If you are searching for the IFSC code of Indian Overseas Bank, KARINGANNUR branch in AYOOR, KERALA, this page has every detail you need. The verified IFSC code for this branch is IOBA0001157. You can use it for NEFT, RTGS and IMPS fund transfers, online banking add-payee actions, UPI mandates and any other electronic payment request that asks for an Indian Financial System Code. The information on this page is curated specifically for customers, remitters, employers and businesses who need to credit funds to an account maintained at this branch, and it is structured so you can find what you need within a few seconds of landing here.
You will see the complete branch address, the area STD code and phone number, the city and state, the day-to-day banking services that are typically offered at the KARINGANNUR branch, and detailed step-by-step guides for using the IFSC IOBA0001157 across NEFT, RTGS and IMPS rails. A frequently-asked-questions section at the end answers the most common queries we receive about this particular branch.
The Indian Financial System Code, popularly known as IFSC, is an 11-digit alphanumeric code that the RBI assigns to every bank branch participating in online interbank settlement. Without this code, an electronic transfer simply cannot reach its destination branch.
The IFSC for Indian Overseas Bank – KARINGANNUR is IOBA0001157. The first four letters IOBA are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 001157 map to this branch in AYOOR, KERALA.
About the bank
Indian Overseas Bank serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Karingannur branch in Ayoor, Kerala is part of this network and uses the IFSC code IOBA0001157 for all electronic settlement.
About this branch
The branch is located at ATHIRA KARINGANNUR,OYOOR,CHADAYAMANGALAM BLOCK,KARINGANNUR 691510. It serves the Ayoor region and is connected to the bank's core banking platform, which means transactions initiated here are instantly visible across all other branches of Indian Overseas Bank. The IFSC IOBA0001157 is used to identify this branch on the RBI payments network.
Branch details at a glance
| Bank Name | Indian Overseas Bank |
|---|---|
| Branch | Karingannur |
| IFSC Code | IOBA0001157 |
| MICR Code | Refer to cheque leaf |
| Branch Address | ATHIRA KARINGANNUR,OYOOR,CHADAYAMANGALAM BLOCK,KARINGANNUR 691510 |
| City | Ayoor |
| District | Kollam |
| State | Kerala |
| Phone | 2466432 |
The role of IFSC in India's payments network
India's electronic payment infrastructure — NEFT, RTGS, IMPS, UPI and the National Automated Clearing House (NACH) — is built on a single principle: every participating bank branch must be uniquely identifiable by an alphanumeric code. The Reserve Bank of India introduced the IFSC system to fulfil this requirement, and that is how Indian Overseas Bank's KARINGANNUR branch came to be assigned the code IOBA0001157.
Whether you are receiving a salary on the first of the month, paying a vendor invoice, settling an EMI, or accepting a refund from an e-commerce platform, the IFSC is the silent piece of metadata that tells the network where your account lives. Without IFSC IOBA0001157, money simply cannot be routed to the KARINGANNUR branch electronically.
MICR code & cheque clearing
Apart from IFSC, every cheque book issued by Indian Overseas Bank carries a 9-digit MICR (Magnetic Ink Character Recognition) code that is read by cheque-sorting machines. The MICR code, the IFSC IOBA0001157 and the account number together uniquely identify the Karingannur branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
How to transfer money using IFSC IOBA0001157
Online transfers in India are powered by three major channels — NEFT, RTGS and IMPS — and each one requires a destination IFSC. Below is a quick guide for using IFSC IOBA0001157 across all three.
How to use IFSC IOBA0001157 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Indian Overseas Bank's KARINGANNUR branch. NEFT now settles on a 24x7 basis in half-hourly batches and has no upper limit for retail customers (individual banks may impose their own caps).
- Log in to your internet banking or mobile banking app.
- Choose Add Beneficiary and select NEFT / Other Bank.
- Enter the beneficiary name, account number and the IFSC IOBA0001157.
- Confirm the bank name auto-populates as Indian Overseas Bank and the branch as KARINGANNUR.
- Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.
RTGS transfers via IFSC IOBA0001157
RTGS (Real-Time Gross Settlement) is the fastest high-value transfer mechanism in India. It is meant for transfers of ₹2 lakh and above and settles each transaction individually and instantly. To remit through RTGS to Indian Overseas Bank – KARINGANNUR, ensure your bank's portal accepts IFSC IOBA0001157 while registering the beneficiary. RTGS is also available 24x7.
IMPS to Indian Overseas Bank KARINGANNUR (IFSC IOBA0001157)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC IOBA0001157 in your mobile or internet banking app, and the money is credited to the KARINGANNUR branch account within seconds.
Comparing NEFT, RTGS and IMPS for transfers to Karingannur
The right transfer rail depends on how urgent the payment is, how large it is, and whether the receiving bank participates in the chosen scheme. Every option below works with the IFSC IOBA0001157:
- NEFT — best for everyday transfers of any amount; settles in half-hourly batches around the clock.
- RTGS — best for transfers of ₹2 lakh and above; settles each transaction individually in real time.
- IMPS — best when speed matters more than batch scheduling; instant credit up to ₹5 lakh.
- UPI — best for small peer-to-peer payments using a VPA; the underlying account at KARINGANNUR is still linked to IFSC IOBA0001157.
For salary credits, vendor payouts and refunds, employers and merchants usually default to NEFT because of its zero per-transaction cost for retail customers and its 24x7 availability.
UPI payments and IFSC IOBA0001157
UPI (Unified Payments Interface) has become the default way for individuals to send money in India. While most UPI transactions are addressed using a Virtual Payment Address (VPA) like name@bank, the underlying account at Indian Overseas Bank – KARINGANNUR is still mapped to IFSC IOBA0001157. When a customer links a savings or current account to a UPI app for the first time, the app silently looks up this IFSC against the account number to verify the account exists. The VPA acts as a friendly alias on top of the same plumbing.
If a UPI transfer to or from this branch fails, the most common reasons are an inactive UPI handle, a daily limit breach or a temporary outage at one of the participating banks — not the IFSC. You can always fall back to NEFT or IMPS using the IFSC IOBA0001157 and the beneficiary's account number to complete the transfer.
Products and account variants supported
Every account opened at the Karingannur branch is mapped to IFSC IOBA0001157 on the RBI payments network. The branch generally supports the full retail product catalogue of Indian Overseas Bank, including:
- Resident savings accounts and salary accounts
- Current accounts for businesses and professionals
- Fixed deposits, recurring deposits and tax-saver deposits
- Demand drafts, banker's cheques and pay orders
- Retail loans — personal, vehicle, education, gold and home
- Credit cards and overdraft facilities (subject to eligibility)
- Third-party investment products such as mutual funds and insurance (through tie-ups)
Whichever product you choose, the IFSC for incoming credits remains IOBA0001157.
Banking services available
The Karingannur branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 2466432.
- Savings, current and salary accounts
- Fixed deposits and recurring deposits
- Personal, vehicle and home loans
- Demat and investment products (where supported)
- Internet banking and mobile banking enrolment
- Debit and credit card issuance
- Locker facilities (subject to availability)
- Foreign exchange services (at authorised branches)
- Bill payments, demand drafts and pay orders
- NEFT / RTGS / IMPS / UPI fund transfers using IFSC IOBA0001157
Digital banking channels
Most day-to-day work that customers used to do at the Karingannur branch counter can now be completed digitally — adding a beneficiary, transferring funds, applying for a fixed deposit, raising a service request or downloading account statements. The IFSC IOBA0001157 is the link between the digital channel and the branch ledger; once a transaction is confirmed, the credit or debit is reflected in the same core banking system that the branch officers see.
Reaching the branch
The Karingannur branch sits at ATHIRA KARINGANNUR,OYOOR,CHADAYAMANGALAM BLOCK,KARINGANNUR 691510. If you are travelling from outside Ayoor, search for the branch on a maps application using the bank name and locality, or call 2466432 to ask for landmarks. Many customers find it easier to skip the trip altogether: net banking, mobile apps, NEFT, RTGS, IMPS and UPI all work using the IFSC IOBA0001157 and your account number.
Common mistakes to avoid when using IFSC IOBA0001157
An incorrect IFSC almost always results in a failed transfer or, worse, a credit to the wrong branch. Before you click Confirm on a transfer to Indian Overseas Bank – KARINGANNUR, double-check for these issues:
- Confusing 0 with O. The fifth character of every IFSC is the digit
0, not the letter O. Read carefully. - Spaces or hyphens. Do not put spaces in the IFSC. It is exactly 11 characters:
IOBA0001157. - Wrong branch. A bank can have dozens of branches in the same city. Make sure you are using the IFSC for the actual branch where the beneficiary holds the account, not just any nearby branch.
- Old IFSC after a merger. If two banks have merged, the IFSC may have been reissued. Always verify with a recent passbook or cheque leaf.
- Copy-paste from chat. Auto-correct on phones can silently change letters in IFSC codes. Type carefully or copy from a trusted source like the cheque book.
Working hours
Branch counters at Karingannur are usually open from 10 AM to 4 PM on weekdays. Saturdays follow the RBI's alternate-Saturday rule. Even when the branch is closed, NEFT, RTGS, IMPS and UPI transfers addressed to IOBA0001157 continue to work without interruption.
Other ways to verify the IFSC code
While this page already lists the verified IFSC IOBA0001157 for Indian Overseas Bank – KARINGANNUR, you can cross-check the code from any of these sources before initiating a high-value transfer:
- The front of the cheque book issued by the branch – the IFSC is printed at the top of every leaf.
- The first page of your passbook.
- The bank's official website under the branch locator.
- The Reserve Bank of India's IFSC search portal.
- Net banking dashboards usually display the home-branch IFSC under account details.
Branch address & contact
Indian Overseas BankKaringannur Branch
ATHIRA KARINGANNUR,OYOOR,CHADAYAMANGALAM BLOCK,KARINGANNUR 691510
Ayoor, Kerala
Phone: 2466432
IFSC: IOBA0001157
Frequently asked questions
What is the phone number of Indian Overseas Bank Karingannur branch?
You can reach the branch at 2466432 during regular banking hours.
Where is Indian Overseas Bank Karingannur branch located?
Indian Overseas Bank's Karingannur branch is located at ATHIRA KARINGANNUR,OYOOR,CHADAYAMANGALAM BLOCK,KARINGANNUR 691510, Ayoor, Kerala.
What is the IFSC code of Indian Overseas Bank Karingannur branch?
The IFSC code of Indian Overseas Bank, Karingannur branch is IOBA0001157. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
How quickly will an NEFT transfer using IOBA0001157 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Indian Overseas Bank – Karingannur reflect within 30 minutes.
What is the difference between IFSC and MICR code?
IFSC is an 11-character alphanumeric code used for online transfers, while MICR is a 9-digit numeric code printed on cheques and used by cheque-clearing machines. Both identify the Karingannur branch but serve different purposes.
How do I add Indian Overseas Bank Karingannur as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC IOBA0001157, and complete OTP verification. Once activated, you can transfer funds at any time.
Is IFSC IOBA0001157 valid for NEFT and RTGS?
Yes. IFSC IOBA0001157 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Can I use IFSC IOBA0001157 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC IOBA0001157 to send funds instantly.
Summary
The IFSC code IOBA0001157 belongs to Indian Overseas Bank's KARINGANNUR branch, located at ATHIRA KARINGANNUR,OYOOR,CHADAYAMANGALAM BLOCK,KARINGANNUR 691510 in AYOOR, KERALA. Use this code along with the beneficiary's account number for any NEFT, RTGS or IMPS transfer to this branch. Bookmark this page for quick reference whenever you need the branch's banking details.
