Use this page as a one-stop reference for everything related to Indian Overseas Bank's NAD JUNCTION branch in VISAKHAPATNAM, ANDHRA PRADESH. The branch's IFSC code IOBA0001939 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.
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 NAD JUNCTION branch, the IFSC IOBA0001939 breaks down as follows: IOBA identifies the bank, 0 is the reserved character, and 001939 identifies this particular branch.
About the bank
Indian Overseas Bank serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Nad Junction branch in Visakhapatnam, Andhra Pradesh is part of this network and uses the IFSC code IOBA0001939 for all electronic settlement.
Nad Junction branch overview
Located at 58 1 23 BY 1 MARRIPALEM ROAD,GROUND FLOOR NEAR NAD JUNCTION VISAKHAPATNAM PIN 530009, the Nad Junction branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC IOBA0001939 is required for all interbank electronic transfers routed through this branch.
Branch details at a glance
| Bank Name | Indian Overseas Bank |
|---|---|
| Branch | Nad Junction |
| IFSC Code | IOBA0001939 |
| MICR Code | Refer to cheque leaf |
| Branch Address | 58 1 23 BY 1 MARRIPALEM ROAD,GROUND FLOOR NEAR NAD JUNCTION VISAKHAPATNAM PIN 530009 |
| City | Visakhapatnam |
| District | Vishakhapatnam |
| State | Andhra Pradesh |
| Phone | 2701588 |
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 NAD JUNCTION of Indian Overseas Bank — its own 11-character IFSC. The code IOBA0001939 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 IOBA0001939 the same way you would treat your account number — verify it once and save it carefully for future use.
MICR & cheque-truncation details
Cheques drawn on the Nad Junction branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC IOBA0001939 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
How to transfer money using IFSC IOBA0001939
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 IOBA0001939 across all three.
How to use IFSC IOBA0001939 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Indian Overseas Bank's NAD JUNCTION 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 IOBA0001939.
- Confirm the bank name auto-populates as Indian Overseas Bank and the branch as NAD JUNCTION.
- Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.
RTGS transfers via IFSC IOBA0001939
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 – NAD JUNCTION, ensure your bank's portal accepts IFSC IOBA0001939 while registering the beneficiary. RTGS is also available 24x7.
Send money instantly through IMPS
For a real-time, anytime transfer to Indian Overseas Bank – NAD JUNCTION, use IMPS. With IFSC IOBA0001939 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 IOBA0001939 for Indian Overseas Bank – NAD JUNCTION, 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 – IOBA0001939 | Yes – IOBA0001939 | Yes – IOBA0001939 |
For most retail customers crediting the Nad Junction 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 NAD JUNCTION branch, the IFSC IOBA0001939 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 Nad Junction branch is mapped to IFSC IOBA0001939 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 IOBA0001939.
Products and services
Customers walking into the Nad Junction 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 IOBA0001939
Digital banking channels
Most day-to-day work that customers used to do at the Nad Junction 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 IOBA0001939 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.
How to reach the Nad Junction branch
The branch is located at 58 1 23 BY 1 MARRIPALEM ROAD,GROUND FLOOR NEAR NAD JUNCTION VISAKHAPATNAM PIN 530009, which puts it inside Visakhapatnam, the broader Vishakhapatnam district, and the state of Andhra Pradesh. To plan your visit:
- Open Google Maps on your phone and search for “Indian Overseas Bank Nad Junction branch” — the verified location pin for IFSC IOBA0001939 should appear at the top of the results.
- Confirm the branch is open by calling 2701588 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 IOBA0001939 and your account number.
Common mistakes to avoid when using IFSC IOBA0001939
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 – NAD JUNCTION, 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:
IOBA0001939. - 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.
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 Nad Junction branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC IOBA0001939, however, work 24x7.
Verifying IFSC IOBA0001939 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 IOBA0001939 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 2701588.
- Visiting the bank's official branch locator page.
Branch address & contact
Indian Overseas BankNad Junction Branch
58 1 23 BY 1 MARRIPALEM ROAD,GROUND FLOOR NEAR NAD JUNCTION VISAKHAPATNAM PIN 530009
Visakhapatnam, Andhra Pradesh
Phone: 2701588
IFSC: IOBA0001939
Frequently asked questions
Is IFSC IOBA0001939 valid for NEFT and RTGS?
Yes. IFSC IOBA0001939 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Does Indian Overseas Bank Nad Junction branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 2701588 to confirm.
Where is Indian Overseas Bank Nad Junction branch located?
Indian Overseas Bank's Nad Junction branch is located at 58 1 23 BY 1 MARRIPALEM ROAD,GROUND FLOOR NEAR NAD JUNCTION VISAKHAPATNAM PIN 530009, Visakhapatnam, Andhra Pradesh.
How do I add Indian Overseas Bank Nad Junction as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC IOBA0001939, and complete OTP verification. Once activated, you can transfer funds at any time.
How quickly will an NEFT transfer using IOBA0001939 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Indian Overseas Bank – Nad Junction reflect within 30 minutes.
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 Nad Junction branch but serve different purposes.
What is the phone number of Indian Overseas Bank Nad Junction branch?
You can reach the branch at 2701588 during regular banking hours.
Summary
The IFSC code IOBA0001939 belongs to Indian Overseas Bank's NAD JUNCTION branch, located at 58 1 23 BY 1 MARRIPALEM ROAD,GROUND FLOOR NEAR NAD JUNCTION VISAKHAPATNAM PIN… in VISAKHAPATNAM, ANDHRA 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.
