INDIAN OVERSEAS BANK IFSC Code – RAIKOT, RAIKOT
Complete bank details including IFSC code, MICR code, address and payment facilities for RAIKOT branch.
Bank Details
| Bank Name | INDIAN OVERSEAS BANK |
| Branch Name | RAIKOT |
| IFSC Code | IOBA0002265 |
| MICR Code | 141020302 |
| Address | NEAR LIFE CARE HOSPITAL LUDHIANA ROAD RAIKOT PIN 141109,DIST LUDHIANA |
| City | RAIKOT |
| District | LUDHIANA |
| State | PUNJAB |
| Contact | 265011 |
Payment Facilities
About IFSC Code IOBA0002265
The IFSC code IOBA0002265 uniquely identifies the RAIKOT branch of INDIAN OVERSEAS BANK located in RAIKOT, 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 IOBA0002265
- 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 (002265) – Unique branch identifier for RAIKOT
How to Use IFSC Code IOBA0002265
To transfer money to any account at INDIAN OVERSEAS BANK RAIKOT branch, you will need to provide the IFSC code IOBA0002265 along with the beneficiary's account number. This code ensures your money reaches the correct branch securely.
Transfer Methods Available at RAIKOT
- 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 RAIKOT Branch
INDIAN OVERSEAS BANK RAIKOT is a branch of INDIAN OVERSEAS BANK located in RAIKOT, PUNJAB. The branch provides comprehensive banking services to customers in RAIKOT and surrounding areas.
Branch Address
NEAR LIFE CARE HOSPITAL LUDHIANA ROAD RAIKOT PIN 141109,DIST LUDHIANA, RAIKOT, 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 141020302. 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 RAIKOT?
The IFSC code of INDIAN OVERSEAS BANK RAIKOT branch in RAIKOT is IOBA0002265.
What is the MICR code of INDIAN OVERSEAS BANK RAIKOT?
The MICR code of INDIAN OVERSEAS BANK RAIKOT branch is 141020302.
What is the address of INDIAN OVERSEAS BANK RAIKOT?
INDIAN OVERSEAS BANK RAIKOT branch is located at NEAR LIFE CARE HOSPITAL LUDHIANA ROAD RAIKOT PIN 141109,DIST LUDHIANA.
Does INDIAN OVERSEAS BANK RAIKOT support NEFT/RTGS/IMPS?
INDIAN OVERSEAS BANK RAIKOT branch supports NEFT, RTGS, IMPS, and UPI transactions.