Below are the complete branch details for Indian Overseas Bank, CHENNAIKALAKSHETRA COLONY branch, located in CHENNAI, TAMIL NADU. The IFSC assigned by the Reserve Bank of India to this branch is IOBA0002082. Whether you want to transfer money, add a beneficiary, verify a cheque or simply confirm the branch address, you will find authentic, up-to-date information on this page that has been cross-checked against the bank's branch directory and the RBI's master list of participants in the National Electronic Funds Transfer system.
The IFSC code is one of the most frequently asked-for pieces of information when somebody wants to send you money or set up a recurring credit such as a salary, EMI auto-debit or supplier payment. Knowing exactly which IFSC belongs to your branch — in this case IOBA0002082 for Indian Overseas Bank – CHENNAIKALAKSHETRA COLONY — saves you from rejected transfers, returned credits and the back-and-forth that follows them.
IFSC stands for Indian Financial System Code. It is an 11-character code that pinpoints a particular bank branch on the RBI's real-time payment rails. Every NEFT, RTGS or IMPS instruction must carry the destination branch's IFSC for the credit to land in the correct account.
In our case, IOBA0002082 is the IFSC of Indian Overseas Bank's CHENNAIKALAKSHETRA COLONY branch. The format is fixed: IOBA = bank code, 0 = reserved, 002082 = branch identifier.
Branch details at a glance
| Bank Name | Indian Overseas Bank |
|---|---|
| Branch | Chennaikalakshetra Colony |
| IFSC Code | IOBA0002082 |
| MICR Code | Refer to cheque leaf |
| Branch Address | NO 103, M G RAMACHANDRAN ROAD, KALAKSHETRA COLONY, BESANT NAGAR, CHENNAI 600090 |
| City | Chennai |
| District | Chennai |
| State | Tamil Nadu |
| Phone | 2397533 |
Bank profile
Indian Overseas Bank is among the recognised banks listed on the Reserve Bank of India's payments network. The Chennaikalakshetra Colony branch — IFSC IOBA0002082 — extends the bank's services to customers in and around Chennai, Tamil Nadu.
Chennaikalakshetra Colony branch overview
Located at NO 103, M G RAMACHANDRAN ROAD, KALAKSHETRA COLONY, BESANT NAGAR, CHENNAI 600090, the Chennaikalakshetra Colony branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC IOBA0002082 is required for all interbank electronic transfers routed through this branch.
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 CHENNAIKALAKSHETRA COLONY of Indian Overseas Bank — its own 11-character IFSC. The code IOBA0002082 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 IOBA0002082 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 IOBA0002082
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 IOBA0002082 across all three.
NEFT to Indian Overseas Bank, CHENNAIKALAKSHETRA COLONY using IFSC IOBA0002082
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 IOBA0002082, and confirm that the system picks up Indian Overseas Bank – CHENNAIKALAKSHETRA COLONY. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
Real-Time Gross Settlement to CHENNAIKALAKSHETRA COLONY
If you need to transfer ₹2 lakh or more in one go to an account at Indian Overseas Bank's CHENNAIKALAKSHETRA COLONY branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC IOBA0002082 while initiating the transfer and the credit will appear within minutes.
IMPS to Indian Overseas Bank CHENNAIKALAKSHETRA COLONY (IFSC IOBA0002082)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC IOBA0002082 in your mobile or internet banking app, and the money is credited to the CHENNAIKALAKSHETRA COLONY branch account within seconds.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC IOBA0002082 for Indian Overseas Bank – CHENNAIKALAKSHETRA COLONY, but they differ in speed, minimum amount and use case. The table below summarises the differences so you can pick the right channel for the situation at hand.
| Parameter | NEFT | RTGS | IMPS |
|---|---|---|---|
| Minimum amount | ₹1 | ₹2,00,000 | ₹1 |
| Maximum amount | No RBI cap | No RBI cap | ₹5,00,000 |
| Settlement | Half-hourly batches | Real-time | Real-time |
| Availability | 24x7 | 24x7 | 24x7 |
| Best for | Routine transfers | High-value transfers | Urgent small / mid transfers |
| IFSC required | Yes – IOBA0002082 | Yes – IOBA0002082 | Yes – IOBA0002082 |
For most retail customers crediting the Chennaikalakshetra Colony branch, NEFT or IMPS will be the quickest and most economical option. RTGS comes in for one-off, high-value movements such as property purchases, vendor settlements or large gifts.
UPI payments and IFSC IOBA0002082
UPI (Unified Payments Interface) has become the default way for individuals to send money in India. While most UPI transactions are addressed using a Virtual Payment Address (VPA) like name@bank, the underlying account at Indian Overseas Bank – CHENNAIKALAKSHETRA COLONY is still mapped to IFSC IOBA0002082. When a customer links a savings or current account to a UPI app for the first time, the app silently looks up this IFSC against the account number to verify the account exists. The VPA acts as a friendly alias on top of the same plumbing.
If a UPI transfer to or from this branch fails, the most common reasons are an inactive UPI handle, a daily limit breach or a temporary outage at one of the participating banks — not the IFSC. You can always fall back to NEFT or IMPS using the IFSC IOBA0002082 and the beneficiary's account number to complete the transfer.
Products and account variants supported
Every account opened at the Chennaikalakshetra Colony branch is mapped to IFSC IOBA0002082 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 IOBA0002082.
Products and services
Customers walking into the Chennaikalakshetra Colony branch can access most of Indian Overseas Bank's standard product suite, including:
- Account opening – savings, current, NRI, salary
- Term deposits and recurring deposits
- Retail and small-business loans
- Insurance and mutual-fund tie-ups
- Locker, safe deposit and ATM card services
- Online and mobile banking activation
- Electronic transfers via IFSC IOBA0002082
MICR & cheque-truncation details
Cheques drawn on the Chennaikalakshetra Colony branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC IOBA0002082 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
Digital banking channels
Most day-to-day work that customers used to do at the Chennaikalakshetra Colony branch counter can now be completed digitally — adding a beneficiary, transferring funds, applying for a fixed deposit, raising a service request or downloading account statements. The IFSC IOBA0002082 is the link between the digital channel and the branch ledger; once a transaction is confirmed, the credit or debit is reflected in the same core banking system that the branch officers see.
Things to verify before sending money
Banking errors are usually small typos that snowball into delayed credits and customer-care follow-ups. Use this short checklist before you confirm any transfer to Indian Overseas Bank – CHENNAIKALAKSHETRA COLONY:
- The IFSC is exactly IOBA0002082 with no extra spaces.
- The beneficiary's account number matches what they shared, digit for digit.
- The portal auto-fills Indian Overseas Bank as the bank name and CHENNAIKALAKSHETRA COLONY as the branch.
- The amount and the purpose of payment are correct.
- You have a valid OTP-verifying mobile number on hand.
A 30-second review here saves hours of reconciliation later.
Reaching the branch
The Chennaikalakshetra Colony branch sits at NO 103, M G RAMACHANDRAN ROAD, KALAKSHETRA COLONY, BESANT NAGAR, CHENNAI 600090. If you are travelling from outside Chennai, search for the branch on a maps application using the bank name and locality, or call 2397533 to ask for landmarks. Many customers find it easier to skip the trip altogether: net banking, mobile apps, NEFT, RTGS, IMPS and UPI all work using the IFSC IOBA0002082 and your account number.
Verifying IFSC IOBA0002082 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 IOBA0002082 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 2397533.
- Visiting the bank's official branch locator page.
Working hours
Branch counters at Chennaikalakshetra Colony are usually open from 10 AM to 4 PM on weekdays. Saturdays follow the RBI's alternate-Saturday rule. Even when the branch is closed, NEFT, RTGS, IMPS and UPI transfers addressed to IOBA0002082 continue to work without interruption.
Branch address & contact
Indian Overseas BankChennaikalakshetra Colony Branch
NO 103, M G RAMACHANDRAN ROAD, KALAKSHETRA COLONY, BESANT NAGAR, CHENNAI 600090
Chennai, Tamil Nadu
Phone: 2397533
IFSC: IOBA0002082
Frequently asked questions
Can I use IFSC IOBA0002082 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC IOBA0002082 to send funds instantly.
How do I add Indian Overseas Bank Chennaikalakshetra Colony as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC IOBA0002082, and complete OTP verification. Once activated, you can transfer funds at any time.
Where is Indian Overseas Bank Chennaikalakshetra Colony branch located?
Indian Overseas Bank's Chennaikalakshetra Colony branch is located at NO 103, M G RAMACHANDRAN ROAD, KALAKSHETRA COLONY, BESANT NAGAR, CHENNAI 600090, Chennai, Tamil Nadu.
What is the IFSC code of Indian Overseas Bank Chennaikalakshetra Colony branch?
The IFSC code of Indian Overseas Bank, Chennaikalakshetra Colony branch is IOBA0002082. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
How quickly will an NEFT transfer using IOBA0002082 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Indian Overseas Bank – Chennaikalakshetra Colony reflect within 30 minutes.
What is the phone number of Indian Overseas Bank Chennaikalakshetra Colony branch?
You can reach the branch at 2397533 during regular banking hours.
Is IFSC IOBA0002082 valid for NEFT and RTGS?
Yes. IFSC IOBA0002082 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Summary
The IFSC code IOBA0002082 belongs to Indian Overseas Bank's CHENNAIKALAKSHETRA COLONY branch, located at NO 103, M G RAMACHANDRAN ROAD, KALAKSHETRA COLONY, BESANT NAGAR, CHENNAI 600090 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.
