Indian Overseas Bank Logo
Verified Branch

Indian Overseas Bank

MANGALORE M G ROAD Branch, DAKSHIN KANNAD

IFSC Code
IOBA0002989
Required for NEFT, RTGS, IMPS money transfers
MICR Code
575020015
Used in magnetic paper cheque clearing

11-Character IFSC Anatomy Breakdown

IOBA Bank Code (1-4)
0 Control Zero (5th)
002989 Branch Code (6-11)

Complete Branch Details

Full Address KAYAR MANJ BUILDING M.G.ROAD MANGALORE 575 003
State KARNATAKA
District / City MANGALORE
Centre / Region MANGALORE
Contact / Helpline +914428584896
Share WhatsApp View on Map

Electronic Transfer Capabilities & Limits

NEFT

Available 24x7

Half-hourly batch clearance

RTGS

Min. ₹2 Lakh

Real-time gross settlement

IMPS

Instant Transfer

Up to ₹5 Lakh limit

UPI / QR

1-Tap VPA

GPay, PhonePe, Paytm

How to Transfer Money to this Branch

  1. Log in to your mobile banking app or Internet Banking portal (SBI, HDFC, ICICI, etc.).
  2. Navigate to Fund Transfer → Add Beneficiary / Payee.
  3. Enter the recipient's Account Number and paste IFSC code IOBA0002989.
  4. Confirm bank name displays as Indian Overseas Bank and branch as MANGALORE M G ROAD.
  5. Select payment mode (IMPS for instant <₹5L, or RTGS for >₹2L) and authenticate with OTP/MPIN.

Frequently Asked Questions (IOBA0002989)

What is the IFSC code of Indian Overseas Bank MANGALORE M G ROAD branch?

The verified 11-digit IFSC code is IOBA0002989. This unique alphanumeric code is used for routing electronic fund transfers via NEFT, RTGS, IMPS, and clearing networks across India.

Can I transfer money on Sundays and bank holidays using this IFSC code?

Yes! Under Reserve Bank of India (RBI) directives, NEFT, RTGS, IMPS, and UPI operate 24x7x365, including Sundays, second/fourth Saturdays, and public holidays. Electronic transfers will be processed automatically without branch intervention.

What is the MICR code of Indian Overseas Bank MANGALORE M G ROAD?

The 9-digit Magnetic Ink Character Recognition (MICR) code is 575020015. It is printed on cheque leaves for high-speed automated sorting at RBI clearing houses.

Where is the branch located?

The official branch address is KAYAR MANJ BUILDING M.G.ROAD MANGALORE 575 003, located in MANGALORE district, KARNATAKA.