IOBA0000197 IFSC Code, INDIAN OVERSEAS BANK, GUJJARWAL

IFSC Code of Indian Overseas Bank, Gujjarwal, Punjab IFSC CODE & MICR CODE

INDIAN OVERSEAS BANK, GUJJARWAL - IOBA0000197

  • Bank name: INDIAN OVERSEAS BANK

Bank Address: Near Gurudwara Jai Sin Main Bazaar Gujjarwal Pin 141202

  • IFSC Code ioba0000197
  • Bank Code IOBA
  • Bank name INDIAN OVERSEAS BANK
  • Bank contact number 2864378
  • Bank branch GUJJARWAL
  • Bank ISO3166 Code IN-PB
  • Bank Center LUDHIANA
  • MICR Code 141020521
  • State name PUNJAB
  • District name LUDHIANA
  • City name GAJJARWAL
  • Swift Swift not provided
  • IMPS No
  • NEFT No
  • UPI No
  • RTGS No

What is an IFSC Code?

The Indian Financial System Code (IFSC) is an 11-character alphanumeric code used to uniquely identify a bank branch for online fund transfers. The IFSC code for INDIAN OVERSEAS BANK, GUJJARWAL branch is IOBA0000197, ensures that your transactions are directed to the correct branch.

How to Use IOBA0000197 for Transactions?

  • NEFT: Use the IFSC code to transfer funds quickly to accounts in other banks.
  • RTGS: For high-value transactions, the IFSC code ensures your payment is processed instantly.
  • IMPS: The IFSC code allows 24/7 fund transfers, including weekends and holidays.

What is a MICR Code?

The Magnetic Ink Character Recognition (MICR) code is a 9-digit code used for processing paper-based transactions, such as cheques. For the GUJJARWAL branch, this code complements the IFSC code for efficient banking operations.

Benefits of Using the Correct IFSC Code

  • Accuracy: Ensures your funds are directed to the right branch.
  • Security: Prevents fraudulent transactions by uniquely identifying each branch.