Indian Overseas Bank KOLLAMPALAYAM Branch IFSC Code

IOBA 0001594
Indian Overseas Bank Logo Indian Overseas Bank
KOLLAMPALAYAM — ERODE, TAMIL NADU
MICR: 638020007 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
Indian Overseas Bank
Branch
KOLLAMPALAYAM
IFSC Code
IOBA0001594
MICR Code
638020007
Address
KOLLAMPALAYAM, ERODE, KOLLAMPALAYAM638002
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City
ERODE
District
ERODE
State
TAMIL NADU
Contact
351730

How to Use This IFSC Code

NEFT Transfer

Use IFSC code IOBA0001594 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 IOBA0001594.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code IOBA0001594.

IFSC Code Structure

I
O
B
A
0
0
0
1
5
9
4
  • IOBA — Bank code (Indian Overseas Bank)
  • 0 — Reserved (always 0)
  • 001594 — Branch code (KOLLAMPALAYAM)

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Frequently Asked Questions

Is IOBA0001594 valid for online transfer?
Yes, IOBA0001594 is a valid IFSC code for Indian Overseas Bank KOLLAMPALAYAM branch in ERODE, TAMIL NADU. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does IOBA0001594 belong to?
IOBA0001594 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 KOLLAMPALAYAM is 638020007. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using IOBA0001594?
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.