Indian Overseas Bank has branches in 3 districts in Himachal Pradesh like Solan , Shimla , Mandi , . Please select a district from the list below to see the branches in that district and to get the location, contact details, IFSC code, MICR code.
| Branch Name | Branch Address | IFSC Code | MICR Code | Bank | City | District | State |
|---|---|---|---|---|---|---|---|
| Sundernagar | Bhojpur Bazar, Sundernagar - 175002 | IOBA0000553 | Indian Overseas Bank | Bhojpur | Mandi | Himachal Pradesh | |
| Solan | Thakur Building, Near D C Office,The Mall,Solan Pin : 173212 | IOBA0001280 | NON-MICR | Indian Overseas Bank | Solan | Solan | Himachal Pradesh |
| Shimla | 12 The Mall Shimla | IOBA0000425 | Indian Overseas Bank | Simla | Shimla | Himachal Pradesh | |
| Ntpc Slappar | National Thermal Power Corpn,Kodlam Slapper, Sunder Nagar ,Kodlam ,Mandi, Pin : 174403 |
IOBA0001960 | NON-MICR | Indian Overseas Bank | Mandi | Mandi | Himachal Pradesh |
| Mandi | Chaman Comml Complex Seri Bazar Mandi Pin : 175001 | IOBA0000422 | Indian Overseas Bank | Mandi | Mandi | Himachal Pradesh | |
| Longwood, Shimla | Rajkiya Kanya Maha Vidyalaya Longwood, Sanjouli Road Shimla Pin : 171001 |
IOBA0001908 | NON-MICR | Indian Overseas Bank | Shimla | Shimla | Himachal Pradesh |
| Baddi | S.C.O - 5 Krishna Complex Sai Road Baddi Pin : 173205 Dist : Solan |
IOBA0002182 | NON MICR | Indian Overseas Bank | Baddi | Solan | Himachal Pradesh |
Full form of IFSC code is Indian Financial System Code.
When you want to make a payment to an account you would need to mention an IFSC code along with the account number. IFSC code is used to identify a branch of a bank. An account number along with an IFSC code is used uniquely identify an account. This combination can be then used to make online fund transfer through NEFT or RTGS.
On the other hand, NEFT transactions generally take upto 2 hours to settle.
MICR stands for Magnetic Ink Character Recognition. It appears on your cheque just after your cheque number. It is used to identify a particular branch of a bank in a city. It is a nine digit number of which first 3 digits stand for city, next 3 for bank and last 3 for branch.
The MICR code is used for clearing the cheques. A machine can read MICR code and quickly identify the exact branch where the account of the cheque issuers is held.
National Electronic Funds Transfer is used for transferring the funds online. The system is available from 8 in the morning till 7 in the evening and 1 in the afternoon. Any NEFT requests not cleared on a day are rolled over to the next day and cleared on next working day. If you want to transfer funds instantly use RTGS or IMPS instead. You can also use online wallets.