Indian Overseas’ Bank in the World!


In the early years of India’s independence, during fervent hope and determined efforts. As the nation found its footing post-independence, so did IOB. Indian Overseas Bank was established on February 10, 1937. The brainchild of M. Ct. M. Chidambaram Chettyar, the bank came into being with a profound purpose – to cater to the financial needs of both individuals and enterprises, nurturing them as they embarked on their respective journeys.

The bank stood as a beacon of stability during times of economic evolution, consistently aligning its services with the changing needs of a dynamic India. Over the decades, IOB’s branches spread like roots across various states, each branch a testament to the bank’s unwavering commitment to serve the local communities.

Located in the centre of Chennai, Indian Overseas Bank (IOB) is a strong and reliable presence in India’s banking industry. IOB has become an integral part of the nation’s economic growth, not just as a bank but in a more significant way. This bank has been helping people fulfil their dreams and achieve their goals since it first started.

Services provided by IOB:

From busy cities to peaceful countryside areas, IOB provided a wide range of banking services. Savings accounts turned into a way to make dreams come true, loans became steps towards achieving goals, and credit cards became the tool to make more things possible. The bank provided services for both individuals and businesses, helping the economy grow in different ways.

Savings and Current Accounts: IOB knows that everyone has different financial needs. The bank offers different types of savings and checking accounts that are designed specifically for you. These accounts will keep your money safe and also help it grow more efficiently for you.

IOB provides loans to help people achieve their dreams. If you want to buy a home, get an education, or start a business, IOB has different types of loans that can help you achieve your goals.

  1. IOB understands that life is full of new experiences and your credit card should match your lifestyle. With many credit cards to choose from, IOB wants to make sure your financial experiences are special and tailored to you. These cards offer rewards, cashback, and special benefits to make your experience even better. You can derive your IOB Statement a list of the last 5 transactions done in your bank account in the Indian Overseas Bank, anytime with just a missed call
  2. In this time of easy connection, IOB is leading the way in digital banking innovations. The IOB mobile app and internet banking platform are easy to use and give you access to your accounts, the ability to transfer money, and pay bills easily.
  3. International banking is when a bank has branches in different countries. IOB, a bank, has branches in various countries, which allows them to offer services to Indians living abroad and businesses from all over the world. IOB makes sure that banking between countries is smooth because they know a lot about international trade and finance.
  4. Wealth management means IOB focuses on helping each person with their own money needs, not just handling transactions. The bank provides helpful advice and a variety of investment choices to help you increase and protect your money.
  5. Supporting Businesses: IOB believes in helping businesses grow and succeed at any point in their journey. IOB helps businesses by offering loans and banking services tailored to their needs, whether they are small or large companies.

As IOB journeyed through time, it embraced technological advancements, ensuring that its services remained relevant and accessible in the digital age. The simplest example is the IOB balance check number, where you can check your account balance with just a call. Yet, beneath the veneer of modernity, the bank’s essence remained rooted in its values of trust, integrity, and community.

IOB International Presence:

Indian Overseas Bank (IOB) has expanded its reach globally and has a strong presence in many countries. They have brought the Indian banking experience to different parts of the world. IOB started in Chennai in 1937 and has grown to have a presence in many different countries, connecting people from different nations and cultures.

Some of the countries where Indian Overseas Bank had a presence include:

  • United Arab Emirates (UAE)
  • Singapore
  • Hong Kong
  • Thailand
  • South Korea
  • Sri Lanka
  • Bangladesh
  • China
  • United Kingdom (UK)
  • USA (Representative Office)

IOB’s journey around the world shows how dedicated they are to helping Indians living abroad and businesses from all over the world. With branches located in different countries, IOB has made it easy for people to send and receive money across borders. This helps to connect people with their home countries.

In different countries, IOB’s branches are not just banks, they also help expatriates with their finances and serve as a bridge to their culture. For Indians living abroad, these branches provide a feeling of being at home and a way to stay connected to their culture and origins.


In simple words, the story of Indian Overseas Bank (IOB) represents India’s progress in the financial world. Since it started in 1937, IOB has been a reliable bank for many people and businesses. This story is not only about numbers, but also about the friendships it has created, the aspirations it has encouraged, and the communities it has helped.

IOB’s dedication to coming up with new ideas, along with its strong beliefs, has helped it adapt to the constantly changing banking industry. Whether it is through its many branches or its ventures in different countries, IOB has always stayed committed to its goal of empowering people and promoting economic growth.

IOB’s worldwide journey reflects India’s growing presence on the global platform. The branches in other countries represent India’s strong economy and trustworthy financial reputation. The bank’s success in foreign countries is not only about money, it’s about creating trust and building relationships that go beyond geographic borders.

As IOB keeps going, it brings with it the history of many years – a history of trust, dependability, and commitment. From India to all over the world, IOB has made a big impact on the lives of the people it has helped. It continues to move forward, representing financial success, making dreams come true, and showing India’s strong banking abilities.

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