If you are searching for the IFSC code of Indian Overseas Bank, ANGUL branch in BHUBANESHWAR, ODISHA, this page has every detail you need. The verified IFSC code for this branch is IOBA0000966. 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 ANGUL branch, and detailed step-by-step guides for using the IFSC IOBA0000966 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.
An IFSC (Indian Financial System Code) is an 11-character alphanumeric code issued by the Reserve Bank of India. It uniquely identifies every bank branch that participates in the RBI's electronic fund-transfer systems – NEFT, RTGS and IMPS. The first four characters represent the bank, the fifth is always a zero (reserved for future use), and the last six characters identify the specific branch.
For Indian Overseas Bank's ANGUL branch, the IFSC IOBA0000966 breaks down as follows: IOBA identifies the bank, 0 is the reserved character, and 000966 identifies this particular branch.
About the bank
Indian Overseas Bank serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Angul branch in Bhubaneshwar, Odisha is part of this network and uses the IFSC code IOBA0000966 for all electronic settlement.
About the Angul branch
The Angul branch of Indian Overseas Bank is situated at I FLOOR,TADA BUILDING,ANGUL POST,ANGUL DIST,ANGUL,PIN 759122. 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 IOBA0000966 is used.
Branch details at a glance
| Bank Name | Indian Overseas Bank |
|---|---|
| Branch | Angul |
| IFSC Code | IOBA0000966 |
| MICR Code | Refer to cheque leaf |
| Branch Address | I FLOOR,TADA BUILDING,ANGUL POST,ANGUL DIST,ANGUL,PIN 759122 |
| City | Bhubaneshwar |
| District | Angul |
| State | Odisha |
| Phone | 230224 |
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 ANGUL of Indian Overseas Bank — its own 11-character IFSC. The code IOBA0000966 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 IOBA0000966 the same way you would treat your account number — verify it once and save it carefully for future use.
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 IOBA0000966 and the account number together uniquely identify the Angul branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
How to transfer money using IFSC IOBA0000966
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 IOBA0000966 across all three.
How to use IFSC IOBA0000966 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Indian Overseas Bank's ANGUL 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 IOBA0000966.
- Confirm the bank name auto-populates as Indian Overseas Bank and the branch as ANGUL.
- Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.
RTGS transfers via IFSC IOBA0000966
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 – ANGUL, ensure your bank's portal accepts IFSC IOBA0000966 while registering the beneficiary. RTGS is also available 24x7.
IMPS to Indian Overseas Bank ANGUL (IFSC IOBA0000966)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC IOBA0000966 in your mobile or internet banking app, and the money is credited to the ANGUL branch account within seconds.
Comparing NEFT, RTGS and IMPS for transfers to Angul
The right transfer rail depends on how urgent the payment is, how large it is, and whether the receiving bank participates in the chosen scheme. Every option below works with the IFSC IOBA0000966:
- NEFT — best for everyday transfers of any amount; settles in half-hourly batches around the clock.
- RTGS — best for transfers of ₹2 lakh and above; settles each transaction individually in real time.
- IMPS — best when speed matters more than batch scheduling; instant credit up to ₹5 lakh.
- UPI — best for small peer-to-peer payments using a VPA; the underlying account at ANGUL is still linked to IFSC IOBA0000966.
For salary credits, vendor payouts and refunds, employers and merchants usually default to NEFT because of its zero per-transaction cost for retail customers and its 24x7 availability.
UPI payments and IFSC IOBA0000966
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 – ANGUL is still mapped to IFSC IOBA0000966. 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 IOBA0000966 and the beneficiary's account number to complete the transfer.
Account types you can open at the Angul branch
Once you have an account at Indian Overseas Bank – ANGUL, the IFSC IOBA0000966 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.
Products and services
Customers walking into the Angul 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 IOBA0000966
Digital banking channels
Most day-to-day work that customers used to do at the Angul 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 IOBA0000966 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.
How to reach the Angul branch
The branch is located at I FLOOR,TADA BUILDING,ANGUL POST,ANGUL DIST,ANGUL,PIN 759122, which puts it inside Bhubaneshwar, the broader Angul district, and the state of Odisha. To plan your visit:
- Open Google Maps on your phone and search for “Indian Overseas Bank Angul branch” — the verified location pin for IFSC IOBA0000966 should appear at the top of the results.
- Confirm the branch is open by calling 230224 before stepping out, especially around public holidays.
- Carry photo ID and any account-related documents you may need for the transaction you plan to do.
Most banking work — passbook updates, fund transfers, statement downloads — can also be completed online without visiting the branch in person, as long as you know the IFSC IOBA0000966 and your account number.
Common mistakes to avoid when using IFSC IOBA0000966
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 – ANGUL, 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:
IOBA0000966. - 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.
Working hours
Branch counters at Angul 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 IOBA0000966 continue to work without interruption.
Other ways to verify the IFSC code
While this page already lists the verified IFSC IOBA0000966 for Indian Overseas Bank – ANGUL, 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 address & contact
Indian Overseas BankAngul Branch
I FLOOR,TADA BUILDING,ANGUL POST,ANGUL DIST,ANGUL,PIN 759122
Bhubaneshwar, Odisha
Phone: 230224
IFSC: IOBA0000966
Frequently asked questions
Is IFSC IOBA0000966 valid for NEFT and RTGS?
Yes. IFSC IOBA0000966 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
What is the phone number of Indian Overseas Bank Angul branch?
You can reach the branch at 230224 during regular banking hours.
What is the IFSC code of Indian Overseas Bank Angul branch?
The IFSC code of Indian Overseas Bank, Angul branch is IOBA0000966. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
Can I use IFSC IOBA0000966 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC IOBA0000966 to send funds instantly.
How do I add Indian Overseas Bank Angul as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC IOBA0000966, and complete OTP verification. Once activated, you can transfer funds at any time.
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 Angul branch but serve different purposes.
How quickly will an NEFT transfer using IOBA0000966 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Indian Overseas Bank – Angul reflect within 30 minutes.
Where is Indian Overseas Bank Angul branch located?
Indian Overseas Bank's Angul branch is located at I FLOOR,TADA BUILDING,ANGUL POST,ANGUL DIST,ANGUL,PIN 759122, Bhubaneshwar, Odisha.
Final notes
To recap: IOBA0000966 is the IFSC code of Indian Overseas Bank, ANGUL branch, in BHUBANESHWAR, ODISHA. It is required for every electronic transfer to an account held at this branch. We keep this page updated with the latest address and contact details, so you can rely on the information here for your day-to-day banking needs.
