Indian Overseas Bank PALLAPALAYAM Branch IFSC Code

IOBA 0002716
Indian Overseas Bank Logo Indian Overseas Bank
PALLAPALAYAM — COIMBATORE, TAMIL NADU
MICR: 641020058 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
Indian Overseas Bank
Branch
PALLAPALAYAM
IFSC Code
IOBA0002716
MICR Code
641020058
Address
152 A TRICHY ROAD L AND T BYE PASS NEAR SARASWATHI HOSPITAL CHINTHAMANIPUDUR COIMBATORE 641013
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City
COIMBATORE
District
COIMBATORE
State
TAMIL NADU
Contact
+914428584896

How to Use This IFSC Code

NEFT Transfer

Use IFSC code IOBA0002716 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 IOBA0002716.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code IOBA0002716.

IFSC Code Structure

I
O
B
A
0
0
0
2
7
1
6
  • IOBA — Bank code (Indian Overseas Bank)
  • 0 — Reserved (always 0)
  • 002716 — Branch code (PALLAPALAYAM)

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Frequently Asked Questions

Is IOBA0002716 valid for online transfer?
Yes, IOBA0002716 is a valid IFSC code for Indian Overseas Bank PALLAPALAYAM branch in COIMBATORE, TAMIL NADU. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does IOBA0002716 belong to?
IOBA0002716 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 PALLAPALAYAM is 641020058. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using IOBA0002716?
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.