IFSC Code of Deutsche Bank, Mumbai Options Branch Branch, Maharashtra

Use this page as a one-stop reference for everything related to Deutsche Bank's MUMBAI OPTIONS BRANCH branch in MUMBAI, MAHARASHTRA. The branch's IFSC code DEUT0784OPT 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 Deutsche Bank's MUMBAI OPTIONS BRANCH branch, the IFSC DEUT0784OPT breaks down as follows: DEUT identifies the bank, 0 is the reserved character, and 784OPT identifies this particular branch.

Branch details at a glance

About the bank

Deutsche Bank serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Mumbai Options Branch branch in Mumbai, Maharashtra is part of this network and uses the IFSC code DEUT0784OPT for all electronic settlement.

Mumbai Options Branch branch overview

Located at 222, KODAK HOUSE, DR. D.N. ROAD, FORT, MUMBAI - 400 001., the Mumbai Options Branch branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC DEUT0784OPT is required for all interbank electronic transfers routed through this branch.

Why every Deutsche 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 MUMBAI OPTIONS BRANCH of Deutsche Bank — its own 11-character IFSC. The code DEUT0784OPT 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 DEUT0784OPT the same way you would treat your account number — verify it once and save it carefully for future use.

How to transfer money using IFSC DEUT0784OPT

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 DEUT0784OPT across all three.

How to use IFSC DEUT0784OPT for an NEFT transfer

NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Deutsche Bank's MUMBAI OPTIONS BRANCH 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).

1. Log in to your internet banking or mobile banking app.
2. Choose Add Beneficiary and select NEFT / Other Bank.
3. Enter the beneficiary name, account number and the IFSC DEUT0784OPT.
4. Confirm the bank name auto-populates as Deutsche Bank and the branch as MUMBAI OPTIONS BRANCH.
5. Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.

RTGS transfers via IFSC DEUT0784OPT

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 Deutsche Bank – MUMBAI OPTIONS BRANCH, ensure your bank's portal accepts IFSC DEUT0784OPT while registering the beneficiary. RTGS is also available 24x7.

Send money instantly through IMPS

For a real-time, anytime transfer to Deutsche Bank – MUMBAI OPTIONS BRANCH, use IMPS. With IFSC DEUT0784OPT 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 DEUT0784OPT for Deutsche Bank – MUMBAI OPTIONS BRANCH, 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.

For most retail customers crediting the Mumbai Options Branch 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 Deutsche Bank's MUMBAI OPTIONS BRANCH branch, the IFSC DEUT0784OPT 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.

Account types you can open at the Mumbai Options Branch branch

Once you have an account at Deutsche Bank – MUMBAI OPTIONS BRANCH, the IFSC DEUT0784OPT stays the same regardless of the type of account you hold. The branch typically supports the following options:

• Savings account — for individuals, with chequebook, ATM card and net-banking access.
• Current account — for sole proprietors, partnerships and companies that need higher transaction volumes.
• Salary account — opened in bulk for corporate employees, often with zero-balance benefits.
• NRE / NRO accounts — for non-resident Indians who want to repatriate or maintain rupee balances in India.
• Fixed deposit and recurring deposit — term-based investment accounts with quarterly or cumulative interest.
• Senior citizen accounts — concessional minimum balance and a small interest rate premium on FDs.
• Minor and student accounts — operated jointly with a guardian until the customer turns 18.

Eligibility, minimum balance and KYC requirements vary by product. Speak to a relationship officer at the branch for the latest schedule of charges and interest rates.

Banking services available

The Mumbai Options Branch branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 0.

• Savings, current and salary accounts
• Fixed deposits and recurring deposits
• Personal, vehicle and home loans
• Demat and investment products (where supported)
• Internet banking and mobile banking enrolment
• Debit and credit card issuance
• Locker facilities (subject to availability)
• Foreign exchange services (at authorised branches)
• Bill payments, demand drafts and pay orders
• NEFT / RTGS / IMPS / UPI fund transfers using IFSC DEUT0784OPT

MICR code & cheque clearing

Apart from IFSC, every cheque book issued by Deutsche Bank carries a 9-digit MICR (Magnetic Ink Character Recognition) code that is read by cheque-sorting machines. The MICR code, the IFSC DEUT0784OPT and the account number together uniquely identify the Mumbai Options Branch branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.

Digital banking channels

Most day-to-day work that customers used to do at the Mumbai Options Branch 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 DEUT0784OPT 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.

Things to verify before sending money

Banking errors are usually small typos that snowball into delayed credits and customer-care follow-ups. Use this short checklist before you confirm any transfer to Deutsche Bank – MUMBAI OPTIONS BRANCH:

• The IFSC is exactly DEUT0784OPT with no extra spaces.
• The beneficiary's account number matches what they shared, digit for digit.
• The portal auto-fills Deutsche Bank as the bank name and MUMBAI OPTIONS BRANCH as the branch.
• The amount and the purpose of payment are correct.
• You have a valid OTP-verifying mobile number on hand.

A 30-second review here saves hours of reconciliation later.

How to reach the Mumbai Options Branch branch

The branch is located at 222, KODAK HOUSE, DR. D.N. ROAD, FORT, MUMBAI - 400 001., which puts it inside Mumbai, the broader Mumbai district, and the state of Maharashtra. To plan your visit:

1. Open Google Maps on your phone and search for “Deutsche Bank Mumbai Options Branch branch” — the verified location pin for IFSC DEUT0784OPT should appear at the top of the results.
2. Confirm the branch is open by calling 0 before stepping out, especially around public holidays.
3. 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 DEUT0784OPT and your account number.

Verifying IFSC DEUT0784OPT 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 DEUT0784OPT by:

• Looking at the cheque leaf – IFSC is printed near the MICR band.
• Opening the passbook's first page.
• Calling the branch directly on 0.
• Visiting the bank's official branch locator page.

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 Mumbai Options Branch branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC DEUT0784OPT, however, work 24x7.

Branch address & contact

Frequently asked questions

Final notes

To recap: DEUT0784OPT is the IFSC code of Deutsche Bank, MUMBAI OPTIONS BRANCH branch, in MUMBAI, MAHARASHTRA. It is required for every electronic transfer to an account held at this branch. We keep this page updated with the latest address and contact details, so you can rely on the information here for your day-to-day banking needs.