The experiment was laid out in a Factorial Completely Randomizes Design, comprising twelve treatment combinations of two levels of moisture (S1 : Aerobic and S2 : Submerged), two varieties (V1 : GNR-2 and V2 : GNR-4) and three levels of iron (F0 : 0 kg/ha FeSO4.7H2O,F1 : 25 kg/ha FeSO4.7H2O and F2 : 50 kg/ha FeSO4.7H2O) which were repeated three times. The results indicated that among the growth and yield attributes, submerged condition (S2), variety V1 (GNR-2) and iron level F1 (25 kg/ha FeSO4.7H2O) recorded significantly higher plant height, panicle length, number of tillers/plant, number of grains/panicle and test weight and grain and straw yield of rice except effect of variety on number of grains/panicle. The magnitudes of increase in grain and straw yield were 7.38 and 9.41, 7.38 and 8.27 and 19.2 and 12.9 per cent under submerged condition over aerobic, variety V1 over variety V2 and iron level F1 over F0 level, respectively. Among different combinations, S2V1 recorded maximum yield of grain and straw, S2F1 recorded maximum yield of grain and S2F2 recorded maximum yield of straw. Iron content in brown rice was significantly affected and recorded 2.04, 53.61 and 4.11 per cent more Fe content under submerged condition over aerobic, variety V2 over variety V1 and iron level F1 over F0 level, respectively. In case of nutrient content, significant effect of submergence and Fe level on P, Fe and Zn content and varietal effect on P and Fe content in grain while only submergence and Fe level on P and Fe content in straw were observed. As far as uptake of the nutrients under study were concerned, significantly higher uptake of N, P, K and Fe in submerged condition (S2), N and K by variety V1 and Zn by variety V2 and P, K and Fe by F1 and N by F2 were observed. Significant increase EC, available P2O5 and DTPA-Fe under submergence and DTPA-Zn under aerobic condition were noted while decrease in available P2O5 and increase in DTPA-Fe was observed with raising Fe levels.