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Indian Overseas Bank · Ludhiana

IOBA0001589: Indian Overseas Bank, Sunder Nagar

IFSC code IOBA0001589 belongs to the Sunder Nagar branch of Indian Overseas Bank in Ludhiana, Punjab. Its MICR code is 141020011.

IFSC
IOBA0001589
MICR
141020011
Bank
Indian Overseas Bank
Branch
Sunder Nagar
District
Ludhiana
State
Punjab
Phone
+913762300724

Branch address

Indian Overseas Bank
B Xxiv,2592 by 1,Atam Tower,Sunder Nagar,Ludhiana

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Payment systems

SystemOn RBI's list for this branchWhat it is for
NEFTYesTransfers of any amount, settled in half-hourly batches, all day
RTGSYesLarge transfers (₹2 lakh and above), settled one by one in real time
IMPSYesInstant transfers, any time, usually for smaller amounts
UPIYesPayments by UPI ID or mobile number from apps

Reading this IFSC

IOBA is Indian Overseas Bank's bank code, the fifth character 0 is kept for future use, and 001589 is the code of the Sunder Nagar branch. In the MICR code 141020011, 141 is the city, 020 the bank and 011 the branch.

Other Indian Overseas Bank branches in Ludhiana

All 32 Indian Overseas Bank branches in Ludhiana

IFSC and your loan

When you take a loan through Oxon Fintech, the lending partner (a bank or NBFC) pays the money straight into your own bank account, so the application asks for your account number and its IFSC. Check both against your passbook or cheque book: a wrong IFSC can delay the payment. Oxon never asks for your OTP, PIN, CVV or passwords.

Data: the Reserve Bank of India's list of NEFT and RTGS bank branches, as compiled by Razorpay's open-source IFSC dataset. Bank details change from time to time (branches merge, move or close); confirm the IFSC with your bank or on your cheque book before you send money. Oxon Fintech is a loan platform, not a bank, and is not linked to the banks listed.

01 FAQ

Common questions.

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  1. The IFSC of Indian Overseas Bank's Sunder Nagar branch (Ludhiana, Punjab) is IOBA0001589.

  2. 141020011. MICR is printed at the bottom of the branch's cheques.

  3. B Xxiv,2592 by 1,Atam Tower,Sunder Nagar,Ludhiana

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC IOBA0001589 with the beneficiary's account number.

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