Table of Contents
Which bank is better IOB or Indian bank?
Some of the key results of the comparison between the two banks are: Lowest Interest rate of Indian Bank Loan is 9.05\%, which is lower than the lowest interest rate of Indian Overseas Bank at 10.80\%. This makes Indian Bank a better option for Personal Loan.
Is IOB a safe bank?
Investing in a fixed deposits with the highest rating of AAA, rated by ICRA and CRISIL, is a reliable investment option. Thus, Indian Overseas Bank term deposit is safe and secure, as the funds are backed by the government no matter what the current situation of the Bank is.
What is the minimum balance in IOB?
MINIMUM BALANCE It is Rs. 500 for non-cheque operated account and Rs. 1000 for cheque operated account in other branches. For pension accounts the minimum balance is Rs.
Is Indian bank good or bad?
Indian Bank has a very good customer service and this savings account has a normal rate of interest. 0.5 4.0/5 “Great!” I am holding a saving account with INDIAN BANK for more than 5 years. For my personal need I had opened an account with this bank but the branch is not near to reach them.
Which bank merged with Indian Overseas Bank?
Table Showing the Merger List of PSU Banks
| Acquirer Banks | Banks to be Merged |
|---|---|
| PNB | Oriental Bank of Commerce (OBC), Allahabad Bank, Corporation Bank, Indian Bank |
| Bank of Baroda | Vijaya Bank, Dena Bank |
| Bank of India | Andhra Bank, Bank of Maharashtra |
| Canara Bank | UCO Bank, Syndicate Bank, Indian Overseas Bank |
What is the future of IOB?
As on 16th Dec 2021 IOB Share Price closed @ 21.10 and we RECOMMEND Buy for LONG-TERM with Stoploss of 19.05 & Sell for SHORT-TERM with Stoploss of 21.60 we also expect STOCK to react on Following IMPORTANT LEVELS….IOB Important Levels Intraday.
| RESISTANCE | 22.74 |
|---|---|
| RESISTANCE | 21.56 |
| SUPPORT | 20.64 |
| SUPPORT | 20.31 |
| SUPPORT | 19.99 |
How good is IOB Bank?
0.5 4.0/5 “Great!”
Can I open zero balance account in IOB?
Quarterly Average Minimum Balance of a minimum Rs 1,00,000 or more. Account can be opened with zero balance. However, in order to be eligible for certain concessions provided with this account, account holders must maintain a Quarterly Average Balance of not less than Rs 5,000. Account can be opened with zero balance.