Indian Overseas Bank MADHAVARAM CHENNAI Branch IFSC Code

IOBA 0002363
Indian Overseas Bank Logo Indian Overseas Bank
MADHAVARAM CHENNAI — CHENNAI, TAMIL NADU
MICR: 600020182 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
Indian Overseas Bank
Branch
MADHAVARAM CHENNAI
IFSC Code
IOBA0002363
MICR Code
600020182
Address
382 I FLOOR MADHAVAM REDHILLS ROAD,MADHAVARAM,CHENNAI 60 PIN 600060
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City
CHENNAI
District
MADHAVARAM
State
TAMIL NADU
Contact
+914425580072

How to Use This IFSC Code

NEFT Transfer

Use IFSC code IOBA0002363 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 IOBA0002363.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code IOBA0002363.

IFSC Code Structure

I
O
B
A
0
0
0
2
3
6
3
  • IOBA — Bank code (Indian Overseas Bank)
  • 0 — Reserved (always 0)
  • 002363 — Branch code (MADHAVARAM CHENNAI)

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Frequently Asked Questions

Is IOBA0002363 valid for online transfer?
Yes, IOBA0002363 is a valid IFSC code for Indian Overseas Bank MADHAVARAM CHENNAI branch in CHENNAI, TAMIL NADU. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does IOBA0002363 belong to?
IOBA0002363 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 MADHAVARAM CHENNAI is 600020182. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using IOBA0002363?
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.