This page lists the IFSC code, branch address, contact number and fund-transfer information for Indian Overseas Bank, PERUMKADAVILA branch in PERUMKADAVILA. The 11-digit IFSC IOBA0000742 uniquely identifies this branch in the RBI's centralised payments network and is required for every NEFT, RTGS or IMPS transaction routed to this branch. If you are paying somebody who banks with Indian Overseas Bank at the PERUMKADAVILA location, this is the only IFSC you need.
We have organised this page into clearly labelled sections so you can jump straight to the part that interests you — the IFSC and MICR details, the full postal address, the contact phone number, a quick primer on NEFT, RTGS and IMPS, the typical product line-up at the branch, and a frequently asked questions section that addresses the queries people raise most often about this 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 – PERUMKADAVILA is IOBA0000742. The first four letters IOBA are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 000742 map to this branch in PERUMKADAVILA, KERALA.
About Indian Overseas Bank
Indian Overseas Bank operates a wide network of branches across India, including the Perumkadavila branch in Perumkadavila. Each branch is enabled for NEFT, RTGS, IMPS and core banking, allowing customers to send and receive money anywhere in the country using a unique IFSC – in this case, IOBA0000742.
Branch details at a glance
| Bank Name | Indian Overseas Bank |
|---|---|
| Branch | Perumkadavila |
| IFSC Code | IOBA0000742 |
| MICR Code | Refer to cheque leaf |
| Branch Address | PP1 BY 1132,JAYALAKSHMI BHAVAN,PERUMKADAVILA,PIN 695124 |
| City | Perumkadavila |
| District | Thiruvananthapuram |
| State | Kerala |
| Phone | 2275472 |
About this branch
The branch is located at PP1 BY 1132,JAYALAKSHMI BHAVAN,PERUMKADAVILA,PIN 695124. It serves the Perumkadavila 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 IOBA0000742 is used to identify this branch on the RBI payments network.
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 PERUMKADAVILA branch came to be assigned the code IOBA0000742.
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 IOBA0000742, money simply cannot be routed to the PERUMKADAVILA branch electronically.
Account types you can open at the Perumkadavila branch
Once you have an account at Indian Overseas Bank – PERUMKADAVILA, the IFSC IOBA0000742 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.
Banking services available
The Perumkadavila branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 2275472.
- 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 IOBA0000742
How to transfer money using IFSC IOBA0000742
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 IOBA0000742 across all three.
NEFT to Indian Overseas Bank, PERUMKADAVILA using IFSC IOBA0000742
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 IOBA0000742, and confirm that the system picks up Indian Overseas Bank – PERUMKADAVILA. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
RTGS transfers via IFSC IOBA0000742
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 – PERUMKADAVILA, ensure your bank's portal accepts IFSC IOBA0000742 while registering the beneficiary. RTGS is also available 24x7.
IMPS to Indian Overseas Bank PERUMKADAVILA (IFSC IOBA0000742)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC IOBA0000742 in your mobile or internet banking app, and the money is credited to the PERUMKADAVILA branch account within seconds.
Comparing NEFT, RTGS and IMPS for transfers to Perumkadavila
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 IOBA0000742:
- 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 PERUMKADAVILA is still linked to IFSC IOBA0000742.
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 PERUMKADAVILA branch, the IFSC IOBA0000742 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.
Online banking and IFSC IOBA0000742
Indian Overseas Bank customers can register for net banking and the bank's official mobile app once their account at the PERUMKADAVILA 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 IOBA0000742 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 IOBA0000742 and the account number together uniquely identify the Perumkadavila 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 – PERUMKADAVILA:
- The IFSC is exactly IOBA0000742 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 PERUMKADAVILA 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 Perumkadavila branch
The branch is located at PP1 BY 1132,JAYALAKSHMI BHAVAN,PERUMKADAVILA,PIN 695124, which puts it inside Perumkadavila, the broader Thiruvananthapuram district, and the state of Kerala. To plan your visit:
- Open Google Maps on your phone and search for “Indian Overseas Bank Perumkadavila branch” — the verified location pin for IFSC IOBA0000742 should appear at the top of the results.
- Confirm the branch is open by calling 2275472 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 IOBA0000742 and your account number.
Verifying IFSC IOBA0000742 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 IOBA0000742 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 2275472.
- 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 Perumkadavila branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC IOBA0000742, however, work 24x7.
Branch address & contact
Indian Overseas BankPerumkadavila Branch
PP1 BY 1132,JAYALAKSHMI BHAVAN,PERUMKADAVILA,PIN 695124
Perumkadavila, Kerala
Phone: 2275472
IFSC: IOBA0000742
Frequently asked questions
Can I use IFSC IOBA0000742 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC IOBA0000742 to send funds instantly.
What is the IFSC code of Indian Overseas Bank Perumkadavila branch?
The IFSC code of Indian Overseas Bank, Perumkadavila branch is IOBA0000742. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
How quickly will an NEFT transfer using IOBA0000742 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Indian Overseas Bank – Perumkadavila reflect within 30 minutes.
Does Indian Overseas Bank Perumkadavila branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 2275472 to confirm.
Where is Indian Overseas Bank Perumkadavila branch located?
Indian Overseas Bank's Perumkadavila branch is located at PP1 BY 1132,JAYALAKSHMI BHAVAN,PERUMKADAVILA,PIN 695124, Perumkadavila, Kerala.
How do I add Indian Overseas Bank Perumkadavila as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC IOBA0000742, and complete OTP verification. Once activated, you can transfer funds at any time.
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 Perumkadavila branch but serve different purposes.
Summary
The IFSC code IOBA0000742 belongs to Indian Overseas Bank's PERUMKADAVILA branch, located at PP1 BY 1132,JAYALAKSHMI BHAVAN,PERUMKADAVILA,PIN 695124 in PERUMKADAVILA, 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.
