Indian Overseas Bank has 29 branches in Salem like Vinayaka Mission'S Educational Institutions Campus , Vellalagundam , Vazhapadi , . Please select a branch from the list below to get the location, contact details, IFSC code, MICR code.
| Branch Name | Branch Address | IFSC Code | MICR Code | Bank | City | District | State |
|---|---|---|---|---|---|---|---|
| Vinayaka Mission'S Educational Institutions Campus | Vinayaka Mission'S Educational Institutions Admn. Building, Nh -47 Ariyanoor Pin : 636308 |
IOBA0001887 | 636020011 | Indian Overseas Bank | Salem | Salem | Tamil Nadu |
| Vellalagundam | Seshan Chavadi Post, Vellalagundam Pin : 636111 | IOBA0001159 | NON_MICR | Indian Overseas Bank | Vellalakundam | Salem | Tamil Nadu |
| Vazhapadi | No 32/2 Subbu Complex Attur Main Road Vazhapadi Salem 636115 | IOBA0002794 | NON- MICR | Indian Overseas Bank | Valapadi | Salem | Tamil Nadu |
| Udayapatti | 377 / 2 Cuddalore Main Road Holy Cross School - I Gate Udayapatti Pin : 636014 |
IOBA0000953 | 636020008 | Indian Overseas Bank | Udayapatti | Salem | Tamil Nadu |
| Thammampatti | 100,Trichy Road,Thammampatti-636113 | IOBA0002784 | NON MICR | Indian Overseas Bank | Attur | Salem | Tamil Nadu |
| Suramangalam | 4 Subramania Nagar - Ii Junction Main Road, Suramangalam Salem Pin : 636005 |
IOBA0000246 | 636020007 | Indian Overseas Bank | Salem | Salem | Tamil Nadu |
| Shevapet | 720 Fort Main Road Shevapet Salem Pin : 636002 | IOBA0000149 | 636020006 | Indian Overseas Bank | Salem | Salem | Tamil Nadu |
| Seelanaicken Patti | 66 Shah Cotton Bldgs Trichy Main Road,Seelainaickenpatt Dasanaickenpatti Pin : 636201 |
IOBA0001074 | 636020005 | Indian Overseas Bank | Gajalnaickenpatti | Salem | Tamil Nadu |
| Sankari | 164/1B2,Settia Gounder Complex-C,Bhavani Road,Sankari-637301 | IOBA0002785 | NON MICR | Indian Overseas Bank | Sankari | Salem | Tamil Nadu |
| Salem Main | 16/17 Car Street Salem Pin : 636001 | IOBA0000080 | 636020002 | Indian Overseas Bank | Salem | Salem | Tamil Nadu |
| Salem Four Roads | 50/1, Nelson Towers, Rajaji Road, Salem-636007 | IOBA0003252 | NON MICR | Indian Overseas Bank | Salem | Salem | Tamil Nadu |
| Salem - District Court | District Court Compound, Hasthampatti, Salem Pin 636007 | IOBA0001780 | Indian Overseas Bank | Salem | Salem | Tamil Nadu | |
| R.O.Salem | Post Box No: 454 Door No: 7/54, Ii Flr, Ideal Garden Complx Junction Road, Near Five Roads Salem Pin Code - 636004 |
IOBA0000823 | NON MICR | Indian Overseas Bank | Salem | Salem | Tamil Nadu |
| Puthiragoundampalayam | 1/73, Cuddalore Main Road, Puthiragoundanpalayam Athur Tq, Salem Dist Pin 636119 |
IOBA0002093 | Indian Overseas Bank | Puthragoundanpalayam | Salem | Tamil Nadu | |
| Periyanahalli | Salem Bangalore Road Periyanahalli Pin : 635205 | IOBA0000768 | NON-MICR | Indian Overseas Bank | Periyanahalli | Salem | Tamil Nadu |
Full form of IFSC code is Indian Financial System Code.
When you want to make a payment to an account you would need to mention an IFSC code along with the account number. IFSC code is used to identify a branch of a bank. An account number along with an IFSC code is used uniquely identify an account. This combination can be then used to make online fund transfer through NEFT or RTGS.
On the other hand, NEFT transactions generally take upto 2 hours to settle.
MICR stands for Magnetic Ink Character Recognition. It appears on your cheque just after your cheque number. It is used to identify a particular branch of a bank in a city. It is a nine digit number of which first 3 digits stand for city, next 3 for bank and last 3 for branch.
The MICR code is used for clearing the cheques. A machine can read MICR code and quickly identify the exact branch where the account of the cheque issuers is held.
National Electronic Funds Transfer is used for transferring the funds online. The system is available from 8 in the morning till 7 in the evening and 1 in the afternoon. Any NEFT requests not cleared on a day are rolled over to the next day and cleared on next working day. If you want to transfer funds instantly use RTGS or IMPS instead. You can also use online wallets.