IOBA0001296: Indian Overseas Bank, Velachery
IFSC code IOBA0001296 belongs to the Velachery branch of Indian Overseas Bank in Chennai, Tamil Nadu. Its MICR code is 600020074.
- IFSC
- IOBA0001296
- MICR
- 600020074
- Branch
- Velachery
- District
- Chennai
- State
- Tamil Nadu
Branch address
Indian Overseas Bank
15, 100 Feet Bypass Rd, North Vijaya NGR, Velachery, Chennai
Payment systems
| System | On RBI's list for this branch | What it is for |
|---|---|---|
| NEFT | Yes | Transfers of any amount, settled in half-hourly batches, all day |
| RTGS | Yes | Large transfers (₹2 lakh and above), settled one by one in real time |
| IMPS | Yes | Instant transfers, any time, usually for smaller amounts |
| UPI | Yes | Payments 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 001296 is the code of the Velachery branch. In the MICR code 600020074, 600 is the city, 020 the bank and 074 the branch.
Other Indian Overseas Bank branches in Chennai
All 148 Indian Overseas Bank branches in Chennai
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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.
The IFSC of Indian Overseas Bank's Velachery branch (Chennai, Tamil Nadu) is IOBA0001296.
600020074. MICR is printed at the bottom of the branch's cheques.
15, 100 Feet Bypass Rd, North Vijaya NGR, Velachery, Chennai
RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC IOBA0001296 with the beneficiary's account number.
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