This page lists the IFSC code, branch address, contact number and fund-transfer information for Indian Overseas Bank, DALIGANJ branch in LUCKNOW. The 11-digit IFSC IOBA0000248 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 Overseas Bank at the DALIGANJ 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.
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, IOBA0000248 is the IFSC of Indian Overseas Bank's DALIGANJ branch. The format is fixed: IOBA = bank code, 0 = reserved, 000248 = branch identifier.
Branch details at a glance
| Bank Name | Indian Overseas Bank |
|---|---|
| Branch | Daliganj |
| IFSC Code | IOBA0000248 |
| MICR Code | Refer to cheque leaf |
| Branch Address | NIRMAL AMBIGA ARCADE,I T COLLEGE CRSNG,FAIZABAD RD,LUCKNOW |
| City | Lucknow |
| District | Lucknow |
| State | Uttar Pradesh |
| Phone | 2740427 |
About the bank
Indian Overseas Bank serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Daliganj branch in Lucknow, Uttar Pradesh is part of this network and uses the IFSC code IOBA0000248 for all electronic settlement.
About the Daliganj branch
The Daliganj branch of Indian Overseas Bank is situated at NIRMAL AMBIGA ARCADE,I T COLLEGE CRSNG,FAIZABAD RD,LUCKNOW. 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 IOBA0000248 is used.
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 DALIGANJ of Indian Overseas Bank — its own 11-character IFSC. The code IOBA0000248 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 IOBA0000248 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 IOBA0000248
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 IOBA0000248 across all three.
How to use IFSC IOBA0000248 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Indian Overseas Bank's DALIGANJ branch. NEFT now settles on a 24x7 basis in half-hourly batches and has no upper limit for retail customers (individual banks may impose their own caps).
- Log in to your internet banking or mobile banking app.
- Choose Add Beneficiary and select NEFT / Other Bank.
- Enter the beneficiary name, account number and the IFSC IOBA0000248.
- Confirm the bank name auto-populates as Indian Overseas Bank and the branch as DALIGANJ.
- Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.
RTGS transfers via IFSC IOBA0000248
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 – DALIGANJ, ensure your bank's portal accepts IFSC IOBA0000248 while registering the beneficiary. RTGS is also available 24x7.
IMPS to Indian Overseas Bank DALIGANJ (IFSC IOBA0000248)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC IOBA0000248 in your mobile or internet banking app, and the money is credited to the DALIGANJ branch account within seconds.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC IOBA0000248 for Indian Overseas Bank – DALIGANJ, 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 – IOBA0000248 | Yes – IOBA0000248 | Yes – IOBA0000248 |
For most retail customers crediting the Daliganj 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 DALIGANJ branch, the IFSC IOBA0000248 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.
Products and account variants supported
Every account opened at the Daliganj branch is mapped to IFSC IOBA0000248 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 IOBA0000248.
Products and services
Customers walking into the Daliganj 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 IOBA0000248
MICR code & cheque clearing
Apart from IFSC, every cheque book issued by Indian Overseas Bank carries a 9-digit MICR (Magnetic Ink Character Recognition) code that is read by cheque-sorting machines. The MICR code, the IFSC IOBA0000248 and the account number together uniquely identify the Daliganj branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
Digital banking channels
Most day-to-day work that customers used to do at the Daliganj 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 IOBA0000248 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 IOBA0000248
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 – DALIGANJ, 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:
IOBA0000248. - 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.
Reaching the branch
The Daliganj branch sits at NIRMAL AMBIGA ARCADE,I T COLLEGE CRSNG,FAIZABAD RD,LUCKNOW. If you are travelling from outside Lucknow, search for the branch on a maps application using the bank name and locality, or call 2740427 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 IOBA0000248 and your account number.
Other ways to verify the IFSC code
While this page already lists the verified IFSC IOBA0000248 for Indian Overseas Bank – DALIGANJ, 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.
Working hours
Branch counters at Daliganj 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 IOBA0000248 continue to work without interruption.
Branch address & contact
Indian Overseas BankDaliganj Branch
NIRMAL AMBIGA ARCADE,I T COLLEGE CRSNG,FAIZABAD RD,LUCKNOW
Lucknow, Uttar Pradesh
Phone: 2740427
IFSC: IOBA0000248
Frequently asked questions
Where is Indian Overseas Bank Daliganj branch located?
Indian Overseas Bank's Daliganj branch is located at NIRMAL AMBIGA ARCADE,I T COLLEGE CRSNG,FAIZABAD RD,LUCKNOW, Lucknow, Uttar Pradesh.
Does Indian Overseas Bank Daliganj branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 2740427 to confirm.
Is IFSC IOBA0000248 valid for NEFT and RTGS?
Yes. IFSC IOBA0000248 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Can I use IFSC IOBA0000248 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC IOBA0000248 to send funds instantly.
What is the phone number of Indian Overseas Bank Daliganj branch?
You can reach the branch at 2740427 during regular banking hours.
How quickly will an NEFT transfer using IOBA0000248 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Indian Overseas Bank – Daliganj reflect within 30 minutes.
Summary
The IFSC code IOBA0000248 belongs to Indian Overseas Bank's DALIGANJ branch, located at NIRMAL AMBIGA ARCADE,I T COLLEGE CRSNG,FAIZABAD RD,LUCKNOW in LUCKNOW, 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.
