It is very important to find correct branch before initiating any bank process. Though all banks will have a mechanism to verify the Newtown 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 Newtown branch is the cheque book. All banks will print the Newtown on the cheque books. Also, your account pass book should have the Newtown branch printed.
The address of Newtown branch is Mani casadona, ground floor, action area ii, new town, kolkata, which is located in Kolkata District of West Bengal State. IFSC code used in online fund transfer and MICR code used in clearing of cheques for Indian Overseas Bank Newtown is also provided.
Newtown 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 Newtown branch, fund transfer between these banks is also possible.