This page lists the IFSC code, branch address, contact number and fund-transfer information for Indian Overseas Bank, OGB - KANUT branch in KANUT. The 11-digit IFSC IOBA0GB8129 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 OGB - KANUT 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 – OGB - KANUT is IOBA0GB8129. The first four letters IOBA are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters GB8129 map to this branch in KANUT, ODISHA.
Branch details at a glance
| Bank Name | Indian Overseas Bank |
|---|---|
| Branch | Ogb - Kanut |
| IFSC Code | IOBA0GB8129 |
| MICR Code | Refer to cheque leaf |
| Branch Address | AT/PO-KANUT,DIST-BOLANGIR,PIN-767026 |
| City | Kanut |
| District | Bolangir |
| State | Odisha |
About the bank
Indian Overseas Bank serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Ogb - Kanut branch in Kanut, Odisha is part of this network and uses the IFSC code IOBA0GB8129 for all electronic settlement.
Ogb - Kanut branch overview
Located at AT/PO-KANUT,DIST-BOLANGIR,PIN-767026, the Ogb - Kanut branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC IOBA0GB8129 is required for all interbank electronic transfers routed through this branch.
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 OGB - KANUT of Indian Overseas Bank — its own 11-character IFSC. The code IOBA0GB8129 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 IOBA0GB8129 the same way you would treat your account number — verify it once and save it carefully for future use.
How to transfer money using IFSC IOBA0GB8129
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 IOBA0GB8129 across all three.
How to use IFSC IOBA0GB8129 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Indian Overseas Bank's OGB - KANUT 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 IOBA0GB8129.
- Confirm the bank name auto-populates as Indian Overseas Bank and the branch as OGB - KANUT.
- 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 OGB - KANUT
If you need to transfer ₹2 lakh or more in one go to an account at Indian Overseas Bank's OGB - KANUT branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC IOBA0GB8129 while initiating the transfer and the credit will appear within minutes.
IMPS to Indian Overseas Bank OGB - KANUT (IFSC IOBA0GB8129)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC IOBA0GB8129 in your mobile or internet banking app, and the money is credited to the OGB - KANUT branch account within seconds.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC IOBA0GB8129 for Indian Overseas Bank – OGB - KANUT, 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 – IOBA0GB8129 | Yes – IOBA0GB8129 | Yes – IOBA0GB8129 |
For most retail customers crediting the Ogb - Kanut 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 IOBA0GB8129
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 - KANUT is still mapped to IFSC IOBA0GB8129. 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 IOBA0GB8129 and the beneficiary's account number to complete the transfer.
Account types you can open at the Ogb - Kanut branch
Once you have an account at Indian Overseas Bank – OGB - KANUT, the IFSC IOBA0GB8129 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.
Products and services
Customers walking into the Ogb - Kanut 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 IOBA0GB8129
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 IOBA0GB8129 and the account number together uniquely identify the Ogb - Kanut branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
Online banking and IFSC IOBA0GB8129
Indian Overseas Bank customers can register for net banking and the bank's official mobile app once their account at the OGB - KANUT 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 IOBA0GB8129 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.
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 - KANUT:
- The IFSC is exactly IOBA0GB8129 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 - KANUT 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.
Reaching the branch
The Ogb - Kanut branch sits at AT/PO-KANUT,DIST-BOLANGIR,PIN-767026. If you are travelling from outside Kanut, 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 IOBA0GB8129 and your account number.
Verifying IFSC IOBA0GB8129 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 IOBA0GB8129 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on the branch contact number.
- Visiting the bank's official branch locator page.
Branch banking hours and holidays
Indian bank branches typically operate from 10:00 AM to 4:00 PM, Monday to Friday, and from 10:00 AM to 2:00 PM on working Saturdays (usually the 1st, 3rd and 5th Saturdays). The Ogb - Kanut branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC IOBA0GB8129, however, work 24x7.
Branch address & contact
Indian Overseas BankOgb - Kanut Branch
AT/PO-KANUT,DIST-BOLANGIR,PIN-767026
Kanut, Odisha
Phone: the branch contact number
IFSC: IOBA0GB8129
Frequently asked questions
Can I use IFSC IOBA0GB8129 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC IOBA0GB8129 to send funds instantly.
How quickly will an NEFT transfer using IOBA0GB8129 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Indian Overseas Bank – Ogb - Kanut reflect within 30 minutes.
Is IFSC IOBA0GB8129 the same for all accounts at Ogb - Kanut branch?
Yes. The IFSC IOBA0GB8129 is shared by every account held at Indian Overseas Bank's Ogb - Kanut branch. Only the account number changes from customer to customer.
Is IFSC IOBA0GB8129 valid for NEFT and RTGS?
Yes. IFSC IOBA0GB8129 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
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 - Kanut branch but serve different purposes.
What is the phone number of Indian Overseas Bank Ogb - Kanut branch?
You can reach the branch at the branch contact number during regular banking hours.
Summary
The IFSC code IOBA0GB8129 belongs to Indian Overseas Bank's OGB - KANUT branch, located at AT/PO-KANUT,DIST-BOLANGIR,PIN-767026 in KANUT, 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.
