INDIAN OVERSEAS BANKVerified Feb 2026

INDIAN OVERSEAS BANK IFSC Code – JALANDHARBANSANWALA BAZAR, JALANDHAR

Complete bank details including IFSC code, MICR code, address and payment facilities for JALANDHARBANSANWALA BAZAR branch.

IFSC Code
IOBA0002059

Bank Details

Bank NameINDIAN OVERSEAS BANK
Branch NameJALANDHARBANSANWALA BAZAR
IFSC CodeIOBA0002059
MICR Code144020008
AddressBAZAR BANSANWALA, JALANDHAR CITY PIN 144001
CityJALANDHAR
StatePUNJAB
Contact28584896

Payment Facilities

NEFT
Available
RTGS
Available
IMPS
Available
UPI
Available

About IFSC Code IOBA0002059

The IFSC code IOBA0002059 uniquely identifies the JALANDHARBANSANWALA BAZAR branch of INDIAN OVERSEAS BANK located in JALANDHAR, 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 IOBA0002059

  • 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 (002059) – Unique branch identifier for JALANDHARBANSANWALA BAZAR

How to Use IFSC Code IOBA0002059

To transfer money to any account at INDIAN OVERSEAS BANK JALANDHARBANSANWALA BAZAR branch, you will need to provide the IFSC code IOBA0002059 along with the beneficiary's account number. This code ensures your money reaches the correct branch securely.

Transfer Methods Available at JALANDHARBANSANWALA BAZAR

  • 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 JALANDHARBANSANWALA BAZAR Branch

INDIAN OVERSEAS BANK JALANDHARBANSANWALA BAZAR is a branch of INDIAN OVERSEAS BANK located in JALANDHAR, PUNJAB. The branch provides comprehensive banking services to customers in JALANDHAR and surrounding areas.

Branch Address

BAZAR BANSANWALA, JALANDHAR CITY PIN 144001, JALANDHAR, 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 144020008. 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 JALANDHARBANSANWALA BAZAR?

The IFSC code of INDIAN OVERSEAS BANK JALANDHARBANSANWALA BAZAR branch in JALANDHAR is IOBA0002059.

What is the MICR code of INDIAN OVERSEAS BANK JALANDHARBANSANWALA BAZAR?

The MICR code of INDIAN OVERSEAS BANK JALANDHARBANSANWALA BAZAR branch is 144020008.

What is the address of INDIAN OVERSEAS BANK JALANDHARBANSANWALA BAZAR?

INDIAN OVERSEAS BANK JALANDHARBANSANWALA BAZAR branch is located at BAZAR BANSANWALA, JALANDHAR CITY PIN 144001.

Does INDIAN OVERSEAS BANK JALANDHARBANSANWALA BAZAR support NEFT/RTGS/IMPS?

INDIAN OVERSEAS BANK JALANDHARBANSANWALA BAZAR branch supports NEFT, RTGS, IMPS, and UPI transactions.