INDIAN OVERSEAS BANKVerified Feb 2026

INDIAN OVERSEAS BANK IFSC Code – MID CORPORATE MADURAI, MADURAI

Complete bank details including IFSC code, MICR code, address and payment facilities for MID CORPORATE MADURAI branch.

IFSC Code
IOBA0002979

Bank Details

Bank NameINDIAN OVERSEAS BANK
Branch NameMID CORPORATE MADURAI
IFSC CodeIOBA0002979
MICR Code625020071
AddressNO 40,80 FEET ROAD,ARIGNAR ANNA NAGAR,MADURAI 625020
CityMADURAI
StateTAMIL NADU
Contact28584896

Payment Facilities

NEFT
Available
RTGS
Available
IMPS
Available
UPI
Available

About IFSC Code IOBA0002979

The IFSC code IOBA0002979 uniquely identifies the MID CORPORATE MADURAI 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 IOBA0002979

  • 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 (002979) – Unique branch identifier for MID CORPORATE MADURAI

How to Use IFSC Code IOBA0002979

To transfer money to any account at INDIAN OVERSEAS BANK MID CORPORATE MADURAI branch, you will need to provide the IFSC code IOBA0002979 along with the beneficiary's account number. This code ensures your money reaches the correct branch securely.

Transfer Methods Available at MID CORPORATE MADURAI

  • 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 MID CORPORATE MADURAI Branch

INDIAN OVERSEAS BANK MID CORPORATE MADURAI 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

NO 40,80 FEET ROAD,ARIGNAR ANNA NAGAR,MADURAI 625020, 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 625020071. 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 MID CORPORATE MADURAI?

The IFSC code of INDIAN OVERSEAS BANK MID CORPORATE MADURAI branch in MADURAI is IOBA0002979.

What is the MICR code of INDIAN OVERSEAS BANK MID CORPORATE MADURAI?

The MICR code of INDIAN OVERSEAS BANK MID CORPORATE MADURAI branch is 625020071.

What is the address of INDIAN OVERSEAS BANK MID CORPORATE MADURAI?

INDIAN OVERSEAS BANK MID CORPORATE MADURAI branch is located at NO 40,80 FEET ROAD,ARIGNAR ANNA NAGAR,MADURAI 625020.

Does INDIAN OVERSEAS BANK MID CORPORATE MADURAI support NEFT/RTGS/IMPS?

INDIAN OVERSEAS BANK MID CORPORATE MADURAI branch supports NEFT, RTGS, IMPS, and UPI transactions.