It is very important to find correct branch before initiating any bank process. Though all banks will have a mechanism to verify the Defence Colony Branch, Account Type, IFSC Code, MICR Code, and Account Name, etc. and any mismatch will result in failed transaction!
The best and simplest place to verify Defence Colony branch is the cheque book. All banks will print the Defence Colony on the cheque books. Also, your account pass book should have the Defence Colony branch printed.
The address of Defence Colony branch is Unit a-19& unit a - 19 & 22, defence colony, moolchand shopping comp. , ring road, new delhi -110024, which is located in New Delhi District of New Delhi State. IFSC code used in online fund transfer and MICR code used in clearing of cheques for Indian Overseas Bank Defence Colony is also provided.
Defence Colony has number of branches spread across India. Branch banking has undergone significant changes in response to the competition in financial services market and the ever increasing consumer demands. This leads to a single consumer bearing more than one account in different banks and due to internet banking, as in case of Indian Overseas Bank Defence Colony branch, fund transfer between these banks is also possible.