Use this page as a one-stop reference for everything related to Indian Overseas Bank's NADAUN branch in NADAUN, HIMACHAL PRADESH. The branch's IFSC code IOBA0003516 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 – NADAUN is IOBA0003516. The first four letters IOBA are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 003516 map to this branch in NADAUN, HIMACHAL PRADESH.
Branch details at a glance
| Bank Name | Indian Overseas Bank |
|---|---|
| Branch | Nadaun |
| IFSC Code | IOBA0003516 |
| MICR Code | Refer to cheque leaf |
| Branch Address | NEAR BUSSTAND,KANGRA ROAD,NADAUN,HAMIRPUR DIST - 177033 |
| City | Nadaun |
| District | Hamirpur |
| State | Himachal Pradesh |
| STD Code | 712 |
| Phone | 2793014 |
About the bank
Indian Overseas Bank serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Nadaun branch in Nadaun, Himachal Pradesh is part of this network and uses the IFSC code IOBA0003516 for all electronic settlement.
About this branch
The branch is located at NEAR BUSSTAND,KANGRA ROAD,NADAUN,HAMIRPUR DIST - 177033. It serves the Nadaun 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 IOBA0003516 is used to identify this branch on the RBI payments network.
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 NADAUN of Indian Overseas Bank — its own 11-character IFSC. The code IOBA0003516 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 IOBA0003516 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 IOBA0003516
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 IOBA0003516 across all three.
How to use IFSC IOBA0003516 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Indian Overseas Bank's NADAUN 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 IOBA0003516.
- Confirm the bank name auto-populates as Indian Overseas Bank and the branch as NADAUN.
- Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.
RTGS transfers via IFSC IOBA0003516
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 – NADAUN, ensure your bank's portal accepts IFSC IOBA0003516 while registering the beneficiary. RTGS is also available 24x7.
IMPS to Indian Overseas Bank NADAUN (IFSC IOBA0003516)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC IOBA0003516 in your mobile or internet banking app, and the money is credited to the NADAUN branch account within seconds.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC IOBA0003516 for Indian Overseas Bank – NADAUN, 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 – IOBA0003516 | Yes – IOBA0003516 | Yes – IOBA0003516 |
For most retail customers crediting the Nadaun 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 IOBA0003516
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 – NADAUN is still mapped to IFSC IOBA0003516. 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 IOBA0003516 and the beneficiary's account number to complete the transfer.
Products and account variants supported
Every account opened at the Nadaun branch is mapped to IFSC IOBA0003516 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 IOBA0003516.
Products and services
Customers walking into the Nadaun 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 IOBA0003516
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 IOBA0003516 and the account number together uniquely identify the Nadaun 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 Nadaun 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 IOBA0003516 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 IOBA0003516
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 – NADAUN, 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:
IOBA0003516. - 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 Nadaun branch
The branch is located at NEAR BUSSTAND,KANGRA ROAD,NADAUN,HAMIRPUR DIST - 177033, which puts it inside Nadaun, the broader Hamirpur district, and the state of Himachal Pradesh. To plan your visit:
- Open Google Maps on your phone and search for “Indian Overseas Bank Nadaun branch” — the verified location pin for IFSC IOBA0003516 should appear at the top of the results.
- Confirm the branch is open by calling 712-2793014 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 IOBA0003516 and your account number.
Verifying IFSC IOBA0003516 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 IOBA0003516 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 712-2793014.
- Visiting the bank's official branch locator page.
Working hours
Branch counters at Nadaun 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 IOBA0003516 continue to work without interruption.
Branch address & contact
Indian Overseas BankNadaun Branch
NEAR BUSSTAND,KANGRA ROAD,NADAUN,HAMIRPUR DIST - 177033
Nadaun, Himachal Pradesh
Phone: 712-2793014
IFSC: IOBA0003516
Frequently asked questions
How do I add Indian Overseas Bank Nadaun as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC IOBA0003516, and complete OTP verification. Once activated, you can transfer funds at any time.
What is the phone number of Indian Overseas Bank Nadaun branch?
You can reach the branch at 712-2793014 during regular banking hours.
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 Nadaun branch but serve different purposes.
How quickly will an NEFT transfer using IOBA0003516 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Indian Overseas Bank – Nadaun reflect within 30 minutes.
Is IFSC IOBA0003516 the same for all accounts at Nadaun branch?
Yes. The IFSC IOBA0003516 is shared by every account held at Indian Overseas Bank's Nadaun branch. Only the account number changes from customer to customer.
Is IFSC IOBA0003516 valid for NEFT and RTGS?
Yes. IFSC IOBA0003516 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Summary
The IFSC code IOBA0003516 belongs to Indian Overseas Bank's NADAUN branch, located at NEAR BUSSTAND,KANGRA ROAD,NADAUN,HAMIRPUR DIST - 177033 in NADAUN, HIMACHAL PRADESH. 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.
