This page lists the IFSC code, branch address, contact number and fund-transfer information for Indian Overseas Bank, OGB -SARAGADA branch in SARAGADA. The 11-digit IFSC IOBA0GB1047 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 -SARAGADA 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.
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 OGB -SARAGADA branch, the IFSC IOBA0GB1047 breaks down as follows: IOBA identifies the bank, 0 is the reserved character, and GB1047 identifies this particular branch.
Branch details at a glance
| Bank Name | Indian Overseas Bank |
|---|---|
| Branch | Ogb -Saragada |
| IFSC Code | IOBA0GB1047 |
| MICR Code | Refer to cheque leaf |
| Branch Address | AT/PO-SARAGADA,VIA-BIJATALA,DIST-MAYURBHANJ-757048, |
| City | Saragada |
| District | Mayurbhanj |
| 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 -Saragada branch in Saragada, Odisha is part of this network and uses the IFSC code IOBA0GB1047 for all electronic settlement.
About this branch
The branch is located at AT/PO-SARAGADA,VIA-BIJATALA,DIST-MAYURBHANJ-757048,. It serves the Saragada 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 IOBA0GB1047 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 OGB -SARAGADA branch came to be assigned the code IOBA0GB1047.
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 IOBA0GB1047, money simply cannot be routed to the OGB -SARAGADA branch electronically.
How to transfer money using IFSC IOBA0GB1047
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 IOBA0GB1047 across all three.
NEFT to Indian Overseas Bank, OGB -SARAGADA using IFSC IOBA0GB1047
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 IOBA0GB1047, and confirm that the system picks up Indian Overseas Bank – OGB -SARAGADA. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
Real-Time Gross Settlement to OGB -SARAGADA
If you need to transfer ₹2 lakh or more in one go to an account at Indian Overseas Bank's OGB -SARAGADA branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC IOBA0GB1047 while initiating the transfer and the credit will appear within minutes.
IMPS to Indian Overseas Bank OGB -SARAGADA (IFSC IOBA0GB1047)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC IOBA0GB1047 in your mobile or internet banking app, and the money is credited to the OGB -SARAGADA branch account within seconds.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC IOBA0GB1047 for Indian Overseas Bank – OGB -SARAGADA, 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 – IOBA0GB1047 | Yes – IOBA0GB1047 | Yes – IOBA0GB1047 |
For most retail customers crediting the Ogb -Saragada 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 OGB -SARAGADA branch, the IFSC IOBA0GB1047 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.
Products and account variants supported
Every account opened at the Ogb -Saragada branch is mapped to IFSC IOBA0GB1047 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 IOBA0GB1047.
Products and services
Customers walking into the Ogb -Saragada 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 IOBA0GB1047
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 IOBA0GB1047 and the account number together uniquely identify the Ogb -Saragada 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 Ogb -Saragada 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 IOBA0GB1047 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 IOBA0GB1047
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 – OGB -SARAGADA, 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:
IOBA0GB1047. - 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 Ogb -Saragada branch
The branch is located at AT/PO-SARAGADA,VIA-BIJATALA,DIST-MAYURBHANJ-757048,, which puts it inside Saragada, the broader Mayurbhanj district, and the state of Odisha. To plan your visit:
- Open Google Maps on your phone and search for “Indian Overseas Bank Ogb -Saragada branch” — the verified location pin for IFSC IOBA0GB1047 should appear at the top of the results.
- Confirm the branch is open by calling the branch contact number 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 IOBA0GB1047 and your account number.
Other ways to verify the IFSC code
While this page already lists the verified IFSC IOBA0GB1047 for Indian Overseas Bank – OGB -SARAGADA, you can cross-check the code from any of these sources before initiating a high-value transfer:
- The front of the cheque book issued by the branch – the IFSC is printed at the top of every leaf.
- The first page of your passbook.
- The bank's official website under the branch locator.
- The Reserve Bank of India's IFSC search portal.
- Net banking dashboards usually display the home-branch IFSC under account details.
Working hours
Branch counters at Ogb -Saragada 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 IOBA0GB1047 continue to work without interruption.
Branch address & contact
Indian Overseas BankOgb -Saragada Branch
AT/PO-SARAGADA,VIA-BIJATALA,DIST-MAYURBHANJ-757048,
Saragada, Odisha
Phone: the branch contact number
IFSC: IOBA0GB1047
Frequently asked questions
Can I use IFSC IOBA0GB1047 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC IOBA0GB1047 to send funds instantly.
How quickly will an NEFT transfer using IOBA0GB1047 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Indian Overseas Bank – Ogb -Saragada reflect within 30 minutes.
Is IFSC IOBA0GB1047 valid for NEFT and RTGS?
Yes. IFSC IOBA0GB1047 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
How do I add Indian Overseas Bank Ogb -Saragada as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC IOBA0GB1047, and complete OTP verification. Once activated, you can transfer funds at any time.
What is the IFSC code of Indian Overseas Bank Ogb -Saragada branch?
The IFSC code of Indian Overseas Bank, Ogb -Saragada branch is IOBA0GB1047. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
What is the phone number of Indian Overseas Bank Ogb -Saragada branch?
You can reach the branch at the branch contact number during regular banking hours.
Is IFSC IOBA0GB1047 the same for all accounts at Ogb -Saragada branch?
Yes. The IFSC IOBA0GB1047 is shared by every account held at Indian Overseas Bank's Ogb -Saragada branch. Only the account number changes from customer to customer.
Summary
The IFSC code IOBA0GB1047 belongs to Indian Overseas Bank's OGB -SARAGADA branch, located at AT/PO-SARAGADA,VIA-BIJATALA,DIST-MAYURBHANJ-757048, in SARAGADA, 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.
