IFSC Code IOBA0003047 - Indian Overseas Bank-BARANHARA-Ludhiana
| Detail | Information |
|---|---|
| IFSC Code | IOBA0003047 |
| Bank Name | Indian Overseas Bank |
| Address | 191,GOLDEN AVENUE,BARANHARA HUMBRAN ROAD,LUDHIANA 141008 |
| District | Ludhiana |
| State | Punjab |
| Branch | Baranhara |
| Contact | +914428584896 |
| Centre | Available |
| IMPS | Available |
| UPI | Available |
| MICR | 141020028 |
| RTGS | 1 |
| NEFT | Not Available |
| ISO3166 | IN-PB |
| Bankcode | IOBA |
Overview of IOBA0003047
The IFSC code IOBA0003047 is associated with the Ludhiana BARANHARA Branch of Indian Overseas Bank. Located in the bustling city of Ludhiana, 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 IOBA0003047 represents Indian Overseas Bank Bank, while 0003047 signifies the unique branch code for BARANHARA.
Significance of IFSC Code for Banking Transactions
The importance of the IFSC code, like IOBA0003047, for the BARANHARA Branch, cannot be overstated. It acts as an address that identifies both the Indian Overseas Bank and its specific branch in Ludhiana. 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 IOBA0003047
The IFSC code IOBA0003047 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 Ludhiana. Let's break down the details:
- IFSC Code (IOBA0003047): 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 "0003047" are a unique identifier for the BARANHARA 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 (191,GOLDEN AVENUE,BARANHARA HUMBRAN ROAD,LUDHIANA 141008): This specific address pinpoints the exact location of the branch, ensuring that customers can easily find it for their banking needs.
- City & State (Ludhiana, PUNJAB): The branch is situated in the heart of Ludhiana, the capital city of PUNJAB. A city known for its [CITY_FEATURES].
- Branch (BARANHARA): The [AREA_NAME] area in Ludhiana is a hub of activity, and the Indian Overseas Bank branch here caters to both individual and business banking needs.
- Phone Number (+914428584896): A direct line to the branch, this number ensures that customers can reach out for any queries, concerns, or banking assistance.