Use this page as a one-stop reference for everything related to Indian Overseas Bank's NAVANAGAR branch in HUBLI-DHARWAD, KARNATAKA. The branch's IFSC code IOBA0003577 is the key identifier you need whenever a remitter, employer or biller asks for a bank routing number to send funds to an account held at this branch. We have also included the branch's postal address, telephone number, banking hours, common services, and an extensive FAQ block that should answer almost every question that comes up when you are about to add this branch as a beneficiary in your net-banking app for the first time.
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 – NAVANAGAR is IOBA0003577. The first four letters IOBA are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 003577 map to this branch in HUBLI-DHARWAD, KARNATAKA.
Bank profile
Indian Overseas Bank is among the recognised banks listed on the Reserve Bank of India's payments network. The Navanagar branch — IFSC IOBA0003577 — extends the bank's services to customers in and around Hubli-Dharwad, Karnataka.
About this branch
The branch is located at MAIN ROAD,NAVANAGAR,HUBLI,DHARWAD - 580025. It serves the Hubli-Dharwad 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 IOBA0003577 is used to identify this branch on the RBI payments network.
Branch details at a glance
| Bank Name | Indian Overseas Bank |
|---|---|
| Branch | Navanagar |
| IFSC Code | IOBA0003577 |
| MICR Code | Refer to cheque leaf |
| Branch Address | MAIN ROAD,NAVANAGAR,HUBLI,DHARWAD - 580025 |
| City | Hubli-Dharwad |
| District | Dharwad |
| State | Karnataka |
| Phone | 8022950210 |
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 NAVANAGAR of Indian Overseas Bank — its own 11-character IFSC. The code IOBA0003577 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 IOBA0003577 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 IOBA0003577 and the account number together uniquely identify the Navanagar branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
How to transfer money using IFSC IOBA0003577
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 IOBA0003577 across all three.
How to use IFSC IOBA0003577 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Indian Overseas Bank's NAVANAGAR 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 IOBA0003577.
- Confirm the bank name auto-populates as Indian Overseas Bank and the branch as NAVANAGAR.
- Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.
Real-Time Gross Settlement to NAVANAGAR
If you need to transfer ₹2 lakh or more in one go to an account at Indian Overseas Bank's NAVANAGAR branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC IOBA0003577 while initiating the transfer and the credit will appear within minutes.
IMPS to Indian Overseas Bank NAVANAGAR (IFSC IOBA0003577)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC IOBA0003577 in your mobile or internet banking app, and the money is credited to the NAVANAGAR branch account within seconds.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC IOBA0003577 for Indian Overseas Bank – NAVANAGAR, 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 – IOBA0003577 | Yes – IOBA0003577 | Yes – IOBA0003577 |
For most retail customers crediting the Navanagar 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 IOBA0003577
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 – NAVANAGAR is still mapped to IFSC IOBA0003577. 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 IOBA0003577 and the beneficiary's account number to complete the transfer.
Products and account variants supported
Every account opened at the Navanagar branch is mapped to IFSC IOBA0003577 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 IOBA0003577.
Banking services available
The Navanagar branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 8022950210.
- 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 IOBA0003577
Online banking and IFSC IOBA0003577
Indian Overseas Bank customers can register for net banking and the bank's official mobile app once their account at the NAVANAGAR branch is active. Net banking lets you view balances, download statements, open fixed deposits, request cheque books and initiate NEFT/RTGS/IMPS transfers — all without setting foot in the branch. The IFSC IOBA0003577 is pre-filled by the bank for transfers originating from your own account, and you only need to enter it manually when adding an external beneficiary or sharing your account details with a third party.
How to reach the Navanagar branch
The branch is located at MAIN ROAD,NAVANAGAR,HUBLI,DHARWAD - 580025, which puts it inside Hubli-Dharwad, the broader Dharwad district, and the state of Karnataka. To plan your visit:
- Open Google Maps on your phone and search for “Indian Overseas Bank Navanagar branch” — the verified location pin for IFSC IOBA0003577 should appear at the top of the results.
- Confirm the branch is open by calling 8022950210 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 IOBA0003577 and your account number.
Common mistakes to avoid when using IFSC IOBA0003577
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 – NAVANAGAR, 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:
IOBA0003577. - 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 Navanagar 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 IOBA0003577 continue to work without interruption.
Other ways to verify the IFSC code
While this page already lists the verified IFSC IOBA0003577 for Indian Overseas Bank – NAVANAGAR, 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 BankNavanagar Branch
MAIN ROAD,NAVANAGAR,HUBLI,DHARWAD - 580025
Hubli-Dharwad, Karnataka
Phone: 8022950210
IFSC: IOBA0003577
Frequently asked questions
What is the phone number of Indian Overseas Bank Navanagar branch?
You can reach the branch at 8022950210 during regular banking hours.
How quickly will an NEFT transfer using IOBA0003577 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Indian Overseas Bank – Navanagar reflect within 30 minutes.
Is IFSC IOBA0003577 valid for NEFT and RTGS?
Yes. IFSC IOBA0003577 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
How do I add Indian Overseas Bank Navanagar as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC IOBA0003577, 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 Navanagar branch but serve different purposes.
Is IFSC IOBA0003577 the same for all accounts at Navanagar branch?
Yes. The IFSC IOBA0003577 is shared by every account held at Indian Overseas Bank's Navanagar branch. Only the account number changes from customer to customer.
Final notes
To recap: IOBA0003577 is the IFSC code of Indian Overseas Bank, NAVANAGAR branch, in HUBLI-DHARWAD, KARNATAKA. 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.
