INDIAN OVERSEAS BANKVerified Feb 2026

INDIAN OVERSEAS BANK IFSC Code – KORATTUR, AMBATTUR

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

IFSC Code
IOBA0002448

Bank Details

Bank NameINDIAN OVERSEAS BANK
Branch NameKORATTUR
IFSC CodeIOBA0002448
MICR Code600020185
AddressH28,CENTRAL AVENUE,KORATTUR,CHENNAI 600 080
CityAMBATTUR
DistrictTHIRUVALLUR
StateTAMIL NADU
Contact26872448

Payment Facilities

NEFT
Available
RTGS
Available
IMPS
Available
UPI
Available

About IFSC Code IOBA0002448

The IFSC code IOBA0002448 uniquely identifies the KORATTUR branch of INDIAN OVERSEAS BANK located in AMBATTUR, 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 IOBA0002448

  • 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 (002448) – Unique branch identifier for KORATTUR

How to Use IFSC Code IOBA0002448

To transfer money to any account at INDIAN OVERSEAS BANK KORATTUR branch, you will need to provide the IFSC code IOBA0002448 along with the beneficiary's account number. This code ensures your money reaches the correct branch securely.

Transfer Methods Available at KORATTUR

  • 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 KORATTUR Branch

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

Branch Address

H28,CENTRAL AVENUE,KORATTUR,CHENNAI 600 080, AMBATTUR, 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 600020185. 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 KORATTUR?

The IFSC code of INDIAN OVERSEAS BANK KORATTUR branch in AMBATTUR is IOBA0002448.

What is the MICR code of INDIAN OVERSEAS BANK KORATTUR?

The MICR code of INDIAN OVERSEAS BANK KORATTUR branch is 600020185.

What is the address of INDIAN OVERSEAS BANK KORATTUR?

INDIAN OVERSEAS BANK KORATTUR branch is located at H28,CENTRAL AVENUE,KORATTUR,CHENNAI 600 080.

Does INDIAN OVERSEAS BANK KORATTUR support NEFT/RTGS/IMPS?

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