Indian Overseas Bank OKHLA INDUSTRIAL AREA Branch IFSC Code
IOBA 0001586
Indian Overseas Bank OKHLA INDUSTRIAL AREA — NEW DELHI, DELHI
MICR: 110020060
RTGS: ✓
NEFT: ✓
IMPS: ✓
UPI: ✓
Branch Details
- Bank
- Indian Overseas Bank
- Branch
- OKHLA INDUSTRIAL AREA
- IFSC Code
- IOBA0001586
- MICR Code
- 110020060
- City
- NEW DELHI
- District
- DELHI
- State
- DELHI
- Contact
- 23468846
How to Use This IFSC Code
NEFT Transfer
Use IFSC code IOBA0001586 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 IOBA0001586.
IMPS Transfer
IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code IOBA0001586.
IFSC Code Structure
I
O
B
A
0
0
0
1
5
8
6
- IOBA — Bank code (Indian Overseas Bank)
- 0 — Reserved (always 0)
- 001586 — Branch code (OKHLA INDUSTRIAL AREA)
Nearby Indian Overseas Bank Branches in NEW DELHI
DARYAGANJ
IOBA0000017
NO 5, NETHAJI SUBHASH MARG, DARYA GANJ, NEW DELHI 110002
MICR: 110020003 RTGS ✓ NEFT ✓ IMPS ✓
KAROL BAGH
IOBA0000035
10222 AND 10223, GURUDWARA ROAD, KAROL BAGH, NEW DELHI - 110005
MICR: 110020009 RTGS ✓ NEFT ✓ IMPS ✓
JANPATH
IOBA0000065
F 47 MALHOTRA BUILDINGS, JANPATH, QUEENS WAY,NEW DELHI , PIN 110001.
MICR: 110020004 RTGS ✓ NEFT ✓ IMPS ✓
DEFENCE COLONY
IOBA0000115
UNIT A - 19, MOOL CHAND SHOPPING COMPLEX RING ROAD, DEFENCE COLONY, NEW DELHI, PIN - 110024
MICR: 110020006 RTGS ✓ NEFT ✓ IMPS ✓
RAJOURI GARDEN
IOBA0000193
F-100,BALI NAGAR,NEW DELHI-110015
MICR: 110020012 RTGS ✓ NEFT ✓ IMPS ✓
Frequently Asked Questions
Is IOBA0001586 valid for online transfer?
Yes, IOBA0001586 is a valid IFSC code for Indian Overseas Bank OKHLA INDUSTRIAL AREA branch in NEW DELHI, DELHI. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does IOBA0001586 belong to?
IOBA0001586 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 OKHLA INDUSTRIAL AREA is 110020060. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using IOBA0001586?
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.