top of page
Product Details
Bank Name

Indian Overseas Bank

Account Name

Indian Overseas Bank Regular SB Account

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 VISA-CLASSIC

Indian Overseas Bank Regular SB Account
Account Opening Fees

0

Annual Maintenance Fees

0

Minimum Account Balance

Debit Card Charges

100

NEFT Charges

Upto ₹10,000/ -₹.4/-,Above ₹1.00 lac and upto ₹2 lacs -.12/-

IMPS Charges

Upto 1 lakh -Rs 5 and above 1 lakh but less than 2 lakh-15

Fees and Charges

Indian Overseas Bank Regular SB Account

73.2
Special Features
Eligibility Criteria
ndividuals, Joint accounts, Clubs, associations, trusts, Govt. Bodies, societies (including co-operatives), educational institutions, associations and other non-trading organizations and Minors who have completed ten years of age can apply in their names.
Benefits
Features, Eligibility and Benefits
Pros & Cons
Pros
  • International VISA/MASTER/RUPAY Debit Card.

  • Instant Credit of Outstation Cheque upto Rs.15,000/.

  • 50 cheque leaves free per annum.

Cons
Low intreast rate
Indian Overseas Bank Regular SB Account

The account comes with low interest rate and offers minimal value add features.

Abhijeet Saxena

Abhijeet Saxena

Nalsar University of Law

Ex- Senior Associate, Shardul Amarchand Mangaldas, Delhi

Ex - Khaitan & Co. Bengaluru,

Ex - National Stock Exchange, Mumbai,

Ex - Argus Partners, Mumbai

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