
“One of India's Oldest Banks”
Indian Overseas Bank is a major public sector bank established in 1937, headquartered in Chennai, providing comprehensive banking and financial services to customers across India and internationally. With over 85 years of banking experience, Indian Overseas Bank operates more than 3600 branches and 4000+ ATMs, ensuring convenient access to banking services. The bank offers a diverse portfolio of financial products and services including savings accounts, current accounts, fixed deposits, personal loans, home loans, business loans, educational loans, and investment solutions. Indian Overseas Bank provides modern digital banking platforms with internet banking, mobile banking, and UPI services, enabling customers to access banking services 24/7. The bank maintains competitive interest rates on savings accounts and fixed deposits, with special rates for senior citizens. Indian Overseas Bank offers specialized services including locker facilities, forex services, NRI banking, insurance products, and wealth management solutions. The bank has a strong presence in southern India and has been serving customers for generations with stability and reliability. As a DICGC-insured bank, customer deposits are fully protected. Indian Overseas Bank has received awards for customer service and financial stability.
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Indian Overseas Bank FD rates for general and senior citizen categories
| Tenure | General Rate | Senior Citizen |
|---|---|---|
| 1 Year | 5.70% | 6.20% |
Indian Overseas Bank digital features and technology
Complete KYC remotely
Banking Awards — 2024
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Indian Overseas Bank atm
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Interest range
12.42% – 12.42% p.a.
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