INDIAN OVERSEAS BANKVerified Feb 2026

INDIAN OVERSEAS BANK IFSC Code – KOODAL NAGAR, MADURAI

Complete bank details including IFSC code, MICR code, address and payment facilities for KOODAL NAGAR branch.

IFSC Code
IOBA0001664

Bank Details

Bank NameINDIAN OVERSEAS BANK
Branch NameKOODAL NAGAR
IFSC CodeIOBA0001664
MICR Code625020017
AddressALANGANALLUR ROAD,SATHANGAI ACADAMY CAMPUS,MADURAI 18
CityMADURAI
StateTAMIL NADU
Contact28584896

Payment Facilities

NEFT
Available
RTGS
Available
IMPS
Available
UPI
Available

About IFSC Code IOBA0001664

The IFSC code IOBA0001664 uniquely identifies the KOODAL NAGAR branch of INDIAN OVERSEAS BANK located in MADURAI, TAMIL NADU. This 11-character alphanumeric code is essential for all electronic fund transfers in India including NEFT, RTGS, IMPS, and UPI transactions.

Understanding IFSC Code IOBA0001664

  • First 4 characters (IOBA) – Represents INDIAN OVERSEAS BANK bank code assigned by RBI
  • 5th character (0) – Reserved for future use (always 0)
  • Last 6 characters (001664) – Unique branch identifier for KOODAL NAGAR

How to Use IFSC Code IOBA0001664

To transfer money to any account at INDIAN OVERSEAS BANK KOODAL NAGAR branch, you will need to provide the IFSC code IOBA0001664 along with the beneficiary's account number. This code ensures your money reaches the correct branch securely.

Transfer Methods Available at KOODAL NAGAR

  • NEFT (National Electronic Funds Transfer) – Settled in batches, available 24x7 on all days
  • RTGS (Real Time Gross Settlement) – For high-value transactions (₹2 lakh and above), real-time transfer
  • IMPS (Immediate Payment Service) – Instant transfer up to ₹5 lakh, available 24x7
  • UPI (Unified Payments Interface) – Instant mobile payments using VPA/UPI ID

About INDIAN OVERSEAS BANK KOODAL NAGAR Branch

INDIAN OVERSEAS BANK KOODAL NAGAR is a branch of INDIAN OVERSEAS BANK located in MADURAI, TAMIL NADU. The branch provides comprehensive banking services to customers in MADURAI and surrounding areas.

Branch Address

ALANGANALLUR ROAD,SATHANGAI ACADAMY CAMPUS,MADURAI 18, MADURAI, TAMIL NADU

Services Available

This branch offers various banking services including savings accounts, current accounts, fixed deposits, recurring deposits, loans, locker facilities, and digital banking services. Customers can also avail services like demand drafts, pay orders, and foreign exchange (subject to branch authorization).

MICR Code Information

The MICR (Magnetic Ink Character Recognition) code for this branch is 625020017. MICR code is a 9-digit code used for cheque clearing and identifies the bank, branch, and city. It is printed on cheques using magnetic ink for machine reading.

Important Information

Transfer Timings

  • NEFT: 24x7, 365 days (Settled in half-hourly batches)
  • RTGS: 24x7, 365 days (Real-time for ₹2L+)
  • IMPS: 24x7, 365 days (Instant)
  • UPI: 24x7, 365 days (Instant)

Verification Tips

  • Always verify IFSC code before transferring money
  • Cross-check with bank passbook or cheque book
  • IFSC codes may change after bank mergers
  • Contact branch for latest information

Frequently Asked Questions

What is the IFSC code of INDIAN OVERSEAS BANK KOODAL NAGAR?

The IFSC code of INDIAN OVERSEAS BANK KOODAL NAGAR branch in MADURAI is IOBA0001664.

What is the MICR code of INDIAN OVERSEAS BANK KOODAL NAGAR?

The MICR code of INDIAN OVERSEAS BANK KOODAL NAGAR branch is 625020017.

What is the address of INDIAN OVERSEAS BANK KOODAL NAGAR?

INDIAN OVERSEAS BANK KOODAL NAGAR branch is located at ALANGANALLUR ROAD,SATHANGAI ACADAMY CAMPUS,MADURAI 18.

Does INDIAN OVERSEAS BANK KOODAL NAGAR support NEFT/RTGS/IMPS?

INDIAN OVERSEAS BANK KOODAL NAGAR branch supports NEFT, RTGS, IMPS, and UPI transactions.