This page lists the IFSC code, branch address, contact number and fund-transfer information for Indian Overseas Bank, BOIPARAGUDA branch in JEYPORE,K. The 11-digit IFSC IOBA0000468 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 BOIPARAGUDA 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 – BOIPARAGUDA is IOBA0000468. The first four letters IOBA are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 000468 map to this branch in JEYPORE,K, ODISHA.
Branch details at a glance
| Bank Name | Indian Overseas Bank |
|---|---|
| Branch | Boiparaguda |
| IFSC Code | IOBA0000468 |
| MICR Code | Refer to cheque leaf |
| Branch Address | BOIPARIGUDA PIN 764043 |
| City | Jeypore,K |
| District | Koraput |
| State | Odisha |
| Phone | 249424 |
About the bank
Indian Overseas Bank serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Boiparaguda branch in Jeypore,K, Odisha is part of this network and uses the IFSC code IOBA0000468 for all electronic settlement.
About this branch
The branch is located at BOIPARIGUDA PIN 764043. It serves the Jeypore,K 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 IOBA0000468 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 BOIPARAGUDA branch came to be assigned the code IOBA0000468.
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 IOBA0000468, money simply cannot be routed to the BOIPARAGUDA branch electronically.
How to transfer money using IFSC IOBA0000468
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 IOBA0000468 across all three.
How to use IFSC IOBA0000468 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Indian Overseas Bank's BOIPARAGUDA 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 IOBA0000468.
- Confirm the bank name auto-populates as Indian Overseas Bank and the branch as BOIPARAGUDA.
- 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 BOIPARAGUDA
If you need to transfer ₹2 lakh or more in one go to an account at Indian Overseas Bank's BOIPARAGUDA branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC IOBA0000468 while initiating the transfer and the credit will appear within minutes.
IMPS to Indian Overseas Bank BOIPARAGUDA (IFSC IOBA0000468)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC IOBA0000468 in your mobile or internet banking app, and the money is credited to the BOIPARAGUDA branch account within seconds.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC IOBA0000468 for Indian Overseas Bank – BOIPARAGUDA, 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 – IOBA0000468 | Yes – IOBA0000468 | Yes – IOBA0000468 |
For most retail customers crediting the Boiparaguda 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 IOBA0000468
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 – BOIPARAGUDA is still mapped to IFSC IOBA0000468. 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 IOBA0000468 and the beneficiary's account number to complete the transfer.
Products and account variants supported
Every account opened at the Boiparaguda branch is mapped to IFSC IOBA0000468 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 IOBA0000468.
Banking services available
The Boiparaguda branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 249424.
- 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 IOBA0000468
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 IOBA0000468 and the account number together uniquely identify the Boiparaguda 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 Boiparaguda 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 IOBA0000468 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 IOBA0000468
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 – BOIPARAGUDA, 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:
IOBA0000468. - 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.
How to reach the Boiparaguda branch
The branch is located at BOIPARIGUDA PIN 764043, which puts it inside Jeypore,K, the broader Koraput district, and the state of Odisha. To plan your visit:
- Open Google Maps on your phone and search for “Indian Overseas Bank Boiparaguda branch” — the verified location pin for IFSC IOBA0000468 should appear at the top of the results.
- Confirm the branch is open by calling 249424 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 IOBA0000468 and your account number.
Verifying IFSC IOBA0000468 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 IOBA0000468 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 249424.
- Visiting the bank's official branch locator page.
Working hours
Branch counters at Boiparaguda 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 IOBA0000468 continue to work without interruption.
Branch address & contact
Indian Overseas BankBoiparaguda Branch
BOIPARIGUDA PIN 764043
Jeypore,K, Odisha
Phone: 249424
IFSC: IOBA0000468
Frequently asked questions
Where is Indian Overseas Bank Boiparaguda branch located?
Indian Overseas Bank's Boiparaguda branch is located at BOIPARIGUDA PIN 764043, Jeypore,K, Odisha.
Is IFSC IOBA0000468 valid for NEFT and RTGS?
Yes. IFSC IOBA0000468 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
How do I add Indian Overseas Bank Boiparaguda as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC IOBA0000468, and complete OTP verification. Once activated, you can transfer funds at any time.
Can I use IFSC IOBA0000468 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC IOBA0000468 to send funds instantly.
Is IFSC IOBA0000468 the same for all accounts at Boiparaguda branch?
Yes. The IFSC IOBA0000468 is shared by every account held at Indian Overseas Bank's Boiparaguda branch. Only the account number changes from customer to customer.
How quickly will an NEFT transfer using IOBA0000468 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Indian Overseas Bank – Boiparaguda reflect within 30 minutes.
Final notes
To recap: IOBA0000468 is the IFSC code of Indian Overseas Bank, BOIPARAGUDA branch, in JEYPORE,K, 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.
