Indian Overseas Bank JAWAHAR BAZAAR Branch IFSC Code

IOBA 0001861
Indian Overseas Bank Logo Indian Overseas Bank
JAWAHAR BAZAAR — ERODE, TAMIL NADU
MICR: 639020013 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
Indian Overseas Bank
Branch
JAWAHAR BAZAAR
IFSC Code
IOBA0001861
MICR Code
639020013
Address
MUNICIPAL COMPLEX,AZAD ROAD,KARUR,PIN 639001
Open in Google Maps
City
ERODE
District
KARUR
State
TAMIL NADU
Contact
+914324262628

How to Use This IFSC Code

NEFT Transfer

Use IFSC code IOBA0001861 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 IOBA0001861.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code IOBA0001861.

IFSC Code Structure

I
O
B
A
0
0
0
1
8
6
1
  • IOBA — Bank code (Indian Overseas Bank)
  • 0 — Reserved (always 0)
  • 001861 — Branch code (JAWAHAR BAZAAR)

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Frequently Asked Questions

Is IOBA0001861 valid for online transfer?
Yes, IOBA0001861 is a valid IFSC code for Indian Overseas Bank JAWAHAR BAZAAR branch in ERODE, TAMIL NADU. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does IOBA0001861 belong to?
IOBA0001861 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 JAWAHAR BAZAAR is 639020013. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using IOBA0001861?
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.