Indian Overseas Bank KORANATTU KARUPPUR Branch IFSC Code
IOBA 0001216
Indian Overseas Bank KORANATTU KARUPPUR — SALEM, TAMIL NADU
MICR: 612020012
RTGS: ✓
NEFT: ✓
IMPS: ✓
UPI: ✓
Branch Details
- Bank
- Indian Overseas Bank
- Branch
- KORANATTU KARUPPUR
- IFSC Code
- IOBA0001216
- MICR Code
- 612020012
- City
- SALEM
- District
- KARUPPUR III
- State
- TAMIL NADU
- Contact
- 2442395
How to Use This IFSC Code
NEFT Transfer
Use IFSC code IOBA0001216 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 IOBA0001216.
IMPS Transfer
IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code IOBA0001216.
IFSC Code Structure
I
O
B
A
0
0
0
1
2
1
6
- IOBA — Bank code (Indian Overseas Bank)
- 0 — Reserved (always 0)
- 001216 — Branch code (KORANATTU KARUPPUR)
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 IOBA0001216 valid for online transfer?
Yes, IOBA0001216 is a valid IFSC code for Indian Overseas Bank KORANATTU KARUPPUR branch in SALEM, TAMIL NADU. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does IOBA0001216 belong to?
IOBA0001216 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 KORANATTU KARUPPUR is 612020012. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using IOBA0001216?
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.