Indian Overseas Bank PARAVAI Branch IFSC Code

IOBA 0002880
Indian Overseas Bank Logo Indian Overseas Bank
PARAVAI — MADURAI, TAMIL NADU
MICR: 625020068 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
Indian Overseas Bank
Branch
PARAVAI
IFSC Code
IOBA0002880
MICR Code
625020068
Address
NO 6, AMMAN KOIL STREET, PARAVAI, MADURAI - 625 402
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City
MADURAI
District
MADURAI
State
TAMIL NADU
Contact
+914428584896

How to Use This IFSC Code

NEFT Transfer

Use IFSC code IOBA0002880 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 IOBA0002880.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code IOBA0002880.

IFSC Code Structure

I
O
B
A
0
0
0
2
8
8
0
  • IOBA — Bank code (Indian Overseas Bank)
  • 0 — Reserved (always 0)
  • 002880 — Branch code (PARAVAI)

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Frequently Asked Questions

Is IOBA0002880 valid for online transfer?
Yes, IOBA0002880 is a valid IFSC code for Indian Overseas Bank PARAVAI branch in MADURAI, TAMIL NADU. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does IOBA0002880 belong to?
IOBA0002880 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 PARAVAI is 625020068. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using IOBA0002880?
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.