INDIAN OVERSEAS BANK IFSC Code – MADHAVARAM CHENNAI, MADHAVARAM
Complete bank details including IFSC code, MICR code, address and payment facilities for MADHAVARAM CHENNAI branch.
Bank Details
| Bank Name | INDIAN OVERSEAS BANK |
| Branch Name | MADHAVARAM CHENNAI |
| IFSC Code | IOBA0002363 |
| MICR Code | 600020182 |
| Address | 382 I FLOOR MADHAVAM REDHILLS ROAD,MADHAVARAM,CHENNAI 60 PIN 600060 |
| City | MADHAVARAM |
| District | CUDDAPAH |
| State | ANDHRA PRADESH |
| Contact | 25580072 |
Payment Facilities
About IFSC Code IOBA0002363
The IFSC code IOBA0002363 uniquely identifies the MADHAVARAM CHENNAI branch of INDIAN OVERSEAS BANK located in MADHAVARAM, ANDHRA PRADESH. This 11-character alphanumeric code is essential for all electronic fund transfers in India including NEFT, RTGS, IMPS, and UPI transactions.
Understanding IFSC Code IOBA0002363
- 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 (002363) – Unique branch identifier for MADHAVARAM CHENNAI
How to Use IFSC Code IOBA0002363
To transfer money to any account at INDIAN OVERSEAS BANK MADHAVARAM CHENNAI branch, you will need to provide the IFSC code IOBA0002363 along with the beneficiary's account number. This code ensures your money reaches the correct branch securely.
Transfer Methods Available at MADHAVARAM CHENNAI
- 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 MADHAVARAM CHENNAI Branch
INDIAN OVERSEAS BANK MADHAVARAM CHENNAI is a branch of INDIAN OVERSEAS BANK located in MADHAVARAM, ANDHRA PRADESH. The branch provides comprehensive banking services to customers in MADHAVARAM and surrounding areas.
Branch Address
382 I FLOOR MADHAVAM REDHILLS ROAD,MADHAVARAM,CHENNAI 60 PIN 600060, MADHAVARAM, ANDHRA PRADESH
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 600020182. 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 MADHAVARAM CHENNAI?
The IFSC code of INDIAN OVERSEAS BANK MADHAVARAM CHENNAI branch in MADHAVARAM is IOBA0002363.
What is the MICR code of INDIAN OVERSEAS BANK MADHAVARAM CHENNAI?
The MICR code of INDIAN OVERSEAS BANK MADHAVARAM CHENNAI branch is 600020182.
What is the address of INDIAN OVERSEAS BANK MADHAVARAM CHENNAI?
INDIAN OVERSEAS BANK MADHAVARAM CHENNAI branch is located at 382 I FLOOR MADHAVAM REDHILLS ROAD,MADHAVARAM,CHENNAI 60 PIN 600060.
Does INDIAN OVERSEAS BANK MADHAVARAM CHENNAI support NEFT/RTGS/IMPS?
INDIAN OVERSEAS BANK MADHAVARAM CHENNAI branch supports NEFT, RTGS, IMPS, and UPI transactions.