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Indian Overseas Bank · Amritsar

IOBA0002440: Indian Overseas Bank, New Amritsar

IFSC code IOBA0002440 belongs to the New Amritsar branch of Indian Overseas Bank in Amritsar, Punjab. Its MICR code is 143020009.

IFSC
IOBA0002440
MICR
143020009
Bank
Indian Overseas Bank
Branch
New Amritsar
District
Amritsar
State
Punjab

Branch address

Indian Overseas Bank
SCF No 44,New Amritsar Market Bhai Gurdasji Nagar,Amritsar Pincode 143001

Open in a map · Pincode 143001: post offices and area

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 002440 is the code of the New Amritsar branch. In the MICR code 143020009, 143 is the city, 020 the bank and 009 the branch.

Other Indian Overseas Bank branches in Amritsar

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 New Amritsar branch (Amritsar, Punjab) is IOBA0002440.

  2. 143020009. MICR is printed at the bottom of the branch's cheques.

  3. SCF No 44,New Amritsar Market Bhai Gurdasji Nagar,Amritsar Pincode 143001

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC IOBA0002440 with the beneficiary's account number.

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