IFSC Code of Indian Overseas Bank, Erode Sampathnager Branch, Tamil Nadu

Below are the complete branch details for Indian Overseas Bank, ERODE SAMPATHNAGER branch, located in ERODE, TAMIL NADU. The IFSC assigned by the Reserve Bank of India to this branch is IOBA0001627. Whether you want to transfer money, add a beneficiary, verify a cheque or simply confirm the branch address, you will find authentic, up-to-date information on this page that has been cross-checked against the bank's branch directory and the RBI's master list of participants in the National Electronic Funds Transfer system.

The IFSC code is one of the most frequently asked-for pieces of information when somebody wants to send you money or set up a recurring credit such as a salary, EMI auto-debit or supplier payment. Knowing exactly which IFSC belongs to your branch — in this case IOBA0001627 for Indian Overseas Bank – ERODE SAMPATHNAGER — saves you from rejected transfers, returned credits and the back-and-forth that follows them.

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 – ERODE SAMPATHNAGER is IOBA0001627. The first four letters IOBA are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 001627 map to this branch in ERODE, TAMIL NADU.

Branch details at a glance

About the bank

Indian Overseas Bank serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Erode Sampathnager branch in Erode, Tamil Nadu is part of this network and uses the IFSC code IOBA0001627 for all electronic settlement.

About the Erode Sampathnager branch

The Erode Sampathnager branch of Indian Overseas Bank is situated at 368 BY 2 SF NO 162 BY 1 NASIYANUR ROAD NARAYANAVALASU ERODE 638011. Customers visiting this branch can complete cash deposits, withdrawals, demand draft requests, cheque clearing, passbook updates and KYC formalities. For online transactions to or from this branch, the IFSC code IOBA0001627 is used.

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 ERODE SAMPATHNAGER branch came to be assigned the code IOBA0001627.

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 IOBA0001627, money simply cannot be routed to the ERODE SAMPATHNAGER branch electronically.

How to transfer money using IFSC IOBA0001627

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 IOBA0001627 across all three.

NEFT to Indian Overseas Bank, ERODE SAMPATHNAGER using IFSC IOBA0001627

National Electronic Funds Transfer is the simplest way to move money into an account at this branch. NEFT works around the clock, including Sundays and public holidays, and settles in half-hourly batches.

To send funds, add the recipient as a beneficiary in your bank's online portal, key in the account number, paste the IFSC IOBA0001627, and confirm that the system picks up Indian Overseas Bank – ERODE SAMPATHNAGER. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.

Real-Time Gross Settlement to ERODE SAMPATHNAGER

If you need to transfer ₹2 lakh or more in one go to an account at Indian Overseas Bank's ERODE SAMPATHNAGER branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC IOBA0001627 while initiating the transfer and the credit will appear within minutes.

IMPS to Indian Overseas Bank ERODE SAMPATHNAGER (IFSC IOBA0001627)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC IOBA0001627 in your mobile or internet banking app, and the money is credited to the ERODE SAMPATHNAGER branch account within seconds.

Comparing NEFT, RTGS and IMPS for transfers to Erode Sampathnager

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 IOBA0001627:

• 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 ERODE SAMPATHNAGER is still linked to IFSC IOBA0001627.

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.

How UPI relates to the IFSC code

UPI lets you pay using a short Virtual Payment Address instead of typing the IFSC every time, but behind the scenes every UPI mandate is mapped to an account number plus an IFSC. For accounts at Indian Overseas Bank's ERODE SAMPATHNAGER branch, the IFSC IOBA0001627 is what the National Payments Corporation of India (NPCI) uses to route the credit when you tap Pay on a UPI app.

That is why, even in the UPI era, it is still worth knowing the IFSC of your home branch — for failed UPI mandates, e-mandate set-ups, third-party platform onboarding and salary or refund credits.

Products and account variants supported

Every account opened at the Erode Sampathnager branch is mapped to IFSC IOBA0001627 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 IOBA0001627.

Banking services available

The Erode Sampathnager branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 235858.

• 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 IOBA0001627

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 IOBA0001627 and the account number together uniquely identify the Erode Sampathnager branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.

Online banking and IFSC IOBA0001627

Indian Overseas Bank customers can register for net banking and the bank's official mobile app once their account at the ERODE SAMPATHNAGER branch is active. Net banking lets you view balances, download statements, open fixed deposits, request cheque books and initiate NEFT/RTGS/IMPS transfers — all without setting foot in the branch. The IFSC IOBA0001627 is pre-filled by the bank for transfers originating from your own account, and you only need to enter it manually when adding an external beneficiary or sharing your account details with a third party.

Things to verify before sending money

Banking errors are usually small typos that snowball into delayed credits and customer-care follow-ups. Use this short checklist before you confirm any transfer to Indian Overseas Bank – ERODE SAMPATHNAGER:

• The IFSC is exactly IOBA0001627 with no extra spaces.
• The beneficiary's account number matches what they shared, digit for digit.
• The portal auto-fills Indian Overseas Bank as the bank name and ERODE SAMPATHNAGER as the branch.
• The amount and the purpose of payment are correct.
• You have a valid OTP-verifying mobile number on hand.

A 30-second review here saves hours of reconciliation later.

How to reach the Erode Sampathnager branch

The branch is located at 368 BY 2 SF NO 162 BY 1 NASIYANUR ROAD NARAYANAVALASU ERODE 638011, which puts it inside Erode, the broader Erode district, and the state of Tamil Nadu. To plan your visit:

1. Open Google Maps on your phone and search for “Indian Overseas Bank Erode Sampathnager branch” — the verified location pin for IFSC IOBA0001627 should appear at the top of the results.
2. Confirm the branch is open by calling 235858 before stepping out, especially around public holidays.
3. Carry photo ID and any account-related documents you may need for the transaction you plan to do.

Most banking work — passbook updates, fund transfers, statement downloads — can also be completed online without visiting the branch in person, as long as you know the IFSC IOBA0001627 and your account number.

Verifying IFSC IOBA0001627 from official sources

The IFSC listed on this page is sourced from the RBI's master list and validated against the bank's branch directory. To double-check before transferring large sums, you can also confirm IOBA0001627 by:

• Looking at the cheque leaf – IFSC is printed near the MICR band.
• Opening the passbook's first page.
• Calling the branch directly on 235858.
• Visiting the bank's official branch locator page.

Branch banking hours and holidays

Indian bank branches typically operate from 10:00 AM to 4:00 PM, Monday to Friday, and from 10:00 AM to 2:00 PM on working Saturdays (usually the 1st, 3rd and 5th Saturdays). The Erode Sampathnager branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC IOBA0001627, however, work 24x7.

Branch address & contact

Frequently asked questions

Final notes

To recap: IOBA0001627 is the IFSC code of Indian Overseas Bank, ERODE SAMPATHNAGER branch, in ERODE, TAMIL NADU. It is required for every electronic transfer to an account held at this branch. We keep this page updated with the latest address and contact details, so you can rely on the information here for your day-to-day banking needs.