IFSC Code IOBA0001593 - Indian Overseas Bank Lok Gram
J BUILDING GROUND FLR D WARD ATHMARAM NAGAR LOKGRAM KALYAN EAST PIN 421306
Quick Info
IFSC: IOBA0001593
Pincode: 421306
District: Thane
Status: Active
About Indian Overseas Bank Lok Gram
IFSC Code IOBA0001593 belongs to Indian Overseas Bank Lok Gram branch located in Kalyan, Thane, Maharashtra. This branch serves customers in Kalyan, Thane, Maharashtra and surrounding areas.
Understanding IFSC Code IOBA0001593
The IFSC (Indian Financial System Code) IOBA0001593 is an 11-character alphanumeric code assigned by the Reserve Bank of India (RBI) to uniquely identify this specific bank branch. The code structure follows a specific format:
- First 4 characters (IOBA): Bank code identifying Indian Overseas Bank
- 5th character (0): Reserved for future use (always 0)
- Last 6 characters (001593): Unique branch identifier for Lok Gram
Electronic Fund Transfer Services
IFSC Code IOBA0001593 is essential for all electronic fund transfers in India. This code ensures that money transfers are routed to the correct bank branch. The following payment systems use IFSC codes:
NEFT (National Electronic Funds Transfer)
Batch processing system for fund transfers. Available Yes at this branch.
Processing: Multiple batches daily, typically settles within 2 hours during banking hours.
RTGS (Real Time Gross Settlement)
Real-time fund transfer for high-value transactions (minimum ₹2 lakh). Available Yes at this branch.
Processing: Real-time settlement, typically within minutes during RTGS hours.
IMPS (Immediate Payment Service)
24/7 instant fund transfer service via mobile or internet banking. Available Yes at this branch.
Processing: Instant transfer, available 24/7 including holidays.
UPI (Unified Payments Interface)
Instant mobile payment system using UPI ID or QR code. Available Yes at this branch.
Processing: Instant transfer, available 24/7, no IFSC code needed for UPI transactions.
Branch Location and Accessibility
The Indian Overseas Bank Lok Gram branch is located at J BUILDING GROUND FLR D WARD ATHMARAM NAGAR LOKGRAM KALYAN EAST PIN 421306 (Pincode: 421306) in Kalyan, Thane, Maharashtra. This location serves customers in Kalyan, Thane, Maharashtra and nearby areas. When initiating any electronic fund transfer to an account held at this branch, you must use IFSC Code IOBA0001593 to ensure the transaction is routed correctly.
How to Use IFSC Code IOBA0001593
When making online fund transfers to an account at this branch, you will need:
- IFSC Code: IOBA0001593 (for NEFT, RTGS, IMPS)
- Account Number: The recipient's account number
- Account Holder Name: As registered with the bank
Finding Other Indian Overseas Bank Branches
If you're looking for other Indian Overseas Bank branches in Kalyan, Thane, Maharashtra or nearby areas, use our Indian Overseas Bank branch finder. You can search by city, district, or state to find all Indian Overseas Bank branches with their respective IFSC codes.
Branch Details
| IFSC Code: | IOBA0001593 |
| Bank Name: | Indian Overseas Bank |
| Branch Name: | Lok Gram |
| Address: | J BUILDING GROUND FLR D WARD ATHMARAM NAGAR LOKGRAM KALYAN EAST PIN 421306 |
| City: | Kalyan |
| District: | Thane |
| State: | Maharashtra |
| Pincode: | 421306 |
Payment Services Available
Indian Overseas Bank Lok Gram Branch IFSC Code IOBA0001593 — Complete Banking Guide for Kalyan, Maharashtra
IFSC code IOBA0001593 belongs to the Lok Gram branch of Indian Overseas Bank in Kalyan, Thane district, Maharashtra. This 11-character code, assigned by the Reserve Bank of India, is mandatory for all digital fund transfers — NEFT, RTGS, IMPS, and UPI. Every payment initiated to an account at this branch must include IFSC IOBA0001593 to ensure accurate routing through India's centralised payment infrastructure. Providing an incorrect IFSC may delay or fail the transaction, so always verify the code before confirming any transfer.
About Indian Overseas Bank, Lok Gram Branch
The Lok Gram branch of Indian Overseas Bank in Kalyan, Maharashtra serves retail and corporate customers in Thane district with a full range of banking products. Services typically include savings and current accounts, fixed and recurring deposits, personal and home loans, vehicle finance, trade finance, locker facilities, and wealth management. The branch also supports digital banking — internet banking, mobile banking, UPI, and contactless debit/credit card issuance. Its IFSC IOBA0001593 is the key identifier for all fund transfers routed to accounts at this location through RBI's payment systems.
Payment Methods Using IFSC IOBA0001593
Four primary digital payment rails use IFSC IOBA0001593 for transfers to Indian Overseas Bank, Lok Gram: NEFT — batch-based, 48 half-hourly settlements daily, no minimum amount, ideal for regular transfers; RTGS — real-time, 24×7, minimum ₹2 lakh, used for high-value transactions; IMPS — instant, 24×7, up to ₹5 lakh, best for urgent transfers; UPI — uses Virtual Payment Address (VPA) linked to accounts at this branch, instant and zero-cost for most transactions. For each method, the sender's bank verifies IFSC IOBA0001593 against the RBI IFSC master list before processing the payment.
MICR Code and Branch Details
In addition to the IFSC, the Lok Gram branch of Indian Overseas Bank in Kalyan carries a MICR (Magnetic Ink Character Recognition) code — a 9-digit number printed on cheques that identifies the bank, city, and branch for cheque clearing through the MICR-based clearing system. While NEFT/RTGS/IMPS use the IFSC IOBA0001593 exclusively for electronic transfers, MICR remains relevant for paper-based cheque processing. Both codes are listed on this page for complete branch reference.
How to Verify IFSC IOBA0001593 Before Transferring
Before initiating any high-value transfer to IFSC IOBA0001593, verify the code through: (1) the RBI's official IFSC repository at rbi.org.in; (2) Indian Overseas Bank's official website branch locator; (3) MahaFind's IFSC lookup — the page you are currently viewing. Cross-reference the branch address and bank name displayed here against the details provided by your recipient to confirm accuracy. A mismatch in even one character of the IFSC can reroute your transfer to a different branch entirely.
FAQs — Indian Overseas Bank Lok Gram, Kalyan IFSC
What is the IFSC of Indian Overseas Bank Lok Gram in Kalyan?
The IFSC of Indian Overseas Bank, Lok Gram branch in Kalyan, Maharashtra is IOBA0001593. Use this for NEFT, RTGS, IMPS, and UPI transfers to any account at this branch.
What is the minimum amount for NEFT to IFSC IOBA0001593?
There is no minimum amount for NEFT transfers. You can send as little as ₹1. RTGS requires a minimum of ₹2 lakh. IMPS supports up to ₹5 lakh per transaction. All three use IFSC IOBA0001593 to route funds to Indian Overseas Bank, Lok Gram, Kalyan.
Who assigns IFSC codes like IOBA0001593?
The Reserve Bank of India (RBI) assigns all IFSC codes in India. Indian Overseas Bank applied for the IFSC for its Lok Gram branch in Kalyan, and RBI issued IOBA0001593 as the unique identifier. The complete list of valid IFSCs is maintained in RBI's IFSC master directory.
Can I use IFSC IOBA0001593 for UPI payments?
UPI payments are linked to a Virtual Payment Address (VPA) rather than an IFSC directly, but the underlying account is mapped to IFSC IOBA0001593 at Indian Overseas Bank, Lok Gram, Kalyan. When sending money via NEFT/RTGS/IMPS to this branch's account holders, always use IFSC IOBA0001593.
About IFSC Code IOBA0001593
IFSC Code IOBA0001593 belongs to Indian Overseas Bank branch Lok Gram located in Kalyan, Thane, Maharashtra.
Branch Information
- IFSC Code: IOBA0001593
- Bank: Indian Overseas Bank
- Branch: Lok Gram
- Address: J BUILDING GROUND FLR D WARD ATHMARAM NAGAR LOKGRAM KALYAN EAST PIN 421306
- City: Kalyan
- District: Thane
- State: Maharashtra
- Pincode: 421306
Payment Services
- NEFT: Available
- RTGS: Available
- IMPS: Available
- UPI: Available