INDIAN OVERSEAS BANK IFSC Code – ERAL, ERAL
Complete bank details including IFSC code, MICR code, address and payment facilities for ERAL branch.
Bank Details
| Bank Name | INDIAN OVERSEAS BANK |
| Branch Name | ERAL |
| IFSC Code | IOBA0001866 |
| MICR Code | 627020063 |
| Address | 52 IST FLOOR, MAIN BAZAAR, SOOSAIAPPER STREET, ERAL 628801 |
| City | ERAL |
| District | TOOTHUKUDI |
| State | TAMIL NADU |
| Contact | 270370 |
Payment Facilities
About IFSC Code IOBA0001866
The IFSC code IOBA0001866 uniquely identifies the ERAL branch of INDIAN OVERSEAS BANK located in ERAL, 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 IOBA0001866
- 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 (001866) – Unique branch identifier for ERAL
How to Use IFSC Code IOBA0001866
To transfer money to any account at INDIAN OVERSEAS BANK ERAL branch, you will need to provide the IFSC code IOBA0001866 along with the beneficiary's account number. This code ensures your money reaches the correct branch securely.
Transfer Methods Available at ERAL
- 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 ERAL Branch
INDIAN OVERSEAS BANK ERAL is a branch of INDIAN OVERSEAS BANK located in ERAL, TAMIL NADU. The branch provides comprehensive banking services to customers in ERAL and surrounding areas.
Branch Address
52 IST FLOOR, MAIN BAZAAR, SOOSAIAPPER STREET, ERAL 628801, ERAL, 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 627020063. 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 ERAL?
The IFSC code of INDIAN OVERSEAS BANK ERAL branch in ERAL is IOBA0001866.
What is the MICR code of INDIAN OVERSEAS BANK ERAL?
The MICR code of INDIAN OVERSEAS BANK ERAL branch is 627020063.
What is the address of INDIAN OVERSEAS BANK ERAL?
INDIAN OVERSEAS BANK ERAL branch is located at 52 IST FLOOR, MAIN BAZAAR, SOOSAIAPPER STREET, ERAL 628801.
Does INDIAN OVERSEAS BANK ERAL support NEFT/RTGS/IMPS?
INDIAN OVERSEAS BANK ERAL branch supports NEFT, RTGS, IMPS, and UPI transactions.