Below are the complete branch details for Indian Overseas Bank, VINAYAKA MISSIONS EDU INST CAMP branch, located in SALEM, TAMIL NADU. The IFSC assigned by the Reserve Bank of India to this branch is IOBA0001887. 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 IOBA0001887 for Indian Overseas Bank – VINAYAKA MISSIONS EDU INST CAMP — 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 VINAYAKA MISSIONS EDU INST CAMP branch, the IFSC IOBA0001887 breaks down as follows: IOBA identifies the bank, 0 is the reserved character, and 001887 identifies this particular branch.
About Indian Overseas Bank
Indian Overseas Bank operates a wide network of branches across India, including the Vinayaka Missions Edu Inst Camp branch in Salem. 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, IOBA0001887.
Vinayaka Missions Edu Inst Camp branch overview
Located at VINAYAKA MISSIONS EDUCATIONAL INSTITUTIONS ADMN BUILDING,NH 47 ARIYANOOR PIN 636308, the Vinayaka Missions Edu Inst Camp branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC IOBA0001887 is required for all interbank electronic transfers routed through this branch.
Branch details at a glance
| Bank Name | Indian Overseas Bank |
|---|---|
| Branch | Vinayaka Missions Edu Inst Camp |
| IFSC Code | IOBA0001887 |
| MICR Code | Refer to cheque leaf |
| Branch Address | VINAYAKA MISSIONS EDUCATIONAL INSTITUTIONS ADMN BUILDING,NH 47 ARIYANOOR PIN 636308 |
| City | Salem |
| District | Salem |
| State | Tamil Nadu |
| Phone | 2477587 |
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 VINAYAKA MISSIONS EDU INST CAMP of Indian Overseas Bank — its own 11-character IFSC. The code IOBA0001887 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 IOBA0001887 the same way you would treat your account number — verify it once and save it carefully for future use.
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 IOBA0001887 and the account number together uniquely identify the Vinayaka Missions Edu Inst Camp branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
How to transfer money using IFSC IOBA0001887
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 IOBA0001887 across all three.
NEFT to Indian Overseas Bank, VINAYAKA MISSIONS EDU INST CAMP using IFSC IOBA0001887
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 IOBA0001887, and confirm that the system picks up Indian Overseas Bank – VINAYAKA MISSIONS EDU INST CAMP. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
RTGS transfers via IFSC IOBA0001887
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 – VINAYAKA MISSIONS EDU INST CAMP, ensure your bank's portal accepts IFSC IOBA0001887 while registering the beneficiary. RTGS is also available 24x7.
IMPS to Indian Overseas Bank VINAYAKA MISSIONS EDU INST CAMP (IFSC IOBA0001887)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC IOBA0001887 in your mobile or internet banking app, and the money is credited to the VINAYAKA MISSIONS EDU INST CAMP branch account within seconds.
Comparing NEFT, RTGS and IMPS for transfers to Vinayaka Missions Edu Inst Camp
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 IOBA0001887:
- 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 VINAYAKA MISSIONS EDU INST CAMP is still linked to IFSC IOBA0001887.
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 IOBA0001887
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 – VINAYAKA MISSIONS EDU INST CAMP is still mapped to IFSC IOBA0001887. 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 IOBA0001887 and the beneficiary's account number to complete the transfer.
Products and account variants supported
Every account opened at the Vinayaka Missions Edu Inst Camp branch is mapped to IFSC IOBA0001887 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 IOBA0001887.
Banking services available
The Vinayaka Missions Edu Inst Camp branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 2477587.
- 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 IOBA0001887
Digital banking channels
Most day-to-day work that customers used to do at the Vinayaka Missions Edu Inst Camp 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 IOBA0001887 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 Vinayaka Missions Edu Inst Camp branch sits at VINAYAKA MISSIONS EDUCATIONAL INSTITUTIONS ADMN BUILDING,NH 47 ARIYANOOR PIN 636308. If you are travelling from outside Salem, search for the branch on a maps application using the bank name and locality, or call 2477587 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 IOBA0001887 and your account number.
Common mistakes to avoid when using IFSC IOBA0001887
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 – VINAYAKA MISSIONS EDU INST CAMP, 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:
IOBA0001887. - 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.
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 Vinayaka Missions Edu Inst Camp branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC IOBA0001887, however, work 24x7.
Verifying IFSC IOBA0001887 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 IOBA0001887 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 2477587.
- Visiting the bank's official branch locator page.
Branch address & contact
Indian Overseas BankVinayaka Missions Edu Inst Camp Branch
VINAYAKA MISSIONS EDUCATIONAL INSTITUTIONS ADMN BUILDING,NH 47 ARIYANOOR PIN 636308
Salem, Tamil Nadu
Phone: 2477587
IFSC: IOBA0001887
Frequently asked questions
How do I add Indian Overseas Bank Vinayaka Missions Edu Inst Camp as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC IOBA0001887, and complete OTP verification. Once activated, you can transfer funds at any time.
Is IFSC IOBA0001887 valid for NEFT and RTGS?
Yes. IFSC IOBA0001887 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Can I use IFSC IOBA0001887 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC IOBA0001887 to send funds instantly.
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 Vinayaka Missions Edu Inst Camp branch but serve different purposes.
Is IFSC IOBA0001887 the same for all accounts at Vinayaka Missions Edu Inst Camp branch?
Yes. The IFSC IOBA0001887 is shared by every account held at Indian Overseas Bank's Vinayaka Missions Edu Inst Camp branch. Only the account number changes from customer to customer.
What is the phone number of Indian Overseas Bank Vinayaka Missions Edu Inst Camp branch?
You can reach the branch at 2477587 during regular banking hours.
What is the IFSC code of Indian Overseas Bank Vinayaka Missions Edu Inst Camp branch?
The IFSC code of Indian Overseas Bank, Vinayaka Missions Edu Inst Camp branch is IOBA0001887. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
Summary
The IFSC code IOBA0001887 belongs to Indian Overseas Bank's VINAYAKA MISSIONS EDU INST CAMP branch, located at VINAYAKA MISSIONS EDUCATIONAL INSTITUTIONS ADMN BUILDING,NH 47 ARIYANOOR PIN… in SALEM, 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.
