Indian Overseas Bank Timings

The Indian International Bank was founded to promote overseas banking and foreign exchange operations. Thiru.M. Ct. M. Chidambaram Chettiar founded the bank in 1937. Following the Second World War, the Indian Overseas Bank established branches in Sri Lanka, Thailand, Malaya, and Hong Kong. 

The bank then continues to create new branches around the world. IOB consolidated many weak banks in the 1960s, including Coimbatore Standard Bank, Nanjinnad Bank, Coimbatore Vasunthara Bank, Kulithalai Bank, and others. The Indian Overseas Bank was nationalized by the Indian government in 1969. IOB went public in 2000 through an Initial Public Offering. The Indian government presently owns 75% of the bank's shares.

IOB Working Hours

If you ever want to create an account with IOB, you should be aware of the bank's operating hours, lunch hours, and holidays. Every account holder needs to be aware of the timetables so that they do not waste time at the branch waiting in huge lines!

Indian Overseas Bank Timings

  • The timings of Indian Overseas Bank branches may differ.
  • It is open from 10:00 a.m. to 4:00 p.m.
  • Every second and fourth Saturday of the month, the bank will be closed.
  • Monday through Friday are IOB working days. On the first, third, and fifth Saturdays, however, bank hours are as usual from 10:00 a.m. to 4:00 p.m.
  • On Sundays and national holidays, the bank will be closed.

IOB Lunch Timings

Lunch at IOB is normally served between 1:30 and 2:30 p.m.

This, however, varies from branch to branch. In order to deliver the finest customer service experience possible, Indian Overseas Bank workers generally eat lunch in rotation. So you may walk to the bank during lunchtime and get someone to assist you at the counter.

IOB NEFT Time

Every day, between 8:00 a.m. and 7:00 p.m., Indian Overseas Bank processes NEFT transactions in hourly batches (except on 2nd & 4th Saturdays and bank holidays).

IOB RTGS Timing

RTGS transactions are processed in Indian Overseas Bank branch offices from 8:00 a.m. to 4:30 p.m. daily, except on the second and fourth Saturdays.

IOB Working Hours for Lockers

Customers who want to visit their lockers at Indian Overseas Bank must do so during business hours. The bank does not have separate locker visitation hours. Clients who want to apply for a locker can do so by visiting the bank during normal business hours.

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