Indian Overseas Bank AVALPOONTHURAI Branch IFSC Code

IOBA 0002316
Indian Overseas Bank Logo Indian Overseas Bank
AVALPOONTHURAI — ERODE, TAMIL NADU
MICR: 638020028 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
Indian Overseas Bank
Branch
AVALPOONTHURAI
IFSC Code
IOBA0002316
MICR Code
638020028
Address
40,EASWARAN KOIL STREET MAIN ROAD,AVALPOONTHURAI 638 115
Open in Google Maps
City
ERODE
District
AVALPOONDURAI
State
TAMIL NADU
Contact
2331165

How to Use This IFSC Code

NEFT Transfer

Use IFSC code IOBA0002316 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 IOBA0002316.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code IOBA0002316.

IFSC Code Structure

I
O
B
A
0
0
0
2
3
1
6
  • IOBA — Bank code (Indian Overseas Bank)
  • 0 — Reserved (always 0)
  • 002316 — Branch code (AVALPOONTHURAI)

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Frequently Asked Questions

Is IOBA0002316 valid for online transfer?
Yes, IOBA0002316 is a valid IFSC code for Indian Overseas Bank AVALPOONTHURAI branch in ERODE, TAMIL NADU. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does IOBA0002316 belong to?
IOBA0002316 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 AVALPOONTHURAI is 638020028. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using IOBA0002316?
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.