Indian Overseas Bank B RDWAY Branch IFSC Code

IOBA 0001307
Indian Overseas Bank Logo Indian Overseas Bank
B RDWAY — CHENNAI, TAMIL NADU
MICR: 600020064 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
Indian Overseas Bank
Branch
B RDWAY
IFSC Code
IOBA0001307
MICR Code
600020064
Address
62,PRAKASAM SALAI,B RD WAY,CHENNAI
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City
CHENNAI
District
CHENNAI
State
TAMIL NADU
Contact
25268616

How to Use This IFSC Code

NEFT Transfer

Use IFSC code IOBA0001307 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 IOBA0001307.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code IOBA0001307.

IFSC Code Structure

I
O
B
A
0
0
0
1
3
0
7
  • IOBA — Bank code (Indian Overseas Bank)
  • 0 — Reserved (always 0)
  • 001307 — Branch code (B RDWAY)

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Frequently Asked Questions

Is IOBA0001307 valid for online transfer?
Yes, IOBA0001307 is a valid IFSC code for Indian Overseas Bank B RDWAY branch in CHENNAI, TAMIL NADU. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does IOBA0001307 belong to?
IOBA0001307 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 B RDWAY is 600020064. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using IOBA0001307?
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.