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It is very important to find MICR code 600020029 of correct branch before initiating a NEFT or RTGS or IMPS transfer. Though all banks will have a mechanism to verify the MICR Code, Bank Branch, Account Type and Name and any mismatch will result in failed transaction!
The best and simplest place to verify 600020029 MICR code branch is the cheque book. Most banks now print MICR Codes on the cheque books. Also, your account pass book should have the MICR Code printed.
600020029 is the MICR Code for Saidapet branch of Indian Overseas Bank. This can be used for online funds transfer via NEFT, RTGS amd IMPS to Indian Overseas Bank account. The address of Saidapet branch is 84 nanada flats, karuneeswarar koil st,saidapet,chennai - 600015, which is located in Chennai District of Tamil Nadu State.
In IOB Bank MICR Code, the first 4 characters (6000) represent the bank name, 5th character is 0 (ZERO), which is reserved for future use. The last 6 characters (0029) represent the Overseas Bank branch code.
Find more information on MICR Code 600020029 of Indian Overseas Bank Saidapet Branch MICR Code Chennai for NEFT transfer, RTGS transfer and IMPS transfer below:
*The MICR Code information presented above is for reference only. Please verify MICR Code 600020029 details before initiating any transaction!