This page lists the IFSC code, branch address, contact number and fund-transfer information for Indian Overseas Bank, SPECIALISED ARM BRANCH branch in ERNAKULAM. The 11-digit IFSC IOBA0002589 uniquely identifies this branch in the RBI's centralised payments network and is required for every NEFT, RTGS or IMPS transaction routed to this branch. If you are paying somebody who banks with Indian Overseas Bank at the SPECIALISED ARM BRANCH location, this is the only IFSC you need.
We have organised this page into clearly labelled sections so you can jump straight to the part that interests you — the IFSC and MICR details, the full postal address, the contact phone number, a quick primer on NEFT, RTGS and IMPS, the typical product line-up at the branch, and a frequently asked questions section that addresses the queries people raise most often about this branch.
The Indian Financial System Code, popularly known as IFSC, is an 11-digit alphanumeric code that the RBI assigns to every bank branch participating in online interbank settlement. Without this code, an electronic transfer simply cannot reach its destination branch.
The IFSC for Indian Overseas Bank – SPECIALISED ARM BRANCH is IOBA0002589. The first four letters IOBA are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 002589 map to this branch in ERNAKULAM, KERALA.
Branch details at a glance
| Bank Name | Indian Overseas Bank |
|---|---|
| Branch | Specialised Arm Branch |
| IFSC Code | IOBA0002589 |
| MICR Code | Refer to cheque leaf |
| Branch Address | IOB BUILDING,NEAR KAVITA THEATER,M.G.ROAD,ERNAKULAM,682035 |
| City | Ernakulam |
| District | Ernakulam |
| State | Kerala |
| STD Code | 484 |
| Phone | 2360944 |
About the bank
Indian Overseas Bank serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Specialised Arm Branch branch in Ernakulam, Kerala is part of this network and uses the IFSC code IOBA0002589 for all electronic settlement.
About the Specialised Arm Branch branch
The Specialised Arm Branch branch of Indian Overseas Bank is situated at IOB BUILDING,NEAR KAVITA THEATER,M.G.ROAD,ERNAKULAM,682035. Customers visiting this branch can complete cash deposits, withdrawals, demand draft requests, cheque clearing, passbook updates and KYC formalities. For online transactions to or from this branch, the IFSC code IOBA0002589 is used.
Why every Indian Overseas 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 SPECIALISED ARM BRANCH of Indian Overseas Bank — its own 11-character IFSC. The code IOBA0002589 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 IOBA0002589 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 IOBA0002589
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 IOBA0002589 across all three.
How to use IFSC IOBA0002589 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Indian Overseas Bank's SPECIALISED ARM 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).
- Log in to your internet banking or mobile banking app.
- Choose Add Beneficiary and select NEFT / Other Bank.
- Enter the beneficiary name, account number and the IFSC IOBA0002589.
- Confirm the bank name auto-populates as Indian Overseas Bank and the branch as SPECIALISED ARM BRANCH.
- Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.
RTGS transfers via IFSC IOBA0002589
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 Indian Overseas Bank – SPECIALISED ARM BRANCH, ensure your bank's portal accepts IFSC IOBA0002589 while registering the beneficiary. RTGS is also available 24x7.
IMPS to Indian Overseas Bank SPECIALISED ARM BRANCH (IFSC IOBA0002589)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC IOBA0002589 in your mobile or internet banking app, and the money is credited to the SPECIALISED ARM BRANCH branch account within seconds.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC IOBA0002589 for Indian Overseas Bank – SPECIALISED ARM 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.
| Parameter | NEFT | RTGS | IMPS |
|---|---|---|---|
| Minimum amount | ₹1 | ₹2,00,000 | ₹1 |
| Maximum amount | No RBI cap | No RBI cap | ₹5,00,000 |
| Settlement | Half-hourly batches | Real-time | Real-time |
| Availability | 24x7 | 24x7 | 24x7 |
| Best for | Routine transfers | High-value transfers | Urgent small / mid transfers |
| IFSC required | Yes – IOBA0002589 | Yes – IOBA0002589 | Yes – IOBA0002589 |
For most retail customers crediting the Specialised Arm 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.
UPI payments and IFSC IOBA0002589
UPI (Unified Payments Interface) has become the default way for individuals to send money in India. While most UPI transactions are addressed using a Virtual Payment Address (VPA) like name@bank, the underlying account at Indian Overseas Bank – SPECIALISED ARM BRANCH is still mapped to IFSC IOBA0002589. When a customer links a savings or current account to a UPI app for the first time, the app silently looks up this IFSC against the account number to verify the account exists. The VPA acts as a friendly alias on top of the same plumbing.
If a UPI transfer to or from this branch fails, the most common reasons are an inactive UPI handle, a daily limit breach or a temporary outage at one of the participating banks — not the IFSC. You can always fall back to NEFT or IMPS using the IFSC IOBA0002589 and the beneficiary's account number to complete the transfer.
Products and account variants supported
Every account opened at the Specialised Arm Branch branch is mapped to IFSC IOBA0002589 on the RBI payments network. The branch generally supports the full retail product catalogue of Indian Overseas Bank, including:
- Resident savings accounts and salary accounts
- Current accounts for businesses and professionals
- Fixed deposits, recurring deposits and tax-saver deposits
- Demand drafts, banker's cheques and pay orders
- Retail loans — personal, vehicle, education, gold and home
- Credit cards and overdraft facilities (subject to eligibility)
- Third-party investment products such as mutual funds and insurance (through tie-ups)
Whichever product you choose, the IFSC for incoming credits remains IOBA0002589.
Banking services available
The Specialised Arm Branch branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 484-2360944.
- 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 IOBA0002589
MICR & cheque-truncation details
Cheques drawn on the Specialised Arm Branch branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC IOBA0002589 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
Digital banking channels
Most day-to-day work that customers used to do at the Specialised Arm 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 IOBA0002589 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 Indian Overseas Bank – SPECIALISED ARM BRANCH:
- The IFSC is exactly IOBA0002589 with no extra spaces.
- The beneficiary's account number matches what they shared, digit for digit.
- The portal auto-fills Indian Overseas Bank as the bank name and SPECIALISED ARM 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.
Reaching the branch
The Specialised Arm Branch branch sits at IOB BUILDING,NEAR KAVITA THEATER,M.G.ROAD,ERNAKULAM,682035. If you are travelling from outside Ernakulam, search for the branch on a maps application using the bank name and locality, or call 484-2360944 to ask for landmarks. Many customers find it easier to skip the trip altogether: net banking, mobile apps, NEFT, RTGS, IMPS and UPI all work using the IFSC IOBA0002589 and your account number.
Verifying IFSC IOBA0002589 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 IOBA0002589 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 484-2360944.
- 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 Specialised Arm Branch branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC IOBA0002589, however, work 24x7.
Branch address & contact
Indian Overseas BankSpecialised Arm Branch Branch
IOB BUILDING,NEAR KAVITA THEATER,M.G.ROAD,ERNAKULAM,682035
Ernakulam, Kerala
Phone: 484-2360944
IFSC: IOBA0002589
Frequently asked questions
How quickly will an NEFT transfer using IOBA0002589 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Indian Overseas Bank – Specialised Arm Branch reflect within 30 minutes.
Does Indian Overseas Bank Specialised Arm Branch branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 484-2360944 to confirm.
What is the difference between IFSC and MICR code?
IFSC is an 11-character alphanumeric code used for online transfers, while MICR is a 9-digit numeric code printed on cheques and used by cheque-clearing machines. Both identify the Specialised Arm Branch branch but serve different purposes.
Is IFSC IOBA0002589 the same for all accounts at Specialised Arm Branch branch?
Yes. The IFSC IOBA0002589 is shared by every account held at Indian Overseas Bank's Specialised Arm Branch branch. Only the account number changes from customer to customer.
Can I use IFSC IOBA0002589 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC IOBA0002589 to send funds instantly.
What is the IFSC code of Indian Overseas Bank Specialised Arm Branch branch?
The IFSC code of Indian Overseas Bank, Specialised Arm Branch branch is IOBA0002589. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
Where is Indian Overseas Bank Specialised Arm Branch branch located?
Indian Overseas Bank's Specialised Arm Branch branch is located at IOB BUILDING,NEAR KAVITA THEATER,M.G.ROAD,ERNAKULAM,682035, Ernakulam, Kerala.
What is the phone number of Indian Overseas Bank Specialised Arm Branch branch?
You can reach the branch at 484-2360944 during regular banking hours.
Summary
The IFSC code IOBA0002589 belongs to Indian Overseas Bank's SPECIALISED ARM BRANCH branch, located at IOB BUILDING,NEAR KAVITA THEATER,M.G.ROAD,ERNAKULAM,682035 in ERNAKULAM, KERALA. Use this code along with the beneficiary's account number for any NEFT, RTGS or IMPS transfer to this branch. Bookmark this page for quick reference whenever you need the branch's banking details.
