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IOBA0000241: Indian Overseas Bank, Velampalayam

IOBA0000241 is the IFSC code of the Velampalayam branch of Indian Overseas Bank in Coimbotore, Tamil Nadu. Use it to send money to accounts at this branch by NEFT, RTGS or IMPS.

IFSC code
IOBA0000241
Branch
Velampalayam
MICR code
641020104
Address
SF No 436,Periyar Colony,Annuparpalayam,Tiruppur
City
Coimbotore (district Tirupur)
State
Tamil Nadu
Phone
2257312
Transfers
NEFT availableRTGS availableIMPS availableUPI available

What IOBA0000241 means

  • IOBA: the bank, Indian Overseas Bank
  • 0: always zero, kept for future use
  • 000241: the Velampalayam branch

To send money, add the account number, the account holder's name and IOBA0000241 as a payee in your banking app. NEFT and IMPS work round the clock; RTGS is for ₹2 lakh or more.

Other Indian Overseas Bank branches in Coimbotore

All Indian Overseas Bank branches in Coimbotore

Other banks in Coimbotore

Frequently asked questions

Which bank and branch is IOBA0000241?

IOBA0000241 belongs to Indian Overseas Bank, Velampalayam branch, SF No 436,Periyar Colony,Annuparpalayam,Tiruppur.

What is the MICR code of Indian Overseas Bank, Velampalayam?

The MICR code is 641020104. It is printed at the bottom of cheques from this branch.

Can I use IOBA0000241 for RTGS and IMPS?

NEFT, RTGS, IMPS transfers are enabled for this branch.

Sources

Last checked on 19 September 2026. IFSC data comes from RBI’s list, refreshed monthly. Banks sometimes merge or move branches; confirm the code on your cheque book or with your bank before a large transfer.