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ADAMBAKKAM    1 Branches
ADYAR    1 Branches
AMINJIKARAI    1 Branches
ANNA NAGAR    1 Branches
ARUMBAKKAM    1 Branches
ASHOK NGR    1 Branches
AYANAVARAM    1 Branches
B RDWAY    1 Branches
BESANT NAGAR    1 Branches
CATHEDRAL    1 Branches
CHENNAI AVADI    1 Branches
CHENNAI CAR STREET    1 Branches
CHENNAI CHINTADRIPET    1 Branches
CHENNAI INJAMBAKKAM    1 Branches
CHENNAI MADURAVOYAL    1 Branches
CHENNAI MINT    1 Branches
CHENNAI PAMMAL    1 Branches
CHENNAI PERAMBUR    1 Branches
CHENNAI SHENOY NAGAR    1 Branches
CHENNAI VHS    1 Branches
CHENNAI VYASARPADI    1 Branches
CHENNAIALANDUR    1 Branches
CHENNAIGANDHI NAGAR    1 Branches
CHENNAIGEMINI CIRCLE    1 Branches
CHENNAIGEORGE TOWN    1 Branches
CHENNAIGOWRIVAKKAM    1 Branches
CHENNAIHADDOWS ROAD    1 Branches
CHENNAIJAFFERKHANPET    1 Branches
CHENNAIKOYAMBEDU    1 Branches
CHENNAIKUMARAN    1 Branches
CHENNAIMOGAPPAIAR    1 Branches
CHENNAINOLAMBUR    1 Branches
CHENNAIPERAMBUR    1 Branches
CHENNAIVANDALUR    1 Branches
CHOOLAI    1 Branches
CHOOLAIMEDU    1 Branches
CHROMPET    1 Branches
COLLEGE ROAD    1 Branches
EAST MADA STREET    1 Branches
EGMORE    1 Branches
EKKATUTHANGAL    1 Branches
ESPLANADE    1 Branches
GENERAL ADMN DEPT    1 Branches
GILL NAGAR    1 Branches
INDIRA NAGAR    1 Branches
KEELAMBAKKAM    1 Branches
KEELKATTALAI    1 Branches
KELLYS    1 Branches
KILPAUK    1 Branches
KODAMBAKKAM    1 Branches
KOLATHUR    1 Branches
KOTTURPURAM    1 Branches
KUMARAN COLONY    1 Branches
KUNRATHUR    1 Branches
M C C CAMPUS    1 Branches
MADUVANKARAI    1 Branches
MAHALINGAPURAM    1 Branches
MEDAVAKKAM    1 Branches
MEENAMBAKKAM    1 Branches
MGR NAGAR    1 Branches
MMDA NAGAR    1 Branches
MOOVARASANPET    1 Branches
MOUNT ROAD    1 Branches
MUTHIALPET    1 Branches
MYLAPORE    1 Branches
NANDANAM    1 Branches
NANGANALLUR    1 Branches
NAZARATHPETTAI    1 Branches
NEHRU PARK    1 Branches
NELSON MANICKAM ROAD    1 Branches
NESAPAKKAM    1 Branches
NUNGAMBAKKAM    1 Branches
PETERS ROAD    1 Branches
PORUR    1 Branches
PURASAWALKAM    1 Branches
R K NAGAR    1 Branches
R O CHENNAI I    1 Branches
R O CHENNAI II    1 Branches
RAJA ANNAMALAIPURAM    1 Branches
RAJAJI BHAVAN    1 Branches
RANGARAJAPURAM    1 Branches
ROYAPURAM    1 Branches
SAIDAPET    1 Branches
SALIGRAMAM    1 Branches
SANTHOME    1 Branches
SECRETARIAT    1 Branches
SME KILPAUK    1 Branches
SOWKARPET    1 Branches
SRI RAM NAGAR    1 Branches
SSI GUINDY    1 Branches
ST THOMAS MOUNT    1 Branches
STELLA MARIS COLLEGE    1 Branches
T NAGAR    1 Branches
TAMBARAM    1 Branches
TEYNAMPET    1 Branches
THIRUVANMIYUR    1 Branches
THIRUVIKA NAGAR    1 Branches
THIRUVOTTIYUR MARKET    1 Branches
TOWER    1 Branches
TRIPLICANE    1 Branches
TVS COLONY CHENNAI    1 Branches
ULLAGARAM    1 Branches
VALASARAVAKKAM    1 Branches
VALLUR    1 Branches
VALLUVAR KOTTAM    1 Branches
VALMIKINAGAR    1 Branches
VELACHERY    1 Branches
VEPERY    1 Branches
VIJAYA HOSPITAL    1 Branches
VIJAYANAGARAM    1 Branches
VILLIVAKKAM    1 Branches
VIRUGAMBAKKAM    1 Branches
WALLTAX ROAD    1 Branches
WASHERMANPET    1 Branches
WEST CIT NAGAR    1 Branches
WEST MAMBALAM    1 Branches

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Rate Date : 22/11/24

We found 150 Branches available for INDIAN OVERSEAS BANK, TAMIL NADU, CHENNAI

General Information About Bank IFSC & MICR Code


What is an IFSC Code?

IFSC stands for Indian Financial System Code. It's an eleven digits & characters combination unique identifying number. This unique code helps to identify the perticular individual bank branches for smooth online transation such as NEFT, RTGS & IMPS transations. This code is developed by RBI (Reserve Bank of India).


Structure of the IFSC Code

The first four letters of the IFSC Code is bank code, Next one digits is genarally (0) zero & it's reserved for future use & last six digits is an unique identifier no for the particular Financial institution or bank branch.


Example : Breakdown of IFSC Code

A

B

C

D

0

1

2

3

4

5

6

Bank Code

Future Use

Branch Code


What is IFSC code used for?

IFSC Code used for various electronic or online fund transfer such as NEFT, RTGS, IMPS & other online fund transferring etc.


What is MICR Code?

MICR stands for Magnetic Ink Character Recognition technology & this code is developed by RBI (Reserve Bank of India). It's also a nine digits unique identifying number. This unique nine digits MICR code helps to identify the perticular individual bank branches and branch participating in an Electronic Clearing System (ECS).

The MICR code is located on the bottom of a each cheque leaf, next to the cheque number. You can also find it printed on the first page of a bank passbook.


Structure of the MICR Code


Example : Breakdown of MICR Code

1

2

3

4

5

6

7

8

9

City Code

Bank Code

Branch Code


What is MICR code used for?

MICR Code used for various financial transations such as SIP form or for transferring funds.


The given information is as per the guidelines of RBI (Reserve Bank of India)

Payment ServiceNEFTRTGSIMPS
ProcessProcess is based on Deferred Net Settlement (DNS) and the transfer of funds will be carried out in  half-hourly batches starting from 12:30 am to 12:00 amPayment process in which the money is credited in the beneficiary’s bank branch in real-time and on gross basisReal-time and instant interbank fund transfer process, IMPS is considered a secure & faster mode of fund transfer
Minimum Transfer LimitRe.1Rs.2 lakhRe.1
Maximum Transfer LimitNo limitNo limitRs.2 lakh
Operational TimingsAvailable 24x7, 365 days (including bank holidays)7 am to 6 pm on all working daysAvailable 24x7, 365 days (including bank holidays)
Inward Transaction ChargesNo chargesNo chargesDecided by individual member banks and PPIs


FAQ on IFSC & MICR code

Q. Do IFSC codes get changed?
A. Generally no but if the particular bank undergoes any merger or something then only the new IFSC code will be issued by RBI (Reserve Bank of India) & the old one will be deactivated.

Q. How to transfer money using the IFSC code?
A. Using IFSC code transferring funds from one bank to another bank or the same bank different accounts is really a hassle free solution. When you try to transfer funds using online banking such as NEFT, RTGS, IMPS & others method then you need the customer name, bank account no. & the IFSC code.

Q. Is sharing IFSC & MICR code safe?
A. Each Indivitual bank branch's IFSC code & MICR code is matchless and it's essential in India for transferring funds through the online banking. Every bank guarantees the security of the fund transfer & no one may misuse the IFSC code & MICR code for fraud, theft & spaming.

Q. Is IFSC code and branch code is same?
A. No. An IFSC code is an eleven digit alphanumeric unique code issued by RBI(Reserve Bank of India) to identify the each indivitual bank branch. Branch code is a part of of the IFSC code because it's identify a particual bank branch. The last 6 digit of the IFSC code is the branch code & this code is also printed on your first page of your bank passbook.