INDIAN OVERSEAS BANK IFSC Code – TRANSACTION BANKING DEPT, CHENNAI
Complete bank details including IFSC code, MICR code, address and payment facilities for TRANSACTION BANKING DEPT branch.
Bank Details
| Bank Name | INDIAN OVERSEAS BANK |
| Branch Name | TRANSACTION BANKING DEPT |
| IFSC Code | IOBA0009072 |
| MICR Code | WAITING |
| Address | 762,763 ANNA SALAI,CHENNAI 600001 |
| City | CHENNAI |
| State | TAMIL NADU |
| Contact | 28584896 |
Payment Facilities
About IFSC Code IOBA0009072
The IFSC code IOBA0009072 uniquely identifies the TRANSACTION BANKING DEPT 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 IOBA0009072
- 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 (009072) – Unique branch identifier for TRANSACTION BANKING DEPT
How to Use IFSC Code IOBA0009072
To transfer money to any account at INDIAN OVERSEAS BANK TRANSACTION BANKING DEPT branch, you will need to provide the IFSC code IOBA0009072 along with the beneficiary's account number. This code ensures your money reaches the correct branch securely.
Transfer Methods Available at TRANSACTION BANKING DEPT
- 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 TRANSACTION BANKING DEPT Branch
INDIAN OVERSEAS BANK TRANSACTION BANKING DEPT 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
762,763 ANNA SALAI,CHENNAI 600001, 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).
MICR Code Information
The MICR (Magnetic Ink Character Recognition) code for this branch is WAITING. 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 TRANSACTION BANKING DEPT?
The IFSC code of INDIAN OVERSEAS BANK TRANSACTION BANKING DEPT branch in CHENNAI is IOBA0009072.
What is the MICR code of INDIAN OVERSEAS BANK TRANSACTION BANKING DEPT?
The MICR code of INDIAN OVERSEAS BANK TRANSACTION BANKING DEPT branch is WAITING.
What is the address of INDIAN OVERSEAS BANK TRANSACTION BANKING DEPT?
INDIAN OVERSEAS BANK TRANSACTION BANKING DEPT branch is located at 762,763 ANNA SALAI,CHENNAI 600001.
Does INDIAN OVERSEAS BANK TRANSACTION BANKING DEPT support NEFT/RTGS/IMPS?
INDIAN OVERSEAS BANK TRANSACTION BANKING DEPT branch supports NEFT, RTGS, IMPS, and UPI transactions.