For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Indian Overseas Bank for its Daliganj branch in Lucknow, Lucknow, Uttar Pradesh, this comprehensive guide will provide you with detailed information.
The banking system in India has changed significantly over the years, and today customers of Indian Overseas Bank located in Lucknow or anywhere in Uttar Pradesh can transfer funds instantly by using the correct IFSC Code IOBA0000248. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Indian Overseas Bank, Daliganj, Lucknow
The table below shows the main details of the IFSC Code IOBA0000248 for the Indian Overseas Bank branch in Lucknow, which falls under the Lucknow district in Uttar Pradesh.
| Particulars | Details |
|---|---|
| Bank | Indian Overseas Bank |
| IFSC Code | IOBA0000248 |
| Branch | Daliganj |
| City | Lucknow |
| District | Lucknow |
| State | Uttar Pradesh |
| Address | Nirmal Ambiga Arcade,I T College Crsng,Faizabad Rd,Lucknow |
These details are important not only for users using online banking but also for businesses and individuals who use Indian Overseas Bank in Lucknow for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code IOBA0000248 for the Daliganj branch of Indian Overseas Bank is vital.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Indian Overseas Bank located in Daliganj, Lucknow, Uttar Pradesh, is provided a unique IFSC like IOBA0000248 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Indian Overseas Bank branch in Lucknow.
- Helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any confusions between multiple branches of the same bank across different places like Lucknow and Lucknow.
- It reduces most of the errors in fund transfers and makes sure its accuracy.
- It enables sender banks to validate and confirm branch details before processing payments.
For thousands of branches across Uttar Pradesh and the rest of India, the IFSC Code ensures that transactions meant for Indian Overseas Bank in Daliganj do not get misguided to another person.
Format of the IFSC Code IOBA0000248
The format of the IFSC Code for banks, including Indian Overseas Bank, has an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): Show the bank code. For Indian Overseas Bank, these letters represent the bank's short name.
- 5th character: Is always zero and is kept for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Daliganj in Lucknow.
For example, the IFSC Code IOBA0000248 of Indian Overseas Bank for the Daliganj branch includes these elements, identifying the bank and the branch location in Lucknow and Uttar Pradesh correctly.
How to Find IFSC Code for Indian Overseas Bank?
If you are trying to find the IFSC Code IOBA0000248 of Indian Overseas Bank for its Daliganj branch located in Lucknow, the following methods can help:
Cheque Book
The cheque book issued by Indian Overseas Bank includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.
Passbook
Most banks, including Indian Overseas Bank branches in Lucknow and Lucknow, print the IFSC and MICR codes on the first page of your passbook.
Bank Website
Visit the official website of Indian Overseas Bank and navigate to the branch locator section. Search for Daliganj or Lucknow to get the exact IFSC Code IOBA0000248.
Mobile Banking App
If you use Indian Overseas Bank's mobile app, you can check your account details to find your branch's IFSC code.
RBI Website
The Reserve Bank of India keeps an updated list of all IFSC codes. If you search for Indian Overseas Bank and Lucknow, you'll get the correct details.
How to Use IFSC Code IOBA0000248 for Online Transfers?
Once you have the IFSC Code IOBA0000248 for the Daliganj branch of Indian Overseas Bank in Lucknow, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code IOBA0000248. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. You need the recipient's account details and Indian Overseas Bank IFSC Code IOBA0000248.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Indian Overseas Bank Daliganj in Lucknow, it can result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Indian Overseas Bank in Daliganj, here are some of the ways you can get it:
- Check the bottom of your cheque leaf.
- Refer to the first page of your passbook.
- Visit the official Indian Overseas Bank website.
- Search the RBI portal.
Knowing both IFSC and MICR code can help account holders in Lucknow manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is IOBA0000248.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Nirmal Ambiga Arcade,I T College Crsng,Faizabad Rd,Lucknow located in Lucknow, Lucknow, Uttar Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.