INDIAN OVERSEAS BANKVerified Feb 2026

INDIAN OVERSEAS BANK IFSC Code – KORANATTU KARUPPUR, KARUPPUR I&II

Complete bank details including IFSC code, MICR code, address and payment facilities for KORANATTU KARUPPUR branch.

IFSC Code
IOBA0001216

Bank Details

Bank NameINDIAN OVERSEAS BANK
Branch NameKORANATTU KARUPPUR
IFSC CodeIOBA0001216
MICR Code612020012
Address5 BY 12371 MADINA STREET,KORANATTU KARUPPUR,PIN 612501
CityKARUPPUR I&II
DistrictSALEM
StateTAMIL NADU
Contact2442395

Payment Facilities

NEFT
Available
RTGS
Available
IMPS
Available
UPI
Available

About IFSC Code IOBA0001216

The IFSC code IOBA0001216 uniquely identifies the KORANATTU KARUPPUR branch of INDIAN OVERSEAS BANK located in KARUPPUR I&II, TAMIL NADU. This 11-character alphanumeric code is essential for all electronic fund transfers in India including NEFT, RTGS, IMPS, and UPI transactions.

Understanding IFSC Code IOBA0001216

  • First 4 characters (IOBA) – Represents INDIAN OVERSEAS BANK bank code assigned by RBI
  • 5th character (0) – Reserved for future use (always 0)
  • Last 6 characters (001216) – Unique branch identifier for KORANATTU KARUPPUR

How to Use IFSC Code IOBA0001216

To transfer money to any account at INDIAN OVERSEAS BANK KORANATTU KARUPPUR branch, you will need to provide the IFSC code IOBA0001216 along with the beneficiary's account number. This code ensures your money reaches the correct branch securely.

Transfer Methods Available at KORANATTU KARUPPUR

  • NEFT (National Electronic Funds Transfer) – Settled in batches, available 24x7 on all days
  • RTGS (Real Time Gross Settlement) – For high-value transactions (₹2 lakh and above), real-time transfer
  • IMPS (Immediate Payment Service) – Instant transfer up to ₹5 lakh, available 24x7
  • UPI (Unified Payments Interface) – Instant mobile payments using VPA/UPI ID

About INDIAN OVERSEAS BANK KORANATTU KARUPPUR Branch

INDIAN OVERSEAS BANK KORANATTU KARUPPUR is a branch of INDIAN OVERSEAS BANK located in KARUPPUR I&II, TAMIL NADU. The branch provides comprehensive banking services to customers in KARUPPUR I&II and surrounding areas.

Branch Address

5 BY 12371 MADINA STREET,KORANATTU KARUPPUR,PIN 612501, KARUPPUR I&II, TAMIL NADU

Services Available

This branch offers various banking services including savings accounts, current accounts, fixed deposits, recurring deposits, loans, locker facilities, and digital banking services. Customers can also avail services like demand drafts, pay orders, and foreign exchange (subject to branch authorization).

MICR Code Information

The MICR (Magnetic Ink Character Recognition) code for this branch is 612020012. MICR code is a 9-digit code used for cheque clearing and identifies the bank, branch, and city. It is printed on cheques using magnetic ink for machine reading.

Important Information

Transfer Timings

  • NEFT: 24x7, 365 days (Settled in half-hourly batches)
  • RTGS: 24x7, 365 days (Real-time for ₹2L+)
  • IMPS: 24x7, 365 days (Instant)
  • UPI: 24x7, 365 days (Instant)

Verification Tips

  • Always verify IFSC code before transferring money
  • Cross-check with bank passbook or cheque book
  • IFSC codes may change after bank mergers
  • Contact branch for latest information

Frequently Asked Questions

What is the IFSC code of INDIAN OVERSEAS BANK KORANATTU KARUPPUR?

The IFSC code of INDIAN OVERSEAS BANK KORANATTU KARUPPUR branch in KARUPPUR I&II is IOBA0001216.

What is the MICR code of INDIAN OVERSEAS BANK KORANATTU KARUPPUR?

The MICR code of INDIAN OVERSEAS BANK KORANATTU KARUPPUR branch is 612020012.

What is the address of INDIAN OVERSEAS BANK KORANATTU KARUPPUR?

INDIAN OVERSEAS BANK KORANATTU KARUPPUR branch is located at 5 BY 12371 MADINA STREET,KORANATTU KARUPPUR,PIN 612501.

Does INDIAN OVERSEAS BANK KORANATTU KARUPPUR support NEFT/RTGS/IMPS?

INDIAN OVERSEAS BANK KORANATTU KARUPPUR branch supports NEFT, RTGS, IMPS, and UPI transactions.