Below are the complete branch details for Indian Overseas Bank, KANKALANCHERRY branch, located in KANKALANCHERI, TAMIL NADU. The IFSC assigned by the Reserve Bank of India to this branch is IOBA0001049. 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 IOBA0001049 for Indian Overseas Bank – KANKALANCHERRY — saves you from rejected transfers, returned credits and the back-and-forth that follows them.
An IFSC (Indian Financial System Code) is an 11-character alphanumeric code issued by the Reserve Bank of India. It uniquely identifies every bank branch that participates in the RBI's electronic fund-transfer systems – NEFT, RTGS and IMPS. The first four characters represent the bank, the fifth is always a zero (reserved for future use), and the last six characters identify the specific branch.
For Indian Overseas Bank's KANKALANCHERRY branch, the IFSC IOBA0001049 breaks down as follows: IOBA identifies the bank, 0 is the reserved character, and 001049 identifies this particular branch.
About the bank
Indian Overseas Bank serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Kankalancherry branch in Kankalancheri, Tamil Nadu is part of this network and uses the IFSC code IOBA0001049 for all electronic settlement.
Branch details at a glance
| Bank Name | Indian Overseas Bank |
|---|---|
| Branch | Kankalancherry |
| IFSC Code | IOBA0001049 |
| MICR Code | Refer to cheque leaf |
| Branch Address | SELVAPURAM ROAD KANKANALCHERRY,PIN 610101 |
| City | Kankalancheri |
| District | Nagapattinam |
| State | Tamil Nadu |
| Phone | 277426 |
About this branch
The branch is located at SELVAPURAM ROAD KANKANALCHERRY,PIN 610101. It serves the Kankalancheri 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 IOBA0001049 is used to identify this branch on the RBI payments network.
Why every Indian Overseas Bank branch has a unique IFSC
Before electronic settlement systems went live in India, money transfers between banks relied heavily on demand drafts, mail transfers and telegraphic transfers. These older instruments routinely took days to clear and were prone to misrouting because there was no single machine-readable identifier for a branch. The Reserve Bank of India solved this by issuing each participating branch — including KANKALANCHERRY of Indian Overseas Bank — its own 11-character IFSC. The code IOBA0001049 is therefore not just an internal reference; it is the digital postcode that lets the RBI's NEFT, RTGS and IMPS rails route funds straight to the right branch ledger without any human intervention.
Today, almost every salary credit, vendor payment, refund and EMI deduction in the country flows through this network, which is exactly why a correct IFSC matters so much. A wrong character can either bounce the transfer or send it to the wrong branch, and reversing such a credit is a manual, time-consuming process. Treat IFSC IOBA0001049 the same way you would treat your account number — verify it once and save it carefully for future use.
Account types you can open at the Kankalancherry branch
Once you have an account at Indian Overseas Bank – KANKALANCHERRY, the IFSC IOBA0001049 stays the same regardless of the type of account you hold. The branch typically supports the following options:
- Savings account — for individuals, with chequebook, ATM card and net-banking access.
- Current account — for sole proprietors, partnerships and companies that need higher transaction volumes.
- Salary account — opened in bulk for corporate employees, often with zero-balance benefits.
- NRE / NRO accounts — for non-resident Indians who want to repatriate or maintain rupee balances in India.
- Fixed deposit and recurring deposit — term-based investment accounts with quarterly or cumulative interest.
- Senior citizen accounts — concessional minimum balance and a small interest rate premium on FDs.
- Minor and student accounts — operated jointly with a guardian until the customer turns 18.
Eligibility, minimum balance and KYC requirements vary by product. Speak to a relationship officer at the branch for the latest schedule of charges and interest rates.
Products and services
Customers walking into the Kankalancherry 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 IOBA0001049
How to transfer money using IFSC IOBA0001049
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 IOBA0001049 across all three.
How to use IFSC IOBA0001049 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Indian Overseas Bank's KANKALANCHERRY 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 IOBA0001049.
- Confirm the bank name auto-populates as Indian Overseas Bank and the branch as KANKALANCHERRY.
- Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.
RTGS transfers via IFSC IOBA0001049
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 – KANKALANCHERRY, ensure your bank's portal accepts IFSC IOBA0001049 while registering the beneficiary. RTGS is also available 24x7.
Send money instantly through IMPS
For a real-time, anytime transfer to Indian Overseas Bank – KANKALANCHERRY, use IMPS. With IFSC IOBA0001049 and the beneficiary's account number you can move up to ₹5 lakh per transaction with instant credit, any day of the year.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC IOBA0001049 for Indian Overseas Bank – KANKALANCHERRY, but they differ in speed, minimum amount and use case. The table below summarises the differences so you can pick the right channel for the situation at hand.
| Parameter | NEFT | RTGS | IMPS |
|---|---|---|---|
| Minimum amount | ₹1 | ₹2,00,000 | ₹1 |
| Maximum amount | No RBI cap | No RBI cap | ₹5,00,000 |
| Settlement | Half-hourly batches | Real-time | Real-time |
| Availability | 24x7 | 24x7 | 24x7 |
| Best for | Routine transfers | High-value transfers | Urgent small / mid transfers |
| IFSC required | Yes – IOBA0001049 | Yes – IOBA0001049 | Yes – IOBA0001049 |
For most retail customers crediting the Kankalancherry branch, NEFT or IMPS will be the quickest and most economical option. RTGS comes in for one-off, high-value movements such as property purchases, vendor settlements or large gifts.
UPI payments and IFSC IOBA0001049
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 – KANKALANCHERRY is still mapped to IFSC IOBA0001049. 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 IOBA0001049 and the beneficiary's account number to complete the transfer.
Online banking and IFSC IOBA0001049
Indian Overseas Bank customers can register for net banking and the bank's official mobile app once their account at the KANKALANCHERRY 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 IOBA0001049 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.
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 IOBA0001049 and the account number together uniquely identify the Kankalancherry branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
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 – KANKALANCHERRY:
- The IFSC is exactly IOBA0001049 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 KANKALANCHERRY 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.
Reaching the branch
The Kankalancherry branch sits at SELVAPURAM ROAD KANKANALCHERRY,PIN 610101. If you are travelling from outside Kankalancheri, search for the branch on a maps application using the bank name and locality, or call 277426 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 IOBA0001049 and your account number.
Other ways to verify the IFSC code
While this page already lists the verified IFSC IOBA0001049 for Indian Overseas Bank – KANKALANCHERRY, 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.
Working hours
Branch counters at Kankalancherry 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 IOBA0001049 continue to work without interruption.
Branch address & contact
Indian Overseas BankKankalancherry Branch
SELVAPURAM ROAD KANKANALCHERRY,PIN 610101
Kankalancheri, Tamil Nadu
Phone: 277426
IFSC: IOBA0001049
Frequently asked questions
What is the phone number of Indian Overseas Bank Kankalancherry branch?
You can reach the branch at 277426 during regular banking hours.
How quickly will an NEFT transfer using IOBA0001049 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Indian Overseas Bank – Kankalancherry reflect within 30 minutes.
Where is Indian Overseas Bank Kankalancherry branch located?
Indian Overseas Bank's Kankalancherry branch is located at SELVAPURAM ROAD KANKANALCHERRY,PIN 610101, Kankalancheri, Tamil Nadu.
How do I add Indian Overseas Bank Kankalancherry as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC IOBA0001049, and complete OTP verification. Once activated, you can transfer funds at any time.
Can I use IFSC IOBA0001049 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC IOBA0001049 to send funds instantly.
Is IFSC IOBA0001049 the same for all accounts at Kankalancherry branch?
Yes. The IFSC IOBA0001049 is shared by every account held at Indian Overseas Bank's Kankalancherry branch. Only the account number changes from customer to customer.
Summary
The IFSC code IOBA0001049 belongs to Indian Overseas Bank's KANKALANCHERRY branch, located at SELVAPURAM ROAD KANKANALCHERRY,PIN 610101 in KANKALANCHERI, 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.
