INDIAN OVERSEAS BANK PUDUCHERRY

Company Profile: INDIAN OVERSEAS BANK PUDUCHERRY

Company Type: Financial Institution (Bank)

Introduction:

Indian Overseas Bank (IOB) is a major public sector bank headquartered in Chennai, India. The Puducherry branch is one of its many branches across the country, serving the local community in Puducherry (formerly Pondicherry).

As a financial institution, IOB Puducherry provides a comprehensive range of banking and financial services to individuals, businesses, and organizations. These services typically include:

* Deposit accounts (savings, current, fixed deposits)

* Loan products (home loans, personal loans, business loans, agricultural loans)

* Foreign exchange services

* Internet banking and mobile banking facilities

* Remittance services

* Investment products (mutual funds, insurance)

* Locker facilities

The bank plays a crucial role in the economic development of the region by facilitating financial transactions, providing credit, and promoting savings. It operates under the regulatory framework of the Reserve Bank of India.

INDIAN OVERSEAS BANK PUDUCHERRY provides a range of banking products and services, including:

* **Personal Banking:** Savings accounts, current accounts, fixed deposits, loans (housing, education, personal), credit cards, debit cards.

* **Business Banking:** Current accounts, term loans, working capital finance, trade finance, MSME loans.

* **NRI Services:** NRI accounts, remittance services.

* **Other Services:** Insurance, mutual funds, online banking, mobile banking.