IFSC Code of Indian Overseas Bank, New Delhi Mayur Vihar Phase Ii Branch, Delhi

Below are the complete branch details for Indian Overseas Bank, NEW DELHI MAYUR VIHAR PHASE II branch, located in DELHI, DELHI. The IFSC assigned by the Reserve Bank of India to this branch is IOBA0002661. Whether you want to transfer money, add a beneficiary, verify a cheque or simply confirm the branch address, you will find authentic, up-to-date information on this page that has been cross-checked against the bank's branch directory and the RBI's master list of participants in the National Electronic Funds Transfer system.

The IFSC code is one of the most frequently asked-for pieces of information when somebody wants to send you money or set up a recurring credit such as a salary, EMI auto-debit or supplier payment. Knowing exactly which IFSC belongs to your branch — in this case IOBA0002661 for Indian Overseas Bank – NEW DELHI MAYUR VIHAR PHASE II — saves you from rejected transfers, returned credits and the back-and-forth that follows them.

IFSC stands for Indian Financial System Code. It is an 11-character code that pinpoints a particular bank branch on the RBI's real-time payment rails. Every NEFT, RTGS or IMPS instruction must carry the destination branch's IFSC for the credit to land in the correct account.

In our case, IOBA0002661 is the IFSC of Indian Overseas Bank's NEW DELHI MAYUR VIHAR PHASE II branch. The format is fixed: IOBA = bank code, 0 = reserved, 002661 = branch identifier.

About Indian Overseas Bank

Indian Overseas Bank operates a wide network of branches across India, including the New Delhi Mayur Vihar Phase Ii branch in Delhi. Each branch is enabled for NEFT, RTGS, IMPS and core banking, allowing customers to send and receive money anywhere in the country using a unique IFSC – in this case, IOBA0002661.

Branch details at a glance

About this branch

The branch is located at 23,KRISHNA ARCADE,IST FLOOR,LSC,MAYUR VIHAR PHASE II,DELHI 110091. It serves the Delhi region and is connected to the bank's core banking platform, which means transactions initiated here are instantly visible across all other branches of Indian Overseas Bank. The IFSC IOBA0002661 is used to identify this branch on the RBI payments network.

The role of IFSC in India's payments network

India's electronic payment infrastructure — NEFT, RTGS, IMPS, UPI and the National Automated Clearing House (NACH) — is built on a single principle: every participating bank branch must be uniquely identifiable by an alphanumeric code. The Reserve Bank of India introduced the IFSC system to fulfil this requirement, and that is how Indian Overseas Bank's NEW DELHI MAYUR VIHAR PHASE II branch came to be assigned the code IOBA0002661.

Whether you are receiving a salary on the first of the month, paying a vendor invoice, settling an EMI, or accepting a refund from an e-commerce platform, the IFSC is the silent piece of metadata that tells the network where your account lives. Without IFSC IOBA0002661, money simply cannot be routed to the NEW DELHI MAYUR VIHAR PHASE II branch electronically.

Products and account variants supported

Every account opened at the New Delhi Mayur Vihar Phase Ii branch is mapped to IFSC IOBA0002661 on the RBI payments network. The branch generally supports the full retail product catalogue of Indian Overseas Bank, including:

• Resident savings accounts and salary accounts
• Current accounts for businesses and professionals
• Fixed deposits, recurring deposits and tax-saver deposits
• Demand drafts, banker's cheques and pay orders
• Retail loans — personal, vehicle, education, gold and home
• Credit cards and overdraft facilities (subject to eligibility)
• Third-party investment products such as mutual funds and insurance (through tie-ups)

Whichever product you choose, the IFSC for incoming credits remains IOBA0002661.

Products and services

Customers walking into the New Delhi Mayur Vihar Phase Ii branch can access most of Indian Overseas Bank's standard product suite, including:

• Account opening – savings, current, NRI, salary
• Term deposits and recurring deposits
• Retail and small-business loans
• Insurance and mutual-fund tie-ups
• Locker, safe deposit and ATM card services
• Online and mobile banking activation
• Electronic transfers via IFSC IOBA0002661

How to transfer money using IFSC IOBA0002661

Online transfers in India are powered by three major channels — NEFT, RTGS and IMPS — and each one requires a destination IFSC. Below is a quick guide for using IFSC IOBA0002661 across all three.

NEFT to Indian Overseas Bank, NEW DELHI MAYUR VIHAR PHASE II using IFSC IOBA0002661

National Electronic Funds Transfer is the simplest way to move money into an account at this branch. NEFT works around the clock, including Sundays and public holidays, and settles in half-hourly batches.

To send funds, add the recipient as a beneficiary in your bank's online portal, key in the account number, paste the IFSC IOBA0002661, and confirm that the system picks up Indian Overseas Bank – NEW DELHI MAYUR VIHAR PHASE II. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.

Real-Time Gross Settlement to NEW DELHI MAYUR VIHAR PHASE II

If you need to transfer ₹2 lakh or more in one go to an account at Indian Overseas Bank's NEW DELHI MAYUR VIHAR PHASE II branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC IOBA0002661 while initiating the transfer and the credit will appear within minutes.

IMPS to Indian Overseas Bank NEW DELHI MAYUR VIHAR PHASE II (IFSC IOBA0002661)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC IOBA0002661 in your mobile or internet banking app, and the money is credited to the NEW DELHI MAYUR VIHAR PHASE II branch account within seconds.

NEFT vs RTGS vs IMPS — which one should you use?

All three modes accept the IFSC IOBA0002661 for Indian Overseas Bank – NEW DELHI MAYUR VIHAR PHASE II, but they differ in speed, minimum amount and use case. The table below summarises the differences so you can pick the right channel for the situation at hand.

For most retail customers crediting the New Delhi Mayur Vihar Phase Ii branch, NEFT or IMPS will be the quickest and most economical option. RTGS comes in for one-off, high-value movements such as property purchases, vendor settlements or large gifts.

How UPI relates to the IFSC code

UPI lets you pay using a short Virtual Payment Address instead of typing the IFSC every time, but behind the scenes every UPI mandate is mapped to an account number plus an IFSC. For accounts at Indian Overseas Bank's NEW DELHI MAYUR VIHAR PHASE II branch, the IFSC IOBA0002661 is what the National Payments Corporation of India (NPCI) uses to route the credit when you tap Pay on a UPI app.

That is why, even in the UPI era, it is still worth knowing the IFSC of your home branch — for failed UPI mandates, e-mandate set-ups, third-party platform onboarding and salary or refund credits.

Digital banking channels

Most day-to-day work that customers used to do at the New Delhi Mayur Vihar Phase Ii branch counter can now be completed digitally — adding a beneficiary, transferring funds, applying for a fixed deposit, raising a service request or downloading account statements. The IFSC IOBA0002661 is the link between the digital channel and the branch ledger; once a transaction is confirmed, the credit or debit is reflected in the same core banking system that the branch officers see.

MICR code & cheque clearing

Apart from IFSC, every cheque book issued by Indian Overseas Bank carries a 9-digit MICR (Magnetic Ink Character Recognition) code that is read by cheque-sorting machines. The MICR code, the IFSC IOBA0002661 and the account number together uniquely identify the New Delhi Mayur Vihar Phase Ii branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.

Things to verify before sending money

Banking errors are usually small typos that snowball into delayed credits and customer-care follow-ups. Use this short checklist before you confirm any transfer to Indian Overseas Bank – NEW DELHI MAYUR VIHAR PHASE II:

• The IFSC is exactly IOBA0002661 with no extra spaces.
• The beneficiary's account number matches what they shared, digit for digit.
• The portal auto-fills Indian Overseas Bank as the bank name and NEW DELHI MAYUR VIHAR PHASE II as the branch.
• The amount and the purpose of payment are correct.
• You have a valid OTP-verifying mobile number on hand.

A 30-second review here saves hours of reconciliation later.

How to reach the New Delhi Mayur Vihar Phase Ii branch

The branch is located at 23,KRISHNA ARCADE,IST FLOOR,LSC,MAYUR VIHAR PHASE II,DELHI 110091, which puts it inside Delhi, the broader Delhi district, and the state of Delhi. To plan your visit:

1. Open Google Maps on your phone and search for “Indian Overseas Bank New Delhi Mayur Vihar Phase Ii branch” — the verified location pin for IFSC IOBA0002661 should appear at the top of the results.
2. Confirm the branch is open by calling 44-28584896 before stepping out, especially around public holidays.
3. Carry photo ID and any account-related documents you may need for the transaction you plan to do.

Most banking work — passbook updates, fund transfers, statement downloads — can also be completed online without visiting the branch in person, as long as you know the IFSC IOBA0002661 and your account number.

Verifying IFSC IOBA0002661 from official sources

The IFSC listed on this page is sourced from the RBI's master list and validated against the bank's branch directory. To double-check before transferring large sums, you can also confirm IOBA0002661 by:

• Looking at the cheque leaf – IFSC is printed near the MICR band.
• Opening the passbook's first page.
• Calling the branch directly on 44-28584896.
• Visiting the bank's official branch locator page.

Working hours

Branch counters at New Delhi Mayur Vihar Phase Ii are usually open from 10 AM to 4 PM on weekdays. Saturdays follow the RBI's alternate-Saturday rule. Even when the branch is closed, NEFT, RTGS, IMPS and UPI transfers addressed to IOBA0002661 continue to work without interruption.

Branch address & contact

Frequently asked questions

Final notes

To recap: IOBA0002661 is the IFSC code of Indian Overseas Bank, NEW DELHI MAYUR VIHAR PHASE II branch, in DELHI, DELHI. It is required for every electronic transfer to an account held at this branch. We keep this page updated with the latest address and contact details, so you can rely on the information here for your day-to-day banking needs.