Indian Overseas Bank — NEW AMRITSAR Branch
AMRITSAR, PUNJAB
Available Services
Branch Details
| Bank Name | Indian Overseas Bank |
|---|---|
| Branch Name | NEW AMRITSAR |
| IFSC Code | IOBA0002440 |
| MICR Code | 143020009 |
| SWIFT Code | N/A |
| Address | SCF NO 44,NEW AMRITSAR MARKET BHAI GURDASJI NAGAR,AMRITSAR PINCODE 143001 |
| City | AMRITSAR |
| District | AMRITSAR |
| State | PUNJAB |
| Contact Number | 2580330 |
How to Use IOBA0002440 for Money Transfers
The IFSC code IOBA0002440 is specifically assigned to the NEW AMRITSAR branch of Indian Overseas Bank located in AMRITSAR, PUNJAB. This unique code is mandatory for routing electronic payments correctly within India.
NEFT Transfer
Use IOBA0002440 when adding this branch as a beneficiary in NEFT transactions. NEFT operates in half-hourly batches from 12:30 AM to 12:00 AM on all days. Enter the IFSC, account number, and account holder name carefully to ensure successful transfer.
RTGS Transfer
For high-value transactions above ₹2 lakh, RTGS offers real-time gross settlement. Use IOBA0002440 along with the beneficiary's exact account number. RTGS is available on working days from 7:00 AM to 6:00 PM.
IMPS & UPI
IMPS and UPI allow instant 24×7 transfers. While UPI apps often auto-resolve the IFSC from the VPA, mobile banking apps require IOBA0002440 when registering a new beneficiary.
Always double-check the account number before confirming any transfer — the IFSC routes funds to the correct branch, but the account number specifies the exact recipient.
About Indian Overseas Bank NEW AMRITSAR Branch
The NEW AMRITSAR branch of Indian Overseas Bank is situated in AMRITSAR, PUNJAB. The branch address is SCF NO 44,NEW AMRITSAR MARKET BHAI GURDASJI NAGAR,AMRITSAR PINCODE 143001. This branch supports electronic payment services including NEFT, RTGS, IMPS, and UPI. You can contact this branch at 2580330. Always use the IFSC code IOBA0002440 when making any online fund transfer to an account held at this branch.
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