Use this page as a one-stop reference for everything related to Indian Overseas Bank's ULLOOR branch in THIRUVANANTHAPURAM, KERALA. The branch's IFSC code IOBA0001623 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.
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 ULLOOR branch, the IFSC IOBA0001623 breaks down as follows: IOBA identifies the bank, 0 is the reserved character, and 001623 identifies this particular branch.
Branch details at a glance
| Bank Name | Indian Overseas Bank |
|---|---|
| Branch | Ulloor |
| IFSC Code | IOBA0001623 |
| MICR Code | Refer to cheque leaf |
| Branch Address | TC 1 BY 286 1,G.M.SQUARE,ULLOOR JUNCTION,MEDICAL COLLEGE PO,THIRUVANANTHAPURAM |
| City | Thiruvananthapuram |
| District | Trivandrum |
| State | Kerala |
| Phone | 2398023 |
Bank profile
Indian Overseas Bank is among the recognised banks listed on the Reserve Bank of India's payments network. The Ulloor branch — IFSC IOBA0001623 — extends the bank's services to customers in and around Thiruvananthapuram, Kerala.
About this branch
The branch is located at TC 1 BY 286 1,G.M.SQUARE,ULLOOR JUNCTION,MEDICAL COLLEGE PO,THIRUVANANTHAPURAM. It serves the Thiruvananthapuram 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 IOBA0001623 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 ULLOOR of Indian Overseas Bank — its own 11-character IFSC. The code IOBA0001623 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 IOBA0001623 the same way you would treat your account number — verify it once and save it carefully for future use.
How to transfer money using IFSC IOBA0001623
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 IOBA0001623 across all three.
How to use IFSC IOBA0001623 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Indian Overseas Bank's ULLOOR 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 IOBA0001623.
- Confirm the bank name auto-populates as Indian Overseas Bank and the branch as ULLOOR.
- Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.
RTGS transfers via IFSC IOBA0001623
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 – ULLOOR, ensure your bank's portal accepts IFSC IOBA0001623 while registering the beneficiary. RTGS is also available 24x7.
IMPS to Indian Overseas Bank ULLOOR (IFSC IOBA0001623)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC IOBA0001623 in your mobile or internet banking app, and the money is credited to the ULLOOR branch account within seconds.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC IOBA0001623 for Indian Overseas Bank – ULLOOR, 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 – IOBA0001623 | Yes – IOBA0001623 | Yes – IOBA0001623 |
For most retail customers crediting the Ulloor 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 IOBA0001623
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 – ULLOOR is still mapped to IFSC IOBA0001623. 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 IOBA0001623 and the beneficiary's account number to complete the transfer.
Account types you can open at the Ulloor branch
Once you have an account at Indian Overseas Bank – ULLOOR, the IFSC IOBA0001623 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 Ulloor branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 2398023.
- 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 IOBA0001623
MICR & cheque-truncation details
Cheques drawn on the Ulloor branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC IOBA0001623 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
Digital banking channels
Most day-to-day work that customers used to do at the Ulloor 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 IOBA0001623 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.
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 – ULLOOR:
- The IFSC is exactly IOBA0001623 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 ULLOOR 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 Ulloor branch
The branch is located at TC 1 BY 286 1,G.M.SQUARE,ULLOOR JUNCTION,MEDICAL COLLEGE PO,THIRUVANANTHAPURAM, which puts it inside Thiruvananthapuram, the broader Trivandrum district, and the state of Kerala. To plan your visit:
- Open Google Maps on your phone and search for “Indian Overseas Bank Ulloor branch” — the verified location pin for IFSC IOBA0001623 should appear at the top of the results.
- Confirm the branch is open by calling 2398023 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 IOBA0001623 and your account number.
Verifying IFSC IOBA0001623 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 IOBA0001623 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 2398023.
- Visiting the bank's official branch locator page.
Working hours
Branch counters at Ulloor 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 IOBA0001623 continue to work without interruption.
Branch address & contact
Indian Overseas BankUlloor Branch
TC 1 BY 286 1,G.M.SQUARE,ULLOOR JUNCTION,MEDICAL COLLEGE PO,THIRUVANANTHAPURAM
Thiruvananthapuram, Kerala
Phone: 2398023
IFSC: IOBA0001623
Frequently asked questions
Is IFSC IOBA0001623 the same for all accounts at Ulloor branch?
Yes. The IFSC IOBA0001623 is shared by every account held at Indian Overseas Bank's Ulloor branch. Only the account number changes from customer to customer.
How do I add Indian Overseas Bank Ulloor as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC IOBA0001623, and complete OTP verification. Once activated, you can transfer funds at any time.
Can I use IFSC IOBA0001623 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC IOBA0001623 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 Ulloor branch but serve different purposes.
What is the phone number of Indian Overseas Bank Ulloor branch?
You can reach the branch at 2398023 during regular banking hours.
What is the IFSC code of Indian Overseas Bank Ulloor branch?
The IFSC code of Indian Overseas Bank, Ulloor branch is IOBA0001623. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
Final notes
To recap: IOBA0001623 is the IFSC code of Indian Overseas Bank, ULLOOR branch, in THIRUVANANTHAPURAM, KERALA. 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.
