Indian Overseas Bank (IOB), one of India’s prominent public sector banks, has launched an initiative allowing customers to upgrade their existing savings account schemes to higher variants through the bank’s website. The new savings account options, such as SB Max and SB HNI, offer enhanced facilities and features, including concessions and fee waivers, providing customers with increased value and flexibility.
To promote paperless banking, IOB has introduced a new service enabling customers to access their loan account statements directly through the Digilocker app or web portal. Building on its existing suite of Digilocker offerings, which includes savings account statement generation and Form 16A issuance, IOB continues to expand its customer-centric digital initiatives.
News & Image Source: www.psuwatch.com
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