INDIAN OVERSEAS BANK IFSC Code – MOHALI, SASNAGAR MOHALI
Complete bank details including IFSC code, MICR code, address and payment facilities for MOHALI branch.
Bank Details
| Bank Name | INDIAN OVERSEAS BANK |
| Branch Name | MOHALI |
| IFSC Code | IOBA0002143 |
| MICR Code | 160020011 |
| Address | SCF NO 1, PHASE XI, SECTOR 65, MOHALI PIN 16062 |
| City | SASNAGAR MOHALI |
| District | RUPNAGAR |
| State | PUNJAB |
| Contact | 2210777 |
Payment Facilities
About IFSC Code IOBA0002143
The IFSC code IOBA0002143 uniquely identifies the MOHALI branch of INDIAN OVERSEAS BANK located in SASNAGAR MOHALI, 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 IOBA0002143
- 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 (002143) – Unique branch identifier for MOHALI
How to Use IFSC Code IOBA0002143
To transfer money to any account at INDIAN OVERSEAS BANK MOHALI branch, you will need to provide the IFSC code IOBA0002143 along with the beneficiary's account number. This code ensures your money reaches the correct branch securely.
Transfer Methods Available at MOHALI
- 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 MOHALI Branch
INDIAN OVERSEAS BANK MOHALI is a branch of INDIAN OVERSEAS BANK located in SASNAGAR MOHALI, PUNJAB. The branch provides comprehensive banking services to customers in SASNAGAR MOHALI and surrounding areas.
Branch Address
SCF NO 1, PHASE XI, SECTOR 65, MOHALI PIN 16062, SASNAGAR MOHALI, 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 160020011. 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 MOHALI?
The IFSC code of INDIAN OVERSEAS BANK MOHALI branch in SASNAGAR MOHALI is IOBA0002143.
What is the MICR code of INDIAN OVERSEAS BANK MOHALI?
The MICR code of INDIAN OVERSEAS BANK MOHALI branch is 160020011.
What is the address of INDIAN OVERSEAS BANK MOHALI?
INDIAN OVERSEAS BANK MOHALI branch is located at SCF NO 1, PHASE XI, SECTOR 65, MOHALI PIN 16062.
Does INDIAN OVERSEAS BANK MOHALI support NEFT/RTGS/IMPS?
INDIAN OVERSEAS BANK MOHALI branch supports NEFT, RTGS, IMPS, and UPI transactions.