Finding Your Way Around Indian Overseas Bank: Share Price, Services, and Basic Banking

Millions of customers are served by Indian Overseas Bank (IOB), a well-known public sector bank in India. The performance of Indian Overseas Bank’s share price, the services it provides, and significant banking necessities like balance check numbers and IFSC codes will all be covered in this article.

Price of Indian Overseas Bank’s share

The indian overseas bank share price is 45.00 INR as of 27th sep. 2023. The share price of IOB is impacted by market trends and investor sentiment, just like that of other publicly traded firms.

indian overseas bank share price has fluctuated over time due to a number of variables, including:

  • Economic Conditions: The quality and profitability of the bank’s loan portfolio can be affected by economic conditions, which can include GDP growth, inflation rates, and fiscal policies. These conditions also have an impact on IOB’s share price.
  • success of the Indian Banking Sector: The share price of IOB is significantly influenced by the success of the Indian banking industry as a whole. Industry shifts, governmental initiatives, and regulatory adjustments all have an impact.
  • Asset Quality: Investor confidence and share prices can be significantly impacted by the condition of IOB’s loan book and the amount of non-performing assets (NPAs).
  • Government Control: As a public sector bank, IOB is subject to the ownership and policies of the government, which may affect the performance of its share price.

Services by Indian Overseas Bank

To meet the various demands of its customers, IOB provides a broad range of banking and financial services. Among the important services the bank offers are:

  • Savings and Current Accounts: To suit the banking needs of people, corporations, and institutions, IOB provides a variety of savings and current account types.
  • Retail and Corporate Loans: The bank offers a variety of loans, with attractive interest rates and flexible repayment choices, including house loans, personal loans, and business loans.
  • Digital Banking: IOB has embraced digital banking and now provides services including online banking, mobile banking, and digital wallets for safe and convenient transactions.
  • Credit and Debit Cards: Customers can use the credit and debit card services offered by IOB, which include a number of advantages and incentive schemes.
  • Investment and Wealth Management: To assist customers in increasing their wealth and achieving their financial objectives, the bank provides investment and wealth management services.

Check Number for Indian Overseas Bank’s Balance

Checking the balance of an account for IOB customers is simple. They can quickly and easily retrieve their account information by using the indian overseas bank balance check number. Sending an SMS from the registered mobile number to a particular number issued by the bank is normally how you check your balance. In response, the bank sends an SMS with information about the account balance. The IOB balance check number makes it easier to monitor account balances without using internet banking or going to a branch.

IFSC code for Indian Overseas Bank

Each bank branch in India is given a different alphanumeric identifier called an IFSC (Indian Financial System identifier). It is used for NEFT, RTGS, and IMPS electronic fund transfers, among others. When starting a fund transfer, customers must know the IFSC code of their respective branch. The indian overseas bank ifsc code is a vital banking requirement that guarantees that money is paid precisely to the correct recipient.


For many years, Indian Overseas Bank has been a dependable banking partner for both individuals and companies in India. The performance of its share price reflects the banking sector’s volatility as well as the state of the overall economy. IOB’s services continue to be available and practical as it adopts digital banking solutions and adjusts to evolving consumer needs. Banking with IOB is effective and user-friendly thanks to banking necessities like balance check numbers and IFSC codes. Whether you’re a shareholder keeping tabs on the share price or a client taking advantage of the bank’s services, Indian Overseas Bank is important to India’s financial system.