This page lists the IFSC code, branch address, contact number and fund-transfer information for Indian Overseas Bank, SIAHAR branch in SIAHAR. The 11-digit IFSC IOBA0000688 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 SIAHAR 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, IOBA0000688 is the IFSC of Indian Overseas Bank's SIAHAR branch. The format is fixed: IOBA = bank code, 0 = reserved, 000688 = branch identifier.
About Indian Overseas Bank
Indian Overseas Bank operates a wide network of branches across India, including the Siahar branch in Siahar. 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, IOBA0000688.
About the Siahar branch
The Siahar branch of Indian Overseas Bank is situated at NEAR BUS STAND ,SIAHAR, TEHSIL, PAYAL SIAHAR PIN 141117. 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 IOBA0000688 is used.
Branch details at a glance
| Bank Name | Indian Overseas Bank |
|---|---|
| Branch | Siahar |
| IFSC Code | IOBA0000688 |
| MICR Code | Refer to cheque leaf |
| Branch Address | NEAR BUS STAND ,SIAHAR, TEHSIL, PAYAL SIAHAR PIN 141117 |
| City | Siahar |
| District | Ludhiana |
| State | Punjab |
| Phone | 2855237 |
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 SIAHAR branch came to be assigned the code IOBA0000688.
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 IOBA0000688, money simply cannot be routed to the SIAHAR branch electronically.
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 IOBA0000688 and the account number together uniquely identify the Siahar branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
How to transfer money using IFSC IOBA0000688
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 IOBA0000688 across all three.
NEFT to Indian Overseas Bank, SIAHAR using IFSC IOBA0000688
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 IOBA0000688, and confirm that the system picks up Indian Overseas Bank – SIAHAR. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
RTGS transfers via IFSC IOBA0000688
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 – SIAHAR, ensure your bank's portal accepts IFSC IOBA0000688 while registering the beneficiary. RTGS is also available 24x7.
Send money instantly through IMPS
For a real-time, anytime transfer to Indian Overseas Bank – SIAHAR, use IMPS. With IFSC IOBA0000688 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 IOBA0000688 for Indian Overseas Bank – SIAHAR, 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 – IOBA0000688 | Yes – IOBA0000688 | Yes – IOBA0000688 |
For most retail customers crediting the Siahar 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.
UPI payments and IFSC IOBA0000688
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 – SIAHAR is still mapped to IFSC IOBA0000688. 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 IOBA0000688 and the beneficiary's account number to complete the transfer.
Products and account variants supported
Every account opened at the Siahar branch is mapped to IFSC IOBA0000688 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 IOBA0000688.
Products and services
Customers walking into the Siahar 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 IOBA0000688
Online banking and IFSC IOBA0000688
Indian Overseas Bank customers can register for net banking and the bank's official mobile app once their account at the SIAHAR 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 IOBA0000688 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.
Reaching the branch
The Siahar branch sits at NEAR BUS STAND ,SIAHAR, TEHSIL, PAYAL SIAHAR PIN 141117. If you are travelling from outside Siahar, search for the branch on a maps application using the bank name and locality, or call 2855237 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 IOBA0000688 and your account number.
Common mistakes to avoid when using IFSC IOBA0000688
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 – SIAHAR, 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:
IOBA0000688. - 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.
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 Siahar branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC IOBA0000688, however, work 24x7.
Verifying IFSC IOBA0000688 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 IOBA0000688 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 2855237.
- Visiting the bank's official branch locator page.
Branch address & contact
Indian Overseas BankSiahar Branch
NEAR BUS STAND ,SIAHAR, TEHSIL, PAYAL SIAHAR PIN 141117
Siahar, Punjab
Phone: 2855237
IFSC: IOBA0000688
Frequently asked questions
Does Indian Overseas Bank Siahar branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 2855237 to confirm.
Can I use IFSC IOBA0000688 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC IOBA0000688 to send funds instantly.
Is IFSC IOBA0000688 the same for all accounts at Siahar branch?
Yes. The IFSC IOBA0000688 is shared by every account held at Indian Overseas Bank's Siahar branch. Only the account number changes from customer to customer.
How quickly will an NEFT transfer using IOBA0000688 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Indian Overseas Bank – Siahar reflect within 30 minutes.
Where is Indian Overseas Bank Siahar branch located?
Indian Overseas Bank's Siahar branch is located at NEAR BUS STAND ,SIAHAR, TEHSIL, PAYAL SIAHAR PIN 141117, Siahar, Punjab.
What is the IFSC code of Indian Overseas Bank Siahar branch?
The IFSC code of Indian Overseas Bank, Siahar branch is IOBA0000688. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
How do I add Indian Overseas Bank Siahar as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC IOBA0000688, and complete OTP verification. Once activated, you can transfer funds at any time.
Summary
The IFSC code IOBA0000688 belongs to Indian Overseas Bank's SIAHAR branch, located at NEAR BUS STAND ,SIAHAR, TEHSIL, PAYAL SIAHAR PIN 141117 in SIAHAR, 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.
