INDIAN OVERSEAS BANK IFSC Code – PHAGWARA, PHAGWARA
Complete bank details including IFSC code, MICR code, address and payment facilities for PHAGWARA branch.
Bank Details
| Bank Name | INDIAN OVERSEAS BANK |
| Branch Name | PHAGWARA |
| IFSC Code | IOBA0000344 |
| MICR Code | 141020202 |
| Address | OPP. BUS STAND,G.T. RD,PHAGWARA |
| City | PHAGWARA |
| District | KAPURTHALA |
| State | PUNJAB |
| Contact | 260430 |
Payment Facilities
About IFSC Code IOBA0000344
The IFSC code IOBA0000344 uniquely identifies the PHAGWARA branch of INDIAN OVERSEAS BANK located in PHAGWARA, PUNJAB. This 11-character alphanumeric code is essential for all electronic fund transfers in India including NEFT, RTGS, IMPS, and UPI transactions.
Understanding IFSC Code IOBA0000344
- First 4 characters (IOBA) – Represents INDIAN OVERSEAS BANK bank code assigned by RBI
- 5th character (0) – Reserved for future use (always 0)
- Last 6 characters (000344) – Unique branch identifier for PHAGWARA
How to Use IFSC Code IOBA0000344
To transfer money to any account at INDIAN OVERSEAS BANK PHAGWARA branch, you will need to provide the IFSC code IOBA0000344 along with the beneficiary's account number. This code ensures your money reaches the correct branch securely.
Transfer Methods Available at PHAGWARA
- NEFT (National Electronic Funds Transfer) – Settled in batches, available 24x7 on all days
- RTGS (Real Time Gross Settlement) – For high-value transactions (₹2 lakh and above), real-time transfer
- IMPS (Immediate Payment Service) – Instant transfer up to ₹5 lakh, available 24x7
- UPI (Unified Payments Interface) – Instant mobile payments using VPA/UPI ID
About INDIAN OVERSEAS BANK PHAGWARA Branch
INDIAN OVERSEAS BANK PHAGWARA is a branch of INDIAN OVERSEAS BANK located in PHAGWARA, PUNJAB. The branch provides comprehensive banking services to customers in PHAGWARA and surrounding areas.
Branch Address
OPP. BUS STAND,G.T. RD,PHAGWARA, PHAGWARA, PUNJAB
Services Available
This branch offers various banking services including savings accounts, current accounts, fixed deposits, recurring deposits, loans, locker facilities, and digital banking services. Customers can also avail services like demand drafts, pay orders, and foreign exchange (subject to branch authorization).
MICR Code Information
The MICR (Magnetic Ink Character Recognition) code for this branch is 141020202. MICR code is a 9-digit code used for cheque clearing and identifies the bank, branch, and city. It is printed on cheques using magnetic ink for machine reading.
Important Information
Transfer Timings
- NEFT: 24x7, 365 days (Settled in half-hourly batches)
- RTGS: 24x7, 365 days (Real-time for ₹2L+)
- IMPS: 24x7, 365 days (Instant)
- UPI: 24x7, 365 days (Instant)
Verification Tips
- Always verify IFSC code before transferring money
- Cross-check with bank passbook or cheque book
- IFSC codes may change after bank mergers
- Contact branch for latest information
Frequently Asked Questions
What is the IFSC code of INDIAN OVERSEAS BANK PHAGWARA?
The IFSC code of INDIAN OVERSEAS BANK PHAGWARA branch in PHAGWARA is IOBA0000344.
What is the MICR code of INDIAN OVERSEAS BANK PHAGWARA?
The MICR code of INDIAN OVERSEAS BANK PHAGWARA branch is 141020202.
What is the address of INDIAN OVERSEAS BANK PHAGWARA?
INDIAN OVERSEAS BANK PHAGWARA branch is located at OPP. BUS STAND,G.T. RD,PHAGWARA.
Does INDIAN OVERSEAS BANK PHAGWARA support NEFT/RTGS/IMPS?
INDIAN OVERSEAS BANK PHAGWARA branch supports NEFT, RTGS, IMPS, and UPI transactions.