Indian Overseas Bank KOODAL NAGAR Branch IFSC Code

IOBA 0001664
Indian Overseas Bank Logo Indian Overseas Bank
KOODAL NAGAR — MADURAI, TAMIL NADU
MICR: 625020017 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
Indian Overseas Bank
Branch
KOODAL NAGAR
IFSC Code
IOBA0001664
MICR Code
625020017
Address
SATHANGAI COMPLEX, NO- 3/4, PALAMEDU MAIN ROAD, KOODAL NAGAR, MADURAI 625 018
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City
MADURAI
District
MADURAI
State
TAMIL NADU
Contact
+914428584896

How to Use This IFSC Code

NEFT Transfer

Use IFSC code IOBA0001664 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 IOBA0001664.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code IOBA0001664.

IFSC Code Structure

I
O
B
A
0
0
0
1
6
6
4
  • IOBA — Bank code (Indian Overseas Bank)
  • 0 — Reserved (always 0)
  • 001664 — Branch code (KOODAL NAGAR)

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Frequently Asked Questions

Is IOBA0001664 valid for online transfer?
Yes, IOBA0001664 is a valid IFSC code for Indian Overseas Bank KOODAL NAGAR branch in MADURAI, TAMIL NADU. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does IOBA0001664 belong to?
IOBA0001664 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 KOODAL NAGAR is 625020017. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using IOBA0001664?
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.