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Valid Till : 30-05-2025
Valid Till : 30-05-2025
Indian Overseas Bank, Timmapur Branch is located at the entrance of Budugumpa village, near Karatagi town. Bus services are available from Karatagi in morning, afternoon and evening. Providing better Customer service. Has ATM. Only PSU Bank in the Village.
Thimmapur
Ground Floor
Karatagi Road, Budugumpa
Thimmapur
Koppal, Karnataka - 583229
Opposite Government Hospital
Open 24 Hours
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