This page lists the IFSC code, branch address, contact number and fund-transfer information for Indian Overseas Bank, RANDESAN branch in GANDHINAGAR. The 11-digit IFSC IOBA0004032 uniquely identifies this branch in the RBI's centralised payments network and is required for every NEFT, RTGS or IMPS transaction routed to this branch. If you are paying somebody who banks with Indian Overseas Bank at the RANDESAN location, this is the only IFSC you need.
We have organised this page into clearly labelled sections so you can jump straight to the part that interests you — the IFSC and MICR details, the full postal address, the contact phone number, a quick primer on NEFT, RTGS and IMPS, the typical product line-up at the branch, and a frequently asked questions section that addresses the queries people raise most often about this branch.
The Indian Financial System Code, popularly known as IFSC, is an 11-digit alphanumeric code that the RBI assigns to every bank branch participating in online interbank settlement. Without this code, an electronic transfer simply cannot reach its destination branch.
The IFSC for Indian Overseas Bank – RANDESAN is IOBA0004032. The first four letters IOBA are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 004032 map to this branch in GANDHINAGAR, GUJARAT.
Branch details at a glance
| Bank Name | Indian Overseas Bank |
|---|---|
| Branch | Randesan |
| IFSC Code | IOBA0004032 |
| MICR Code | Refer to cheque leaf |
| Branch Address | SHOP NO.7 TO 10, KESHAV ELITUS, NEAR SHUBH ARAMBH, RANDESAN, DISTRICT GANDHINAGAR, STATE GUJARAT, 382007 |
| City | Gandhinagar |
| District | Gandhinagar |
| State | Gujarat |
| STD Code | 0 |
| Phone | 0 |
About Indian Overseas Bank
Indian Overseas Bank operates a wide network of branches across India, including the Randesan branch in Gandhinagar. 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, IOBA0004032.
About this branch
The branch is located at SHOP NO.7 TO 10, KESHAV ELITUS, NEAR SHUBH ARAMBH, RANDESAN, DISTRICT GANDHINAGAR, STATE GUJARAT, 382007. It serves the Gandhinagar 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 IOBA0004032 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 RANDESAN branch came to be assigned the code IOBA0004032.
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 IOBA0004032, money simply cannot be routed to the RANDESAN branch electronically.
How to transfer money using IFSC IOBA0004032
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 IOBA0004032 across all three.
How to use IFSC IOBA0004032 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Indian Overseas Bank's RANDESAN 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 IOBA0004032.
- Confirm the bank name auto-populates as Indian Overseas Bank and the branch as RANDESAN.
- Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.
RTGS transfers via IFSC IOBA0004032
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 – RANDESAN, ensure your bank's portal accepts IFSC IOBA0004032 while registering the beneficiary. RTGS is also available 24x7.
Send money instantly through IMPS
For a real-time, anytime transfer to Indian Overseas Bank – RANDESAN, use IMPS. With IFSC IOBA0004032 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 IOBA0004032 for Indian Overseas Bank – RANDESAN, 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 – IOBA0004032 | Yes – IOBA0004032 | Yes – IOBA0004032 |
For most retail customers crediting the Randesan 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.
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 RANDESAN branch, the IFSC IOBA0004032 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 Randesan branch is mapped to IFSC IOBA0004032 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 IOBA0004032.
Products and services
Customers walking into the Randesan 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 IOBA0004032
MICR & cheque-truncation details
Cheques drawn on the Randesan branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC IOBA0004032 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
Digital banking channels
Most day-to-day work that customers used to do at the Randesan 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 IOBA0004032 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 IOBA0004032
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 – RANDESAN, 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:
IOBA0004032. - 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 Randesan branch sits at SHOP NO.7 TO 10, KESHAV ELITUS, NEAR SHUBH ARAMBH, RANDESAN, DISTRICT GANDHINAGAR, STATE GUJARAT, 382007. If you are travelling from outside Gandhinagar, search for the branch on a maps application using the bank name and locality, or call 0 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 IOBA0004032 and your account number.
Verifying IFSC IOBA0004032 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 IOBA0004032 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 0.
- Visiting the bank's official branch locator page.
Working hours
Branch counters at Randesan 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 IOBA0004032 continue to work without interruption.
Branch address & contact
Indian Overseas BankRandesan Branch
SHOP NO.7 TO 10, KESHAV ELITUS, NEAR SHUBH ARAMBH, RANDESAN, DISTRICT GANDHINAGAR, STATE GUJARAT, 382007
Gandhinagar, Gujarat
Phone: 0
IFSC: IOBA0004032
Frequently asked questions
How quickly will an NEFT transfer using IOBA0004032 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Indian Overseas Bank – Randesan reflect within 30 minutes.
Where is Indian Overseas Bank Randesan branch located?
Indian Overseas Bank's Randesan branch is located at SHOP NO.7 TO 10, KESHAV ELITUS, NEAR SHUBH ARAMBH, RANDESAN, DISTRICT GANDHINAGAR, STATE GUJARAT, 382007, Gandhinagar, Gujarat.
Is IFSC IOBA0004032 the same for all accounts at Randesan branch?
Yes. The IFSC IOBA0004032 is shared by every account held at Indian Overseas Bank's Randesan branch. Only the account number changes from customer to customer.
What is the phone number of Indian Overseas Bank Randesan branch?
You can reach the branch at 0 during regular banking hours.
Can I use IFSC IOBA0004032 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC IOBA0004032 to send funds instantly.
Is IFSC IOBA0004032 valid for NEFT and RTGS?
Yes. IFSC IOBA0004032 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
How do I add Indian Overseas Bank Randesan as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC IOBA0004032, and complete OTP verification. Once activated, you can transfer funds at any time.
Summary
The IFSC code IOBA0004032 belongs to Indian Overseas Bank's RANDESAN branch, located at SHOP NO.7 TO 10, KESHAV ELITUS, NEAR SHUBH ARAMBH, RANDESAN, DISTRICT… in GANDHINAGAR, GUJARAT. 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.
