This page lists the IFSC code, branch address, contact number and fund-transfer information for Indian Overseas Bank, R O CHENNAI II branch in CHENNAI. The 11-digit IFSC IOBA0002001 uniquely identifies this branch in the RBI's centralised payments network and is required for every NEFT, RTGS or IMPS transaction routed to this branch. If you are paying somebody who banks with Indian Overseas Bank at the R O CHENNAI II location, this is the only IFSC you need.
We have organised this page into clearly labelled sections so you can jump straight to the part that interests you — the IFSC and MICR details, the full postal address, the contact phone number, a quick primer on NEFT, RTGS and IMPS, the typical product line-up at the branch, and a frequently asked questions section that addresses the queries people raise most often about this branch.
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 – R O CHENNAI II is IOBA0002001. The first four letters IOBA are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 002001 map to this branch in CHENNAI, TAMIL NADU.
Branch details at a glance
| Bank Name | Indian Overseas Bank |
|---|---|
| Branch | R O Chennai Ii |
| IFSC Code | IOBA0002001 |
| MICR Code | Refer to cheque leaf |
| Branch Address | POST BOX NO 5237 DOOR NO NIL,807,ANNA SALAI 6TH FLOOR OPP TO LICBUILDING MADRAS 600002 |
| City | Chennai |
| District | Chennai |
| State | Tamil Nadu |
| STD Code | 44 |
| Phone | 28584896 |
About the bank
Indian Overseas Bank serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its R O Chennai Ii branch in Chennai, Tamil Nadu is part of this network and uses the IFSC code IOBA0002001 for all electronic settlement.
About the R O Chennai Ii branch
The R O Chennai Ii branch of Indian Overseas Bank is situated at POST BOX NO 5237 DOOR NO NIL,807,ANNA SALAI 6TH FLOOR OPP TO LICBUILDING MADRAS 600002. 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 IOBA0002001 is used.
The role of IFSC in India's payments network
India's electronic payment infrastructure — NEFT, RTGS, IMPS, UPI and the National Automated Clearing House (NACH) — is built on a single principle: every participating bank branch must be uniquely identifiable by an alphanumeric code. The Reserve Bank of India introduced the IFSC system to fulfil this requirement, and that is how Indian Overseas Bank's R O CHENNAI II branch came to be assigned the code IOBA0002001.
Whether you are receiving a salary on the first of the month, paying a vendor invoice, settling an EMI, or accepting a refund from an e-commerce platform, the IFSC is the silent piece of metadata that tells the network where your account lives. Without IFSC IOBA0002001, money simply cannot be routed to the R O CHENNAI II branch electronically.
How to transfer money using IFSC IOBA0002001
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 IOBA0002001 across all three.
How to use IFSC IOBA0002001 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Indian Overseas Bank's R O CHENNAI II branch. NEFT now settles on a 24x7 basis in half-hourly batches and has no upper limit for retail customers (individual banks may impose their own caps).
- Log in to your internet banking or mobile banking app.
- Choose Add Beneficiary and select NEFT / Other Bank.
- Enter the beneficiary name, account number and the IFSC IOBA0002001.
- Confirm the bank name auto-populates as Indian Overseas Bank and the branch as R O CHENNAI II.
- Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.
RTGS transfers via IFSC IOBA0002001
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 – R O CHENNAI II, ensure your bank's portal accepts IFSC IOBA0002001 while registering the beneficiary. RTGS is also available 24x7.
Send money instantly through IMPS
For a real-time, anytime transfer to Indian Overseas Bank – R O CHENNAI II, use IMPS. With IFSC IOBA0002001 and the beneficiary's account number you can move up to ₹5 lakh per transaction with instant credit, any day of the year.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC IOBA0002001 for Indian Overseas Bank – R O CHENNAI II, 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 – IOBA0002001 | Yes – IOBA0002001 | Yes – IOBA0002001 |
For most retail customers crediting the R O Chennai Ii 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.
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 R O CHENNAI II branch, the IFSC IOBA0002001 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 R O Chennai Ii branch is mapped to IFSC IOBA0002001 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 IOBA0002001.
Banking services available
The R O Chennai Ii branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 44-28584896.
- 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 IOBA0002001
MICR code & cheque clearing
Apart from IFSC, every cheque book issued by Indian Overseas Bank carries a 9-digit MICR (Magnetic Ink Character Recognition) code that is read by cheque-sorting machines. The MICR code, the IFSC IOBA0002001 and the account number together uniquely identify the R O Chennai Ii branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
Online banking and IFSC IOBA0002001
Indian Overseas Bank customers can register for net banking and the bank's official mobile app once their account at the R O CHENNAI II 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 IOBA0002001 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.
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 – R O CHENNAI II:
- The IFSC is exactly IOBA0002001 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 R O CHENNAI II 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 R O Chennai Ii branch sits at POST BOX NO 5237 DOOR NO NIL,807,ANNA SALAI 6TH FLOOR OPP TO LICBUILDING MADRAS 600002. If you are travelling from outside Chennai, search for the branch on a maps application using the bank name and locality, or call 44-28584896 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 IOBA0002001 and your account number.
Other ways to verify the IFSC code
While this page already lists the verified IFSC IOBA0002001 for Indian Overseas Bank – R O CHENNAI II, you can cross-check the code from any of these sources before initiating a high-value transfer:
- The front of the cheque book issued by the branch – the IFSC is printed at the top of every leaf.
- The first page of your passbook.
- The bank's official website under the branch locator.
- The Reserve Bank of India's IFSC search portal.
- Net banking dashboards usually display the home-branch IFSC under account details.
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 R O Chennai Ii branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC IOBA0002001, however, work 24x7.
Branch address & contact
Indian Overseas BankR O Chennai Ii Branch
POST BOX NO 5237 DOOR NO NIL,807,ANNA SALAI 6TH FLOOR OPP TO LICBUILDING MADRAS 600002
Chennai, Tamil Nadu
Phone: 44-28584896
IFSC: IOBA0002001
Frequently asked questions
What is the phone number of Indian Overseas Bank R O Chennai Ii branch?
You can reach the branch at 44-28584896 during regular banking hours.
Is IFSC IOBA0002001 the same for all accounts at R O Chennai Ii branch?
Yes. The IFSC IOBA0002001 is shared by every account held at Indian Overseas Bank's R O Chennai Ii branch. Only the account number changes from customer to customer.
Where is Indian Overseas Bank R O Chennai Ii branch located?
Indian Overseas Bank's R O Chennai Ii branch is located at POST BOX NO 5237 DOOR NO NIL,807,ANNA SALAI 6TH FLOOR OPP TO LICBUILDING MADRAS 600002, Chennai, Tamil Nadu.
How do I add Indian Overseas Bank R O Chennai Ii as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC IOBA0002001, and complete OTP verification. Once activated, you can transfer funds at any time.
What is the IFSC code of Indian Overseas Bank R O Chennai Ii branch?
The IFSC code of Indian Overseas Bank, R O Chennai Ii branch is IOBA0002001. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
How quickly will an NEFT transfer using IOBA0002001 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Indian Overseas Bank – R O Chennai Ii reflect within 30 minutes.
Final notes
To recap: IOBA0002001 is the IFSC code of Indian Overseas Bank, R O CHENNAI II 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.
