BHIM IOB UPI vs TMB MBank
Price, ratings, monetisation and update history for both apps, side by side — with what reviewers say about each.
BHIM IOB UPI
This app allows users to make and receive payments using a virtual payment address linked to their bank account. It supports balance inquiries, QR code payments, and managing payees and VPAs. Registration requires a registered mobile number and SIM card for device binding.
- Virtual Payment Address creation
- Send money and collection requests
- Balance inquiry for VPA linked accounts
- Manage payees and VPAs
- Pay by QR Code
- Generate QR codes
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Indian Overseas Bank unveils BHIM IOB UPI. Registered mobile number in the bank account to be entered by the customer. OTP will be sent to the customer for initial registration and device binding. The SIM card of the registered mobile number should be present on in-app the installed device to make any payments. Features include * Creation of Virtual Payment Address to link bank account which is used for making and receiving payment without additional bank account information * Send money and collection requests can be done by this application. * Balance inquiry can be checked for VPA linked bank accounts * Manage payee, VPA, Account can be avail * Pay by QR Code and QR code generation can be done * Refer a friend via Facebook, WhatsApp, Google+, Gmail, etc
TMB MBank
Manage your bank accounts, perform transactions, and open deposits 24/7 from your mobile device. The app allows you to monitor balances, transfer funds, pay bills, and manage your debit card with ease.
- Monitor account balances
- Perform money transfers
- Pay bills and recharge services
- Open and manage deposits
- Manage debit card settings
- Find nearest ATMs and branches
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Do your banking right from TMB MBank! Whenever.. Wherever.. Register TMB MBank instantly to bank 24/7, right from your iOS device. You can manage your accounts, open deposits, find ATMs and more. MONITOR YOUR ACCOUNT • View Your account balances • Download/email Account statement • View Your Loan and Deposit account balances • View your Inward/Outward Cheques Presented for today at your account • View your Cheque Status PERFORM TRANSACTIONS • Recharge your Mobile, DTH • Pay all your bills • Transfer money between TMB accounts • Make 24X7 Instant Payment through IMPS • Make Money Transfers through NEFT/RTGS DEPOSITS Now you can Open/Preclose your Favorite Deposits at ease of time! • Recurring Deposits • Fixed Deposits • Navarathnamala Deposits • Muthukuviyal Deposits • Tax Saving Deposits MANAGE DEBIT CARD • Enable/Disable Debit Card anytime • Set Limit for ATM/POS/eCom/Contactless CONTACT TMB • Find your nearest TMB branches, ATMs and eLobby centres • Contact Us details to Speak with our representative for any Clarifications • Feedback option to provide your Grievances/suggestions and much more. . . . .!
Screenshots
Verdict
The clearest difference is rating: TMB MBank at 4.0 against BHIM IOB UPI's 3.0. TMB MBank also leads on review sentiment (72% vs 37%). On price, ratings volume, update cadence and ads there is nothing between them.
Scored on Price · Rating · Positive reviews · Number of ratings · Update frequency · Ads · In-app purchases · Monetization · Best chart rank · Devices · Requires iOS
Both are free to download. Neither carries in-app purchases, so what you see is what you pay.
TMB MBank holds the better App Store score, 4.0 against 3.0. Both are backed by a comparable volume of ratings — 21 and 10 respectively. Written reviews point the same way: 37% of BHIM IOB UPI's written reviews are positive against 72% of TMB MBank's.
BHIM IOB UPI ships an update every 4 months, TMB MBank every 2 months. Both last shipped on October 13, 2026.
| Parameter | BHIM IOB UPI | TMB MBank |
|---|---|---|
| Price | Free | Free |
| Rating | 3.0 (21 ratings) | 4.0 (10 ratings) — better |
| Positive reviews | 37.1% of reviews | 72.0% of reviews — better |
| Number of ratings | 21 — better | 10 |
| Update frequency | Every 4 months | Every 2 months — better |
| Ads | No | No |
| In-app purchases | No | No |
| Monetization | Free | Free |
| Devices | iPhone | iPhone |
| Requires iOS | 17.0 | 17.0 |
| Further details — not scored | ||
| Size | 35 MB | 144 MB |
| Age rating | 4+ | 4+ |
| Developer | IOB | Tamilnad Mercantile Bank |
Customer experience
BHIM IOB UPI
TMB MBank
In-app purchases
BHIM IOB UPI
No in-app purchases
TMB MBank
No in-app purchases
Questions
Is BHIM IOB UPI free?
Is TMB MBank free?
Which has better reviews, BHIM IOB UPI or TMB MBank?
Do BHIM IOB UPI or TMB MBank have ads?
Which is updated more often, BHIM IOB UPI or TMB MBank?
Other comparisons
