Use this page as a one-stop reference for everything related to Indian Overseas Bank's ANNA NAGAR branch in CHENNAI, TAMIL NADU. The branch's IFSC code IOBA0000270 is the key identifier you need whenever a remitter, employer or biller asks for a bank routing number to send funds to an account held at this branch. We have also included the branch's postal address, telephone number, banking hours, common services, and an extensive FAQ block that should answer almost every question that comes up when you are about to add this branch as a beneficiary in your net-banking app for the first time.
An IFSC (Indian Financial System Code) is an 11-character alphanumeric code issued by the Reserve Bank of India. It uniquely identifies every bank branch that participates in the RBI's electronic fund-transfer systems – NEFT, RTGS and IMPS. The first four characters represent the bank, the fifth is always a zero (reserved for future use), and the last six characters identify the specific branch.
For Indian Overseas Bank's ANNA NAGAR branch, the IFSC IOBA0000270 breaks down as follows: IOBA identifies the bank, 0 is the reserved character, and 000270 identifies this particular branch.
Branch details at a glance
| Bank Name | Indian Overseas Bank |
|---|---|
| Branch | Anna Nagar |
| IFSC Code | IOBA0000270 |
| MICR Code | Refer to cheque leaf |
| Branch Address | F - 46, FIRST AVENUE, EAST ANNA NAGAR, CHENNAI - 600 102 |
| City | Chennai |
| District | Chennai |
| State | Tamil Nadu |
| Phone | 26261819 |
Bank profile
Indian Overseas Bank is among the recognised banks listed on the Reserve Bank of India's payments network. The Anna Nagar branch — IFSC IOBA0000270 — extends the bank's services to customers in and around Chennai, Tamil Nadu.
About this branch
The branch is located at F - 46, FIRST AVENUE, EAST ANNA NAGAR, CHENNAI - 600 102. It serves the Chennai region and is connected to the bank's core banking platform, which means transactions initiated here are instantly visible across all other branches of Indian Overseas Bank. The IFSC IOBA0000270 is used to identify this branch on the RBI payments network.
Why every Indian Overseas Bank branch has a unique IFSC
Before electronic settlement systems went live in India, money transfers between banks relied heavily on demand drafts, mail transfers and telegraphic transfers. These older instruments routinely took days to clear and were prone to misrouting because there was no single machine-readable identifier for a branch. The Reserve Bank of India solved this by issuing each participating branch — including ANNA NAGAR of Indian Overseas Bank — its own 11-character IFSC. The code IOBA0000270 is therefore not just an internal reference; it is the digital postcode that lets the RBI's NEFT, RTGS and IMPS rails route funds straight to the right branch ledger without any human intervention.
Today, almost every salary credit, vendor payment, refund and EMI deduction in the country flows through this network, which is exactly why a correct IFSC matters so much. A wrong character can either bounce the transfer or send it to the wrong branch, and reversing such a credit is a manual, time-consuming process. Treat IFSC IOBA0000270 the same way you would treat your account number — verify it once and save it carefully for future use.
How to transfer money using IFSC IOBA0000270
Online transfers in India are powered by three major channels — NEFT, RTGS and IMPS — and each one requires a destination IFSC. Below is a quick guide for using IFSC IOBA0000270 across all three.
NEFT to Indian Overseas Bank, ANNA NAGAR using IFSC IOBA0000270
National Electronic Funds Transfer is the simplest way to move money into an account at this branch. NEFT works around the clock, including Sundays and public holidays, and settles in half-hourly batches.
To send funds, add the recipient as a beneficiary in your bank's online portal, key in the account number, paste the IFSC IOBA0000270, and confirm that the system picks up Indian Overseas Bank – ANNA NAGAR. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
RTGS transfers via IFSC IOBA0000270
RTGS (Real-Time Gross Settlement) is the fastest high-value transfer mechanism in India. It is meant for transfers of ₹2 lakh and above and settles each transaction individually and instantly. To remit through RTGS to Indian Overseas Bank – ANNA NAGAR, ensure your bank's portal accepts IFSC IOBA0000270 while registering the beneficiary. RTGS is also available 24x7.
IMPS to Indian Overseas Bank ANNA NAGAR (IFSC IOBA0000270)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC IOBA0000270 in your mobile or internet banking app, and the money is credited to the ANNA NAGAR branch account within seconds.
Comparing NEFT, RTGS and IMPS for transfers to Anna Nagar
The right transfer rail depends on how urgent the payment is, how large it is, and whether the receiving bank participates in the chosen scheme. Every option below works with the IFSC IOBA0000270:
- NEFT — best for everyday transfers of any amount; settles in half-hourly batches around the clock.
- RTGS — best for transfers of ₹2 lakh and above; settles each transaction individually in real time.
- IMPS — best when speed matters more than batch scheduling; instant credit up to ₹5 lakh.
- UPI — best for small peer-to-peer payments using a VPA; the underlying account at ANNA NAGAR is still linked to IFSC IOBA0000270.
For salary credits, vendor payouts and refunds, employers and merchants usually default to NEFT because of its zero per-transaction cost for retail customers and its 24x7 availability.
How UPI relates to the IFSC code
UPI lets you pay using a short Virtual Payment Address instead of typing the IFSC every time, but behind the scenes every UPI mandate is mapped to an account number plus an IFSC. For accounts at Indian Overseas Bank's ANNA NAGAR branch, the IFSC IOBA0000270 is what the National Payments Corporation of India (NPCI) uses to route the credit when you tap Pay on a UPI app.
That is why, even in the UPI era, it is still worth knowing the IFSC of your home branch — for failed UPI mandates, e-mandate set-ups, third-party platform onboarding and salary or refund credits.
Products and account variants supported
Every account opened at the Anna Nagar branch is mapped to IFSC IOBA0000270 on the RBI payments network. The branch generally supports the full retail product catalogue of Indian Overseas Bank, including:
- Resident savings accounts and salary accounts
- Current accounts for businesses and professionals
- Fixed deposits, recurring deposits and tax-saver deposits
- Demand drafts, banker's cheques and pay orders
- Retail loans — personal, vehicle, education, gold and home
- Credit cards and overdraft facilities (subject to eligibility)
- Third-party investment products such as mutual funds and insurance (through tie-ups)
Whichever product you choose, the IFSC for incoming credits remains IOBA0000270.
Banking services available
The Anna Nagar branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 26261819.
- Savings, current and salary accounts
- Fixed deposits and recurring deposits
- Personal, vehicle and home loans
- Demat and investment products (where supported)
- Internet banking and mobile banking enrolment
- Debit and credit card issuance
- Locker facilities (subject to availability)
- Foreign exchange services (at authorised branches)
- Bill payments, demand drafts and pay orders
- NEFT / RTGS / IMPS / UPI fund transfers using IFSC IOBA0000270
MICR & cheque-truncation details
Cheques drawn on the Anna Nagar branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC IOBA0000270 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
Online banking and IFSC IOBA0000270
Indian Overseas Bank customers can register for net banking and the bank's official mobile app once their account at the ANNA NAGAR branch is active. Net banking lets you view balances, download statements, open fixed deposits, request cheque books and initiate NEFT/RTGS/IMPS transfers — all without setting foot in the branch. The IFSC IOBA0000270 is pre-filled by the bank for transfers originating from your own account, and you only need to enter it manually when adding an external beneficiary or sharing your account details with a third party.
Common mistakes to avoid when using IFSC IOBA0000270
An incorrect IFSC almost always results in a failed transfer or, worse, a credit to the wrong branch. Before you click Confirm on a transfer to Indian Overseas Bank – ANNA NAGAR, double-check for these issues:
- Confusing 0 with O. The fifth character of every IFSC is the digit
0, not the letter O. Read carefully. - Spaces or hyphens. Do not put spaces in the IFSC. It is exactly 11 characters:
IOBA0000270. - Wrong branch. A bank can have dozens of branches in the same city. Make sure you are using the IFSC for the actual branch where the beneficiary holds the account, not just any nearby branch.
- Old IFSC after a merger. If two banks have merged, the IFSC may have been reissued. Always verify with a recent passbook or cheque leaf.
- Copy-paste from chat. Auto-correct on phones can silently change letters in IFSC codes. Type carefully or copy from a trusted source like the cheque book.
How to reach the Anna Nagar branch
The branch is located at F - 46, FIRST AVENUE, EAST ANNA NAGAR, CHENNAI - 600 102, which puts it inside Chennai, the broader Chennai district, and the state of Tamil Nadu. To plan your visit:
- Open Google Maps on your phone and search for “Indian Overseas Bank Anna Nagar branch” — the verified location pin for IFSC IOBA0000270 should appear at the top of the results.
- Confirm the branch is open by calling 26261819 before stepping out, especially around public holidays.
- Carry photo ID and any account-related documents you may need for the transaction you plan to do.
Most banking work — passbook updates, fund transfers, statement downloads — can also be completed online without visiting the branch in person, as long as you know the IFSC IOBA0000270 and your account number.
Verifying IFSC IOBA0000270 from official sources
The IFSC listed on this page is sourced from the RBI's master list and validated against the bank's branch directory. To double-check before transferring large sums, you can also confirm IOBA0000270 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 26261819.
- Visiting the bank's official branch locator page.
Branch banking hours and holidays
Indian bank branches typically operate from 10:00 AM to 4:00 PM, Monday to Friday, and from 10:00 AM to 2:00 PM on working Saturdays (usually the 1st, 3rd and 5th Saturdays). The Anna Nagar branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC IOBA0000270, however, work 24x7.
Branch address & contact
Indian Overseas BankAnna Nagar Branch
F - 46, FIRST AVENUE, EAST ANNA NAGAR, CHENNAI - 600 102
Chennai, Tamil Nadu
Phone: 26261819
IFSC: IOBA0000270
Frequently asked questions
How do I add Indian Overseas Bank Anna Nagar as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC IOBA0000270, and complete OTP verification. Once activated, you can transfer funds at any time.
What is the difference between IFSC and MICR code?
IFSC is an 11-character alphanumeric code used for online transfers, while MICR is a 9-digit numeric code printed on cheques and used by cheque-clearing machines. Both identify the Anna Nagar branch but serve different purposes.
Is IFSC IOBA0000270 the same for all accounts at Anna Nagar branch?
Yes. The IFSC IOBA0000270 is shared by every account held at Indian Overseas Bank's Anna Nagar branch. Only the account number changes from customer to customer.
Where is Indian Overseas Bank Anna Nagar branch located?
Indian Overseas Bank's Anna Nagar branch is located at F - 46, FIRST AVENUE, EAST ANNA NAGAR, CHENNAI - 600 102, Chennai, Tamil Nadu.
What is the phone number of Indian Overseas Bank Anna Nagar branch?
You can reach the branch at 26261819 during regular banking hours.
Is IFSC IOBA0000270 valid for NEFT and RTGS?
Yes. IFSC IOBA0000270 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Summary
The IFSC code IOBA0000270 belongs to Indian Overseas Bank's ANNA NAGAR branch, located at F - 46, FIRST AVENUE, EAST ANNA NAGAR, CHENNAI - 600 102 in CHENNAI, TAMIL NADU. Use this code along with the beneficiary's account number for any NEFT, RTGS or IMPS transfer to this branch. Bookmark this page for quick reference whenever you need the branch's banking details.
