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Personal Banking

Last Updated on: 26/09/2024

Savings Bank

FAQ

Savings Bank Deposit Schemes - You name it we have it

Indian Overseas Bank provides various Savings Bank Deposit schemes meant for people belonging to all sections of the society.

The Bank stays committed to society to inculcate savings habit among the people while allowing them to use their funds as per their convenience.

Our Savings Bank Deposit Schemes include: -

 

Open a Savings Bank account with us and enjoy hassle free Banking. With our Core Banking solution, you have the flexibility to operate your account from any of the 3000+ Core Banking Branches all over India.

For Opening your SB account using VKYC (Video Based KYC):  (Click Here)

Target Group

NTB_1999 is a group insurance product exclusively offered to our New to Bank (NTB) Savings Bank Account Customers. All types of Savings Bank Account can be covered under the scheme.

Policy Tenure

1 Year Renewable every year

Entry Age

18-60 Years.

Plan

1Adult (Self Only).

In case of Joint Accounts, coverage can be provided to joint holders by paying individual premium.

Base Sum Insured

Rs.2.00 Lac.

Premium

Rs.1999 (INCLUSIVE ALL TAXES)

Coverage:

  • Hospitalization Coverage of Rs.2.00 Lakhs (Base Sum Insured).
  • Personal Accidental Insurance Coverage of Rs.20.00 Lakhs.
  • Hospital Daily Cash Coverage of maximum Rs.40000/-