The Indian Overseas Bank is a public sector bank in India with 457 crores in assets. Its headquarters are in Chennai. On February 10, 1937, the Indian Overseas Bank was established. It has 3381 branches and a total of 4573571 ATMs in India.
It offers its customers all financial services such as saving deposits, fixed deposits, recurring deposits, home loans, personal loans, car loans, education loans, gold loans, PPF accounts, lockers, net banking, mobile banking, NEFT, IMPS, RTGS, Pradhan Mantri Jandhan Yojana, E-Wallet, Pradhan Mantri Suraksha Yojana, Atal Pension Yojana, Pradhan Mantri Suraksha Yojana, Pradhan Man Bima Yojana, Pradhan Mantri Jeevan Jyoti Bima Yojana, and numerous other schemes.
Indian Overseas Bank (IOB) provides car loans for new and used vehicles at interest rates ranging from 9.8% to 11.8% per annum. The proposed interest rate is determined by elements such as income, credit score, loan amount, loan tenure, and so on.
Here is the table of the IOB car loan interest rate 2024-
Car Loan Interest Rate IOB |
9.80% p.a. |
You will have to carry the following documents along while applying for the car loan from Indian Overseas Bank-
IOB car loan interest rate 2024 is determined by a variety of factors. The following are some of the elements and how they affect the rate-
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