IFSC Code of Indian Overseas Bank, DERA BAL, JALANDHAR

IOBA0001720

BankIndian Overseas Bank
IFSC CodeIOBA0001720
Branch Code001720 (last six characters of IFSC)
BranchDERA BAL
City / DistrictJALANDHAR
StatePUNJAB

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Indian Overseas Bank DERA BAL IFSC Code

The DERA BAL branch of Indian Overseas Bank located in JALANDHAR, PUNJAB is identified by the IFSC code IOBA0001720. This 11-character code is issued by the Reserve Bank of India (RBI) and is required for electronic fund transfers such as NEFT, RTGS, IMPS and UPI.

How to transfer money using IOBA0001720

  1. Log in to your bank’s net banking or mobile banking app.
  2. Choose the NEFT, RTGS or IMPS transfer option.
  3. Add the beneficiary with account number and branch name.
  4. Enter IFSC code IOBA0001720 to identify the DERA BAL branch.
  5. Enter the amount and confirm the transaction.

Difference between IFSC and MICR

AspectIFSC
Full formIndian Financial System Code
PurposeOnline money transfer (NEFT / RTGS / IMPS)
Format11-character alphanumeric
Issued byReserve Bank of India (RBI)

Frequently asked questions

What is the IFSC code of Indian Overseas Bank, DERA BAL?
The IFSC code is IOBA0001720.

What is the branch code?
The branch code is 001720, the last six characters of the IFSC code.