Branch Details — IOBA0001998
| Bank Name | Indian Overseas Bank |
| Branch Name | Asset Recovery Management |
| IFSC Code | IOBA0001998 |
| MICR Code | Not allotted |
| Bank Code (RBI) | IOBA |
| Branch Code | 001998 |
| Address | 5TH FLOOR,MAKER TOWER E WING,CUFFE PARADE,MUMBAI -400005 |
| City | Mumbai |
| District | Mumbai |
| State | Maharashtra |
| Contact | +912222174175 |
| Toll Free | 1800-425-4445 |
| NEFT | ✓ Enabled — 24×7 |
| RTGS | ✓ Enabled — 24×7 |
| IMPS | ✓ Enabled — 24×7 |
| UPI | ✓ Enabled |
Transfer Methods Using IOBA0001998
NEFT
Available 24×7 including holidays. Settled in 30-minute batches. No minimum. Use IFSC IOBA0001998.
RTGS
Available 24×7. Minimum ₹2 lakh. Real-time gross settlement. Use IFSC IOBA0001998.
IMPS
Instant 24×7, 365 days. Up to ₹5 lakh per transaction.
Frequently Asked Questions
The IFSC code is IOBA0001998. This 11-character RBI-assigned code is required for NEFT, RTGS and IMPS transfers to accounts at Indian Overseas Bank Asset Recovery Management branch, Mumbai, Maharashtra.
This branch has not been allotted an MICR code in RBI records.
Address: 5TH FLOOR,MAKER TOWER E WING,CUFFE PARADE,MUMBAI -400005. Branch timings: Monday–Friday 9:30 AM – 3:30 PM, Saturday 9:30 AM – 1:30 PM (closed 2nd/4th Saturdays).
IOBA identifies Indian Overseas Bank. The 5th character 0 is reserved by RBI. The last 6 characters 001998 identify the Asset Recovery Management branch.
Yes. Indian Overseas Bank Asset Recovery Management Branch (IFSC: IOBA0001998) is fully enabled for NEFT, RTGS, IMPS, UPI, available 24×7 including weekends and holidays.
Log in to your bank's net banking or mobile app → Fund Transfer → Add Beneficiary → enter account number and IFSC IOBA0001998 → select NEFT/RTGS/IMPS → confirm with OTP.