If you are searching for the IFSC code of Indian Overseas Bank, KHANNA branch in KHANNA, PUNJAB, this page has every detail you need. The verified IFSC code for this branch is IOBA0000629. 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 KHANNA branch, and detailed step-by-step guides for using the IFSC IOBA0000629 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.
IFSC stands for Indian Financial System Code. It is an 11-character code that pinpoints a particular bank branch on the RBI's real-time payment rails. Every NEFT, RTGS or IMPS instruction must carry the destination branch's IFSC for the credit to land in the correct account.
In our case, IOBA0000629 is the IFSC of Indian Overseas Bank's KHANNA branch. The format is fixed: IOBA = bank code, 0 = reserved, 000629 = branch identifier.
About the bank
Indian Overseas Bank serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Khanna branch in Khanna, Punjab is part of this network and uses the IFSC code IOBA0000629 for all electronic settlement.
Branch details at a glance
| Bank Name | Indian Overseas Bank |
|---|---|
| Branch | Khanna |
| IFSC Code | IOBA0000629 |
| MICR Code | Refer to cheque leaf |
| Branch Address | DULLO BUILDING G T ROAD KHANNA PIN 141401 |
| City | Khanna |
| District | Ludhiana |
| State | Punjab |
| Phone | 228280 |
About the Khanna branch
The Khanna branch of Indian Overseas Bank is situated at DULLO BUILDING G T ROAD KHANNA PIN 141401. Customers visiting this branch can complete cash deposits, withdrawals, demand draft requests, cheque clearing, passbook updates and KYC formalities. For online transactions to or from this branch, the IFSC code IOBA0000629 is used.
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 Overseas Bank's KHANNA branch came to be assigned the code IOBA0000629.
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 IOBA0000629, money simply cannot be routed to the KHANNA branch electronically.
Products and account variants supported
Every account opened at the Khanna branch is mapped to IFSC IOBA0000629 on the RBI payments network. The branch generally supports the full retail product catalogue of Indian Overseas Bank, including:
- Resident savings accounts and salary accounts
- Current accounts for businesses and professionals
- Fixed deposits, recurring deposits and tax-saver deposits
- Demand drafts, banker's cheques and pay orders
- Retail loans — personal, vehicle, education, gold and home
- Credit cards and overdraft facilities (subject to eligibility)
- Third-party investment products such as mutual funds and insurance (through tie-ups)
Whichever product you choose, the IFSC for incoming credits remains IOBA0000629.
Products and services
Customers walking into the Khanna branch can access most of Indian Overseas Bank's standard product suite, including:
- Account opening – savings, current, NRI, salary
- Term deposits and recurring deposits
- Retail and small-business loans
- Insurance and mutual-fund tie-ups
- Locker, safe deposit and ATM card services
- Online and mobile banking activation
- Electronic transfers via IFSC IOBA0000629
How to transfer money using IFSC IOBA0000629
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 IOBA0000629 across all three.
NEFT to Indian Overseas Bank, KHANNA using IFSC IOBA0000629
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 IOBA0000629, and confirm that the system picks up Indian Overseas Bank – KHANNA. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
Real-Time Gross Settlement to KHANNA
If you need to transfer ₹2 lakh or more in one go to an account at Indian Overseas Bank's KHANNA branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC IOBA0000629 while initiating the transfer and the credit will appear within minutes.
IMPS to Indian Overseas Bank KHANNA (IFSC IOBA0000629)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC IOBA0000629 in your mobile or internet banking app, and the money is credited to the KHANNA branch account within seconds.
Comparing NEFT, RTGS and IMPS for transfers to Khanna
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 IOBA0000629:
- 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 KHANNA is still linked to IFSC IOBA0000629.
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 IOBA0000629
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 – KHANNA is still mapped to IFSC IOBA0000629. 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 IOBA0000629 and the beneficiary's account number to complete the transfer.
Digital banking channels
Most day-to-day work that customers used to do at the Khanna 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 IOBA0000629 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.
MICR & cheque-truncation details
Cheques drawn on the Khanna branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC IOBA0000629 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
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 – KHANNA:
- The IFSC is exactly IOBA0000629 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 KHANNA 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.
Reaching the branch
The Khanna branch sits at DULLO BUILDING G T ROAD KHANNA PIN 141401. If you are travelling from outside Khanna, search for the branch on a maps application using the bank name and locality, or call 228280 to ask for landmarks. Many customers find it easier to skip the trip altogether: net banking, mobile apps, NEFT, RTGS, IMPS and UPI all work using the IFSC IOBA0000629 and your account number.
Verifying IFSC IOBA0000629 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 IOBA0000629 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 228280.
- Visiting the bank's official branch locator page.
Working hours
Branch counters at Khanna 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 IOBA0000629 continue to work without interruption.
Branch address & contact
Indian Overseas BankKhanna Branch
DULLO BUILDING G T ROAD KHANNA PIN 141401
Khanna, Punjab
Phone: 228280
IFSC: IOBA0000629
Frequently asked questions
What is the IFSC code of Indian Overseas Bank Khanna branch?
The IFSC code of Indian Overseas Bank, Khanna branch is IOBA0000629. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
How quickly will an NEFT transfer using IOBA0000629 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Indian Overseas Bank – Khanna reflect within 30 minutes.
What is the phone number of Indian Overseas Bank Khanna branch?
You can reach the branch at 228280 during regular banking hours.
How do I add Indian Overseas Bank Khanna as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC IOBA0000629, and complete OTP verification. Once activated, you can transfer funds at any time.
Is IFSC IOBA0000629 valid for NEFT and RTGS?
Yes. IFSC IOBA0000629 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Does Indian Overseas Bank Khanna branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 228280 to confirm.
What is the difference between IFSC and MICR code?
IFSC is an 11-character alphanumeric code used for online transfers, while MICR is a 9-digit numeric code printed on cheques and used by cheque-clearing machines. Both identify the Khanna branch but serve different purposes.
Final notes
To recap: IOBA0000629 is the IFSC code of Indian Overseas Bank, KHANNA branch, in KHANNA, PUNJAB. It is required for every electronic transfer to an account held at this branch. We keep this page updated with the latest address and contact details, so you can rely on the information here for your day-to-day banking needs.
