Indian Overseas Bank TOLSTOY MARG Branch IFSC Code

IOBA 0000531
Indian Overseas Bank Logo Indian Overseas Bank
TOLSTOY MARG — NEW DELHI, DELHI
MICR: 110020016 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
Indian Overseas Bank
Branch
TOLSTOY MARG
IFSC Code
IOBA0000531
MICR Code
110020016
Address
NO 7, PRAKASH DEEP BUILDING, TOLSTOY MARG, NEW DELHI - 110001
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City
NEW DELHI
District
DELHI
State
DELHI
Contact
23319556

How to Use This IFSC Code

NEFT Transfer

Use IFSC code IOBA0000531 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 IOBA0000531.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code IOBA0000531.

IFSC Code Structure

I
O
B
A
0
0
0
0
5
3
1
  • IOBA — Bank code (Indian Overseas Bank)
  • 0 — Reserved (always 0)
  • 000531 — Branch code (TOLSTOY MARG)

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Frequently Asked Questions

Is IOBA0000531 valid for online transfer?
Yes, IOBA0000531 is a valid IFSC code for Indian Overseas Bank TOLSTOY MARG branch in NEW DELHI, DELHI. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does IOBA0000531 belong to?
IOBA0000531 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 TOLSTOY MARG is 110020016. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using IOBA0000531?
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.