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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
Account Opening Fees
0
Annual Maintenance Fees
0
Minimum Account Balance
Rs. 500/
Debit Card Charges
100
NEFT Charges
Free
IMPS Charges
Free
Fees and Charges
IOB Student
Special Features
Eligibility Criteria
All Existing Customers (Students) – Student Age – 10 Years and above
Benefits
Features, Eligibility and Benefits
Pros & Cons
Pros
Fund Transfer Facility / Bankers Cheque (or) Demand Draft restricted to tuition Fees / Hostel fees to a Particular School / College Account for payment of fees,Issue of Debit card without charges,Free Standing Instructions,Free Cheque Book.
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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