Indian Overseas Bank (IOB) is one of the prominent nationalized banks of India that was founded in 1937 in Chennai. It has 2018 domestic branches, six overseas branches and a wide network of over 771 ATMs across India. Moreover, IOB’s International VISA Debit Card is being accepted at all ATMs related to the Cash Tree and NFS networks. This Bank provides many value added Online Banking services to its customers. IOB has an official website where all the information related to product services, interest rates, list of Bank branches, contact details of branches, etc; are displayed for the customers.
Indian Overseas Bank Net Banking offers free internet banking facility for its customers. This online banking comes loaded with various user friendly features. Customer can do anytime, anywhere banking transactions without worrying about bank working hours. The customers are required to login to access internet banking services.
Salient features of Indian Overseas Bank Internet Banking services are as follows:
E-See Banking: It is a type of Online Banking facility offered by Indian Overseas Bank. Customer can check their account balances related to savings, cash credit or current account from the comfort of their home. Customer can also see the summary of their previous transactions. In order to do that customers are required to login to IOB website with username and Password provided.There is separate login for personal and corporate banking clients.
e-Cash Home:It allows the customers to do online money transfer from one account to any other account. It provides the facility of direct debit of customer accounts in more than 12000 US based banks. Moreover, it provides24x7 customer support, Competitive Exchange Rates, and delivery facility inselected locations across India. Customer can also view the Status Tracker for monitoring the status of transaction in process.
Visa Card Transfer: Customers can now make payments to Visa cards using online banking facility. They can use International Instacash Visa debit cards for making Internet payments. Moreover, they can use online banking for making e-commerce deals via secure electronic payment gateways.
IOB’s E-Tax Payments: Customers can now make payments for both direct and indirect taxes via online banking facilities.
Online Bill Payment: It has become very easy for making online bill payments by sitting comfortably in your home.
Online Trading: Customers can see the stocks movements online and engage actively in online trading.
In addition to these banking services, online banking with IOB also allows online payment of College Fees for the students of SASTRA-Tanjore, Tamilnadu Electricity board bills, Recurring deposit installments, Loan installments, etc.
Customers can sign up for IOB net banking online via IOB website. For registration, customer needs to complete a brief enrolment form along with basic account details prior to access online banking service.Once the registration form is submitted, bank will send login Id and password to the customer via mails.
IOB Online Banking security features
Indian Overseas Bank comes with many security features that ensure secure and safe transaction over the internet. It has world class security features including encryption codes and firewalls that prevent any unauthorised attacks on customer account details and financial transactions. The encryption standards are very stringent and security is further strengthened by 128-bit Secure Socket Layer (SSL) encryption, Two levels of authentication (password and pin) and Verisign Digital Certificate.