Use this page as a one-stop reference for everything related to Indian Overseas Bank's DUGRI branch in GURDASPUR, PUNJAB. The branch's IFSC code IOBA0003145 is the key identifier you need whenever a remitter, employer or biller asks for a bank routing number to send funds to an account held at this branch. We have also included the branch's postal address, telephone number, banking hours, common services, and an extensive FAQ block that should answer almost every question that comes up when you are about to add this branch as a beneficiary in your net-banking app for the first time.
An IFSC (Indian Financial System Code) is an 11-character alphanumeric code issued by the Reserve Bank of India. It uniquely identifies every bank branch that participates in the RBI's electronic fund-transfer systems – NEFT, RTGS and IMPS. The first four characters represent the bank, the fifth is always a zero (reserved for future use), and the last six characters identify the specific branch.
For Indian Overseas Bank's DUGRI branch, the IFSC IOBA0003145 breaks down as follows: IOBA identifies the bank, 0 is the reserved character, and 003145 identifies this particular branch.
Branch details at a glance
| Bank Name | Indian Overseas Bank |
|---|---|
| Branch | Dugri |
| IFSC Code | IOBA0003145 |
| MICR Code | Refer to cheque leaf |
| Branch Address | SCO 1 2 3 HALF PART NITESH VIHAR VILLAGE,DURGI DHANDRAN ROAD,LUDHIANA 141013 |
| City | Gurdaspur |
| District | Gurdaspur |
| State | Punjab |
| STD Code | 44 |
| Phone | 28584896 |
About Indian Overseas Bank
Indian Overseas Bank operates a wide network of branches across India, including the Dugri branch in Gurdaspur. Each branch is enabled for NEFT, RTGS, IMPS and core banking, allowing customers to send and receive money anywhere in the country using a unique IFSC – in this case, IOBA0003145.
About this branch
The branch is located at SCO 1 2 3 HALF PART NITESH VIHAR VILLAGE,DURGI DHANDRAN ROAD,LUDHIANA 141013. It serves the Gurdaspur 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 Overseas Bank. The IFSC IOBA0003145 is used to identify this branch on the RBI payments network.
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 DUGRI of Indian Overseas Bank — its own 11-character IFSC. The code IOBA0003145 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 IOBA0003145 the same way you would treat your account number — verify it once and save it carefully for future use.
How to transfer money using IFSC IOBA0003145
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 IOBA0003145 across all three.
NEFT to Indian Overseas Bank, DUGRI using IFSC IOBA0003145
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 IOBA0003145, and confirm that the system picks up Indian Overseas Bank – DUGRI. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
RTGS transfers via IFSC IOBA0003145
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 – DUGRI, ensure your bank's portal accepts IFSC IOBA0003145 while registering the beneficiary. RTGS is also available 24x7.
Send money instantly through IMPS
For a real-time, anytime transfer to Indian Overseas Bank – DUGRI, use IMPS. With IFSC IOBA0003145 and the beneficiary's account number you can move up to ₹5 lakh per transaction with instant credit, any day of the year.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC IOBA0003145 for Indian Overseas Bank – DUGRI, but they differ in speed, minimum amount and use case. The table below summarises the differences so you can pick the right channel for the situation at hand.
| Parameter | NEFT | RTGS | IMPS |
|---|---|---|---|
| Minimum amount | ₹1 | ₹2,00,000 | ₹1 |
| Maximum amount | No RBI cap | No RBI cap | ₹5,00,000 |
| Settlement | Half-hourly batches | Real-time | Real-time |
| Availability | 24x7 | 24x7 | 24x7 |
| Best for | Routine transfers | High-value transfers | Urgent small / mid transfers |
| IFSC required | Yes – IOBA0003145 | Yes – IOBA0003145 | Yes – IOBA0003145 |
For most retail customers crediting the Dugri branch, NEFT or IMPS will be the quickest and most economical option. RTGS comes in for one-off, high-value movements such as property purchases, vendor settlements or large gifts.
How UPI relates to the IFSC code
UPI lets you pay using a short Virtual Payment Address instead of typing the IFSC every time, but behind the scenes every UPI mandate is mapped to an account number plus an IFSC. For accounts at Indian Overseas Bank's DUGRI branch, the IFSC IOBA0003145 is what the National Payments Corporation of India (NPCI) uses to route the credit when you tap Pay on a UPI app.
That is why, even in the UPI era, it is still worth knowing the IFSC of your home branch — for failed UPI mandates, e-mandate set-ups, third-party platform onboarding and salary or refund credits.
Account types you can open at the Dugri branch
Once you have an account at Indian Overseas Bank – DUGRI, the IFSC IOBA0003145 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 Dugri branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 44-28584896.
- 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 IOBA0003145
MICR & cheque-truncation details
Cheques drawn on the Dugri branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC IOBA0003145 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 Dugri 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 IOBA0003145 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.
Common mistakes to avoid when using IFSC IOBA0003145
An incorrect IFSC almost always results in a failed transfer or, worse, a credit to the wrong branch. Before you click Confirm on a transfer to Indian Overseas Bank – DUGRI, double-check for these issues:
- Confusing 0 with O. The fifth character of every IFSC is the digit
0, not the letter O. Read carefully. - Spaces or hyphens. Do not put spaces in the IFSC. It is exactly 11 characters:
IOBA0003145. - Wrong branch. A bank can have dozens of branches in the same city. Make sure you are using the IFSC for the actual branch where the beneficiary holds the account, not just any nearby branch.
- Old IFSC after a merger. If two banks have merged, the IFSC may have been reissued. Always verify with a recent passbook or cheque leaf.
- Copy-paste from chat. Auto-correct on phones can silently change letters in IFSC codes. Type carefully or copy from a trusted source like the cheque book.
How to reach the Dugri branch
The branch is located at SCO 1 2 3 HALF PART NITESH VIHAR VILLAGE,DURGI DHANDRAN ROAD,LUDHIANA 141013, which puts it inside Gurdaspur, the broader Gurdaspur district, and the state of Punjab. To plan your visit:
- Open Google Maps on your phone and search for “Indian Overseas Bank Dugri branch” — the verified location pin for IFSC IOBA0003145 should appear at the top of the results.
- Confirm the branch is open by calling 44-28584896 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 IOBA0003145 and your account number.
Other ways to verify the IFSC code
While this page already lists the verified IFSC IOBA0003145 for Indian Overseas Bank – DUGRI, 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 banking hours and holidays
Indian bank branches typically operate from 10:00 AM to 4:00 PM, Monday to Friday, and from 10:00 AM to 2:00 PM on working Saturdays (usually the 1st, 3rd and 5th Saturdays). The Dugri branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC IOBA0003145, however, work 24x7.
Branch address & contact
Indian Overseas BankDugri Branch
SCO 1 2 3 HALF PART NITESH VIHAR VILLAGE,DURGI DHANDRAN ROAD,LUDHIANA 141013
Gurdaspur, Punjab
Phone: 44-28584896
IFSC: IOBA0003145
Frequently asked questions
What is the IFSC code of Indian Overseas Bank Dugri branch?
The IFSC code of Indian Overseas Bank, Dugri branch is IOBA0003145. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
Can I use IFSC IOBA0003145 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC IOBA0003145 to send funds instantly.
Is IFSC IOBA0003145 the same for all accounts at Dugri branch?
Yes. The IFSC IOBA0003145 is shared by every account held at Indian Overseas Bank's Dugri branch. Only the account number changes from customer to customer.
How quickly will an NEFT transfer using IOBA0003145 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Indian Overseas Bank – Dugri reflect within 30 minutes.
What is the phone number of Indian Overseas Bank Dugri branch?
You can reach the branch at 44-28584896 during regular banking hours.
Does Indian Overseas Bank Dugri branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 44-28584896 to confirm.
How do I add Indian Overseas Bank Dugri as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC IOBA0003145, and complete OTP verification. Once activated, you can transfer funds at any time.
Summary
The IFSC code IOBA0003145 belongs to Indian Overseas Bank's DUGRI branch, located at SCO 1 2 3 HALF PART NITESH VIHAR VILLAGE,DURGI DHANDRAN ROAD,LUDHIANA 141013 in GURDASPUR, 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.
