Below are the complete branch details for Indian Overseas Bank, OGB - BUDHAMBO branch, located in BUDHAMBO, ODISHA. The IFSC assigned by the Reserve Bank of India to this branch is IOBA0GB8012. Whether you want to transfer money, add a beneficiary, verify a cheque or simply confirm the branch address, you will find authentic, up-to-date information on this page that has been cross-checked against the bank's branch directory and the RBI's master list of participants in the National Electronic Funds Transfer system.
The IFSC code is one of the most frequently asked-for pieces of information when somebody wants to send you money or set up a recurring credit such as a salary, EMI auto-debit or supplier payment. Knowing exactly which IFSC belongs to your branch — in this case IOBA0GB8012 for Indian Overseas Bank – OGB - BUDHAMBO — saves you from rejected transfers, returned credits and the back-and-forth that follows them.
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, IOBA0GB8012 is the IFSC of Indian Overseas Bank's OGB - BUDHAMBO branch. The format is fixed: IOBA = bank code, 0 = reserved, GB8012 = branch identifier.
About Indian Overseas Bank
Indian Overseas Bank operates a wide network of branches across India, including the Ogb - Budhambo branch in Budhambo. 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, IOBA0GB8012.
About this branch
The branch is located at AT/PO-BUDHAMBO, VIA-POLASARA,DIST-GANJAM,PIN-761105. It serves the Budhambo 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 IOBA0GB8012 is used to identify this branch on the RBI payments network.
Branch details at a glance
| Bank Name | Indian Overseas Bank |
|---|---|
| Branch | Ogb - Budhambo |
| IFSC Code | IOBA0GB8012 |
| MICR Code | Refer to cheque leaf |
| Branch Address | AT/PO-BUDHAMBO, VIA-POLASARA,DIST-GANJAM,PIN-761105 |
| City | Budhambo |
| District | Berhampur |
| State | Odisha |
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 OGB - BUDHAMBO branch came to be assigned the code IOBA0GB8012.
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 IOBA0GB8012, money simply cannot be routed to the OGB - BUDHAMBO 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 IOBA0GB8012 and the account number together uniquely identify the Ogb - Budhambo branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
How to transfer money using IFSC IOBA0GB8012
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 IOBA0GB8012 across all three.
How to use IFSC IOBA0GB8012 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Indian Overseas Bank's OGB - BUDHAMBO 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 IOBA0GB8012.
- Confirm the bank name auto-populates as Indian Overseas Bank and the branch as OGB - BUDHAMBO.
- Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.
RTGS transfers via IFSC IOBA0GB8012
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 – OGB - BUDHAMBO, ensure your bank's portal accepts IFSC IOBA0GB8012 while registering the beneficiary. RTGS is also available 24x7.
Send money instantly through IMPS
For a real-time, anytime transfer to Indian Overseas Bank – OGB - BUDHAMBO, use IMPS. With IFSC IOBA0GB8012 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 IOBA0GB8012 for Indian Overseas Bank – OGB - BUDHAMBO, 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 – IOBA0GB8012 | Yes – IOBA0GB8012 | Yes – IOBA0GB8012 |
For most retail customers crediting the Ogb - Budhambo 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 IOBA0GB8012
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 – OGB - BUDHAMBO is still mapped to IFSC IOBA0GB8012. 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 IOBA0GB8012 and the beneficiary's account number to complete the transfer.
Account types you can open at the Ogb - Budhambo branch
Once you have an account at Indian Overseas Bank – OGB - BUDHAMBO, the IFSC IOBA0GB8012 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 Ogb - Budhambo branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on the branch contact number.
- 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 IOBA0GB8012
Digital banking channels
Most day-to-day work that customers used to do at the Ogb - Budhambo 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 IOBA0GB8012 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.
Reaching the branch
The Ogb - Budhambo branch sits at AT/PO-BUDHAMBO, VIA-POLASARA,DIST-GANJAM,PIN-761105. If you are travelling from outside Budhambo, search for the branch on a maps application using the bank name and locality, or call the branch contact number 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 IOBA0GB8012 and your account number.
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 – OGB - BUDHAMBO:
- The IFSC is exactly IOBA0GB8012 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 OGB - BUDHAMBO 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.
Working hours
Branch counters at Ogb - Budhambo 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 IOBA0GB8012 continue to work without interruption.
Other ways to verify the IFSC code
While this page already lists the verified IFSC IOBA0GB8012 for Indian Overseas Bank – OGB - BUDHAMBO, 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 BankOgb - Budhambo Branch
AT/PO-BUDHAMBO, VIA-POLASARA,DIST-GANJAM,PIN-761105
Budhambo, Odisha
Phone: the branch contact number
IFSC: IOBA0GB8012
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 Ogb - Budhambo branch but serve different purposes.
Does Indian Overseas Bank Ogb - Budhambo branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on the branch contact number to confirm.
Can I use IFSC IOBA0GB8012 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC IOBA0GB8012 to send funds instantly.
How quickly will an NEFT transfer using IOBA0GB8012 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Indian Overseas Bank – Ogb - Budhambo reflect within 30 minutes.
Is IFSC IOBA0GB8012 the same for all accounts at Ogb - Budhambo branch?
Yes. The IFSC IOBA0GB8012 is shared by every account held at Indian Overseas Bank's Ogb - Budhambo branch. Only the account number changes from customer to customer.
Is IFSC IOBA0GB8012 valid for NEFT and RTGS?
Yes. IFSC IOBA0GB8012 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
What is the phone number of Indian Overseas Bank Ogb - Budhambo branch?
You can reach the branch at the branch contact number during regular banking hours.
Where is Indian Overseas Bank Ogb - Budhambo branch located?
Indian Overseas Bank's Ogb - Budhambo branch is located at AT/PO-BUDHAMBO, VIA-POLASARA,DIST-GANJAM,PIN-761105, Budhambo, Odisha.
Summary
The IFSC code IOBA0GB8012 belongs to Indian Overseas Bank's OGB - BUDHAMBO branch, located at AT/PO-BUDHAMBO, VIA-POLASARA,DIST-GANJAM,PIN-761105 in BUDHAMBO, ODISHA. 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.
