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Indian Overseas Bank · Madurai

IOBA0001044: Indian Overseas Bank, Lakshmipuram

IFSC code IOBA0001044 belongs to the Lakshmipuram branch of Indian Overseas Bank in Madurai, Tamil Nadu. Its MICR code is 625020105.

IFSC
IOBA0001044
MICR
625020105
Bank
Indian Overseas Bank
Branch
Lakshmipuram
District
Madurai
State
Tamil Nadu
Phone
+914546269032

Branch address

Indian Overseas Bank
No 66, Cumbum Road, Lakshmipuram - 625 523

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Payment systems

SystemOn RBI's list for this branchWhat it is for
NEFTYesTransfers of any amount, settled in half-hourly batches, all day
RTGSYesLarge transfers (₹2 lakh and above), settled one by one in real time
IMPSYesInstant transfers, any time, usually for smaller amounts
UPIYesPayments by UPI ID or mobile number from apps

Reading this IFSC

IOBA is Indian Overseas Bank's bank code, the fifth character 0 is kept for future use, and 001044 is the code of the Lakshmipuram branch. In the MICR code 625020105, 625 is the city, 020 the bank and 105 the branch.

Other Indian Overseas Bank branches in Madurai

All 56 Indian Overseas Bank branches in Madurai

IFSC and your loan

When you take a loan through Oxon Fintech, the lending partner (a bank or NBFC) pays the money straight into your own bank account, so the application asks for your account number and its IFSC. Check both against your passbook or cheque book: a wrong IFSC can delay the payment. Oxon never asks for your OTP, PIN, CVV or passwords.

Data: the Reserve Bank of India's list of NEFT and RTGS bank branches, as compiled by Razorpay's open-source IFSC dataset. Bank details change from time to time (branches merge, move or close); confirm the IFSC with your bank or on your cheque book before you send money. Oxon Fintech is a loan platform, not a bank, and is not linked to the banks listed.

01 FAQ

Common questions.

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  1. The IFSC of Indian Overseas Bank's Lakshmipuram branch (Madurai, Tamil Nadu) is IOBA0001044.

  2. 625020105. MICR is printed at the bottom of the branch's cheques.

  3. No 66, Cumbum Road, Lakshmipuram - 625 523

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC IOBA0001044 with the beneficiary's account number.

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