Use this page as a one-stop reference for everything related to Indian Overseas Bank's R O ERODE branch in ERODE, TAMIL NADU. The branch's IFSC code IOBA0002014 is the key identifier you need whenever a remitter, employer or biller asks for a bank routing number to send funds to an account held at this branch. We have also included the branch's postal address, telephone number, banking hours, common services, and an extensive FAQ block that should answer almost every question that comes up when you are about to add this branch as a beneficiary in your net-banking app for the first time.
IFSC stands for Indian Financial System Code. It is an 11-character code that pinpoints a particular bank branch on the RBI's real-time payment rails. Every NEFT, RTGS or IMPS instruction must carry the destination branch's IFSC for the credit to land in the correct account.
In our case, IOBA0002014 is the IFSC of Indian Overseas Bank's R O ERODE branch. The format is fixed: IOBA = bank code, 0 = reserved, 002014 = branch identifier.
Branch details at a glance
| Bank Name | Indian Overseas Bank |
|---|---|
| Branch | R O Erode |
| IFSC Code | IOBA0002014 |
| MICR Code | Refer to cheque leaf |
| Branch Address | POST BOX NO 1 DOOR NO 164 BY 3,MUTHUMARI AMMAN KOIL ST THIRUNAGAR COLONY ERODE 638003 |
| City | Erode |
| District | Erode |
| State | Tamil Nadu |
| STD Code | 44 |
| Phone | 28584896 |
Bank profile
Indian Overseas Bank is among the recognised banks listed on the Reserve Bank of India's payments network. The R O Erode branch — IFSC IOBA0002014 — extends the bank's services to customers in and around Erode, Tamil Nadu.
About the R O Erode branch
The R O Erode branch of Indian Overseas Bank is situated at POST BOX NO 1 DOOR NO 164 BY 3,MUTHUMARI AMMAN KOIL ST THIRUNAGAR COLONY ERODE 638003. 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 IOBA0002014 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 R O ERODE branch came to be assigned the code IOBA0002014.
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 IOBA0002014, money simply cannot be routed to the R O ERODE branch electronically.
How to transfer money using IFSC IOBA0002014
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 IOBA0002014 across all three.
NEFT to Indian Overseas Bank, R O ERODE using IFSC IOBA0002014
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 IOBA0002014, and confirm that the system picks up Indian Overseas Bank – R O ERODE. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
Real-Time Gross Settlement to R O ERODE
If you need to transfer ₹2 lakh or more in one go to an account at Indian Overseas Bank's R O ERODE branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC IOBA0002014 while initiating the transfer and the credit will appear within minutes.
Send money instantly through IMPS
For a real-time, anytime transfer to Indian Overseas Bank – R O ERODE, use IMPS. With IFSC IOBA0002014 and the beneficiary's account number you can move up to ₹5 lakh per transaction with instant credit, any day of the year.
Comparing NEFT, RTGS and IMPS for transfers to R O Erode
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 IOBA0002014:
- 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 R O ERODE is still linked to IFSC IOBA0002014.
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 R O ERODE branch, the IFSC IOBA0002014 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 R O Erode branch is mapped to IFSC IOBA0002014 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 IOBA0002014.
Products and services
Customers walking into the R O Erode branch can access most of Indian Overseas Bank's standard product suite, including:
- Account opening – savings, current, NRI, salary
- Term deposits and recurring deposits
- Retail and small-business loans
- Insurance and mutual-fund tie-ups
- Locker, safe deposit and ATM card services
- Online and mobile banking activation
- Electronic transfers via IFSC IOBA0002014
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 IOBA0002014 and the account number together uniquely identify the R O Erode branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
Digital banking channels
Most day-to-day work that customers used to do at the R O Erode 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 IOBA0002014 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.
Common mistakes to avoid when using IFSC IOBA0002014
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 – R O ERODE, 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:
IOBA0002014. - 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.
How to reach the R O Erode branch
The branch is located at POST BOX NO 1 DOOR NO 164 BY 3,MUTHUMARI AMMAN KOIL ST THIRUNAGAR COLONY ERODE 638003, which puts it inside Erode, the broader Erode district, and the state of Tamil Nadu. To plan your visit:
- Open Google Maps on your phone and search for “Indian Overseas Bank R O Erode branch” — the verified location pin for IFSC IOBA0002014 should appear at the top of the results.
- Confirm the branch is open by calling 44-28584896 before stepping out, especially around public holidays.
- 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 IOBA0002014 and your account number.
Other ways to verify the IFSC code
While this page already lists the verified IFSC IOBA0002014 for Indian Overseas Bank – R O ERODE, 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 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 R O Erode branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC IOBA0002014, however, work 24x7.
Branch address & contact
Indian Overseas BankR O Erode Branch
POST BOX NO 1 DOOR NO 164 BY 3,MUTHUMARI AMMAN KOIL ST THIRUNAGAR COLONY ERODE 638003
Erode, Tamil Nadu
Phone: 44-28584896
IFSC: IOBA0002014
Frequently asked questions
Where is Indian Overseas Bank R O Erode branch located?
Indian Overseas Bank's R O Erode branch is located at POST BOX NO 1 DOOR NO 164 BY 3,MUTHUMARI AMMAN KOIL ST THIRUNAGAR COLONY ERODE 638003, Erode, Tamil Nadu.
How do I add Indian Overseas Bank R O Erode as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC IOBA0002014, and complete OTP verification. Once activated, you can transfer funds at any time.
Is IFSC IOBA0002014 the same for all accounts at R O Erode branch?
Yes. The IFSC IOBA0002014 is shared by every account held at Indian Overseas Bank's R O Erode branch. Only the account number changes from customer to customer.
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 R O Erode branch but serve different purposes.
Does Indian Overseas Bank R O Erode branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 44-28584896 to confirm.
What is the phone number of Indian Overseas Bank R O Erode branch?
You can reach the branch at 44-28584896 during regular banking hours.
Is IFSC IOBA0002014 valid for NEFT and RTGS?
Yes. IFSC IOBA0002014 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Summary
The IFSC code IOBA0002014 belongs to Indian Overseas Bank's R O ERODE branch, located at POST BOX NO 1 DOOR NO 164 BY 3,MUTHUMARI AMMAN KOIL ST THIRUNAGAR COLONY ERODE… in ERODE, TAMIL NADU. 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.
