If you are searching for the IFSC code of Indian Overseas Bank, WASHERMANPET branch in CHENNAI, TAMIL NADU, this page has every detail you need. The verified IFSC code for this branch is IOBA0000142. You can use it for NEFT, RTGS and IMPS fund transfers, online banking add-payee actions, UPI mandates and any other electronic payment request that asks for an Indian Financial System Code. The information on this page is curated specifically for customers, remitters, employers and businesses who need to credit funds to an account maintained at this branch, and it is structured so you can find what you need within a few seconds of landing here.
You will see the complete branch address, the area STD code and phone number, the city and state, the day-to-day banking services that are typically offered at the WASHERMANPET branch, and detailed step-by-step guides for using the IFSC IOBA0000142 across NEFT, RTGS and IMPS rails. A frequently-asked-questions section at the end answers the most common queries we receive about this particular branch.
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 WASHERMANPET branch, the IFSC IOBA0000142 breaks down as follows: IOBA identifies the bank, 0 is the reserved character, and 000142 identifies this particular branch.
About Indian Overseas Bank
Indian Overseas Bank operates a wide network of branches across India, including the Washermanpet branch in Chennai. Each branch is enabled for NEFT, RTGS, IMPS and core banking, allowing customers to send and receive money anywhere in the country using a unique IFSC – in this case, IOBA0000142.
Branch details at a glance
| Bank Name | Indian Overseas Bank |
|---|---|
| Branch | Washermanpet |
| IFSC Code | IOBA0000142 |
| MICR Code | Refer to cheque leaf |
| Branch Address | OLD 530 738,THIRUVOTTIYUR HIGH RD,WASHERMANPET,CHENNAI |
| City | Chennai |
| District | Chennai |
| State | Tamil Nadu |
| Phone | 25953344 |
Washermanpet branch overview
Located at OLD 530 738,THIRUVOTTIYUR HIGH RD,WASHERMANPET,CHENNAI, the Washermanpet branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC IOBA0000142 is required for all interbank electronic transfers routed through this branch.
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 WASHERMANPET branch came to be assigned the code IOBA0000142.
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 IOBA0000142, money simply cannot be routed to the WASHERMANPET branch electronically.
Products and account variants supported
Every account opened at the Washermanpet branch is mapped to IFSC IOBA0000142 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 IOBA0000142.
Products and services
Customers walking into the Washermanpet 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 IOBA0000142
How to transfer money using IFSC IOBA0000142
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 IOBA0000142 across all three.
How to use IFSC IOBA0000142 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Indian Overseas Bank's WASHERMANPET 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 IOBA0000142.
- Confirm the bank name auto-populates as Indian Overseas Bank and the branch as WASHERMANPET.
- Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.
RTGS transfers via IFSC IOBA0000142
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 – WASHERMANPET, ensure your bank's portal accepts IFSC IOBA0000142 while registering the beneficiary. RTGS is also available 24x7.
IMPS to Indian Overseas Bank WASHERMANPET (IFSC IOBA0000142)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC IOBA0000142 in your mobile or internet banking app, and the money is credited to the WASHERMANPET branch account within seconds.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC IOBA0000142 for Indian Overseas Bank – WASHERMANPET, 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 – IOBA0000142 | Yes – IOBA0000142 | Yes – IOBA0000142 |
For most retail customers crediting the Washermanpet 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 WASHERMANPET branch, the IFSC IOBA0000142 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.
Digital banking channels
Most day-to-day work that customers used to do at the Washermanpet 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 IOBA0000142 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.
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 IOBA0000142 and the account number together uniquely identify the Washermanpet branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
Common mistakes to avoid when using IFSC IOBA0000142
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 – WASHERMANPET, 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:
IOBA0000142. - 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.
Reaching the branch
The Washermanpet branch sits at OLD 530 738,THIRUVOTTIYUR HIGH RD,WASHERMANPET,CHENNAI. If you are travelling from outside Chennai, search for the branch on a maps application using the bank name and locality, or call 25953344 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 IOBA0000142 and your account number.
Verifying IFSC IOBA0000142 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 IOBA0000142 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 25953344.
- Visiting the bank's official branch locator page.
Working hours
Branch counters at Washermanpet 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 IOBA0000142 continue to work without interruption.
Branch address & contact
Indian Overseas BankWashermanpet Branch
OLD 530 738,THIRUVOTTIYUR HIGH RD,WASHERMANPET,CHENNAI
Chennai, Tamil Nadu
Phone: 25953344
IFSC: IOBA0000142
Frequently asked questions
Does Indian Overseas Bank Washermanpet branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 25953344 to confirm.
Can I use IFSC IOBA0000142 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC IOBA0000142 to send funds instantly.
How do I add Indian Overseas Bank Washermanpet as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC IOBA0000142, and complete OTP verification. Once activated, you can transfer funds at any time.
Is IFSC IOBA0000142 valid for NEFT and RTGS?
Yes. IFSC IOBA0000142 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
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 Washermanpet branch but serve different purposes.
How quickly will an NEFT transfer using IOBA0000142 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Indian Overseas Bank – Washermanpet reflect within 30 minutes.
What is the IFSC code of Indian Overseas Bank Washermanpet branch?
The IFSC code of Indian Overseas Bank, Washermanpet branch is IOBA0000142. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
Is IFSC IOBA0000142 the same for all accounts at Washermanpet branch?
Yes. The IFSC IOBA0000142 is shared by every account held at Indian Overseas Bank's Washermanpet branch. Only the account number changes from customer to customer.
Summary
The IFSC code IOBA0000142 belongs to Indian Overseas Bank's WASHERMANPET branch, located at OLD 530 738,THIRUVOTTIYUR HIGH RD,WASHERMANPET,CHENNAI 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.
