Indian Overseas Bank, Palayam branch

Dindigul, Palayam district, Tamil Nadu

IFSC code
IOBA0001316
MICR code
639020011
Branch code
001316

Branch details

BankIndian Overseas Bank
BranchPalayam
IFSC codeIOBA0001316
MICR code639020011
AddressNO 412/6A - 3, TRICHY MAIN ROAD, PALAYAM - 624 620 (map)
PIN code624620
CityDindigul
DistrictPalayam
StateTamil Nadu
Phone234254
NEFTYes
RTGSYes
IMPSYes
UPIYes

How to use IFSC IOBA0001316

To send money to an account at the Indian Overseas Bank Palayam branch, add the beneficiary in your net banking or banking app with their account number, name and the IFSC code IOBA0001316, then pay by NEFT, RTGS or IMPS.

  • NEFT — any amount, settled in half-hourly batches, available 24×7.
  • RTGS — for ₹2 lakh and above, settled instantly.
  • IMPS — instant transfer up to ₹5 lakh, available 24×7.

In IOBA0001316, IOBA identifies Indian Overseas Bank, the 5th character is always 0, and 001316 identifies this branch. The MICR code 639020011 is printed at the bottom of cheques issued by the branch.

Frequently asked questions

What is the IFSC code of Indian Overseas Bank Palayam branch?

The IFSC code of Indian Overseas Bank, Palayam branch (Palayam, Tamil Nadu) is IOBA0001316.

What is the MICR code of Indian Overseas Bank Palayam?

The MICR code of this branch is 639020011.

Does Indian Overseas Bank Palayam support RTGS and IMPS?

RTGS: yes. IMPS: yes. NEFT: yes.