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IOBA0001503: Indian Overseas Bank, Lalru Mandi

IOBA0001503 is the IFSC code of the Lalru Mandi branch of Indian Overseas Bank in Patiala, Punjab. Use it to send money to accounts at this branch by NEFT, RTGS or IMPS.

IFSC code
IOBA0001503
Branch
Lalru Mandi
MICR code
160020017
Address
Dana Mandi Shop No 4, Lalru Mandi, Tehasil Dera Bassi, Lalru Mandi140501
City
Patiala (district Lalru)
State
Punjab
Phone
274680
Transfers
NEFT availableRTGS availableIMPS availableUPI available

What IOBA0001503 means

  • IOBA: the bank, Indian Overseas Bank
  • 0: always zero, kept for future use
  • 001503: the Lalru Mandi branch

To send money, add the account number, the account holder's name and IOBA0001503 as a payee in your banking app. NEFT and IMPS work round the clock; RTGS is for ₹2 lakh or more.

Other Indian Overseas Bank branches in Patiala

All Indian Overseas Bank branches in Patiala

Other banks in Patiala

Frequently asked questions

Which bank and branch is IOBA0001503?

IOBA0001503 belongs to Indian Overseas Bank, Lalru Mandi branch, Dana Mandi Shop No 4, Lalru Mandi, Tehasil Dera Bassi, Lalru Mandi140501.

What is the MICR code of Indian Overseas Bank, Lalru Mandi?

The MICR code is 160020017. It is printed at the bottom of cheques from this branch.

Can I use IOBA0001503 for RTGS and IMPS?

NEFT, RTGS, IMPS transfers are enabled for this branch.

Sources

Last checked on 19 September 2026. IFSC data comes from RBI’s list, refreshed monthly. Banks sometimes merge or move branches; confirm the code on your cheque book or with your bank before a large transfer.