Baharampur is located in the Murshidabad district of the Indian state of West Bengal. About 200 kilometers away from the state capital of Kolkata, Baharampur functions as the administrative headquarters of the district. Berhampore was captured by the British East India Company, soon after the Battle of Plassey in 1757, and it continued to be a British cantonment till 1870. Initially, most of the residents of Baharampur were government employees besides a few employed in agriculture and silk traders. Gradually, the importance of Baharampur increased and now it has become a business hub. Tourism contributes to the citys economy due to its historical importance. The major industries in this city are rice and oil-seed milling. Many home-crafts such as silk weaving, ivory carving and precious metal works are important industries in this city. The Murshidabad tassar silk of Baharampur is famous in Bengal. Khagra, a neighborhood in Bahrampur is notable for its manufacture of bell-metal, brass utensils, ivory crafts and wood carvings. There are many shopping destinations in this city which has developed enough to provide its 3 lakh residents with all modern amenities. The city is famous for the sweets manohara and chhanabora, the savory snacks called khaja. The places worth visiting in Baharampur are Nashipur Palace, Hajarduari palace, Kathgola Palace, Jafarganj Cemetery, etc.
In 1964 the head office of Indian Overseas Bank was inaugurated at Mount Road. The Indian Overseas Bank has been the first public sector bank to introduce mobile banking services using Wireless Application Protocol(WAP). On 29 August 2003, the Indian Overseas Bank has opened an extension counter at Bambalapitiya, Ceylon. In 2005, the IOB began a representative office in Guangzhou; China followed which the bank opened another representative office in Kuala Lumpur and Dubai, UAE. In 2007 The bank took over Bharat Overseas Bank. After three years, Malaysia granted a commercial banking license to a local bank jointly owned by Bank Of Baroda, Indian Overseas Bank, and the Andhra Bank. The new bank named, India International Bank (IIB Malaysia), began its operations in 2012 in Kuala Lumpur and had a large population of Indians. The Andhra Bank has a 25% stake in its joint-venture, BOB owns 40%, and remaining 35% is with IOB. On 31 August 2013, the Indian Overseas Bank has incorporated an offshore banking unit in Colombo, Sri Lanka. The bank also converted its existing Extension Counter at Ceylon into a full-fledged branch. In 2014-15, the IOB bank has crossed the target of 3000 ATMs as on 2014.IOB also launched m passbook app as a new mobile banking initiative.