Indian Overseas Bank — CHAROTTIKONAM

TRIVANDRUM, KERALA

IFSC Code

IOBA0001027

MICR Code

695020803

Branch

CHAROTTIKONAM

Bank

Indian Overseas Bank

District

NEYYATTINKARA

State

KERALA

Contact

2215062

Address

KPD XIV 138,CHAROTTIKONAM PLAMOOTUKADA PO THIRUVANANTHAPURAM PIN 695128

Get Directions to This Branch

Using IFSC IOBA0001027 for money transfers

NEFT (National Electronic Funds Transfer) lets you send money to any account at Indian Overseas Bank's CHAROTTIKONAM branch from any other bank in India. Transfers are processed in half-hourly batches, so funds usually reach the recipient within a couple of hours, and there's no minimum or maximum amount restriction from RBI's side.

For amounts of ₹2 lakh or more sent to an account at Indian Overseas Bank, CHAROTTIKONAM, RTGS is usually the better choice over NEFT — each transaction settles on its own in real time instead of waiting in a batch.

IMPS (Immediate Payment Service) is the fastest of the three — funds move to CHAROTTIKONAM within seconds, any time of day including bank holidays. It's typically capped at ₹5 lakh per transaction depending on your bank's own limits.

NEFT & RTGS Timing — System Hours vs. Branch Hours

A distinction that matters if you're transferring to CHAROTTIKONAM: the RBI settlement system runs 24x7 for NEFT and RTGS, but that doesn't mean this specific branch is open around the clock. Online transfers process any time; in-person or cash-based requests still depend on the branch actually being open.

MethodSystem HoursIf Visiting CHAROTTIKONAM In Person
NEFT24x7x365, including weekends and holidays (RBI mandate since 16 Dec 2019)Online/net-banking NEFT processes any time. An in-branch, cash, or cheque-based NEFT request still depends on that branch's working hours.
RTGS24x7x365, including weekends and holidays (RBI mandate since 14 Dec 2020)Minimum transfer amount is ₹2 lakh. Same system-vs-branch-hours distinction as NEFT applies for in-person requests.
IMPS24x7x365 — always has been, no banking-hours restriction at the system level.Typically capped per transaction depending on your bank's own limits (often around ₹5 lakh).

Here's how to send money to CHAROTTIKONAM using net banking or a UPI app:

  1. Log in to your bank's net banking portal or mobile banking app.
  2. Add a new beneficiary/payee, entering the recipient's full name and account number.
  3. Enter the IFSC code IOBA0001027 when prompted — this routes the transfer to CHAROTTIKONAM specifically.
  4. Most banks require a short cooling-off period (often a few hours) after adding a new beneficiary before the first transfer.
  5. Once the beneficiary is active, choose NEFT, RTGS, or IMPS based on the amount and how quickly you need it to arrive.
  6. Enter the amount, review the details (name, account number, IFSC), and confirm with your OTP/PIN.

Frequently asked questions

What is the IFSC code of the Indian Overseas Bank CHAROTTIKONAM branch?

The IFSC code for Indian Overseas Bank's CHAROTTIKONAM branch in TRIVANDRUM, NEYYATTINKARA, KERALA is IOBA0001027. This 11-character code is required for NEFT, RTGS, and IMPS transfers to any account held at this branch.

What is the MICR code of this branch?

The MICR code for this branch is 695020803. MICR codes are used for cheque clearing, while the IFSC code (IOBA0001027) is what's needed for electronic transfers like NEFT and RTGS.

Where is the CHAROTTIKONAM branch of Indian Overseas Bank located?

This branch is located at: KPD XIV 138,CHAROTTIKONAM PLAMOOTUKADA PO THIRUVANANTHAPURAM PIN 695128. It falls under NEYYATTINKARA district, KERALA.

Can I use this IFSC code for both NEFT and RTGS transfers?

Yes — the same IFSC code (IOBA0001027) is used for NEFT, RTGS, and IMPS transfers to this branch. Which one you should pick depends on the amount and urgency, not the code itself: RTGS for ₹2 lakh+ needing near-instant settlement, NEFT for regular batch-processed transfers, and IMPS for smaller amounts that need to land in seconds.

Is there a phone number for this branch?

Yes, this branch's listed contact number is 2215062.

Other Indian Overseas Bank branches in NEYYATTINKARA

NEYYATINKARA

Indian Overseas Bank in other districts of KERALA

THIRUVANANTHAPURAM (13)KOCHI (8)PATHANAMTHITTA (6)THIRUVALLA (6)CALICUT (5)KOZHIKODE (5)KOLLAM (4)KOTTAYAM (4)

IFSC and MICR code data sourced from bank-published branch records. While we take care to keep this current, always confirm the IFSC code with your bank before making a large transfer — see our disclaimer for details.