Indian Overseas Bank — DWARKA SECTOR

SOUTH-WEST, DELHI

IFSC Code

IOBA0002445

MICR Code

110020117

Branch

DWARKA SECTOR

Bank

Indian Overseas Bank

District

NEW DELHI

State

DELHI

Contact

28085558

Address

G 4,GROUND FLOOR MANISH HIGHWAY PLAZA SECTOR 20,DWARKA,NEW DELHI PINCODE 110075

Get Directions to This Branch

Using IFSC IOBA0002445 for money transfers

To move funds into an account held at DWARKA SECTOR (Indian Overseas Bank) using NEFT, the sender's bank needs this branch's IFSC code — IOBA0002445. NEFT settles in batches throughout the day, so it's a good fit for transfers that don't need to land instantly.

RTGS is the go-to option when transferring large sums (₹2 lakh+) to DWARKA SECTOR in SOUTH-WEST, since each transfer is settled individually and immediately rather than bundled with others.

Need money at Indian Overseas Bank, DWARKA SECTOR right now? IMPS settles instantly, 24x7, including weekends and holidays — unlike NEFT/RTGS, which follow banking-hour batch or settlement windows.

NEFT & RTGS Timing — System Hours vs. Branch Hours

A distinction that matters if you're transferring to DWARKA SECTOR: the RBI settlement system runs 24x7 for NEFT and RTGS, but that doesn't mean this specific branch is open around the clock. Online transfers process any time; in-person or cash-based requests still depend on the branch actually being open.

MethodSystem HoursIf Visiting DWARKA SECTOR In Person
NEFT24x7x365, including weekends and holidays (RBI mandate since 16 Dec 2019)Online/net-banking NEFT processes any time. An in-branch, cash, or cheque-based NEFT request still depends on that branch's working hours.
RTGS24x7x365, including weekends and holidays (RBI mandate since 14 Dec 2020)Minimum transfer amount is ₹2 lakh. Same system-vs-branch-hours distinction as NEFT applies for in-person requests.
IMPS24x7x365 — always has been, no banking-hours restriction at the system level.Typically capped per transaction depending on your bank's own limits (often around ₹5 lakh).

Follow these steps to transfer money into an account held at DWARKA SECTOR:

  1. Log in to your bank's net banking portal or mobile banking app.
  2. Add a new beneficiary/payee, entering the recipient's full name and account number.
  3. Enter the IFSC code IOBA0002445 when prompted — this routes the transfer to DWARKA SECTOR specifically.
  4. Most banks require a short cooling-off period (often a few hours) after adding a new beneficiary before the first transfer.
  5. Once the beneficiary is active, choose NEFT, RTGS, or IMPS based on the amount and how quickly you need it to arrive.
  6. Enter the amount, review the details (name, account number, IFSC), and confirm with your OTP/PIN.

Frequently asked questions

What is the IFSC code of the Indian Overseas Bank DWARKA SECTOR branch?

The IFSC code for Indian Overseas Bank's DWARKA SECTOR branch in SOUTH-WEST, NEW DELHI, DELHI is IOBA0002445. This 11-character code is required for NEFT, RTGS, and IMPS transfers to any account held at this branch.

What is the MICR code of this branch?

The MICR code for this branch is 110020117. MICR codes are used for cheque clearing, while the IFSC code (IOBA0002445) is what's needed for electronic transfers like NEFT and RTGS.

Where is the DWARKA SECTOR branch of Indian Overseas Bank located?

This branch is located at: G 4,GROUND FLOOR MANISH HIGHWAY PLAZA SECTOR 20,DWARKA,NEW DELHI PINCODE 110075. It falls under NEW DELHI district, DELHI.

Can I use this IFSC code for both NEFT and RTGS transfers?

Yes — the same IFSC code (IOBA0002445) is used for NEFT, RTGS, and IMPS transfers to this branch. Which one you should pick depends on the amount and urgency, not the code itself: RTGS for ₹2 lakh+ needing near-instant settlement, NEFT for regular batch-processed transfers, and IMPS for smaller amounts that need to land in seconds.

Is there a phone number for this branch?

Yes, this branch's listed contact number is 28085558.

Other Indian Overseas Bank branches in NEW DELHI

MAYUR VIHAR PHASE IIIMEHRAULI NEW DELHINANGLOI NEW DELHINARELARLPC DELHI

Indian Overseas Bank in other districts of DELHI

DELHI (91)JAHANGIRPURI (1)LODHI ROAD (1)MAHIPALPUR (1)MAYUR VIHAR (1)MUNDKA (1)

IFSC and MICR code data sourced from bank-published branch records. While we take care to keep this current, always confirm the IFSC code with your bank before making a large transfer — see our disclaimer for details.