Indian Overseas Bank PUNJABI BAGH Branch IFSC Code

IOBA 0000687
Indian Overseas Bank Logo Indian Overseas Bank
PUNJABI BAGH — NEW DELHI, DELHI
MICR: 110020020 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
Indian Overseas Bank
Branch
PUNJABI BAGH
IFSC Code
IOBA0000687
MICR Code
110020020
Address
1 BY 52, NORTH AVENUE ROAD, WEST PUNJABI BAGH, NEW DELHI - 110026
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City
NEW DELHI
District
DELHI
State
DELHI
Contact
25223958

How to Use This IFSC Code

NEFT Transfer

Use IFSC code IOBA0000687 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 IOBA0000687.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code IOBA0000687.

IFSC Code Structure

I
O
B
A
0
0
0
0
6
8
7
  • IOBA — Bank code (Indian Overseas Bank)
  • 0 — Reserved (always 0)
  • 000687 — Branch code (PUNJABI BAGH)

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Frequently Asked Questions

Is IOBA0000687 valid for online transfer?
Yes, IOBA0000687 is a valid IFSC code for Indian Overseas Bank PUNJABI BAGH branch in NEW DELHI, DELHI. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does IOBA0000687 belong to?
IOBA0000687 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 PUNJABI BAGH is 110020020. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using IOBA0000687?
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.