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Pallagoundenpalayam
No 5/59
Covai Main Road
Pallagoundenpalayam
Erode, Tamil Nadu - 638056
Vijayapuri
Ground Floor
Pallagoundenpalayam
Erode, Tamil Nadu - 638056
Near Sakthi Auto Components Ltd
Open 24 HoursUthukuli
SF No 200/4B10
Ward No 8, Part B
Uthukuli
Erode, Tamil Nadu - 638751
Vijayapuri
No 4/962, Sellappan Complex
NH Main Rd, Perundurai Tk
Vijayamangalam
Erode, Tamil Nadu - 638056
Vijayapuri
No 4/962, Sellappan Complex
NH Main Road, Perundurai
Vijayamangalam
Erode, Tamil Nadu - 638056
Perundurai Sipcot
Ground Floor, SIPCOT
5th Cross
Perundurai
Erode, Tamil Nadu - 638052
Indian Overseas Bank (IOB) was founded on 10th February 1937 by Shri. M.Ct.M. Chidambaram Chettyar, a pioneer in many fields.The Bank was founded by him with the main objective of specializing in foreign exchange business in banking to take the Bank across the globe IOB started business simultaneously - at Karaikudi, Chennai and Rangoon in Burma (presently Myanmar) followed by a branch in Penang, Malaysia.At the dawn of Independence IOB had 38 branches in India and 7 branches abroad -and Deposits stood at Rs.6.64 Crores and Advances at Rs.3.23 Crores at that time.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. and Advances of Rs.44.90 Cr.Bank Presently has its Overseas Presence in 4 Countries Singapore, Hongkong, Thailand and Srilanka.About IOB Genesis
