NADU. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does IOBA0001159 belong to?
IOBA0001159 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 VELLALAGUNDAM is 636020034. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using IOBA0001159?
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.