Indian Overseas Bank VEPERY Branch IFSC Code

IOBA 0002320
Indian Overseas Bank Logo Indian Overseas Bank
VEPERY — CHENNAI, TAMIL NADU
MICR: 600020180 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
Indian Overseas Bank
Branch
VEPERY
IFSC Code
IOBA0002320
MICR Code
600020180
Address
50 E V K SAMPATH ROAD,CHENNAI 600 007
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City
CHENNAI
District
CHENNAI
State
TAMIL NADU
Contact
26618188

How to Use This IFSC Code

NEFT Transfer

Use IFSC code IOBA0002320 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 IOBA0002320.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code IOBA0002320.

IFSC Code Structure

I
O
B
A
0
0
0
2
3
2
0
  • IOBA — Bank code (Indian Overseas Bank)
  • 0 — Reserved (always 0)
  • 002320 — Branch code (VEPERY)

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Frequently Asked Questions

Is IOBA0002320 valid for online transfer?
Yes, IOBA0002320 is a valid IFSC code for Indian Overseas Bank VEPERY branch in CHENNAI, TAMIL NADU. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does IOBA0002320 belong to?
IOBA0002320 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 VEPERY is 600020180. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using IOBA0002320?
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.