INDIAN OVERSEAS BANK IFSC Code – SPECIALISED SME PARAMAKUDI, PARAMAGUDI
Complete bank details including IFSC code, MICR code, address and payment facilities for SPECIALISED SME PARAMAKUDI branch.
Bank Details
| Bank Name | INDIAN OVERSEAS BANK |
| Branch Name | SPECIALISED SME PARAMAKUDI |
| IFSC Code | IOBA0003731 |
| MICR Code | WAITING |
| Address | IST FLOOR 3 546 D MADURAI MANDAPAM ROAD PARAMAGUDI 623707 |
| City | PARAMAGUDI |
| District | RAMANATHAPURAM |
| State | TAMIL NADU |
| Contact | 2337760 |
Payment Facilities
About IFSC Code IOBA0003731
The IFSC code IOBA0003731 uniquely identifies the SPECIALISED SME PARAMAKUDI branch of INDIAN OVERSEAS BANK located in PARAMAGUDI, 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 IOBA0003731
- 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 (003731) – Unique branch identifier for SPECIALISED SME PARAMAKUDI
How to Use IFSC Code IOBA0003731
To transfer money to any account at INDIAN OVERSEAS BANK SPECIALISED SME PARAMAKUDI branch, you will need to provide the IFSC code IOBA0003731 along with the beneficiary's account number. This code ensures your money reaches the correct branch securely.
Transfer Methods Available at SPECIALISED SME PARAMAKUDI
- 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 SPECIALISED SME PARAMAKUDI Branch
INDIAN OVERSEAS BANK SPECIALISED SME PARAMAKUDI is a branch of INDIAN OVERSEAS BANK located in PARAMAGUDI, TAMIL NADU. The branch provides comprehensive banking services to customers in PARAMAGUDI and surrounding areas.
Branch Address
IST FLOOR 3 546 D MADURAI MANDAPAM ROAD PARAMAGUDI 623707, PARAMAGUDI, 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 WAITING. 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 SPECIALISED SME PARAMAKUDI?
The IFSC code of INDIAN OVERSEAS BANK SPECIALISED SME PARAMAKUDI branch in PARAMAGUDI is IOBA0003731.
What is the MICR code of INDIAN OVERSEAS BANK SPECIALISED SME PARAMAKUDI?
The MICR code of INDIAN OVERSEAS BANK SPECIALISED SME PARAMAKUDI branch is WAITING.
What is the address of INDIAN OVERSEAS BANK SPECIALISED SME PARAMAKUDI?
INDIAN OVERSEAS BANK SPECIALISED SME PARAMAKUDI branch is located at IST FLOOR 3 546 D MADURAI MANDAPAM ROAD PARAMAGUDI 623707.
Does INDIAN OVERSEAS BANK SPECIALISED SME PARAMAKUDI support NEFT/RTGS/IMPS?
INDIAN OVERSEAS BANK SPECIALISED SME PARAMAKUDI branch supports NEFT, RTGS, IMPS, and UPI transactions.