Below are the complete branch details for Indian Overseas Bank, EGMORE branch, located in CHENNAI, TAMIL NADU. The IFSC assigned by the Reserve Bank of India to this branch is IOBA0000522. 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 IOBA0000522 for Indian Overseas Bank – EGMORE — saves you from rejected transfers, returned credits and the back-and-forth that follows them.
The Indian Financial System Code, popularly known as IFSC, is an 11-digit alphanumeric code that the RBI assigns to every bank branch participating in online interbank settlement. Without this code, an electronic transfer simply cannot reach its destination branch.
The IFSC for Indian Overseas Bank – EGMORE is IOBA0000522. The first four letters IOBA are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 000522 map to this branch in CHENNAI, TAMIL NADU.
Bank profile
Indian Overseas Bank is among the recognised banks listed on the Reserve Bank of India's payments network. The Egmore branch — IFSC IOBA0000522 — extends the bank's services to customers in and around Chennai, Tamil Nadu.
Branch details at a glance
| Bank Name | Indian Overseas Bank |
|---|---|
| Branch | Egmore |
| IFSC Code | IOBA0000522 |
| MICR Code | Refer to cheque leaf |
| Branch Address | 58A, I FLOOR, PANTHEON ROAD, EGMORE, CHENNAI - 600008 |
| City | Chennai |
| District | Chennai |
| State | Tamil Nadu |
| Phone | 28191581 |
About the Egmore branch
The Egmore branch of Indian Overseas Bank is situated at 58A, I FLOOR, PANTHEON ROAD, EGMORE, CHENNAI - 600008. Customers visiting this branch can complete cash deposits, withdrawals, demand draft requests, cheque clearing, passbook updates and KYC formalities. For online transactions to or from this branch, the IFSC code IOBA0000522 is used.
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 EGMORE of Indian Overseas Bank — its own 11-character IFSC. The code IOBA0000522 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 IOBA0000522 the same way you would treat your account number — verify it once and save it carefully for future use.
Account types you can open at the Egmore branch
Once you have an account at Indian Overseas Bank – EGMORE, the IFSC IOBA0000522 stays the same regardless of the type of account you hold. The branch typically supports the following options:
- Savings account — for individuals, with chequebook, ATM card and net-banking access.
- Current account — for sole proprietors, partnerships and companies that need higher transaction volumes.
- Salary account — opened in bulk for corporate employees, often with zero-balance benefits.
- NRE / NRO accounts — for non-resident Indians who want to repatriate or maintain rupee balances in India.
- Fixed deposit and recurring deposit — term-based investment accounts with quarterly or cumulative interest.
- Senior citizen accounts — concessional minimum balance and a small interest rate premium on FDs.
- Minor and student accounts — operated jointly with a guardian until the customer turns 18.
Eligibility, minimum balance and KYC requirements vary by product. Speak to a relationship officer at the branch for the latest schedule of charges and interest rates.
Products and services
Customers walking into the Egmore 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 IOBA0000522
How to transfer money using IFSC IOBA0000522
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 IOBA0000522 across all three.
NEFT to Indian Overseas Bank, EGMORE using IFSC IOBA0000522
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 IOBA0000522, and confirm that the system picks up Indian Overseas Bank – EGMORE. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
RTGS transfers via IFSC IOBA0000522
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 – EGMORE, ensure your bank's portal accepts IFSC IOBA0000522 while registering the beneficiary. RTGS is also available 24x7.
IMPS to Indian Overseas Bank EGMORE (IFSC IOBA0000522)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC IOBA0000522 in your mobile or internet banking app, and the money is credited to the EGMORE branch account within seconds.
Comparing NEFT, RTGS and IMPS for transfers to Egmore
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 IOBA0000522:
- 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 EGMORE is still linked to IFSC IOBA0000522.
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 EGMORE branch, the IFSC IOBA0000522 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.
Online banking and IFSC IOBA0000522
Indian Overseas Bank customers can register for net banking and the bank's official mobile app once their account at the EGMORE 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 IOBA0000522 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.
MICR & cheque-truncation details
Cheques drawn on the Egmore branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC IOBA0000522 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
Common mistakes to avoid when using IFSC IOBA0000522
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 – EGMORE, 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:
IOBA0000522. - 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 Egmore branch
The branch is located at 58A, I FLOOR, PANTHEON ROAD, EGMORE, CHENNAI - 600008, 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 Egmore branch” — the verified location pin for IFSC IOBA0000522 should appear at the top of the results.
- Confirm the branch is open by calling 28191581 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 IOBA0000522 and your account number.
Verifying IFSC IOBA0000522 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 IOBA0000522 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 28191581.
- 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 Egmore branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC IOBA0000522, however, work 24x7.
Branch address & contact
Indian Overseas BankEgmore Branch
58A, I FLOOR, PANTHEON ROAD, EGMORE, CHENNAI - 600008
Chennai, Tamil Nadu
Phone: 28191581
IFSC: IOBA0000522
Frequently asked questions
Where is Indian Overseas Bank Egmore branch located?
Indian Overseas Bank's Egmore branch is located at 58A, I FLOOR, PANTHEON ROAD, EGMORE, CHENNAI - 600008, Chennai, Tamil Nadu.
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 Egmore branch but serve different purposes.
What is the IFSC code of Indian Overseas Bank Egmore branch?
The IFSC code of Indian Overseas Bank, Egmore branch is IOBA0000522. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
Can I use IFSC IOBA0000522 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC IOBA0000522 to send funds instantly.
What is the phone number of Indian Overseas Bank Egmore branch?
You can reach the branch at 28191581 during regular banking hours.
Is IFSC IOBA0000522 the same for all accounts at Egmore branch?
Yes. The IFSC IOBA0000522 is shared by every account held at Indian Overseas Bank's Egmore branch. Only the account number changes from customer to customer.
How do I add Indian Overseas Bank Egmore as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC IOBA0000522, and complete OTP verification. Once activated, you can transfer funds at any time.
Does Indian Overseas Bank Egmore branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 28191581 to confirm.
Final notes
To recap: IOBA0000522 is the IFSC code of Indian Overseas Bank, EGMORE branch, in CHENNAI, TAMIL NADU. It is required for every electronic transfer to an account held at this branch. We keep this page updated with the latest address and contact details, so you can rely on the information here for your day-to-day banking needs.
