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Last Updated on 07/11/2019
IOB Student

Eligibility

All Existing Customers (Students) – Student Age – 10 Years and above

Minimum balance requirement

Rs. 500/- (Zero balance with prior permission)

Special Features / Concessions

  • 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

Remarks

Maximum amount in the account is. Rs. 50,000/- (Maximum amount will be removed after the Account holder attains the age of 18 Years).