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Product Details
Bank Name

Indian Overseas Bank

Account Name

Account Type

Saving

Interest Rate

Balance Upto Rs. 25 Lacs-2.75 ,Balance Above Rs. 25 Lacs upto Rs. 1 Crore-2.75 and Balance Above Rs. 1 Crore-
2.90

Free Debit Card

Yes

IOB SB DEFCOM
Account Opening Fees

0

Annual Maintenance Fees

0

Minimum Account Balance

Debit Card Charges

NEFT Charges

Free through net banking

IMPS Charges

Free through net banking

Fees and Charges

IOB SB DEFCOM

Special Features
Zero Balance Account
Eligibility Criteria
Commissioned officers serving in Defence.
Benefits
Features, Eligibility and Benefits
Pros & Cons
Pros
Transfer of funds through NEFT/RTGS without charge,Unlimited & Free Cheque book,Facility of Auto sweep in and Sweep out,Instant credit of outstation cheques up to Rs. 30,000/,Pasbook available & free updation at non home branch,Free facility setting up standing instructions,ASBA facility available,Free International Debit Card with one add on card free for spouse,Free Internet banking & Mobile Banking facility,Personal Accident insurance covers of Rs. five lakhs free of cost,Online Tax payment free of cost,Online bill payment facility,Facility for Family Health Insurance.
Cons
Low intreast rate.
Application Procedure

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Product Review
Account Opening and Procedure
How to open an Account?
Application Procedure
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