Indian Overseas Bank NEHRU PARK Branch IFSC Code

IOBA 0000306
Indian Overseas Bank Logo Indian Overseas Bank
NEHRU PARK — CHENNAI, TAMIL NADU
MICR: 600020010 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
Indian Overseas Bank
Branch
NEHRU PARK
IFSC Code
IOBA0000306
MICR Code
600020010
Address
872, POONAMALLE HIGH ROAD, CHENNAI - 600 084
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City
CHENNAI
District
CHENNAI
State
TAMIL NADU
Contact
26413141

How to Use This IFSC Code

NEFT Transfer

Use IFSC code IOBA0000306 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 IOBA0000306.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code IOBA0000306.

IFSC Code Structure

I
O
B
A
0
0
0
0
3
0
6
  • IOBA — Bank code (Indian Overseas Bank)
  • 0 — Reserved (always 0)
  • 000306 — Branch code (NEHRU PARK)

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Frequently Asked Questions

Is IOBA0000306 valid for online transfer?
Yes, IOBA0000306 is a valid IFSC code for Indian Overseas Bank NEHRU PARK branch in CHENNAI, TAMIL NADU. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does IOBA0000306 belong to?
IOBA0000306 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 NEHRU PARK is 600020010. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using IOBA0000306?
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.