IFSC Code IOBA0001720 - Indian Overseas Bank-DERA BAL-Jalandhar
| Detail | Information |
|---|---|
| IFSC Code | IOBA0001720 |
| Bank Name | Indian Overseas Bank |
| Address | DERA SANT SARWAN DASS, V P O BAL, DERA BAL, PIN 144004 |
| District | Jalandhar |
| State | Punjab |
| Branch | Dera bal |
| Contact | |
| Centre | Available |
| IMPS | Available |
| UPI | Available |
| MICR | 144020010 |
| RTGS | 1 |
| NEFT | Not Available |
| ISO3166 | IN-PB |
| Bankcode | IOBA |
Overview of IOBA0001720
The IFSC code IOBA0001720 is associated with the Jalandhar DERA BAL Branch of Indian Overseas Bank. Located in the bustling city of Jalandhar, PUNJAB, this branch is one of the many Indian Overseas Bank branches that cater to the banking needs of the local residents. The code "IOBA" in IOBA0001720 represents Indian Overseas Bank Bank, while 0001720 signifies the unique branch code for DERA BAL.
Significance of IFSC Code for Banking Transactions
The importance of the IFSC code, like IOBA0001720, for the DERA BAL Branch, cannot be overstated. It acts as an address that identifies both the Indian Overseas Bank and its specific branch in Jalandhar. This ensures that when you're transferring money or setting up a beneficiary for future transactions, your funds are directed to the correct bank branch. Without the IFSC code, the chances of errors in electronic fund transfers would be significantly higher, leading to potential financial losses and administrative hassles.
Deep Dive into IOBA0001720
The IFSC code IOBA0001720 is not just a random combination of letters and numbers. It holds significance in the banking world, especially for those who bank with Indian Overseas Bank in Jalandhar. Let's break down the details:
- IFSC Code (IOBA0001720): This unique code is essential for electronic fund transfers. The first four characters "IOBA" represent the bank's name, Indian Overseas Bank. The last six characters "0001720" are a unique identifier for the DERA BAL branch.
- Bank Name (Indian Overseas Bank): One of [country]'s leading banks, Indian Overseas Bank offers a wide range of banking products and financial services to its vast customer base.
- Address (DERA SANT SARWAN DASS, V P O BAL, DERA BAL, PIN 144004): This specific address pinpoints the exact location of the branch, ensuring that customers can easily find it for their banking needs.
- City & State (Jalandhar, PUNJAB): The branch is situated in the heart of Jalandhar, the capital city of PUNJAB. A city known for its [CITY_FEATURES].
- Branch (DERA BAL): The [AREA_NAME] area in Jalandhar is a hub of activity, and the Indian Overseas Bank branch here caters to both individual and business banking needs.
- Phone Number (2403985): A direct line to the branch, this number ensures that customers can reach out for any queries, concerns, or banking assistance.