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It is very important to find MICR code 600020057 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 600020057 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.
600020057 is the MICR Code for Chennai East Mada Street 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 Chennai East Mada Street branch is 38, east mada street, mylapore, chennai 600004, 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 (0057) represent the Overseas Bank branch code.
Find more information on MICR Code 600020057 of Indian Overseas Bank Chennai East Mada Street 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 600020057 details before initiating any transaction!