Indian Overseas Bank NEW AMRITSAR Branch IFSC Code
IOBA 0002440
NEW AMRITSAR — AMRITSAR, PUNJAB
MICR: 143020009
RTGS: ✓
NEFT: ✓
IMPS: ✓
UPI: ✓
Branch Details
- Bank
- Indian Overseas Bank
- Branch
- NEW AMRITSAR
- IFSC Code
- IOBA0002440
- MICR Code
- 143020009
- Address
- SCF NO 44,NEW AMRITSAR MARKET BHAI GURDASJI NAGAR,AMRITSAR PINCODE 143001 Open in Google Maps
- City
- AMRITSAR
- District
- AMRITSAR
- State
- PUNJAB
- Contact
- 2580330
How to Use This IFSC Code
NEFT Transfer
Use IFSC code IOBA0002440 to send money via NEFT to this branch. NEFT transfers are processed in hourly batches during working hours. No minimum amount required.
RTGS Transfer
This branch supports RTGS for high-value instant transfers above ₹2 lakhs. Use the same IFSC code IOBA0002440.
IMPS Transfer
IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code IOBA0002440.
IFSC Code Structure
I
O
B
A
0
0
0
2
4
4
0
- IOBA — Bank code (Indian Overseas Bank)
- 0 — Reserved (always 0)
- 002440 — Branch code (NEW AMRITSAR)
Nearby Indian Overseas Bank Branches in AMRITSAR
AMRITSAR
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MICR: 143020002 RTGS ✓ NEFT ✓ IMPS ✓
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MICR: 143020003 RTGS ✓ NEFT ✓ IMPS ✓
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MICR: 143020006 RTGS ✓ NEFT ✓ IMPS ✓
RANJIT AVENUE
IOBA0001545
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MICR: 143020007 RTGS ✓ NEFT ✓ IMPS ✓
AMRITSAR CANTONMENT
IOBA0001559
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MICR: 143020005 RTGS ✓ NEFT ✓ IMPS ✓
Frequently Asked Questions
Is IOBA0002440 valid for online transfer?
Yes, IOBA0002440 is a valid IFSC code for Indian Overseas Bank NEW AMRITSAR branch in AMRITSAR, PUNJAB. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does IOBA0002440 belong to?
IOBA0002440 belongs to Indian Overseas Bank. The first 4 characters "IOBA" identify the bank.
What is the MICR code for this branch?
The MICR code for Indian Overseas Bank NEW AMRITSAR is 143020009. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using IOBA0002440?
Yes, this branch supports RTGS (Real Time Gross Settlement). RTGS is used for high-value instant transfers above ₹2 lakhs. Available on working days during RBI specified hours.