If you are searching for the IFSC code of Indian Overseas Bank, VARANASI LIC DIVISIONAL OFFICE branch in VARANASI, UTTAR PRADESH, this page has every detail you need. The verified IFSC code for this branch is IOBA0003748. 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 VARANASI LIC DIVISIONAL OFFICE branch, and detailed step-by-step guides for using the IFSC IOBA0003748 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 – VARANASI LIC DIVISIONAL OFFICE is IOBA0003748. The first four letters IOBA are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 003748 map to this branch in VARANASI, UTTAR PRADESH.
Bank profile
Indian Overseas Bank is among the recognised banks listed on the Reserve Bank of India's payments network. The Varanasi Lic Divisional Office branch — IFSC IOBA0003748 — extends the bank's services to customers in and around Varanasi, Uttar Pradesh.
Branch details at a glance
| Bank Name | Indian Overseas Bank |
|---|---|
| Branch | Varanasi Lic Divisional Office |
| IFSC Code | IOBA0003748 |
| MICR Code | Refer to cheque leaf |
| Branch Address | LIC OF INDIA B 12 120 DIVISIONAL OFFICE GAURIGANJ BHELPUR VARANASI 221001 |
| City | Varanasi |
| District | Varanasi |
| State | Uttar Pradesh |
| STD Code | 674 |
| Phone | 2220617 |
About this branch
The branch is located at LIC OF INDIA B 12 120 DIVISIONAL OFFICE GAURIGANJ BHELPUR VARANASI 221001. It serves the Varanasi 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 IOBA0003748 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 VARANASI LIC DIVISIONAL OFFICE of Indian Overseas Bank — its own 11-character IFSC. The code IOBA0003748 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 IOBA0003748 the same way you would treat your account number — verify it once and save it carefully for future use.
Account types you can open at the Varanasi Lic Divisional Office branch
Once you have an account at Indian Overseas Bank – VARANASI LIC DIVISIONAL OFFICE, the IFSC IOBA0003748 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 Varanasi Lic Divisional Office branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 674-2220617.
- 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 IOBA0003748
How to transfer money using IFSC IOBA0003748
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 IOBA0003748 across all three.
NEFT to Indian Overseas Bank, VARANASI LIC DIVISIONAL OFFICE using IFSC IOBA0003748
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 IOBA0003748, and confirm that the system picks up Indian Overseas Bank – VARANASI LIC DIVISIONAL OFFICE. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
Real-Time Gross Settlement to VARANASI LIC DIVISIONAL OFFICE
If you need to transfer ₹2 lakh or more in one go to an account at Indian Overseas Bank's VARANASI LIC DIVISIONAL OFFICE branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC IOBA0003748 while initiating the transfer and the credit will appear within minutes.
IMPS to Indian Overseas Bank VARANASI LIC DIVISIONAL OFFICE (IFSC IOBA0003748)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC IOBA0003748 in your mobile or internet banking app, and the money is credited to the VARANASI LIC DIVISIONAL OFFICE branch account within seconds.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC IOBA0003748 for Indian Overseas Bank – VARANASI LIC DIVISIONAL OFFICE, 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 – IOBA0003748 | Yes – IOBA0003748 | Yes – IOBA0003748 |
For most retail customers crediting the Varanasi Lic Divisional Office 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 IOBA0003748
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 – VARANASI LIC DIVISIONAL OFFICE is still mapped to IFSC IOBA0003748. 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 IOBA0003748 and the beneficiary's account number to complete the transfer.
Online banking and IFSC IOBA0003748
Indian Overseas Bank customers can register for net banking and the bank's official mobile app once their account at the VARANASI LIC DIVISIONAL OFFICE 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 IOBA0003748 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.
MICR & cheque-truncation details
Cheques drawn on the Varanasi Lic Divisional Office branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC IOBA0003748 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 – VARANASI LIC DIVISIONAL OFFICE:
- The IFSC is exactly IOBA0003748 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 VARANASI LIC DIVISIONAL OFFICE 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 Varanasi Lic Divisional Office branch sits at LIC OF INDIA B 12 120 DIVISIONAL OFFICE GAURIGANJ BHELPUR VARANASI 221001. If you are travelling from outside Varanasi, search for the branch on a maps application using the bank name and locality, or call 674-2220617 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 IOBA0003748 and your account number.
Other ways to verify the IFSC code
While this page already lists the verified IFSC IOBA0003748 for Indian Overseas Bank – VARANASI LIC DIVISIONAL OFFICE, 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 Varanasi Lic Divisional Office branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC IOBA0003748, however, work 24x7.
Branch address & contact
Indian Overseas BankVaranasi Lic Divisional Office Branch
LIC OF INDIA B 12 120 DIVISIONAL OFFICE GAURIGANJ BHELPUR VARANASI 221001
Varanasi, Uttar Pradesh
Phone: 674-2220617
IFSC: IOBA0003748
Frequently asked questions
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 Varanasi Lic Divisional Office branch but serve different purposes.
What is the phone number of Indian Overseas Bank Varanasi Lic Divisional Office branch?
You can reach the branch at 674-2220617 during regular banking hours.
Can I use IFSC IOBA0003748 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC IOBA0003748 to send funds instantly.
How quickly will an NEFT transfer using IOBA0003748 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Indian Overseas Bank – Varanasi Lic Divisional Office reflect within 30 minutes.
Is IFSC IOBA0003748 the same for all accounts at Varanasi Lic Divisional Office branch?
Yes. The IFSC IOBA0003748 is shared by every account held at Indian Overseas Bank's Varanasi Lic Divisional Office branch. Only the account number changes from customer to customer.
Does Indian Overseas Bank Varanasi Lic Divisional Office branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 674-2220617 to confirm.
Summary
The IFSC code IOBA0003748 belongs to Indian Overseas Bank's VARANASI LIC DIVISIONAL OFFICE branch, located at LIC OF INDIA B 12 120 DIVISIONAL OFFICE GAURIGANJ BHELPUR VARANASI 221001 in VARANASI, 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.
