IOBA0001624: Indian Overseas Bank, Gangtok
IFSC code IOBA0001624 belongs to the Gangtok branch of Indian Overseas Bank in East District, Sikkim. Its MICR code is 737020001.
- IFSC
- IOBA0001624
- MICR
- 737020001
- Branch
- Gangtok
- District
- East District
- State
- Sikkim
Branch address
Indian Overseas Bank
Arcade, Kazi Road, Gangtok, Sikkim PIN 737101
Open in a map · Pincode 737101: post offices and area
Payment systems
| System | On RBI's list for this branch | What it is for |
|---|---|---|
| NEFT | Yes | Transfers of any amount, settled in half-hourly batches, all day |
| RTGS | Yes | Large transfers (₹2 lakh and above), settled one by one in real time |
| IMPS | Yes | Instant transfers, any time, usually for smaller amounts |
| UPI | Yes | Payments 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 001624 is the code of the Gangtok branch. In the MICR code 737020001, 737 is the city, 020 the bank and 001 the branch.
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.
- Personal loan and business loan — apply once, see offers from several lenders.
- EMI calculator — the monthly payment for any amount and tenure.
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.
The IFSC of Indian Overseas Bank's Gangtok branch (East District, Sikkim) is IOBA0001624.
737020001. MICR is printed at the bottom of the branch's cheques.
Arcade, Kazi Road, Gangtok, Sikkim PIN 737101
RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC IOBA0001624 with the beneficiary's account number.
Ready to get started?
Pick a loan, share a few details and see the offers you may be eligible for — no obligation.
- One application
- Paperless, AA-based
- No obligation