IOBA0001720: Indian Overseas Bank, Dera Bal
IFSC code IOBA0001720 belongs to the Dera Bal branch of Indian Overseas Bank in Jalandhar, Punjab. Its MICR code is 144020010.
Branch address
Indian Overseas Bank
Dera Sant Sarwan Dass, V P O Bal, Dera Bal, PIN 144004
Payment systems
| System | On RBI's list for this branch | What it is for |
|---|---|---|
| NEFT | Yes | Transfers of any amount, settled in half-hourly batches, all day |
| RTGS | Yes | Large transfers (₹2 lakh and above), settled one by one in real time |
| IMPS | Yes | Instant transfers, any time, usually for smaller amounts |
| UPI | Yes | Payments 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 001720 is the code of the Dera Bal branch. In the MICR code 144020010, 144 is the city, 020 the bank and 010 the branch.
Other Indian Overseas Bank branches in Jalandhar
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.
- Personal loan and business loan — apply once, see offers from several lenders.
- EMI calculator — the monthly payment for any amount and tenure.
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.
The IFSC of Indian Overseas Bank's Dera Bal branch (Jalandhar, Punjab) is IOBA0001720.
144020010. MICR is printed at the bottom of the branch's cheques.
Dera Sant Sarwan Dass, V P O Bal, Dera Bal, PIN 144004
RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC IOBA0001720 with the beneficiary's account number.
Ready to get started?
Pick a loan, share a few details and see the offers you may be eligible for — no obligation.
- One application
- Paperless, AA-based
- No obligation