Indian Overseas Bank MODEL TOWN Branch IFSC Code

IOBA 0000288
Indian Overseas Bank Logo Indian Overseas Bank
MODEL TOWN — NEW DELHI, DELHI
MICR: 110020005 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
Indian Overseas Bank
Branch
MODEL TOWN
IFSC Code
IOBA0000288
MICR Code
110020005
Address
G5, MODEL TOWN III, NEW DELHI - 110009
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City
NEW DELHI
District
DELHI
State
DELHI
Contact
27116491

How to Use This IFSC Code

NEFT Transfer

Use IFSC code IOBA0000288 to send money via NEFT to this branch. NEFT transfers are processed in hourly batches during working hours. No minimum amount required.

RTGS Transfer

This branch supports RTGS for high-value instant transfers above ₹2 lakhs. Use the same IFSC code IOBA0000288.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code IOBA0000288.

IFSC Code Structure

I
O
B
A
0
0
0
0
2
8
8
  • IOBA — Bank code (Indian Overseas Bank)
  • 0 — Reserved (always 0)
  • 000288 — Branch code (MODEL TOWN)

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Frequently Asked Questions

Is IOBA0000288 valid for online transfer?
Yes, IOBA0000288 is a valid IFSC code for Indian Overseas Bank MODEL TOWN branch in NEW DELHI, DELHI. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does IOBA0000288 belong to?
IOBA0000288 belongs to Indian Overseas Bank. The first 4 characters "IOBA" identify the bank.
What is the MICR code for this branch?
The MICR code for Indian Overseas Bank MODEL TOWN is 110020005. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using IOBA0000288?
Yes, this branch supports RTGS (Real Time Gross Settlement). RTGS is used for high-value instant transfers above ₹2 lakhs. Available on working days during RBI specified hours.