Indian Overseas Bank, Lalru Mandi branch

Patiala, Lalru district, Punjab

IFSC code
IOBA0001503
MICR code
160020017
Branch code
001503

Branch details

BankIndian Overseas Bank
BranchLalru Mandi
IFSC codeIOBA0001503
MICR code160020017
AddressDANA MANDI SHOP NO 4, LALRU MANDI, TEHASIL DERA BASSI, LALRU MANDI140501 (map)
CityPatiala
DistrictLalru
StatePunjab
Phone274680
NEFTYes
RTGSYes
IMPSYes
UPIYes

How to use IFSC IOBA0001503

To send money to an account at the Indian Overseas Bank Lalru Mandi branch, add the beneficiary in your net banking or banking app with their account number, name and the IFSC code IOBA0001503, then pay by NEFT, RTGS or IMPS.

  • NEFT — any amount, settled in half-hourly batches, available 24×7.
  • RTGS — for ₹2 lakh and above, settled instantly.
  • IMPS — instant transfer up to ₹5 lakh, available 24×7.

In IOBA0001503, IOBA identifies Indian Overseas Bank, the 5th character is always 0, and 001503 identifies this branch. The MICR code 160020017 is printed at the bottom of cheques issued by the branch.

Frequently asked questions

What is the IFSC code of Indian Overseas Bank Lalru Mandi branch?

The IFSC code of Indian Overseas Bank, Lalru Mandi branch (Lalru, Punjab) is IOBA0001503.

What is the MICR code of Indian Overseas Bank Lalru Mandi?

The MICR code of this branch is 160020017.

Does Indian Overseas Bank Lalru Mandi support RTGS and IMPS?

RTGS: yes. IMPS: yes. NEFT: yes.