Below are the complete branch details for Indian Overseas Bank, MUMBAI branch, located in MUMBAI, MAHARASHTRA. The IFSC assigned by the Reserve Bank of India to this branch is IOBA0000089. Whether you want to transfer money, add a beneficiary, verify a cheque or simply confirm the branch address, you will find authentic, up-to-date information on this page that has been cross-checked against the bank's branch directory and the RBI's master list of participants in the National Electronic Funds Transfer system.
The IFSC code is one of the most frequently asked-for pieces of information when somebody wants to send you money or set up a recurring credit such as a salary, EMI auto-debit or supplier payment. Knowing exactly which IFSC belongs to your branch — in this case IOBA0000089 for Indian Overseas Bank – MUMBAI — saves you from rejected transfers, returned credits and the back-and-forth that follows them.
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 – MUMBAI is IOBA0000089. The first four letters IOBA are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 000089 map to this branch in MUMBAI, MAHARASHTRA.
Bank profile
Indian Overseas Bank is among the recognised banks listed on the Reserve Bank of India's payments network. The Mumbai branch — IFSC IOBA0000089 — extends the bank's services to customers in and around Mumbai, Maharashtra.
About the Mumbai branch
The Mumbai branch of Indian Overseas Bank is situated at ARJUNA TOWERS, GOKHALE ROAD, THANE WEST, NAUPADA, THANE TALUK 400602. 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 IOBA0000089 is used.
Branch details at a glance
| Bank Name | Indian Overseas Bank |
|---|---|
| Branch | Mumbai |
| IFSC Code | IOBA0000089 |
| MICR Code | Refer to cheque leaf |
| Branch Address | ARJUNA TOWERS, GOKHALE ROAD, THANE WEST, NAUPADA, THANE TALUK 400602 |
| City | Mumbai |
| District | Thane |
| State | Maharashtra |
| STD Code | 22 |
| Phone | 25384031 |
The role of IFSC in India's payments network
India's electronic payment infrastructure — NEFT, RTGS, IMPS, UPI and the National Automated Clearing House (NACH) — is built on a single principle: every participating bank branch must be uniquely identifiable by an alphanumeric code. The Reserve Bank of India introduced the IFSC system to fulfil this requirement, and that is how Indian Overseas Bank's MUMBAI branch came to be assigned the code IOBA0000089.
Whether you are receiving a salary on the first of the month, paying a vendor invoice, settling an EMI, or accepting a refund from an e-commerce platform, the IFSC is the silent piece of metadata that tells the network where your account lives. Without IFSC IOBA0000089, money simply cannot be routed to the MUMBAI branch electronically.
MICR code & cheque clearing
Apart from IFSC, every cheque book issued by Indian Overseas Bank carries a 9-digit MICR (Magnetic Ink Character Recognition) code that is read by cheque-sorting machines. The MICR code, the IFSC IOBA0000089 and the account number together uniquely identify the Mumbai branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
How to transfer money using IFSC IOBA0000089
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 IOBA0000089 across all three.
How to use IFSC IOBA0000089 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Indian Overseas Bank's MUMBAI 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 IOBA0000089.
- Confirm the bank name auto-populates as Indian Overseas Bank and the branch as MUMBAI.
- Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.
Real-Time Gross Settlement to MUMBAI
If you need to transfer ₹2 lakh or more in one go to an account at Indian Overseas Bank's MUMBAI branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC IOBA0000089 while initiating the transfer and the credit will appear within minutes.
Send money instantly through IMPS
For a real-time, anytime transfer to Indian Overseas Bank – MUMBAI, use IMPS. With IFSC IOBA0000089 and the beneficiary's account number you can move up to ₹5 lakh per transaction with instant credit, any day of the year.
Comparing NEFT, RTGS and IMPS for transfers to Mumbai
The right transfer rail depends on how urgent the payment is, how large it is, and whether the receiving bank participates in the chosen scheme. Every option below works with the IFSC IOBA0000089:
- NEFT — best for everyday transfers of any amount; settles in half-hourly batches around the clock.
- RTGS — best for transfers of ₹2 lakh and above; settles each transaction individually in real time.
- IMPS — best when speed matters more than batch scheduling; instant credit up to ₹5 lakh.
- UPI — best for small peer-to-peer payments using a VPA; the underlying account at MUMBAI is still linked to IFSC IOBA0000089.
For salary credits, vendor payouts and refunds, employers and merchants usually default to NEFT because of its zero per-transaction cost for retail customers and its 24x7 availability.
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 Indian Overseas Bank's MUMBAI branch, the IFSC IOBA0000089 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.
Products and account variants supported
Every account opened at the Mumbai branch is mapped to IFSC IOBA0000089 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 IOBA0000089.
Banking services available
The Mumbai branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 22-25384031.
- 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 IOBA0000089
Digital banking channels
Most day-to-day work that customers used to do at the Mumbai 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 IOBA0000089 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.
How to reach the Mumbai branch
The branch is located at ARJUNA TOWERS, GOKHALE ROAD, THANE WEST, NAUPADA, THANE TALUK 400602, which puts it inside Mumbai, the broader Thane district, and the state of Maharashtra. To plan your visit:
- Open Google Maps on your phone and search for “Indian Overseas Bank Mumbai branch” — the verified location pin for IFSC IOBA0000089 should appear at the top of the results.
- Confirm the branch is open by calling 22-25384031 before stepping out, especially around public holidays.
- 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 IOBA0000089 and your account number.
Common mistakes to avoid when using IFSC IOBA0000089
An incorrect IFSC almost always results in a failed transfer or, worse, a credit to the wrong branch. Before you click Confirm on a transfer to Indian Overseas Bank – MUMBAI, double-check for these issues:
- Confusing 0 with O. The fifth character of every IFSC is the digit
0, not the letter O. Read carefully. - Spaces or hyphens. Do not put spaces in the IFSC. It is exactly 11 characters:
IOBA0000089. - Wrong branch. A bank can have dozens of branches in the same city. Make sure you are using the IFSC for the actual branch where the beneficiary holds the account, not just any nearby branch.
- Old IFSC after a merger. If two banks have merged, the IFSC may have been reissued. Always verify with a recent passbook or cheque leaf.
- Copy-paste from chat. Auto-correct on phones can silently change letters in IFSC codes. Type carefully or copy from a trusted source like the cheque book.
Working hours
Branch counters at Mumbai are usually open from 10 AM to 4 PM on weekdays. Saturdays follow the RBI's alternate-Saturday rule. Even when the branch is closed, NEFT, RTGS, IMPS and UPI transfers addressed to IOBA0000089 continue to work without interruption.
Verifying IFSC IOBA0000089 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 IOBA0000089 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 22-25384031.
- Visiting the bank's official branch locator page.
Branch address & contact
Indian Overseas BankMumbai Branch
ARJUNA TOWERS, GOKHALE ROAD, THANE WEST, NAUPADA, THANE TALUK 400602
Mumbai, Maharashtra
Phone: 22-25384031
IFSC: IOBA0000089
Frequently asked questions
How quickly will an NEFT transfer using IOBA0000089 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Indian Overseas Bank – Mumbai reflect within 30 minutes.
How do I add Indian Overseas Bank Mumbai as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC IOBA0000089, and complete OTP verification. Once activated, you can transfer funds at any time.
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 Mumbai branch but serve different purposes.
What is the IFSC code of Indian Overseas Bank Mumbai branch?
The IFSC code of Indian Overseas Bank, Mumbai branch is IOBA0000089. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
Where is Indian Overseas Bank Mumbai branch located?
Indian Overseas Bank's Mumbai branch is located at ARJUNA TOWERS, GOKHALE ROAD, THANE WEST, NAUPADA, THANE TALUK 400602, Mumbai, Maharashtra.
Does Indian Overseas Bank Mumbai branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 22-25384031 to confirm.
Is IFSC IOBA0000089 valid for NEFT and RTGS?
Yes. IFSC IOBA0000089 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Is IFSC IOBA0000089 the same for all accounts at Mumbai branch?
Yes. The IFSC IOBA0000089 is shared by every account held at Indian Overseas Bank's Mumbai branch. Only the account number changes from customer to customer.
Summary
The IFSC code IOBA0000089 belongs to Indian Overseas Bank's MUMBAI branch, located at ARJUNA TOWERS, GOKHALE ROAD, THANE WEST, NAUPADA, THANE TALUK 400602 in MUMBAI, MAHARASHTRA. 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.
