Indian Overseas Bank LAKSHMIPURAM IFSC Code: IOBA0001044
MADURAI, LAKSHMIPURAM, TAMIL NADU • MICR: 625020105
How to find IFSC Code IOBA0001044 branch for LAKSHMIPURAM?
It is critical to find and verify the correct IFSC code IOBA0001044 for the LAKSHMIPURAM branch of Indian Overseas Bank before initiating any electronic fund transfer such as NEFT, RTGS, or IMPS. Indian commercial banks verify the 11-digit IFSC code along with the beneficiary account number, branch details, and account holder name. Any mismatch in the code can result in delayed settlements or failed transactions.
How to verify IOBA0001044 IFSC Code?
The best and simplest place to verify the IOBA0001044 IFSC code for LAKSHMIPURAM branch is on your official bank cheque book or account passbook. By Reserve Bank of India (RBI) regulations, all scheduled banks print the 11-character IFSC code on the top left or top center of every cheque leaf and on the first page of your savings/current account passbook.
IOBA0001044 is the unique IFSC Code assigned to the LAKSHMIPURAM branch of Indian Overseas Bank. This code is used for fast and secure inter-bank funds transfers across India. The physical location of the LAKSHMIPURAM branch is NO 66, CUMBUM ROAD, LAKSHMIPURAM - 625 523, located in the LAKSHMIPURAM district of TAMIL NADU state (Center/City: MADURAI).
IFSC Code Structure for Indian Overseas Bank
Every Indian Financial System Code (IFSC) contains exactly 11 alphanumeric characters divided into 3 standardized segments:
Online Fund Transfer Options using IFSC IOBA0001044
You can transfer funds to any account in Indian Overseas Bank LAKSHMIPURAM branch using the following Reserve Bank of India electronic payment mechanisms:
| Transfer Mode | Settlement Speed | Minimum Transfer | Maximum Limit | Availability |
|---|---|---|---|---|
| NEFT (National Electronic Funds Transfer) | Batches settled every 30 minutes | ₹1 (No minimum limit) | No upper ceiling (Per bank policy) | 24x7x365 |
| RTGS (Real Time Gross Settlement) | Instant, Real-time Gross Settlement | ₹2,00,000 (Two Lakhs) | No upper ceiling for high-value payments | 24x7x365 |
| IMPS (Immediate Payment Service) | Instant within seconds via Mobile/Net Banking | ₹1 | Up to ₹5,00,000 per transaction | 24x7x365 |
| UPI (Unified Payments Interface) | Instant mobile payment via VPA / Account+IFSC | ₹1 | Up to ₹1,00,000 – ₹5,00,000 per day | 24x7x365 |
Frequently Asked Questions (FAQ) • Indian Overseas Bank - LAKSHMIPURAM
What is the IFSC code of Indian Overseas Bank LAKSHMIPURAM?
The IFSC Code of Indian Overseas Bank LAKSHMIPURAM branch is IOBA0001044. It is registered with the Reserve Bank of India for NEFT, RTGS, and IMPS inter-bank electronic clearing.
What is the MICR code of Indian Overseas Bank LAKSHMIPURAM?
The MICR code of this branch is 625020105. This 9-digit code is printed at the bottom of bank cheques for automated clearing under the Cheque Truncation System (CTS-2010).
What is the address of Indian Overseas Bank LAKSHMIPURAM?
The branch is located at NO 66, CUMBUM ROAD, LAKSHMIPURAM - 625 523, in MADURAI, LAKSHMIPURAM District, TAMIL NADU State.
Can I transfer money to this branch on holidays?
Yes. Digital fund transfers via NEFT, RTGS, IMPS, and UPI operate 24 hours a day, 365 days a year, including Sundays, second/fourth Saturdays, and public national holidays.
Fund Transfer Safety Reminder:
Always double-check the recipient's bank account number and branch IFSC code before authorizing transfers on internet banking or mobile apps. Bank IFSC Code Dekho is an independent reference directory and does not conduct or intermediate financial transactions.