Indian Overseas Bank is a financial institution offering a comprehensive array of banking services across India and globally. Its operations are structured into distinct divisions: Treasury, Corporate/Wholesale Banking, Retail Banking, and other banking activities. The bank accepts various forms of deposits, including demand, savings, current, fixed, and term deposits, alongside foreign currency accounts for non-residents. Its diverse lending portfolio encompasses home, vehicle, jewel, clean, education, reverse mortgage, personal, agricultural, corporate, and property-backed loans, as well as financing for micro, small, and medium enterprises. Beyond traditional banking, it provides debit, credit, and prepaid cards, NRI banking solutions, agricultural and rural financial services, merchant banking, payment processing, and online banking facilities. Additionally, the bank offers a suite of insurance products, such as health, property, home, motor, and general coverage. With a broad presence, it operates numerous branches, ATMs, and business correspondents throughout India, complemented by international branches in Singapore, Hong Kong, Colombo, and Bangkok. Established in 1937, the bank is headquartered in Chennai, India.
