Indian Overseas Bank PERAIYUR Branch IFSC Code

IOBA 0002887
Indian Overseas Bank Logo Indian Overseas Bank
PERAIYUR — MADURAI, TAMIL NADU
MICR: 625020070 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
Indian Overseas Bank
Branch
PERAIYUR
IFSC Code
IOBA0002887
MICR Code
625020070
Address
TOWN PANCHAYAT BUILDING COMPOUND, INSIDE BUS STAND, PERAIYUR- 625 703
Open in Google Maps
City
MADURAI
District
PERAIYUR
State
TAMIL NADU
Contact
+914428584896

How to Use This IFSC Code

NEFT Transfer

Use IFSC code IOBA0002887 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 IOBA0002887.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code IOBA0002887.

IFSC Code Structure

I
O
B
A
0
0
0
2
8
8
7
  • IOBA — Bank code (Indian Overseas Bank)
  • 0 — Reserved (always 0)
  • 002887 — Branch code (PERAIYUR)

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Frequently Asked Questions

Is IOBA0002887 valid for online transfer?
Yes, IOBA0002887 is a valid IFSC code for Indian Overseas Bank PERAIYUR branch in MADURAI, TAMIL NADU. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does IOBA0002887 belong to?
IOBA0002887 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 PERAIYUR is 625020070. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using IOBA0002887?
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.