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Indian Overseas Bank · Madurai

IOBA0003531: Indian Overseas Bank, Rajagamberam

IFSC code IOBA0003531 belongs to the Rajagamberam branch of Indian Overseas Bank in Madurai, Tamil Nadu. Its MICR code is 625050085.

IFSC
IOBA0003531
MICR
625050085
Bank
Indian Overseas Bank
Branch
Rajagamberam
District
Madurai
State
Tamil Nadu
Phone
+914522520027

Branch address

Indian Overseas Bank
No 2/988-A3, First Floor, Avr Copmplex, Othakadai -Thitumogur Main Road, Madurai - 625107

Open in a map · Pincode 625107: post offices and area

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 003531 is the code of the Rajagamberam branch. In the MICR code 625050085, 625 is the city, 050 the bank and 085 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 Rajagamberam branch (Madurai, Tamil Nadu) is IOBA0003531.

  2. 625050085. MICR is printed at the bottom of the branch's cheques.

  3. No 2/988-A3, First Floor, Avr Copmplex, Othakadai -Thitumogur Main Road, Madurai - 625107

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC IOBA0003531 with the beneficiary's account number.

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