Below are the complete branch details for Indian Overseas Bank, SAGAR branch, located in SAGAR, MADHYA PRADESH. The IFSC assigned by the Reserve Bank of India to this branch is IOBA0002190. 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 IOBA0002190 for Indian Overseas Bank – SAGAR — 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 SAGAR branch, the IFSC IOBA0002190 breaks down as follows: IOBA identifies the bank, 0 is the reserved character, and 002190 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 Sagar branch — IFSC IOBA0002190 — extends the bank's services to customers in and around Sagar, Madhya Pradesh.
Branch details at a glance
| Bank Name | Indian Overseas Bank |
|---|---|
| Branch | Sagar |
| IFSC Code | IOBA0002190 |
| MICR Code | Refer to cheque leaf |
| Branch Address | 26 NATIONAL HIGHWAY,JHANSI ROAD MAKRONIA SAGAR PIN 470004 DIST SAGAR |
| City | Sagar |
| District | Sagar |
| State | Madhya Pradesh |
| STD Code | 7582 |
| Phone | 230566 |
About the Sagar branch
The Sagar branch of Indian Overseas Bank is situated at 26 NATIONAL HIGHWAY,JHANSI ROAD MAKRONIA SAGAR PIN 470004 DIST SAGAR. Customers visiting this branch can complete cash deposits, withdrawals, demand draft requests, cheque clearing, passbook updates and KYC formalities. For online transactions to or from this branch, the IFSC code IOBA0002190 is used.
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 SAGAR branch came to be assigned the code IOBA0002190.
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 IOBA0002190, money simply cannot be routed to the SAGAR branch electronically.
Products and account variants supported
Every account opened at the Sagar branch is mapped to IFSC IOBA0002190 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 IOBA0002190.
Banking services available
The Sagar branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 7582-230566.
- 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 IOBA0002190
How to transfer money using IFSC IOBA0002190
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 IOBA0002190 across all three.
How to use IFSC IOBA0002190 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Indian Overseas Bank's SAGAR 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 IOBA0002190.
- Confirm the bank name auto-populates as Indian Overseas Bank and the branch as SAGAR.
- 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 SAGAR
If you need to transfer ₹2 lakh or more in one go to an account at Indian Overseas Bank's SAGAR branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC IOBA0002190 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 – SAGAR, use IMPS. With IFSC IOBA0002190 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 IOBA0002190 for Indian Overseas Bank – SAGAR, 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 – IOBA0002190 | Yes – IOBA0002190 | Yes – IOBA0002190 |
For most retail customers crediting the Sagar 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 IOBA0002190
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 – SAGAR is still mapped to IFSC IOBA0002190. 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 IOBA0002190 and the beneficiary's account number to complete the transfer.
Online banking and IFSC IOBA0002190
Indian Overseas Bank customers can register for net banking and the bank's official mobile app once their account at the SAGAR 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 IOBA0002190 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.
MICR & cheque-truncation details
Cheques drawn on the Sagar branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC IOBA0002190 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
Common mistakes to avoid when using IFSC IOBA0002190
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 – SAGAR, 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:
IOBA0002190. - 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 Sagar branch sits at 26 NATIONAL HIGHWAY,JHANSI ROAD MAKRONIA SAGAR PIN 470004 DIST SAGAR. If you are travelling from outside Sagar, search for the branch on a maps application using the bank name and locality, or call 7582-230566 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 IOBA0002190 and your account number.
Verifying IFSC IOBA0002190 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 IOBA0002190 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 7582-230566.
- 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 Sagar branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC IOBA0002190, however, work 24x7.
Branch address & contact
Indian Overseas BankSagar Branch
26 NATIONAL HIGHWAY,JHANSI ROAD MAKRONIA SAGAR PIN 470004 DIST SAGAR
Sagar, Madhya Pradesh
Phone: 7582-230566
IFSC: IOBA0002190
Frequently asked questions
Is IFSC IOBA0002190 the same for all accounts at Sagar branch?
Yes. The IFSC IOBA0002190 is shared by every account held at Indian Overseas Bank's Sagar branch. Only the account number changes from customer to customer.
Can I use IFSC IOBA0002190 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC IOBA0002190 to send funds instantly.
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 Sagar branch but serve different purposes.
Where is Indian Overseas Bank Sagar branch located?
Indian Overseas Bank's Sagar branch is located at 26 NATIONAL HIGHWAY,JHANSI ROAD MAKRONIA SAGAR PIN 470004 DIST SAGAR, Sagar, Madhya Pradesh.
What is the phone number of Indian Overseas Bank Sagar branch?
You can reach the branch at 7582-230566 during regular banking hours.
Is IFSC IOBA0002190 valid for NEFT and RTGS?
Yes. IFSC IOBA0002190 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
How quickly will an NEFT transfer using IOBA0002190 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Indian Overseas Bank – Sagar reflect within 30 minutes.
What is the IFSC code of Indian Overseas Bank Sagar branch?
The IFSC code of Indian Overseas Bank, Sagar branch is IOBA0002190. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
Final notes
To recap: IOBA0002190 is the IFSC code of Indian Overseas Bank, SAGAR branch, in SAGAR, MADHYA PRADESH. 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.
