Indian Overseas Bank DEFENCE COLONY

Indian Overseas Bank – DEFENCE COLONY

IFSC Code: IOBA0000115

MICR Code: 110020006

Branch: DEFENCE COLONY

Bank: Indian Overseas Bank

Address: UNIT A – 19, MOOL CHAND SHOPPING COMPLEX RING ROAD, DEFENCE COLONY, NEW DELHI, PIN – 110024

District: NEW DELHI

State: DELHI

Contact: 24692335

Indian Financial System Code (IFSC): IOBA0000115

The IFSC is an 11-character alphanumeric code used to identify bank branches in India for electronic payment systems such as RTGS, NEFT, IMPS, and CFMS (managed by the Reserve Bank of India).

• The first four characters represent the bank name.
• The fifth character is always ‘0’ and is reserved for future use.
• Branch Code 000115. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 110020006

The MICR code is a unique code printed on cheques using magnetic ink. It helps in the secure and faster processing and clearance of cheques by identifying the bank and branch.