INDIAN OVERSEAS BANKVerified Feb 2026

INDIAN OVERSEAS BANK IFSC Code – MGR NAGAR, CHENNAI

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

IFSC Code
IOBA0003508

Bank Details

Bank NameINDIAN OVERSEAS BANK
Branch NameMGR NAGAR
IFSC CodeIOBA0003508
MICR CodeNA
Address1 NEW NO 17/1 DR MGR COMPLEX, ANNA MAIN ROAD,MGR NAGAR , CHENNAI - 600078
CityCHENNAI
StateTAMIL NADU
Contact28525980

Payment Facilities

NEFT
Available
RTGS
Available
IMPS
Available
UPI
Available

About IFSC Code IOBA0003508

The IFSC code IOBA0003508 uniquely identifies the MGR NAGAR branch of INDIAN OVERSEAS BANK located in CHENNAI, 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 IOBA0003508

  • 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 (003508) – Unique branch identifier for MGR NAGAR

How to Use IFSC Code IOBA0003508

To transfer money to any account at INDIAN OVERSEAS BANK MGR NAGAR branch, you will need to provide the IFSC code IOBA0003508 along with the beneficiary's account number. This code ensures your money reaches the correct branch securely.

Transfer Methods Available at MGR 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 MGR NAGAR Branch

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

Branch Address

1 NEW NO 17/1 DR MGR COMPLEX, ANNA MAIN ROAD,MGR NAGAR , CHENNAI - 600078, CHENNAI, 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).

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 MGR NAGAR?

The IFSC code of INDIAN OVERSEAS BANK MGR NAGAR branch in CHENNAI is IOBA0003508.

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

The MICR code of INDIAN OVERSEAS BANK MGR NAGAR branch is NA.

What is the address of INDIAN OVERSEAS BANK MGR NAGAR?

INDIAN OVERSEAS BANK MGR NAGAR branch is located at 1 NEW NO 17/1 DR MGR COMPLEX, ANNA MAIN ROAD,MGR NAGAR , CHENNAI - 600078.

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

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