IOBA0GB4042

ODISHA GRAMEEN BANK – OLAVARA
ओडिशा ग्रामीण बैंक – OLAVARA शाखा

OLAVARA, Rajkanika, ODISHA

📢
Bank Update Notice:

Odisha Grameen Bank was established since 1st May 2025 with the amalgamation of Odisha Gramya Bank and Utkal Grameen Bank as per Government of India

ଭାରତ ସରକାରଙ୍କ ଅଧିସୂଚନା ଅନୁସାରେ ଓଡିଶା ଗ୍ରାମ୍ୟ ବ୍ୟାଙ୍କ ଓ ଉତ୍କଳ ଗ୍ରାମୀଣ ବ୍ୟାଙ୍କଙ୍କ ଏକୀକରଣ ଫଳରେ ୧ ମଇ ୨୦୨୫ ଠାରୁ ଓଡିଶା ଗ୍ରାମୀଣ ବ୍ୟାଙ୍କ ସ୍ଥାପିତ ହୋଇଛି।

Branch Details & IFSC
IFSC Code / आईएफएससी कोड
IOBA0GB4042
Bank NameODISHA GRAMEEN BANK
BranchOLAVARA
AddressRajkanika
City / DistrictOLAVARA, Rajkanika
StateODISHA
MICR CodeTRUE
Services
✓ NEFT ✓ RTGS ✓ IMPS
✅ Use IOBA0GB4042 for NEFT, RTGS & IMPS transfers.
IFSC Code Breakdown
IOBA
Bank Code
0
Control
GB4042
Branch Code

The first 4 characters (IOBA) represent ODISHA GRAMEEN BANK. The 5th character is always zero (0). The last 6 characters (GB4042) uniquely identify the OLAVARA branch.

Branch Quick Facts
  • Bank Type: Regional Rural Bank (RRB)
  • State: ODISHA
  • District: Rajkanika
  • NEFT: ✅ Supported
  • RTGS: ✅ Supported
  • IMPS: ✅ Supported
Transfer Tips
✅ This branch supports RTGS for large transactions (above ₹2 Lakhs).
✅ MICR code TRUE is available for cheque clearing at this branch.
📞 Contact this branch directly at [email protected].

About IOBA0GB4042 — ODISHA GRAMEEN BANK IFSC Code

What is the IFSC code for ODISHA GRAMEEN BANK OLAVARA?
The IFSC code for the OLAVARA branch of ODISHA GRAMEEN BANK is IOBA0GB4042. This 11-digit alphanumeric code is assigned by the Reserve Bank of India (RBI) and is absolutely mandatory for conducting online electronic fund transfers via NEFT, RTGS, and IMPS systems.

To ensure a successful bank transfer, verify that the IFSC code exactly matches IOBA0GB4042 and the recipient's bank account is located at the OLAVARA, ODISHA branch.

हिंदी विवरण: IOBA0GB4042 यह ODISHA GRAMEEN BANK की OLAVARA शाखा का आधिकारिक IFSC कोड है। ऑनलाइन पैसे ट्रांसफर (NEFT, RTGS, IMPS) करने के लिए इस कोड का उपयोग करें।

How to Transfer Money to OLAVARA Branch

  1. Open your bank's net banking portal or mobile UPI app (like GPay, PhonePe, Paytm).
  2. Select Bank Transfer or NEFT / RTGS / IMPS.
  3. Enter the exact IFSC code: IOBA0GB4042
  4. Enter the recipient's account number maintained at the OLAVARA branch.
  5. Verify the recipient name and confirm the transfer. The money will be routed to ODISHA GRAMEEN BANK in OLAVARA, ODISHA.
Frequently Asked Questions
What is the IFSC code for ODISHA GRAMEEN BANK OLAVARA? +
The IFSC code for ODISHA GRAMEEN BANK OLAVARA is IOBA0GB4042. This 11-character code is assigned by the RBI and is mandatory for all electronic fund transfers (NEFT, RTGS, IMPS).
Where is the OLAVARA branch of ODISHA GRAMEEN BANK located? +
The OLAVARA branch is located at: Rajkanika, OLAVARA, Rajkanika, ODISHA.
Can I use IOBA0GB4042 for IMPS and NEFT? +
Yes, IOBA0GB4042 is valid for NEFT, RTGS, and IMPS fund transfers to this branch.
What is the MICR code for this branch? +
The MICR code for the OLAVARA branch is TRUE. MICR is used primarily for cheque clearing.