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Indian Overseas Bank · West

IOBA0000543: Indian Overseas Bank, Nehru Place

IFSC code IOBA0000543 belongs to the Nehru Place branch of Indian Overseas Bank in West, Delhi. Its MICR code is 110020011.

IFSC
IOBA0000543
MICR
110020011
Bank
Indian Overseas Bank
Branch
Nehru Place
District
West
State
Delhi

Branch address

Indian Overseas Bank
14-15, Farm Bhavan, Nehru Place, New Delhi - 110 019

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Payment systems

SystemOn RBI's list for this branchWhat it is for
NEFTYesTransfers of any amount, settled in half-hourly batches, all day
RTGSYesLarge transfers (₹2 lakh and above), settled one by one in real time
IMPSYesInstant transfers, any time, usually for smaller amounts
UPIYesPayments by UPI ID or mobile number from apps

Reading this IFSC

IOBA is Indian Overseas Bank's bank code, the fifth character 0 is kept for future use, and 000543 is the code of the Nehru Place branch. In the MICR code 110020011, 110 is the city, 020 the bank and 011 the branch.

Other Indian Overseas Bank branches in West

All 38 Indian Overseas Bank branches in West

IFSC and your loan

When you take a loan through Oxon Fintech, the lending partner (a bank or NBFC) pays the money straight into your own bank account, so the application asks for your account number and its IFSC. Check both against your passbook or cheque book: a wrong IFSC can delay the payment. Oxon never asks for your OTP, PIN, CVV or passwords.

Data: the Reserve Bank of India's list of NEFT and RTGS bank branches, as compiled by Razorpay's open-source IFSC dataset. Bank details change from time to time (branches merge, move or close); confirm the IFSC with your bank or on your cheque book before you send money. Oxon Fintech is a loan platform, not a bank, and is not linked to the banks listed.

01 FAQ

Common questions.

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  1. The IFSC of Indian Overseas Bank's Nehru Place branch (West, Delhi) is IOBA0000543.

  2. 110020011. MICR is printed at the bottom of the branch's cheques.

  3. 14-15, Farm Bhavan, Nehru Place, New Delhi - 110 019

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC IOBA0000543 with the beneficiary's account number.

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