IFSC Code IOBA0001490 - Indian Overseas Bank-MADURAI MELUR-Madurai

Detail Information
IFSC Code IOBA0001490
Bank Name Indian Overseas Bank
Address 21 AND 22,MILL ROAD,MELUR PIN 625106
District Madurai
State Tamil nadu
Branch Madurai melur
Contact
Centre Available
IMPS Available
UPI Available
MICR 625020027
RTGS 1
NEFT Not Available
ISO3166 IN-TN
Bankcode IOBA

Overview of IOBA0001490

The IFSC code IOBA0001490 is associated with the Madurai MADURAI MELUR Branch of Indian Overseas Bank. Located in the bustling city of Madurai, TAMIL NADU, this branch is one of the many Indian Overseas Bank branches that cater to the banking needs of the local residents. The code "IOBA" in IOBA0001490 represents Indian Overseas Bank Bank, while 0001490 signifies the unique branch code for MADURAI MELUR.

Significance of IFSC Code for Banking Transactions

The importance of the IFSC code, like IOBA0001490, for the MADURAI MELUR Branch, cannot be overstated. It acts as an address that identifies both the Indian Overseas Bank and its specific branch in Madurai. This ensures that when you're transferring money or setting up a beneficiary for future transactions, your funds are directed to the correct bank branch. Without the IFSC code, the chances of errors in electronic fund transfers would be significantly higher, leading to potential financial losses and administrative hassles.

Deep Dive into IOBA0001490

The IFSC code IOBA0001490 is not just a random combination of letters and numbers. It holds significance in the banking world, especially for those who bank with Indian Overseas Bank in Madurai. Let's break down the details:

  • IFSC Code (IOBA0001490): This unique code is essential for electronic fund transfers. The first four characters "IOBA" represent the bank's name, Indian Overseas Bank. The last six characters "0001490" are a unique identifier for the MADURAI MELUR branch.
  • Bank Name (Indian Overseas Bank): One of [country]'s leading banks, Indian Overseas Bank offers a wide range of banking products and financial services to its vast customer base.
  • Address (21 AND 22,MILL ROAD,MELUR PIN 625106): This specific address pinpoints the exact location of the branch, ensuring that customers can easily find it for their banking needs.
  • City & State (Madurai, TAMIL NADU): The branch is situated in the heart of Madurai, the capital city of TAMIL NADU. A city known for its [CITY_FEATURES].
  • Branch (MADURAI MELUR): The [AREA_NAME] area in Madurai is a hub of activity, and the Indian Overseas Bank branch here caters to both individual and business banking needs.
  • Phone Number (2417658): A direct line to the branch, this number ensures that customers can reach out for any queries, concerns, or banking assistance.

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