How many branches of IOB bank in India?
Indian Overseas Bank (IOB) is an Indian public sector bank based in Chennai. It has about 3,214 domestic branches, about 4 foreign branches and representative office.Indian Overseas Bank.
Indian Overseas Bank (IOB) was founded in February 1937 with twin objectives of specialising in foreign exchange business and overseas banking.
How many IOB branches are there in Hyderabad?
Indian Overseas Bank has 45 branches in Hyderabad district of Telangana.
Foreign Banks In India: There are a total of 45 International Banks in India which have around 300 branches mostly located in major cities of Indian states.
Which is better IOB or SBI?
State Bank of India scored higher in 8 areas: Overall Rating, Culture & Values, Diversity & Inclusion, Senior Management, Compensation & Benefits, Career Opportunities, Recommend to a friend and Positive Business Outlook. Indian Overseas Bank scored higher in 2 areas: Work-life balance and CEO Approval.
Some of the key results of the comparison between the two banks are: Lowest Interest rate of Indian Overseas Bank Loan is 10.00%, which is lower than the lowest interest rate of SBI at 10.55%. Hence, Indian Overseas Bank is offering a cheaper loan option.
Is IOB bank safe?
In IOB, they are providing good service to the customer on my salary account. Its a zero balance account and i am using this account more than 6-7 years. Customer service and responsiveness was good , ATM and branches are near from my residence.
The overall rating of Indian Overseas Bank is 3.7, with Job Security being rated at the top and given a rating of 4.3. However, Company culture is rated the lowest at 3.1.
Can I use my IOB debit card internationally?
It allows you to access your account from different merchants terminals throughout country and abroad. You can also use it at an ATM for withdrawal of cash and other enquiries.08-Dec-2022
The merger resulted in 10 Public Sector Banks pooled into 4 Public Sector Banks. However, IOB, Bank of Maharashtra, Punjab and Sind Bank, Bank of India, Central Bank of India and UCO Bank, which are region-centric, will remain as independent entities.02-Nov-2022
What is the minimum balance in IOB bank?
For rural and semi-urban branches, minimum balance of Rs 100 must be maintained for non-cheque operated accounts; Rs 500 for cheque operated accounts. For all other branches, minimum balance of Rs. 500 for must be maintained for non-cheque operated account and Rs. 1000 for cheque operated account.
IOB was one of the 14 major banks that were nationalized in 1969. On the eve of Nationalization in 1969, IOB had 195 branches in India with aggregate deposits of Rs. 67.70 Cr.
Which Indian Bank is available in USA?
Many Indian banks including State Bank of India, ICICI Bank, Bank of Baroda, etc. operate in the US through their overseas branches, subsidiaries or representative offices. These banks offer several banking and investment services to US citizens and Non-Resident Indians (NRIs) staying in the US.12-Nov-2022
International debit cards can prove to be extremely convenient when travelling abroad. With these cards, you can access ATMs anywhere in the world and forget the inconvenience of converting currencies. State Bank of India, HDFC Bank, Axis Bank, and Yes Bank are some of the banks which offer international debit cards.
Are there Indian banks in USA?
Presently, there are 10 Indian banks in the USA, and they are all controlled by the state and federal levels.
State Bank of India (SBI): As it is managed by the Indian government and a few shareholders, the State Bank of India may be among the most reliable financial institutions.10-Nov-2022
Who is Indias No 1 bank?
HDFC
State Bank of India (SBI)
Is IOB good for long term?
If you are looking for stocks with good return, Indian Overseas Bank can be a profitable investment option. Indian Overseas Bank quote is equal to 25.800 INR at 2022-12-12. Based on our forecasts, a long-term increase is expected, the "IOB" stock price prognosis for 2027-12-03 is 41.217 INR.
Thus, Indian Overseas Bank term deposit is safe and secure, as the funds are backed by the government no matter what the current situation of the bank is. Loan against FD: The investment made in an FD scheme is not only a reliable investment option but can also act as an asset.11-Nov-2022
Which government bank is best?
How many branches of IOB bank in India?