Indian Overseas Bank
GARAG Branch, DHARWAD
11-Character IFSC Anatomy Breakdown
Complete Branch Details
Electronic Transfer Capabilities & Limits
Available 24x7
Half-hourly batch clearance
Min. ₹2 Lakh
Real-time gross settlement
Instant Transfer
Up to ₹5 Lakh limit
1-Tap VPA
GPay, PhonePe, Paytm
How to Transfer Money to this Branch
- Log in to your mobile banking app or Internet Banking portal (SBI, HDFC, ICICI, etc.).
- Navigate to Fund Transfer → Add Beneficiary / Payee.
- Enter the recipient's Account Number and paste IFSC code IOBA0000308.
- Confirm bank name displays as Indian Overseas Bank and branch as GARAG.
- Select payment mode (IMPS for instant <₹5L, or RTGS for >₹2L) and authenticate with OTP/MPIN.
Frequently Asked Questions (IOBA0000308)
What is the IFSC code of Indian Overseas Bank GARAG branch? ↓
The verified 11-digit IFSC code is IOBA0000308. This unique alphanumeric code is used for routing electronic fund transfers via NEFT, RTGS, IMPS, and clearing networks across India.
Can I transfer money on Sundays and bank holidays using this IFSC code? ↓
Yes! Under Reserve Bank of India (RBI) directives, NEFT, RTGS, IMPS, and UPI operate 24x7x365, including Sundays, second/fourth Saturdays, and public holidays. Electronic transfers will be processed automatically without branch intervention.
What is the MICR code of Indian Overseas Bank GARAG? ↓
The 9-digit Magnetic Ink Character Recognition (MICR) code is 580020502. It is printed on cheque leaves for high-speed automated sorting at RBI clearing houses.
Where is the branch located? ↓
The official branch address is MATHRU CHAYA MAIN ROAD GARAG, PIN 581105, located in GARAG district, KARNATAKA.
Other Indian Overseas Bank Branches in GARAG
HUBLI Branch
DHARWAD, KARNATAKA
IOBA0000877TUMARIKOPPA Branch
DHARWAD, KARNATAKA
IOBA0001053DHARWAD Branch
DHARWAD, KARNATAKA
IOBA0001771DHARWADJUBILEE CIRCLE Branch
DHARWAD, KARNATAKA
IOBA0002652MUMMIGATTI Branch
DHARWAD, KARNATAKA
IOBA0002654KALGHATGI Branch
DHARWAD, KARNATAKA
IOBA0003577NAVANAGAR Branch
DHARWAD, KARNATAKA