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Indian Overseas Bank
Indian Overseas Bank (IOB) was founded on February 10, 1937 by Shri.M.Ct.M. Chidambaram Chettyar. It was the first bank to get into consumer credit and introduced Personal Loan scheme. It was nationalized in 1969, at that time had 195 branches in India. In 1964, the Bank made a beginning in computerization in the areas of inter-branch reconciliation and provident fund accounts. Bank offers services in credit card segment, agriculture consultancy, multicity cheque facility, merchant banking, do crossing selling of insurance products.
Indian Overseas Bank as on March 2003 had 1427 branches in India and 6 branches overseas. Besides the Bank has a network of over 436 ATMs and 243 Extension Counters. The bank has introduced the concept of “Any Branch Banking”. IOB offers this facility in selected branches in major cities and select state capitals where our network is available. IOB have branches in Colombo, Hong kong, Seoul Singapore, and has opened a Foreign Currency Banking Unit in the free trade zone in Colombo.
Institution Info
Head Office 763, Anna Salai
Chennai - 600002
Tamil Nadu
India
Website http://iob.in/
No. of branches 1500
No. of ATMs 436
Customer Care Numbers 0091-44-851 9438
Products / Services
Indian Overseas Bank Credit Cards
Indian Overseas Bank Auto Loans
Indian Overseas Bank Home Loans
Indian Overseas Bank Personal Loans
Indian Overseas Bank Fixed Deposits

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