IOBA0001601 IFSC Code, INDIAN OVERSEAS BANK, MANDI GOBINDGARH

IFSC Code of Indian Overseas Bank, Mandi Gobindgarh, Punjab IFSC CODE & MICR CODE

INDIAN OVERSEAS BANK, MANDI GOBINDGARH - IOBA0001601

  • Bank name: INDIAN OVERSEAS BANK

Bank Address: Opp General Bus Stand G T Road Mandi Gobindgarh Pin 147301

  • IFSC Code ioba0001601
  • Bank Code IOBA
  • Bank name INDIAN OVERSEAS BANK
  • Bank contact number 22950166
  • Bank branch MANDI GOBINDGARH
  • Bank ISO3166 Code IN-PB
  • Bank Center FATEHGARH SAHIB
  • MICR Code 147020102
  • State name PUNJAB
  • District name FATEHGARH SAHIB
  • City name GOBIND GARH
  • 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, MANDI GOBINDGARH branch is IOBA0001601, ensures that your transactions are directed to the correct branch.

How to Use IOBA0001601 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 MANDI GOBINDGARH 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.