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Indian Overseas Bank

Reserve bank of India has allotted IFSC codes to all the bank branches in India to easily identify the transactions which are done through a particular branch. IFSC codes are unique 11 digits codes with alphabetic and numeric characters, which are given to all bank branches, and the code won’t repeat. It is mandatory to enter IFSC code or MICR codes to identify the branches to perform the cash transactions, without this code the bank branches can’t transfer the funds.

These codes helps the users to ensure that the transferred funds receives to the rightful person without any error or concern. The IFSC code for Indian overseas bank Broadway branch Chennai Tamil nadu is IOBA0001307.

This IFSC code can be used for online money transaction via NEFT, RTGS and IMPS to any Indian overseas Bank account or to any other bank accounts, Here the first 4 alphabets IOBA indicates the bank name, The fifth digit is 0 [zero] for future use, The last 6 digits 001307 indicates the particular branch of Indian overseas Bank which is located in Broadway, Chennai.

IFSC code whose full form is Indian Financial System Code used for online payment applications like RTGS which is Real Time Gross Settlement, NEFT which is National Electronic Funds Transfer, IPM, from one bank to another through IMPS which is electronic Instant Mobile Money transfer Service and CFMS which is Centralized Funds Management System instructed by RBI.

RBI has allotted IFSC codes to all banks in India to find out the branches when money transfer takes place. According to RBI guidelines the IFSC code is mandatory for interbank transfers via NEFT and RTGS to any bank in India, with the help of IFSC codes and MICR codes the online funds transaction are made easily without any confusion. This codes helps to avoid risk factor while sending and receiving funds through banks in our country and it makes sure that the money reaches to the rightful account holder at the specified branch.

Easy way to find Indian overseas bank’s IFSC code and MICR code?

If the customer knows the full name of the bank and its branch location then it is easy to find the IFSC and MICR code, the customer can find the codes in the passbook and cheque books of the specified bank which is printed on the passbook, or the website of RBI also offers the entire list of IFSC codes required for the account holder. Some third party website also shows the IFSC codes in their websites.

Some of the popular financial comparison sites display the table carrying IFSC codes for Bank of Baroda’s branches throughout the India. Any account holder visiting the website has to choose the Bank IFSC code link present on the home page where 4 columns are displayed. Customers must feed some bank details like the state -> district -> branch -> to get the IFSC codes or MICR codes for Indian overseas bank. The website displays all details about the bank such as the phone number, address, of the branch, name, branch code, etc...

Indian Overseas Bank Branch Details

About Indian Overseas Bank

Indian overseas bank was established in February 1937 which is now under the control of ministry of finance by Government of India. IOB was specialising in foreign exchange business and overseas [foreign] banking, which made them to create various milestones in Indian Banking Sector. IOB was one of the 14 major banks taken over by the government of India at the time of Nationalization. In 1957 Indian overseas bank established its own training centre and in 1964 they celebrated the Inauguration of IOB's Head Office in Mount Road, Chennai, Tamil Nadu. In the year 2000 Indian overseas bank became the first public sector bank in the country to introduce mobile banking services using the Wireless Application Protocol (WAP).

Indian overseas bank has up to 3,400 domestic branches, about 6 foreign branches, the following 6 foreign branches of Indian overseas bank was opened in Colombo, Hong Kong, Singapore, Bangkok, Remittance centre in Singapore, and in Qatar. There are a total of 3450 Indian overseas bank ATM’s are there in India.

Indian overseas bank have merged and entered into Non-Life Insurance Business with Universal Sompo General Insurance (USGI) Company Limited with equity participation of 19% which is along with some other banks like Allahabad Bank, Karnataka Bank, and Dabur Investments. Indian overseas bank also has a tie-up with Apollo Munich Health Insurance to provide specialized health and personal accident products to their customers.

Products and Services which are provided by Indian overseas bank

  • Deposit Accounts:-

    • There are two types of deposit accounts in Indian overseas bank which are Current Account and Savings Account.

  • Loans:-

    • There are six types of loaning system in Indian overseas bank which are Home Loan, Personal Loan, Loan against Property, Car Loan, Education Loan, and Two-wheeler Loan.

  • Investments:-

    • There are two types of investment plans in Indian overseas bank which are Fixed Deposits, and Recurring Deposits.

  • Cards:

    • There are two types of cards which are used in Indian Overseas Bank which are Debit Card, and Credit Card.

  • Type of Banking:-

    • There are four types of banking which is done in Indian Overseas Bank which are Balance Enquiry, Mobile Banking, Net Banking, and Customer services.

The total assets value of Indian Overseas Bank is 2.61 lakh crores in INR which is precisely 37 billion dollars in U.S. Dollar Currency.

Address Agri Business Consultancy Services, (ABC Services)
Indian Overseas Bank,
Central Office,
6th Floor, Annex Building,
763, Anna Salai,
Chennai- 600 002,
Tamil Nadu, India.
E-mail:- iobmail@vsnl.com
Contact:- 0091-44-852 3582
Fax:- 0091-44-841 8030.

Indian Overseas Bank Andaman And Nicobar Island Branch IFSC Code

Indian Overseas Bank Andhra Pradesh Branch IFSC Code

Indian Overseas Bank Arunachal Pradesh Branch IFSC Code

    City Branch IFSC Code
    Naharlagun Naharlagun IOBA0002728

Indian Overseas Bank Assam Branch IFSC Code

Indian Overseas Bank Bihar Branch IFSC Code

Indian Overseas Bank Chandigarh Branch IFSC Code

Indian Overseas Bank Chhattisgarh Branch IFSC Code

Indian Overseas Bank Daman And Diu Branch IFSC Code

Indian Overseas Bank Delhi Branch IFSC Code

Indian Overseas Bank Goa Branch IFSC Code

Indian Overseas Bank Gujarat Branch IFSC Code

Indian Overseas Bank Haryana Branch IFSC Code

Indian Overseas Bank Himachal Pradesh Branch IFSC Code

Indian Overseas Bank Jammu And Kashmir Branch IFSC Code

Indian Overseas Bank Jharkhand Branch IFSC Code

Indian Overseas Bank Karnataka Branch IFSC Code

Indian Overseas Bank Kerala Branch IFSC Code

Indian Overseas Bank Madhya Pradesh Branch IFSC Code

Indian Overseas Bank Maharashtra Branch IFSC Code

Indian Overseas Bank Manipur Branch IFSC Code

Indian Overseas Bank Meghalaya Branch IFSC Code

Indian Overseas Bank Mizoram Branch IFSC Code

Indian Overseas Bank Nagaland Branch IFSC Code

Indian Overseas Bank Odisha Branch IFSC Code

Indian Overseas Bank Puducherry Branch IFSC Code

Indian Overseas Bank Punjab Branch IFSC Code

Indian Overseas Bank Rajasthan Branch IFSC Code

Indian Overseas Bank Sikkim Branch IFSC Code

Indian Overseas Bank Tamil Nadu Branch IFSC Code

Indian Overseas Bank Tripura Branch IFSC Code

Indian Overseas Bank Uttar Pradesh Branch IFSC Code

Indian Overseas Bank Uttarakhand Branch IFSC Code

Indian Overseas Bank West Bengal Branch IFSC Code