Use this page as a one-stop reference for everything related to Indian Overseas Bank's MADURAI K PUDUR branch in MADURAI, TAMIL NADU. The branch's IFSC code IOBA0000898 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.
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, IOBA0000898 is the IFSC of Indian Overseas Bank's MADURAI K PUDUR branch. The format is fixed: IOBA = bank code, 0 = reserved, 000898 = branch identifier.
About Indian Overseas Bank
Indian Overseas Bank operates a wide network of branches across India, including the Madurai K Pudur branch in Madurai. 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, IOBA0000898.
About the Madurai K Pudur branch
The Madurai K Pudur branch of Indian Overseas Bank is situated at NO 115, ALAGAR KOVIL MAIN ROAD, K PUDUR, MADURAI - 625 007. 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 IOBA0000898 is used.
Branch details at a glance
| Bank Name | Indian Overseas Bank |
|---|---|
| Branch | Madurai K Pudur |
| IFSC Code | IOBA0000898 |
| MICR Code | Refer to cheque leaf |
| Branch Address | NO 115, ALAGAR KOVIL MAIN ROAD, K PUDUR, MADURAI - 625 007 |
| City | Madurai |
| District | Madurai |
| State | Tamil Nadu |
| STD Code | 0 |
| Phone | 2568215 |
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 MADURAI K PUDUR branch came to be assigned the code IOBA0000898.
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 IOBA0000898, money simply cannot be routed to the MADURAI K PUDUR branch electronically.
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 IOBA0000898 and the account number together uniquely identify the Madurai K Pudur branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
How to transfer money using IFSC IOBA0000898
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 IOBA0000898 across all three.
NEFT to Indian Overseas Bank, MADURAI K PUDUR using IFSC IOBA0000898
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 IOBA0000898, and confirm that the system picks up Indian Overseas Bank – MADURAI K PUDUR. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
Real-Time Gross Settlement to MADURAI K PUDUR
If you need to transfer ₹2 lakh or more in one go to an account at Indian Overseas Bank's MADURAI K PUDUR branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC IOBA0000898 while initiating the transfer and the credit will appear within minutes.
IMPS to Indian Overseas Bank MADURAI K PUDUR (IFSC IOBA0000898)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC IOBA0000898 in your mobile or internet banking app, and the money is credited to the MADURAI K PUDUR branch account within seconds.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC IOBA0000898 for Indian Overseas Bank – MADURAI K PUDUR, 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 – IOBA0000898 | Yes – IOBA0000898 | Yes – IOBA0000898 |
For most retail customers crediting the Madurai K Pudur 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 IOBA0000898
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 – MADURAI K PUDUR is still mapped to IFSC IOBA0000898. 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 IOBA0000898 and the beneficiary's account number to complete the transfer.
Account types you can open at the Madurai K Pudur branch
Once you have an account at Indian Overseas Bank – MADURAI K PUDUR, the IFSC IOBA0000898 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 Madurai K Pudur 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 IOBA0000898
Digital banking channels
Most day-to-day work that customers used to do at the Madurai K Pudur 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 IOBA0000898 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.
How to reach the Madurai K Pudur branch
The branch is located at NO 115, ALAGAR KOVIL MAIN ROAD, K PUDUR, MADURAI - 625 007, which puts it inside Madurai, the broader Madurai district, and the state of Tamil Nadu. To plan your visit:
- Open Google Maps on your phone and search for “Indian Overseas Bank Madurai K Pudur branch” — the verified location pin for IFSC IOBA0000898 should appear at the top of the results.
- Confirm the branch is open by calling 2568215 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 IOBA0000898 and your account number.
Common mistakes to avoid when using IFSC IOBA0000898
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 – MADURAI K PUDUR, 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:
IOBA0000898. - 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.
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 Madurai K Pudur branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC IOBA0000898, however, work 24x7.
Other ways to verify the IFSC code
While this page already lists the verified IFSC IOBA0000898 for Indian Overseas Bank – MADURAI K PUDUR, 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 address & contact
Indian Overseas BankMadurai K Pudur Branch
NO 115, ALAGAR KOVIL MAIN ROAD, K PUDUR, MADURAI - 625 007
Madurai, Tamil Nadu
Phone: 2568215
IFSC: IOBA0000898
Frequently asked questions
What is the phone number of Indian Overseas Bank Madurai K Pudur branch?
You can reach the branch at 2568215 during regular banking hours.
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 Madurai K Pudur branch but serve different purposes.
What is the IFSC code of Indian Overseas Bank Madurai K Pudur branch?
The IFSC code of Indian Overseas Bank, Madurai K Pudur branch is IOBA0000898. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
How quickly will an NEFT transfer using IOBA0000898 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Indian Overseas Bank – Madurai K Pudur reflect within 30 minutes.
Is IFSC IOBA0000898 valid for NEFT and RTGS?
Yes. IFSC IOBA0000898 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Can I use IFSC IOBA0000898 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC IOBA0000898 to send funds instantly.
Final notes
To recap: IOBA0000898 is the IFSC code of Indian Overseas Bank, MADURAI K PUDUR branch, in MADURAI, 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.
