Below are the complete branch details for Indian Overseas Bank, NARGUND branch, located in GADAG, KARNATAKA. The IFSC assigned by the Reserve Bank of India to this branch is IOBA0003330. 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 IOBA0003330 for Indian Overseas Bank – NARGUND — saves you from rejected transfers, returned credits and the back-and-forth that follows them.
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 NARGUND branch, the IFSC IOBA0003330 breaks down as follows: IOBA identifies the bank, 0 is the reserved character, and 003330 identifies this particular branch.
Branch details at a glance
| Bank Name | Indian Overseas Bank |
|---|---|
| Branch | Nargund |
| IFSC Code | IOBA0003330 |
| MICR Code | Refer to cheque leaf |
| Branch Address | KURANA BAZAAR STREET,NARGUND TALUK NARGUND,GADAG,KARNATAKA NARGUND 582 207 |
| City | Gadag |
| District | Gadag |
| State | Karnataka |
| STD Code | 44 |
| Phone | 28584896 |
Bank profile
Indian Overseas Bank is among the recognised banks listed on the Reserve Bank of India's payments network. The Nargund branch — IFSC IOBA0003330 — extends the bank's services to customers in and around Gadag, Karnataka.
About this branch
The branch is located at KURANA BAZAAR STREET,NARGUND TALUK NARGUND,GADAG,KARNATAKA NARGUND 582 207. It serves the Gadag 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 IOBA0003330 is used to identify this branch on the RBI payments network.
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 NARGUND branch came to be assigned the code IOBA0003330.
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 IOBA0003330, money simply cannot be routed to the NARGUND branch electronically.
How to transfer money using IFSC IOBA0003330
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 IOBA0003330 across all three.
NEFT to Indian Overseas Bank, NARGUND using IFSC IOBA0003330
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 IOBA0003330, and confirm that the system picks up Indian Overseas Bank – NARGUND. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
Real-Time Gross Settlement to NARGUND
If you need to transfer ₹2 lakh or more in one go to an account at Indian Overseas Bank's NARGUND branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC IOBA0003330 while initiating the transfer and the credit will appear within minutes.
IMPS to Indian Overseas Bank NARGUND (IFSC IOBA0003330)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC IOBA0003330 in your mobile or internet banking app, and the money is credited to the NARGUND branch account within seconds.
Comparing NEFT, RTGS and IMPS for transfers to Nargund
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 IOBA0003330:
- 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 NARGUND is still linked to IFSC IOBA0003330.
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.
How UPI relates to the IFSC code
UPI lets you pay using a short Virtual Payment Address instead of typing the IFSC every time, but behind the scenes every UPI mandate is mapped to an account number plus an IFSC. For accounts at Indian Overseas Bank's NARGUND branch, the IFSC IOBA0003330 is what the National Payments Corporation of India (NPCI) uses to route the credit when you tap Pay on a UPI app.
That is why, even in the UPI era, it is still worth knowing the IFSC of your home branch — for failed UPI mandates, e-mandate set-ups, third-party platform onboarding and salary or refund credits.
Products and account variants supported
Every account opened at the Nargund branch is mapped to IFSC IOBA0003330 on the RBI payments network. The branch generally supports the full retail product catalogue of Indian Overseas Bank, including:
- Resident savings accounts and salary accounts
- Current accounts for businesses and professionals
- Fixed deposits, recurring deposits and tax-saver deposits
- Demand drafts, banker's cheques and pay orders
- Retail loans — personal, vehicle, education, gold and home
- Credit cards and overdraft facilities (subject to eligibility)
- Third-party investment products such as mutual funds and insurance (through tie-ups)
Whichever product you choose, the IFSC for incoming credits remains IOBA0003330.
Banking services available
The Nargund branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 44-28584896.
- 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 IOBA0003330
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 IOBA0003330 and the account number together uniquely identify the Nargund branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
Digital banking channels
Most day-to-day work that customers used to do at the Nargund 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 IOBA0003330 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.
Common mistakes to avoid when using IFSC IOBA0003330
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 – NARGUND, 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:
IOBA0003330. - 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.
Reaching the branch
The Nargund branch sits at KURANA BAZAAR STREET,NARGUND TALUK NARGUND,GADAG,KARNATAKA NARGUND 582 207. If you are travelling from outside Gadag, search for the branch on a maps application using the bank name and locality, or call 44-28584896 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 IOBA0003330 and your account number.
Verifying IFSC IOBA0003330 from official sources
The IFSC listed on this page is sourced from the RBI's master list and validated against the bank's branch directory. To double-check before transferring large sums, you can also confirm IOBA0003330 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 44-28584896.
- Visiting the bank's official branch locator page.
Working hours
Branch counters at Nargund 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 IOBA0003330 continue to work without interruption.
Branch address & contact
Indian Overseas BankNargund Branch
KURANA BAZAAR STREET,NARGUND TALUK NARGUND,GADAG,KARNATAKA NARGUND 582 207
Gadag, Karnataka
Phone: 44-28584896
IFSC: IOBA0003330
Frequently asked questions
What is the phone number of Indian Overseas Bank Nargund branch?
You can reach the branch at 44-28584896 during regular banking hours.
Is IFSC IOBA0003330 valid for NEFT and RTGS?
Yes. IFSC IOBA0003330 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Does Indian Overseas Bank Nargund branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 44-28584896 to confirm.
Can I use IFSC IOBA0003330 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC IOBA0003330 to send funds instantly.
How quickly will an NEFT transfer using IOBA0003330 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Indian Overseas Bank – Nargund reflect within 30 minutes.
How do I add Indian Overseas Bank Nargund as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC IOBA0003330, and complete OTP verification. Once activated, you can transfer funds at any time.
Is IFSC IOBA0003330 the same for all accounts at Nargund branch?
Yes. The IFSC IOBA0003330 is shared by every account held at Indian Overseas Bank's Nargund branch. Only the account number changes from customer to customer.
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 Nargund branch but serve different purposes.
Summary
The IFSC code IOBA0003330 belongs to Indian Overseas Bank's NARGUND branch, located at KURANA BAZAAR STREET,NARGUND TALUK NARGUND,GADAG,KARNATAKA NARGUND 582 207 in GADAG, KARNATAKA. 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.
