Below are the complete branch details for Indian Overseas Bank, MANISH NAGAR branch, located in NAGPUR, MAHARASHTRA. The IFSC assigned by the Reserve Bank of India to this branch is IOBA0003971. Whether you want to transfer money, add a beneficiary, verify a cheque or simply confirm the branch address, you will find authentic, up-to-date information on this page that has been cross-checked against the bank's branch directory and the RBI's master list of participants in the National Electronic Funds Transfer system.
The IFSC code is one of the most frequently asked-for pieces of information when somebody wants to send you money or set up a recurring credit such as a salary, EMI auto-debit or supplier payment. Knowing exactly which IFSC belongs to your branch — in this case IOBA0003971 for Indian Overseas Bank – MANISH NAGAR — saves you from rejected transfers, returned credits and the back-and-forth that follows them.
An IFSC (Indian Financial System Code) is an 11-character alphanumeric code issued by the Reserve Bank of India. It uniquely identifies every bank branch that participates in the RBI's electronic fund-transfer systems – NEFT, RTGS and IMPS. The first four characters represent the bank, the fifth is always a zero (reserved for future use), and the last six characters identify the specific branch.
For Indian Overseas Bank's MANISH NAGAR branch, the IFSC IOBA0003971 breaks down as follows: IOBA identifies the bank, 0 is the reserved character, and 003971 identifies this particular branch.
Bank profile
Indian Overseas Bank is among the recognised banks listed on the Reserve Bank of India's payments network. The Manish Nagar branch — IFSC IOBA0003971 — extends the bank's services to customers in and around Nagpur, Maharashtra.
Branch details at a glance
| Bank Name | Indian Overseas Bank |
|---|---|
| Branch | Manish Nagar |
| IFSC Code | IOBA0003971 |
| MICR Code | Refer to cheque leaf |
| Branch Address | GROUND FLOOR,RAM BHANDAR,NEAR UCO BANK,RAILWAY CROSSING ROAD,MANISH NAGAR,NAGPUR,MAHARASHTRA,PIN-440015 |
| City | Nagpur |
| District | Nagpur |
| State | Maharashtra |
| STD Code | 0 |
| Phone | 0 |
About this branch
The branch is located at GROUND FLOOR,RAM BHANDAR,NEAR UCO BANK,RAILWAY CROSSING ROAD,MANISH NAGAR,NAGPUR,MAHARASHTRA,PIN-440015. It serves the Nagpur 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 IOBA0003971 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 MANISH NAGAR of Indian Overseas Bank — its own 11-character IFSC. The code IOBA0003971 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 IOBA0003971 the same way you would treat your account number — verify it once and save it carefully for future use.
Account types you can open at the Manish Nagar branch
Once you have an account at Indian Overseas Bank – MANISH NAGAR, the IFSC IOBA0003971 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.
Banking services available
The Manish Nagar branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 0.
- 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 IOBA0003971
How to transfer money using IFSC IOBA0003971
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 IOBA0003971 across all three.
NEFT to Indian Overseas Bank, MANISH NAGAR using IFSC IOBA0003971
National Electronic Funds Transfer is the simplest way to move money into an account at this branch. NEFT works around the clock, including Sundays and public holidays, and settles in half-hourly batches.
To send funds, add the recipient as a beneficiary in your bank's online portal, key in the account number, paste the IFSC IOBA0003971, and confirm that the system picks up Indian Overseas Bank – MANISH NAGAR. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
Real-Time Gross Settlement to MANISH NAGAR
If you need to transfer ₹2 lakh or more in one go to an account at Indian Overseas Bank's MANISH NAGAR branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC IOBA0003971 while initiating the transfer and the credit will appear within minutes.
Send money instantly through IMPS
For a real-time, anytime transfer to Indian Overseas Bank – MANISH NAGAR, use IMPS. With IFSC IOBA0003971 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 IOBA0003971 for Indian Overseas Bank – MANISH NAGAR, 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 – IOBA0003971 | Yes – IOBA0003971 | Yes – IOBA0003971 |
For most retail customers crediting the Manish Nagar 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 MANISH NAGAR branch, the IFSC IOBA0003971 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.
Digital banking channels
Most day-to-day work that customers used to do at the Manish Nagar 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 IOBA0003971 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.
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 IOBA0003971 and the account number together uniquely identify the Manish Nagar branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
Common mistakes to avoid when using IFSC IOBA0003971
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 – MANISH NAGAR, 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:
IOBA0003971. - 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 Manish Nagar branch sits at GROUND FLOOR,RAM BHANDAR,NEAR UCO BANK,RAILWAY CROSSING ROAD,MANISH NAGAR,NAGPUR,MAHARASHTRA,PIN-440015. If you are travelling from outside Nagpur, 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 IOBA0003971 and your account number.
Verifying IFSC IOBA0003971 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 IOBA0003971 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.
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 Manish Nagar branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC IOBA0003971, however, work 24x7.
Branch address & contact
Indian Overseas BankManish Nagar Branch
GROUND FLOOR,RAM BHANDAR,NEAR UCO BANK,RAILWAY CROSSING ROAD,MANISH NAGAR,NAGPUR,MAHARASHTRA,PIN-440015
Nagpur, Maharashtra
Phone: 0
IFSC: IOBA0003971
Frequently asked questions
How quickly will an NEFT transfer using IOBA0003971 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Indian Overseas Bank – Manish Nagar reflect within 30 minutes.
What is the IFSC code of Indian Overseas Bank Manish Nagar branch?
The IFSC code of Indian Overseas Bank, Manish Nagar branch is IOBA0003971. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
Does Indian Overseas Bank Manish Nagar branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 0 to confirm.
Is IFSC IOBA0003971 the same for all accounts at Manish Nagar branch?
Yes. The IFSC IOBA0003971 is shared by every account held at Indian Overseas Bank's Manish Nagar branch. Only the account number changes from customer to customer.
Where is Indian Overseas Bank Manish Nagar branch located?
Indian Overseas Bank's Manish Nagar branch is located at GROUND FLOOR,RAM BHANDAR,NEAR UCO BANK,RAILWAY CROSSING ROAD,MANISH NAGAR,NAGPUR,MAHARASHTRA,PIN-440015, Nagpur, Maharashtra.
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 Manish Nagar branch but serve different purposes.
What is the phone number of Indian Overseas Bank Manish Nagar branch?
You can reach the branch at 0 during regular banking hours.
Summary
The IFSC code IOBA0003971 belongs to Indian Overseas Bank's MANISH NAGAR branch, located at GROUND FLOOR,RAM BHANDAR,NEAR UCO BANK,RAILWAY CROSSING ROAD,MANISH… in NAGPUR, MAHARASHTRA. 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.
