Banking made easy! Open an IOB account in minutes and enjoy seamless digital transactions, high security, and unmatched convenience.
Own your dream home with IOB! Get hassle-free home loans at competitive rates and flexible repayment plans.
Upgrade your ride with IOB Car Loan! Fast approvals, low-interest rates, and easy EMI options to make your dream car a reality.
Turn your gold into instant cash! Get IOB Jewel Loan with quick processing, low-interest rates, and zero hassle.
Funds when you need them! Avail IOB Personal Loan for medical emergencies, travel, or big purchases-quick approvals & easy repayment.
Valid Till : 30-05-2025
Valid Till : 30-05-2025
Super service available
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Mecheri
Dharmapuri Main Road
Mecheri
Mecheri
Salem, Tamil Nadu - 636451
Mecheri
Ground Floor
Dharmapuri Main Road
Mecheri
Salem, Tamil Nadu - 636451
Karuvalli
PSK Complex
Chinnathirupathi, Kadayampatti
Karuvalli
Salem, Tamil Nadu - 636305
Karuvalli
PSK Complex
Karuvalli
Salem, Tamil Nadu - 636305
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 Sri Lanka.