Indian Overseas Bank a major public sector bank established on 10th February 1937. Headquartered in Chennai, the bank has its branch in 5 other countries. The bank offers various banking and financial services such as investments, deposit accounts, credit cards, debit cards, loans, etc.
Indian Overseas Bank offers various type of current accounts for businessmen, firms, companies, etc. to customers to serve their needs.
Loan against Property
Indian Overseas Bank provides loan against property to its customers to meet urgent financial needs. The maximum loan amount is up to Rs. 2 crore.
Indian Overseas Bank provides two-wheeler loan to its customers which is to be repayable in 72 equated monthly installments.
IOB provides a recurring deposit for a period ranging from 6 to 120 months and with a minimum deposit of Rs. 50 per month in multiples of Rs. 5 each.
Indian Overseas Bank offers 2 types of credit cards to its customers to cater to the needs of its needs customers. The minimum card limit is Rs. 10,000 and the maximum limit is Rs. 5 lakh.
Indian Overseas Bank account holders can check their account balance, transfer funds, open deposit accounts and many more via Net Banking Facility.