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Indian Overseas Bank · Salem

IOBA0002771: Indian Overseas Bank, Karuppur

IFSC code IOBA0002771 belongs to the Karuppur branch of Indian Overseas Bank in Salem, Tamil Nadu. Its MICR code is 636020038.

IFSC
IOBA0002771
MICR
636020038
Bank
Indian Overseas Bank
Branch
Karuppur
District
Salem
State
Tamil Nadu
Phone
+914428584896

Branch address

Indian Overseas Bank
165by1 C,Near Rajam Hospital,Karuppur 636012

Open in a map · Pincode 636012: post offices and area

Payment systems

SystemOn RBI's list for this branchWhat it is for
NEFTYesTransfers of any amount, settled in half-hourly batches, all day
RTGSYesLarge transfers (₹2 lakh and above), settled one by one in real time
IMPSYesInstant transfers, any time, usually for smaller amounts
UPIYesPayments by UPI ID or mobile number from apps

Reading this IFSC

IOBA is Indian Overseas Bank's bank code, the fifth character 0 is kept for future use, and 002771 is the code of the Karuppur branch. In the MICR code 636020038, 636 is the city, 020 the bank and 038 the branch.

Other Indian Overseas Bank branches in Salem

All 34 Indian Overseas Bank branches in Salem

IFSC and your loan

When you take a loan through Oxon Fintech, the lending partner (a bank or NBFC) pays the money straight into your own bank account, so the application asks for your account number and its IFSC. Check both against your passbook or cheque book: a wrong IFSC can delay the payment. Oxon never asks for your OTP, PIN, CVV or passwords.

Data: the Reserve Bank of India's list of NEFT and RTGS bank branches, as compiled by Razorpay's open-source IFSC dataset. Bank details change from time to time (branches merge, move or close); confirm the IFSC with your bank or on your cheque book before you send money. Oxon Fintech is a loan platform, not a bank, and is not linked to the banks listed.

01 FAQ

Common questions.

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  1. The IFSC of Indian Overseas Bank's Karuppur branch (Salem, Tamil Nadu) is IOBA0002771.

  2. 636020038. MICR is printed at the bottom of the branch's cheques.

  3. 165by1 C,Near Rajam Hospital,Karuppur 636012

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC IOBA0002771 with the beneficiary's account number.

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