Indian Overseas Bank CHENNAI AVADI Branch IFSC Code

IOBA 0000008
Indian Overseas Bank Logo Indian Overseas Bank
CHENNAI AVADI — CHENNAI, TAMIL NADU
MICR: 600020042 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
Indian Overseas Bank
Branch
CHENNAI AVADI
IFSC Code
IOBA0000008
MICR Code
600020042
Address
229,NEW MILITARY ROAD,AVADI CHENNAI PIN600054
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City
CHENNAI
District
CHENNAI
State
TAMIL NADU
Contact
26556536

How to Use This IFSC Code

NEFT Transfer

Use IFSC code IOBA0000008 to send money via NEFT to this branch. NEFT transfers are processed in hourly batches during working hours. No minimum amount required.

RTGS Transfer

This branch supports RTGS for high-value instant transfers above ₹2 lakhs. Use the same IFSC code IOBA0000008.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code IOBA0000008.

IFSC Code Structure

I
O
B
A
0
0
0
0
0
0
8
  • IOBA — Bank code (Indian Overseas Bank)
  • 0 — Reserved (always 0)
  • 000008 — Branch code (CHENNAI AVADI)

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Frequently Asked Questions

Is IOBA0000008 valid for online transfer?
Yes, IOBA0000008 is a valid IFSC code for Indian Overseas Bank CHENNAI AVADI branch in CHENNAI, TAMIL NADU. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does IOBA0000008 belong to?
IOBA0000008 belongs to Indian Overseas Bank. The first 4 characters "IOBA" identify the bank.
What is the MICR code for this branch?
The MICR code for Indian Overseas Bank CHENNAI AVADI is 600020042. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using IOBA0000008?
Yes, this branch supports RTGS (Real Time Gross Settlement). RTGS is used for high-value instant transfers above ₹2 lakhs. Available on working days during RBI specified hours.