IFSC Code of Indian Overseas Bank, Baddowal Fad Baddowal Cantonment Branch, Punjab

If you are searching for the IFSC code of Indian Overseas Bank, BADDOWAL FAD BADDOWAL CANTONMENT branch in BADDOWAL, PUNJAB, this page has every detail you need. The verified IFSC code for this branch is IOBA0001723. You can use it for NEFT, RTGS and IMPS fund transfers, online banking add-payee actions, UPI mandates and any other electronic payment request that asks for an Indian Financial System Code. The information on this page is curated specifically for customers, remitters, employers and businesses who need to credit funds to an account maintained at this branch, and it is structured so you can find what you need within a few seconds of landing here.

You will see the complete branch address, the area STD code and phone number, the city and state, the day-to-day banking services that are typically offered at the BADDOWAL FAD BADDOWAL CANTONMENT branch, and detailed step-by-step guides for using the IFSC IOBA0001723 across NEFT, RTGS and IMPS rails. A frequently-asked-questions section at the end answers the most common queries we receive about this particular 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 Overseas Bank – BADDOWAL FAD BADDOWAL CANTONMENT is IOBA0001723. The first four letters IOBA are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 001723 map to this branch in BADDOWAL, PUNJAB.

About the bank

Indian Overseas Bank serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Baddowal Fad Baddowal Cantonment branch in Baddowal, Punjab is part of this network and uses the IFSC code IOBA0001723 for all electronic settlement.

Baddowal Fad Baddowal Cantonment branch overview

Located at BADDOWAL PIN 142021, the Baddowal Fad Baddowal Cantonment branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC IOBA0001723 is required for all interbank electronic transfers routed through this branch.

Branch details at a glance

Why every Indian Overseas Bank branch has a unique IFSC

Before electronic settlement systems went live in India, money transfers between banks relied heavily on demand drafts, mail transfers and telegraphic transfers. These older instruments routinely took days to clear and were prone to misrouting because there was no single machine-readable identifier for a branch. The Reserve Bank of India solved this by issuing each participating branch — including BADDOWAL FAD BADDOWAL CANTONMENT of Indian Overseas Bank — its own 11-character IFSC. The code IOBA0001723 is therefore not just an internal reference; it is the digital postcode that lets the RBI's NEFT, RTGS and IMPS rails route funds straight to the right branch ledger without any human intervention.

Today, almost every salary credit, vendor payment, refund and EMI deduction in the country flows through this network, which is exactly why a correct IFSC matters so much. A wrong character can either bounce the transfer or send it to the wrong branch, and reversing such a credit is a manual, time-consuming process. Treat IFSC IOBA0001723 the same way you would treat your account number — verify it once and save it carefully for future use.

MICR & cheque-truncation details

Cheques drawn on the Baddowal Fad Baddowal Cantonment branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC IOBA0001723 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.

How to transfer money using IFSC IOBA0001723

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 IOBA0001723 across all three.

NEFT to Indian Overseas Bank, BADDOWAL FAD BADDOWAL CANTONMENT using IFSC IOBA0001723

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 IOBA0001723, and confirm that the system picks up Indian Overseas Bank – BADDOWAL FAD BADDOWAL CANTONMENT. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.

RTGS transfers via IFSC IOBA0001723

RTGS (Real-Time Gross Settlement) is the fastest high-value transfer mechanism in India. It is meant for transfers of ₹2 lakh and above and settles each transaction individually and instantly. To remit through RTGS to Indian Overseas Bank – BADDOWAL FAD BADDOWAL CANTONMENT, ensure your bank's portal accepts IFSC IOBA0001723 while registering the beneficiary. RTGS is also available 24x7.

IMPS to Indian Overseas Bank BADDOWAL FAD BADDOWAL CANTONMENT (IFSC IOBA0001723)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC IOBA0001723 in your mobile or internet banking app, and the money is credited to the BADDOWAL FAD BADDOWAL CANTONMENT branch account within seconds.

Comparing NEFT, RTGS and IMPS for transfers to Baddowal Fad Baddowal Cantonment

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 IOBA0001723:

• 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 BADDOWAL FAD BADDOWAL CANTONMENT is still linked to IFSC IOBA0001723.

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 IOBA0001723

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 Overseas Bank – BADDOWAL FAD BADDOWAL CANTONMENT is still mapped to IFSC IOBA0001723. 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 IOBA0001723 and the beneficiary's account number to complete the transfer.

Account types you can open at the Baddowal Fad Baddowal Cantonment branch

Once you have an account at Indian Overseas Bank – BADDOWAL FAD BADDOWAL CANTONMENT, the IFSC IOBA0001723 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 Baddowal Fad Baddowal Cantonment branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 2423809.

• 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 IOBA0001723

Online banking and IFSC IOBA0001723

Indian Overseas Bank customers can register for net banking and the bank's official mobile app once their account at the BADDOWAL FAD BADDOWAL CANTONMENT branch is active. Net banking lets you view balances, download statements, open fixed deposits, request cheque books and initiate NEFT/RTGS/IMPS transfers — all without setting foot in the branch. The IFSC IOBA0001723 is pre-filled by the bank for transfers originating from your own account, and you only need to enter it manually when adding an external beneficiary or sharing your account details with a third party.

How to reach the Baddowal Fad Baddowal Cantonment branch

The branch is located at BADDOWAL PIN 142021, which puts it inside Baddowal, the broader Ludhiana district, and the state of Punjab. To plan your visit:

1. Open Google Maps on your phone and search for “Indian Overseas Bank Baddowal Fad Baddowal Cantonment branch” — the verified location pin for IFSC IOBA0001723 should appear at the top of the results.
2. Confirm the branch is open by calling 2423809 before stepping out, especially around public holidays.
3. 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 IOBA0001723 and your account number.

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 Overseas Bank – BADDOWAL FAD BADDOWAL CANTONMENT:

• The IFSC is exactly IOBA0001723 with no extra spaces.
• The beneficiary's account number matches what they shared, digit for digit.
• The portal auto-fills Indian Overseas Bank as the bank name and BADDOWAL FAD BADDOWAL CANTONMENT 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.

Working hours

Branch counters at Baddowal Fad Baddowal Cantonment 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 IOBA0001723 continue to work without interruption.

Other ways to verify the IFSC code

While this page already lists the verified IFSC IOBA0001723 for Indian Overseas Bank – BADDOWAL FAD BADDOWAL CANTONMENT, you can cross-check the code from any of these sources before initiating a high-value transfer:

• The front of the cheque book issued by the branch – the IFSC is printed at the top of every leaf.
• The first page of your passbook.
• The bank's official website under the branch locator.
• The Reserve Bank of India's IFSC search portal.
• Net banking dashboards usually display the home-branch IFSC under account details.

Branch address & contact

Frequently asked questions

Summary

The IFSC code IOBA0001723 belongs to Indian Overseas Bank's BADDOWAL FAD BADDOWAL CANTONMENT branch, located at BADDOWAL PIN 142021 in BADDOWAL, PUNJAB. 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.