This page lists the IFSC code, branch address, contact number and fund-transfer information for Indian Bank, OEL branch in LAKHIMPUR KHERI. The 11-digit IFSC IDIB000O502 uniquely identifies this branch in the RBI's centralised payments network and is required for every NEFT, RTGS or IMPS transaction routed to this branch. If you are paying somebody who banks with Indian Bank at the OEL location, this is the only IFSC you need.
We have organised this page into clearly labelled sections so you can jump straight to the part that interests you — the IFSC and MICR details, the full postal address, the contact phone number, a quick primer on NEFT, RTGS and IMPS, the typical product line-up at the branch, and a frequently asked questions section that addresses the queries people raise most often about this branch.
The Indian Financial System Code, popularly known as IFSC, is an 11-digit alphanumeric code that the RBI assigns to every bank branch participating in online interbank settlement. Without this code, an electronic transfer simply cannot reach its destination branch.
The IFSC for Indian Bank – OEL is IDIB000O502. The first four letters IDIB are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 00O502 map to this branch in LAKHIMPUR KHERI, UTTAR PRADESH.
Branch details at a glance
| Bank Name | Indian Bank |
|---|---|
| Branch | Oel |
| IFSC Code | IDIB000O502 |
| MICR Code | Refer to cheque leaf |
| Branch Address | IN THE ROAD OF STATE HIGH WAY SITAPUR TO LAKHIMPUIR KHERI VILL PO KHERI OEL OEL OEL PIN 262725 |
| City | Lakhimpur Kheri |
| District | Lakhimpur Kheri |
| State | Uttar Pradesh |
| STD Code | 91 |
| Phone | 8887682412 |
Bank profile
Indian Bank is among the recognised banks listed on the Reserve Bank of India's payments network. The Oel branch — IFSC IDIB000O502 — extends the bank's services to customers in and around Lakhimpur Kheri, Uttar Pradesh.
About this branch
The branch is located at IN THE ROAD OF STATE HIGH WAY SITAPUR TO LAKHIMPUIR KHERI VILL PO KHERI OEL OEL OEL PIN 262725. It serves the Lakhimpur Kheri region and is connected to the bank's core banking platform, which means transactions initiated here are instantly visible across all other branches of Indian Bank. The IFSC IDIB000O502 is used to identify this branch on the RBI payments network.
The role of IFSC in India's payments network
India's electronic payment infrastructure — NEFT, RTGS, IMPS, UPI and the National Automated Clearing House (NACH) — is built on a single principle: every participating bank branch must be uniquely identifiable by an alphanumeric code. The Reserve Bank of India introduced the IFSC system to fulfil this requirement, and that is how Indian Bank's OEL branch came to be assigned the code IDIB000O502.
Whether you are receiving a salary on the first of the month, paying a vendor invoice, settling an EMI, or accepting a refund from an e-commerce platform, the IFSC is the silent piece of metadata that tells the network where your account lives. Without IFSC IDIB000O502, money simply cannot be routed to the OEL branch electronically.
How to transfer money using IFSC IDIB000O502
Online transfers in India are powered by three major channels — NEFT, RTGS and IMPS — and each one requires a destination IFSC. Below is a quick guide for using IFSC IDIB000O502 across all three.
NEFT to Indian Bank, OEL using IFSC IDIB000O502
National Electronic Funds Transfer is the simplest way to move money into an account at this branch. NEFT works around the clock, including Sundays and public holidays, and settles in half-hourly batches.
To send funds, add the recipient as a beneficiary in your bank's online portal, key in the account number, paste the IFSC IDIB000O502, and confirm that the system picks up Indian Bank – OEL. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
Real-Time Gross Settlement to OEL
If you need to transfer ₹2 lakh or more in one go to an account at Indian Bank's OEL branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC IDIB000O502 while initiating the transfer and the credit will appear within minutes.
IMPS to Indian Bank OEL (IFSC IDIB000O502)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC IDIB000O502 in your mobile or internet banking app, and the money is credited to the OEL branch account within seconds.
Comparing NEFT, RTGS and IMPS for transfers to Oel
The right transfer rail depends on how urgent the payment is, how large it is, and whether the receiving bank participates in the chosen scheme. Every option below works with the IFSC IDIB000O502:
- NEFT — best for everyday transfers of any amount; settles in half-hourly batches around the clock.
- RTGS — best for transfers of ₹2 lakh and above; settles each transaction individually in real time.
- IMPS — best when speed matters more than batch scheduling; instant credit up to ₹5 lakh.
- UPI — best for small peer-to-peer payments using a VPA; the underlying account at OEL is still linked to IFSC IDIB000O502.
For salary credits, vendor payouts and refunds, employers and merchants usually default to NEFT because of its zero per-transaction cost for retail customers and its 24x7 availability.
UPI payments and IFSC IDIB000O502
UPI (Unified Payments Interface) has become the default way for individuals to send money in India. While most UPI transactions are addressed using a Virtual Payment Address (VPA) like name@bank, the underlying account at Indian Bank – OEL is still mapped to IFSC IDIB000O502. When a customer links a savings or current account to a UPI app for the first time, the app silently looks up this IFSC against the account number to verify the account exists. The VPA acts as a friendly alias on top of the same plumbing.
If a UPI transfer to or from this branch fails, the most common reasons are an inactive UPI handle, a daily limit breach or a temporary outage at one of the participating banks — not the IFSC. You can always fall back to NEFT or IMPS using the IFSC IDIB000O502 and the beneficiary's account number to complete the transfer.
Account types you can open at the Oel branch
Once you have an account at Indian Bank – OEL, the IFSC IDIB000O502 stays the same regardless of the type of account you hold. The branch typically supports the following options:
- Savings account — for individuals, with chequebook, ATM card and net-banking access.
- Current account — for sole proprietors, partnerships and companies that need higher transaction volumes.
- Salary account — opened in bulk for corporate employees, often with zero-balance benefits.
- NRE / NRO accounts — for non-resident Indians who want to repatriate or maintain rupee balances in India.
- Fixed deposit and recurring deposit — term-based investment accounts with quarterly or cumulative interest.
- Senior citizen accounts — concessional minimum balance and a small interest rate premium on FDs.
- Minor and student accounts — operated jointly with a guardian until the customer turns 18.
Eligibility, minimum balance and KYC requirements vary by product. Speak to a relationship officer at the branch for the latest schedule of charges and interest rates.
Banking services available
The Oel branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 91-8887682412.
- Savings, current and salary accounts
- Fixed deposits and recurring deposits
- Personal, vehicle and home loans
- Demat and investment products (where supported)
- Internet banking and mobile banking enrolment
- Debit and credit card issuance
- Locker facilities (subject to availability)
- Foreign exchange services (at authorised branches)
- Bill payments, demand drafts and pay orders
- NEFT / RTGS / IMPS / UPI fund transfers using IFSC IDIB000O502
MICR & cheque-truncation details
Cheques drawn on the Oel branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC IDIB000O502 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
Digital banking channels
Most day-to-day work that customers used to do at the Oel branch counter can now be completed digitally — adding a beneficiary, transferring funds, applying for a fixed deposit, raising a service request or downloading account statements. The IFSC IDIB000O502 is the link between the digital channel and the branch ledger; once a transaction is confirmed, the credit or debit is reflected in the same core banking system that the branch officers see.
Things to verify before sending money
Banking errors are usually small typos that snowball into delayed credits and customer-care follow-ups. Use this short checklist before you confirm any transfer to Indian Bank – OEL:
- The IFSC is exactly IDIB000O502 with no extra spaces.
- The beneficiary's account number matches what they shared, digit for digit.
- The portal auto-fills Indian Bank as the bank name and OEL as the branch.
- The amount and the purpose of payment are correct.
- You have a valid OTP-verifying mobile number on hand.
A 30-second review here saves hours of reconciliation later.
How to reach the Oel branch
The branch is located at IN THE ROAD OF STATE HIGH WAY SITAPUR TO LAKHIMPUIR KHERI VILL PO KHERI OEL OEL OEL PIN 262725, which puts it inside Lakhimpur Kheri, the broader Lakhimpur Kheri district, and the state of Uttar Pradesh. To plan your visit:
- Open Google Maps on your phone and search for “Indian Bank Oel branch” — the verified location pin for IFSC IDIB000O502 should appear at the top of the results.
- Confirm the branch is open by calling 91-8887682412 before stepping out, especially around public holidays.
- Carry photo ID and any account-related documents you may need for the transaction you plan to do.
Most banking work — passbook updates, fund transfers, statement downloads — can also be completed online without visiting the branch in person, as long as you know the IFSC IDIB000O502 and your account number.
Verifying IFSC IDIB000O502 from official sources
The IFSC listed on this page is sourced from the RBI's master list and validated against the bank's branch directory. To double-check before transferring large sums, you can also confirm IDIB000O502 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 91-8887682412.
- Visiting the bank's official branch locator page.
Working hours
Branch counters at Oel are usually open from 10 AM to 4 PM on weekdays. Saturdays follow the RBI's alternate-Saturday rule. Even when the branch is closed, NEFT, RTGS, IMPS and UPI transfers addressed to IDIB000O502 continue to work without interruption.
Branch address & contact
Indian BankOel Branch
IN THE ROAD OF STATE HIGH WAY SITAPUR TO LAKHIMPUIR KHERI VILL PO KHERI OEL OEL OEL PIN 262725
Lakhimpur Kheri, Uttar Pradesh
Phone: 91-8887682412
IFSC: IDIB000O502
Frequently asked questions
Is IFSC IDIB000O502 the same for all accounts at Oel branch?
Yes. The IFSC IDIB000O502 is shared by every account held at Indian Bank's Oel branch. Only the account number changes from customer to customer.
What is the IFSC code of Indian Bank Oel branch?
The IFSC code of Indian Bank, Oel branch is IDIB000O502. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
Does Indian Bank Oel branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 91-8887682412 to confirm.
Can I use IFSC IDIB000O502 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC IDIB000O502 to send funds instantly.
What is the phone number of Indian Bank Oel branch?
You can reach the branch at 91-8887682412 during regular banking hours.
Is IFSC IDIB000O502 valid for NEFT and RTGS?
Yes. IFSC IDIB000O502 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Summary
The IFSC code IDIB000O502 belongs to Indian Bank's OEL branch, located at IN THE ROAD OF STATE HIGH WAY SITAPUR TO LAKHIMPUIR KHERI VILL PO KHERI OEL … in LAKHIMPUR KHERI, UTTAR PRADESH. Use this code along with the beneficiary's account number for any NEFT, RTGS or IMPS transfer to this branch. Bookmark this page for quick reference whenever you need the branch's banking details.
