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HDFC Net Banking Registration Process

HDFC(Housing Development Finance Corporation limited) bank was started in 1994 in Mumbai as their headquarters. It is the India’s largest private sector bank. It is having 4715 branches and it is located in almost 3000 cities all across the world including Dubai, Hong Kong and Bahrain. It is having 12000 ATMs across the world. HDFC made banking services easier to customers by Internet banking and Mobile banking and it provides many offers to their customers in online shopping. Users can avail all these services through the products of HDFC bank like mobile app, HDFC online website.

The Services provided by HDFC bank are

  1. Easy Fund transfer through NEFT or IMPS
  2. You can easily check your balance
  3. You can check your mini statements
  4. You can pay your credit card bills
  5. You can use your Net banking for Online shopping
  6. You can do Online recharge

You can also use the above all services by using HDFC bank mobile app. The app is available in Playstore for Android users and in Apple store for ios users. Follow the below steps to register for HDFC internet banking.

Steps to register for HDFC internet banking

Here we provided the step by step process for HDFC online banking registration process which is India’s top most private bank.

HDFC online banking process

Step 1: To register for HDFC Netbanking please go to the official HDFC bank site or else search in google as HDFC net banking registration and select first link or  else you can click here in the given link(https://netbanking.hdfcbank.com/netbanking/registrationMenu.htm).

Step 2: In the page you have to click on the link of “Register for Netbanking by generating a One Time Password”. Which means that you selecting an option to register for HDFC online banking through an OTP.

Step 3: In the next page it will ask you to enter your Customer ID, so please enter your customer ID which is there on your HDFC bank passbook and click on “Go” button. The userID for HDFC netbanking will be your Customer ID only, so remember your customer ID.

Step 4: After that a new One Time Password for your HDFC online banking is forwarded to your registered mobile number. If you got OTP click on Continue or else you have to repeat the steps 1-3 again.

Step 5: Now enter One Time Password(OTP) in the given input box and click on continue.

Step 6: In this step it will show you a list of Debit cards which are linked to your bank account/ User ID/ Customer ID. You have to select any one debit card which you are using.

Step 7: Now it will display your card number check it before you continue and it will ask you to enter your debit card PIN number and debit card expiry date, enter the details correctly. And it will ask you to set a “New IPIN Password” which will be your HDFC netbanking password, so create a IPIN password and again enter the IPIN password to confirm it and click on continue.

Step 8: Now it will display a message of “Congratulations your IPIN has been successfully reset.” That means your HDFC netbanking login password has been changed. Now you have to login into your account to check your credentials for the first time.

 

By following the above steps you have registered an HDFC Net Banking account. Now you are availing number of services provided by HDFC bank using online site. Enjoy the uninterrupted internet banking service provided by HDFC bank.

 

Login:

For Login the UserID will be your Customer ID and password will be your IPIN password which you have set before. So, login to your account to enjoy the unlimited services provided by HDFC bank.

 

How to install HDFC mobile app on android and ios devices?

HDFC netbanking provides many services to their customers through there official website. Each and every service provided by HDFC Online site can also be available on mobile app powered by HDFC bank. The app is available on both android and ios devices. Android app is available in playstore and ios app is available on Apple store. You can download the app and avail all features on your hand.

 

How to transfer funds using IMPS and NEFT?

You can transfer funds to any bank account in this world in two ways one is Immediate Payment Service (IMPS) and another one is National Electronics Funds Transfer System (NEFT). The IMPS service is an immediate payment service while NEFT will take time to transfer funds, mostly NEFT is used in scheduled transfers.

 

HDFC bank customer care numbers

In case of damage/theft/loss of your credit/debit cards you can reach the 24/7 HDFC bank credit/ebit card customer care phone number 1800 425 4332 and you can report a loss of your card. It is better to call this customer care number immediately when you have lost your card.

In case of Mutual funds or Investment services related services you can reach the customer care number 1800 22 1006 or (+022) 6160 6161  in between 9:30 AM to 6:30 PM on working days and in between 9:30 AM to 1:30 AM on weekends.

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IOB Scholar Educational Loan Scheme

Are you also one of those willing to pursue your higher education in India or outside India? If your answer is yes then you must have some plans in your mind. Along with having the right choice of institution, it is necessary to have the right amount of finance as well. If you are not having the right financial resources then it will become quite difficult for you to pursue your dreams and complete your education from your chosen institution.

Considering the same situation and in order to help you out, the Indian overseas Bank has introduced the IOB scholar educational loan. This loan is introduced under the retail loan sections and this educational loan scheme is specially designed for all those who are willing to pursue their higher education in India and abroad. The major motive of introducing this loan is to cover all those students or candidates who you are not eligible for or not included in the with their Suraksha or Vidya Jyothi education loan scheme. So if you are also looking out for some educational loan scheme that can help you in fulfilling your dream then check out the details given below.

What Eligibility Is Required to get Loan?

Before applying for the IOB Scholarloan, it is necessary for you to understand that are you eligible to apply for it or not? Sometimes, due to not fulfilling the eligibility conditions, people face difficulty to avail the loan benefits. Hence, before starting the documentation process must check out the eligibility requirements. In order to apply for this loan, it is important for the students to get admission into those institutions are colleges that are affiliated with recognized institutes for the educational board is without going through any sort of test or interview.

It is necessary for the students to score the minimum cutoff marks according to the merit list. Additionally, it is important for the students to complete their 12th class with at least 60% of the examination. For the scheduled caste students, the minimum scoring marks is 55%. Apart from this, the student who is looking forward to study the vocational training for skill development course which will not be included in the model is scheme can also register for the loan of IOB Scholar. This loan is applicable for all those courses which are having employability conditions on completion.

How Much Amount Can I Get Through IOB Scholar loan?

If you are going to pursue your course from any Indian institute then you can get a maximum amount of rupees 50 lacs through this loan. On the other hand, for all those students going to pursue their courses from foreign universities, the quantum of loan is rupees 60 lacs maximum. It is important to determine that no extension will be there in the maximum amount of IOB Scholar educational loan.

Also Read about : IOB Career Dreams Loan

What is the Margin rate for this Loan?

Irrespective of the IOB Scholar loan amount, the applying student needs to face a uniform margin of 25% for all the loans. Apart from this, in the margin, all the scholarship and assistantship will also be included. The margins may be brought on the basis of year to year or when the disbursements made according to the pro-rata basis.

Repayment and Holiday Period for the Loan

The amount of IOB Scholar loan taken by the student will be in equated monthly installment. The period will be defined according to the amount of loan. For example, for all the loans up to rupees 60 lacs, the repayment period will be of 15 years. This will be after the holiday on a moratorium period. The moratorium period will include the course period along with one year or after getting employed.

Rate of Interest to Be Charged

Before applying for the IOB Scholar loan, it is important for the candidates to understand the rate of interest that needs to payed to the amount. The rate of interest is an additional amount that the candidates need to pay along with the principal amount. The rate of interest will vary according to the amount to be taken by the student. Moreover, it will also depend upon the installment as well.

What Security needs to Be Submitted?

While applying for the loan, it is important for the students to have proper details about the security to be submitted. The loan will only be secured in the form of collateral security. The collective security will include land, building, UTI units, NSC KVP, life policies, mutual fund units, Bank deposits, debentures, shares, any other deposits on the name of the student or their parent, their guardian or any other third party. Apart from this, any other tangible security that is acceptable by bank along with a suitable margin can also be used for security purposes. Moreover, the assignment of future income of the student for installation payment will also be pursued.

Other Conditions to Be Fulfilled for Applying the Loan:

The bank will provide 1% interest concession. This condition is mainly applicable based on the interest is served during the time of study period for the moratorium. The loan will be e disbursed according to the requirements. The amount will be released only when the institutions demand or for the equipment required. The processing charges is applicable when you are going to apply for the loan, then it is necessary to visit www.vidyalakshmi.co.in. After visiting the homepage, students need to enter all their required credentials and submit all the required documents as well. All the other necessary details will be available on the same page available.

Finally, these are all the essential details about the Indian Overseas Bank IOB scholar loan. With the help of the given credentials, you will get to know how you can apply for the loan and what are the requirements related to it. You are highly suggested that before applying or completing the documentation must check all the eligibility requirements. If you have not fulfilled the requirements then you will not be considered as eligible to get the loan. So, make sure to check out the essential stuffs discussed above to utilize it in a better way.

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Indian Overseas Bank Education Career Dreams Loan

Education and career are the two most important stages of an individual life. When it comes to getting an education, everyone wants to pursue it from the best institute being it as one of the Career dreams. Apart from this, there are several institutions available around the globe providing amazing professional services to the students. However, there are a lot of amounts that individuals need to pay to avail the education.

In order to attain education, it is important for students to pay a particular amount of fees. There are several highly prestigious institutes and colleges available in India that is offering higher education to the children. Not only the quality of education is amazing, but also they charge a higher amount of fees as well. There are students who cannot afford to pay the high amount, and that is why they choose to not to pursue the course. But now, the situation has changed a lot. Now, students can easily attain education from their special or favorite institution and also can pay the education fees without having any complexities. Yes, the Indian Overseas Bank is one of the most prestigious financial institutions available that is offering the career dreams retail loans to the students who are willing to pursue their careers and prepare for the courses.

Usually, most of the banks provide loans for professional courses like B.Tech or M.tech. However, when it comes to getting trained in for coaching to prepare for the professional courses entrance examination, then it becomes quite difficult to attend the loan. But, the Indian Overseas Bank has made the situation easier for the students. The bank is offering loans for financing coaching institutions in India. So, students preparing for the professional courses entrance examination like a chartered accountant, medicine, engineering, business management or any other civil service examination like IAS IPS IAS or any other career or skill development Aptech, SAS, SAP, or any other can apply for the loan.

Am I eligible to get a loan?

Before getting the loan, it is necessary to avail all the essential details regarding eligibility. In case, any student or candidate is not eligible, then he or she will not be able to attend the loan for pursuing education. In order to get the loan, it is necessary that the institution must be refuted and registered. Registration requirements depend upon the course that the student is willing to pursue, the training and also the government rules and regulations. Apart from all this, the period of the course that the student is going to pursue must be at least two years.

How much amount can I avail through this loan?

If you find yourself eligible for this loan, then you can easily complete the documentation and get the amount. The minimum amount that you can get through this loan is 25000. In case you are in need of more amounts then you can apply for the same as well. The maximum amount that you can take through this loan is rupees 200000.

Margin Percentage of the loan

Whenever we apply for any loan, it is necessary to attend the essential details regarding the margins. The margins in this loan include 5% of the tuition fee. The percentage depends upon the fee structure that is decided and issued by the institution. Apart from that, it also includes 25% for immovable property and 10% for the movable assets as well.

Repayment for the holiday period          

It is important to know that till when you can repay the amount to the bank. The payment period plays an important role because it helps you in understanding that how much time you have to repay the amount. The maximum repayment period that the bank allows you to repay the loan is for three years without having any Moratorium. In case for the salaried class comes there is no extension in the repayment period. There is no provision of extending the repayment period for the loan.

Rate of interest for the loan

The rate of interest you need to pay will be according to the rules and regulations of the Managing authorities. You will avail the details about the rate of interest just by visiting the bank authorities.

Security to be submitted

For getting the loan, it is necessary to submit particular security to the bank. The security to be submitted by you to the bank is based upon some specific factors. The factors include:

  • In case your salary gets rooted through the bank then you do not need to submit any sort of security.
  • In case your pension for the salary is not rooted through the Indian overseas bank, and then it is important to secure the loan completely with the help of collateral. In this process of the loan, there is no need to have any sort of third party guarantee
  • If you are willing to submit your immovable property as a security, then it can also get considered by the bank.

Other Conditions to be fulfilled

There are some specific conditions that are necessary to be fulfilled. The major condition is that the applicant of the loan must be the legal guardian, father, mother or spouse of the aspirant. Apart from this, the individual applying for the loan must have regular and verified income and also have the capacity to repay the loan. In case, the student has an independent income then also he can become the applicant for the loan. The loan can also get extended for meeting the needs like the fees of the spouse, daughter or son as well.

Documents for Applicant (student)

The applicant needs to submit the following documents:

  • PAN card
  • Address proof (Aadhar/ Voter-ID/Driving license/ Passport/ Any other document as asked by the bank)
  • All mark sheets and certificates (From Class 10th to the Last Qualifying examination)
  • Admission letter from the institute
  • Scorecard (If any merit list or exam held)
  • Fee Structure of the institute

Documents for Co-applicant (parents)

  • PAN card
  • Address proof (Aadhar/ Voter-ID/Driving license/ Passport/ Any other document as asked by the bank)
  • Income proof (ITR/ Form 16 for two years)
  • Salary slip of last three months (for all those who are salaried)
  • Six months bank A/C statement

Final words

Hence these are the details that you must consider if you are willing to get a career dreams  loan from the Indian Overseas Bank. The above-given details will definitely help you out in making the process simpler.

 

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IOB holidays list 2020 [ Bank holidays ]

Indian overseas Bank will remain closed for all public and national holidays and as well as it will be closed during religious festivals. This differs for each and every States which has its own regional festival and it is suitable for every particular state branches. And then for every month 2nd and 4th Saturday will be closed which is common for all the branches.

List of holidays for IOB

  • 1st January 2020 for New Year.
  • 15th January 2020 for pongal.
  • 26th January 2020 for Republic Day holiday.
  • 30th January 2020for Vasant Panchami.
  • 21st February for Mahashivratri.
  • 10th March 2020 for Holi.
  • 25th March 2020 for Ugadi.
  • 6th April 2020 for Mahavir Jayanti.
  • 10th April 2020 is a Good Friday holiday.
  • 1st May for May Day.
  • 31st July 2020 is declared as a holiday for Bakrid.
  • 3rd August 2020 is a holiday for Raksha Bandhan.
  • 11th August 2020 for Janmashtami.
  • 15th August 2020 is declared as an Independence Day Holiday.
  • 30th August 2020 for Muharram.
  • 2nd October is declared as a Gandhi Jayanti holiday.
  • 26 October for Vijaya Dashami.
  • 30th October 2020 for Eid E Milad
  • 31st October 2020 for Maharishi Valmiki Jayanti.
  • 14th November 2020 is declared as the Diwali holiday.
  • 25th December 2020 for the Christmas holiday.

These are the list of holidays in which Indian overseas Bank will be closed during these days. It is advised for the customers to do prior alternative arrangements for the fund transaction flow.

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IOB Vehicle Loans for 2, 3, 4 Wheelers – Pushpaka

Are you dreaming of your car? If yes IOB Vehicle Loans will take you on the perfect ride. Owning a car is the dream of the majority of the people, but surely not all of us can continue it. The reason is the lack of finance or inadequate budget planning. Cost-cutting is surely a thing that can help you in achieving your dreams. But is it alone being quite enough to go? Surely not. One needs to take the help of some bank or financial institute to fulfill their dream of a car. Indian Overseas Bank provides users the facility of getting secure and low-interest rates in the market. Trust and reliability are the two wonderful factors that you will enjoy at IOB Vehicle loans. If you have some queries in your mind the article will serve as a great guide for you.

vehicle loans

Eligibility Criteria for Indian Overseas Bank Vehicle Loan

The parameters for salaried professionals and self-employed changes a little bit. If you are looking forward to having IOB vehicle loan you need to pass on the eligibility criteria of:

For salaried professionals

  • He/She needed to be in the age group between 21 to 58
  • His/Her income should not be less than that of 1,00,000 per annum
  • He/She needed to be a particular employer for at least one year and should also need to have an overall experience of two years

For Self-Employed

  • He/She needed to be in the age group between 21 to 65
  • He/She needed to have a minimum net profit of Rs. 60,000 for standard cars and for premium and mid-sized cars it should be in between 1,00,000 per annum
  • He/She needed to be in the business for about three years.

Documentation required for IOB Vehicle Loan

Be prepared with the following documents if you are seeking a vehicle loan from Indian Overseas Bank. The documents being mentioned here are valid for both salaried and self-employed professionals.

  • Duly filled and signed application form
  • Income proof
  • IT returns or assessment order
  • Address proof such as PAN card, Voter ID card, Passport, Ration card or Driving license, etc.
  • Age proof
  • Resident proof
  • Two passports sized photographs of the applicant

Factors affecting IOB Vehicle Loan

The interest rates of the IOB Vehicle loan usually get changed from time to time. If you are willing to know what they are, here makes a quick look at these:

  • The amount you used as a down payment is one of the basic factors that affect the amount of IOB vehicle loan as well. Higher will be the down payment lower will be the interest rates you will get here.
  • The amount of the car loan also depends upon the condition of the car as well. The interest rates will be lower to the new cars as they would have considerably less risk. Whereas the interest rates will be higher on pre-owned cars.
  • A credit score is a self-explanatory factor for the IOB vehicle loan. It usually reflects your repayment habits and hence ultimately affects your IOB vehicle loan as well.
  • The loan tenure of the car loan also affects the interest rates of Indian Overseas Bank. Shorter will be the period of car loan you are looking for lower will be the interest rates and vice versa.
  • The ration of the individual expenses and the gross income of the loan seeker also puts on a greater impact on the IOB vehicle loan.
  • Employment status and tenure of the car loan also puts on an impact on the IOB vehicle loan.
  • The previous dealing of the bank can also affect the rates of Indian Overseas Bank a lot.

Features of IOB Vehicle Loan

Indian Overseas Bank is well known for providing effective and faster vehicle loans on low-interest rates. The car loan being provided by IOB is also known as the Pushpaka car loan scheme. It is a wonderful platform where one can easily enjoy several repayment options such as easy payments and other benefits. If you are willing to know in deep about IOB vehicle loan, here are the top most features of it

  • One can easily get car loan for about 90% of the ex-showroom price and can also get a minimum loan for Rs. 1 Lakh also.
  • The maximum repayment tenure for the IOB vehicle loan is about 7 years. It means that you will have maximum time to own a car completely.
  • Processing fees for Rs. 2.5 lakh is about Rs. 2825 and Rs. 3850 for a loan of about Rs. 4 Lakh and that is quite low as comparison others in the market.
  • IOB does not add any foreclosure charges for the IOB car loan.
  • The late payment penalty for the IOB vehicle loan is only about 2% per month.

FAQs:

Can I get an IOB vehicle loan on two-wheelers also?

Yes. IOB provides the facility of getting loans on all kinds of vehicles. One can easily get an IOB vehicle loan on two-wheelers as well unless it is a newer one.

Who are applicable for an IOB vehicle loan?

IOB offers vehicle loans for both Indian as well as Non-Indian residents as well. You just need to be eligible as per your employment status whether you are self-employed or own a business.

Are the processing charges for IOB vehicle loan changes as per the location (Rural or Urban)?

Yes. The total processing charges for both two-wheelers and four-wheelers changes as per rural and urban areas. Rural areas are usually charged with low processing costs whereas the cost for urban areas is usually higher.

What is the interest rate structure for the IOB vehicle loan?

IOB usually follows the government guideline and possess vehicle loans accordingly.

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IOB GOLD Loan Eligibility Criteria and How to Apply for Jewel Loans

Gold can turn to be your true partner if being used perfectly. If you are currently going through some harsh times, why not use your gold to get some loan on it. Indian Overseas Bank provides users the opportunity of taking a loan against gold. The bank usually provided you loan by taking gold as security and it is absolutely the bank’s responsibility to take care of the borrower’s gold. Trust and reliability are the two basic terms that you must appreciate here. IOB Gold Loan service is the best way to get funds in response to the security of your gold. Isn’t it seeming to be surprising? If you still have some queries, just go through the given guide very carefully to let the things easily happening for you.

vehicle and gold loans

Eligibility Criteria for Indian Overseas Bank Gold Loan Eligibility

People who are willing to get IOB gold loans should need to pass the eligibility criteria of:

  • He/She needed to be in the age group between 18 to 70 years
  • He/She needed to be a citizen of India
  • Employment Status is not an aspect to consider on
  • Gold that borrower is going to get the loan on should be needed to be absolute as pe quality and quantity
  • One cannot exceed the limit of 1 Crore on IOB Gold Loan

What are the interest rates of IOB Gold Loans 2020?

One of the best things about the Gold loan is that it includes a very lower interest rate. IOB gold loans are the symbol of security and affordability where one can easily get loans lower to market interest. The IOS gold loans usually get changed accordingly. It is readily available at a rate of 1% PM interest rate. Moreover, the processing speeds are also quite low here and the pre closer charges also range from zero to two percent only. You are free to check out and compare other services before finalizing your IOS gold loan decision.

Why opt for Indian Overseas Bank Gold Loans?

If you are currently facing the lower situation and are willing to have some financial security, just get a loan from Indian Overseas Bank on your gold. It is the best way one could improve your financial status without making many efforts. We are preferring here to opt for IOS gold loans instead of personal loans as these loans usually comprise of lower interest rates.

IOS takes absolute care of your gold asset and will be supposed to be safer than your jewelry in a bank locker. You don’t need to pay charges for the safety of your gold. You will get funds and security of gold simultaneously. If you still have queries in your mind here are some quick points that will help you in knowing much about IOS gold loans.

  • Easy applying process
  • Easy document verification
  • Absolute funding and extremely caring of gold simultaneously
  • Lower interest rates
  • Doesn’t need to verify the reason before applying for the gold loan

What kind of gold is acceptable at IOB gold loans?

Indian Overseas Bank follows up a particular guideline to ensure the perfect security of both banks and borrower’s interests. Gold is used for a loan is properly checked out before sanctioning the loan process. The basic criteria of gold for IOS gold loan is:

  • Quality of the gold should lie in between 18 to 22 carats
  • Minimum of 50 grams of gold is being required for applying for gold loan
  • Minted or forged gold coins are not accepted
  • Bar and bricks are not available for IOS gold loans
  • Raw gold is also not being used for IOS gold loans

Documentation required for Indian Overseas Gold Loan

Keep your documents ready before applying for Indian Overseas Gold Loan. The documents that are being required at the time of IOS Gold Loan application are:

  • Address proof or applications such as Aadhar Card, PAN Card, Ration Card, Driving License, Voter Card, etc.
  • Identity Proof
  • Signature Proof
  • Two passports sized colored photographs

How to apply for IOS Gold Loans?

Applying for Indian Overseas Gold Loan is not a tough process. It will hardly take your few minutes to accomplish. The best thing about the IOS gold loan is that you don’t need the security of the gold here. The only things that you have to do while applying for IOS Gold Loans are:

  • Launch the official website of Indian Overseas Bank.
  • Fill in the application form online being present there.
  • You will receive a call back from the relationship manager and will assist you through the entire process.
  • Check out the eligibility criteria for the IOS gold loan.
  • Submit all of the documents requires including proofs in the bank.
  • It will take a few minutes to complete the process.
  • Once done, your required credit will be credited to your account.
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How to use IOB USSD code banking services

IOB Bank that provides an excellent mobile banking services which will be very useful for the customers to check and do the following transactions of mini statement, credit card, payment, stop cheque payments, ATM card blocking, loan and deposit view payments, bill payments, status of the cheque, fund transfer from one bank to the another, transfer of fund through NEFT and IMPS, etc.

USSD BANKING

This provides an excellent banking service 24/7 and it is very convenient for the customers to clarify all the information’s from their place through the use of mobile phones. This feature is available in all the Indian overseas Bank branches it is suitable only for the valid operative account it is one of the very easiest processes and user-friendly.

About USSD and its purpose

Unstructured Supplementary Service Data is an expansion of USSD that helps the customers use their mobile banking system without any internet or data connection through the code *99#. The main objective of introducing this USSD is to receive the financial inclusion of the society and also it will help to integrate into the main banking system.

It is a very good technology that is introduced to collect all the information that are transmitted through a GSM network that is even through a basic mobile phone with the help of the SMS facility.

USSD is an application platform that is available in all IOB mobile banking systems the various services that are provided in USSD balance inquiry, generate OTP, fund transfer through IMPS, mini statement, change of Mpin number my MMID. These are the useful information in which you can receive through USSID services.

Some of the benefits and features of USSD are these works entirely without the help of data connection on a basic mobile. It is very easy to use in a secure interface process. It works in all GSM handsets. The process of transferring money by using USSD code is very easier and secure.

Services available with USSD

There are plenty of services that are available by using USSD financially and non-financially. By financially you can transfer funds with the help of account number Aadhar card and MMID code. With the help of non-financial service that helps to generate OTP generation, balance inquiry, mini statement, and change of Mpin and generation.

USSD code is very useful for transferring money to another account let us see the steps that are followed by using MMID and mobile number

  • Initially, you have to register your bank account number with the registered mobile number and then you have to dial*99#.
  • Just interface 3 letters of bank name which is represented in a short way and then you have to enter the first four letters of your IFSC Bank code then 2 digits of bank numeric code and then you can proceed to send.
  • You have to choose the number to transfer money and then you can proceed with the payment of beneficiary mobile number.
  • Next step you have to choose the transaction amount to the beneficiary and then enter Mpin of the last four digits which is available of your bank account number.

Transferring money by using USSD code, IFSC code, and bank account number.

  • Dial *99# with the help of your registered mobile number.
  • Then continue with the short term three-letter Bank name and then 4 digits of IFSC code then two-digit numeric codes that are represented in your bank card.
  • And then you have to choose the fund transfer by using IFSC code and through mobile number.
  • Enter the beneficiary account number to transfer the amount by using IFSC.
  • Enter your pin and last 4 digits of your account number and you will receive a confirmation message in your screen.

How to use USSD service

USSD is a popular technology in which the information are transmitted with the help of a basic GSM network and this service is particularly available on all mobile phones with the help of the SMS facility. The simple form of interaction you can use this technology by typing*99# in your basic mobile phones. This helps to transfer payments and also you can receive account details to say in a simple word it is excellent mobile banking service.

Conclusion

USSD is an excellent platform that works in basic GSM mobile phones with the help of the SMS facility and the menu is really interactive by providing the USSD code service. Customers are really satisfied in this facility and it is completely free of charge for the IOB customers.

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IOB SMS Banking Registration and Usage Process

Indian Overseas Bank is a popular public sector bank that was established in the year 1937 on 10th February, headquarter is situated in Chennai. The popular IOB bank offers various financial and banking services which include credit cards, investments, deposit payments, loans etc… This bank offers you plenty of features and the customers can easily visit the banking through online services by using net banking websites and even through mobile applications.

iob sms banking number

About SMS banking

Indian Overseas Bank customers can easily check their account balance in the form of requesting through a message, that is they can send an SMS from there register mobile number to a common SMS banking IOB number 8424022122.

And in this number, you have to send the detail format as “BAL account name’’ which is exactly represented in your bank and then you have to send this SMS to the mobile number. Automatically the bank will reply to you the balance account details through SMS.

There is also another alternative procedure for receiving your bank balance details just dial to the number 04442220004 in your register phone number within a few rings your call will be automatically rejected and the bank will immediately respond to you with your bank balance details through SMS. An important note over here is only through the registered mobile number you can receive the SMS of your bank details.

Features

Indian Overseas Bank has designed with amazing features and it is really user-friendly let’s see some of the features of IOB SMS banking systems are

  • This bank is really user-friendly and it is available to the customers anytime by the registered mobile number to clear all the details through the mobile banking system.
  • You can easily track your account details through the clock.
  • Plenty of facilities are available with established designed formats through SMS services.

Registering for SMS banking

If you haven’t still registered your mobile number with your bank it is advisable to register your personal mobile number to the bank to receive all the details regarding your account.

This process will be very easier to receive the account details then and then. You can approach your nearest branch and there you have to fill the mobile banking application form which will be available in the bank just fill it and submit it over there. After the employee reviewing the details of the mobile banking service immediately, this will be activated to your number. You will receive an SMS regarding that your mobile process has been activated and it is connected to the IOB SMS banking services.

And now you can easily link to the bank and you can receive all your information and also you can login to the internet banking sector which will be very easy for the transaction.

How to use IOB SMS banking Service

Here is the few steps should be followed if you need to activate your SMS banking in your mobile. For Indian overseas mobile banking customer’s application product is activated and you can follow these steps for your reference.

Transaction

Tag Description

Balance enquiryBAL /space/ last 4 digit Account Number e.g: BAL  1234
Mini StatementMINI /space/ last 4 digit Account Number e.g: MINI  1234
Get your MMIDMMID
  • Initially, you have to download the IOB mobile banking system service from your application store that is from Google play store.
  • Then just open the application and enter your registered number which is given in the bank and m pin number.
  • Just click to generate OTP, the OTP will be received in your registered mobile number. Verify the OTP for activation.
  • After OTP verification a message will be displayed as successful verification on the screen and then you have to re-enter the system to enter the login password and then submit.
  • Immediately a message will be displayed on the screen that you have successfully created mobile banking system with a password on your mobile. Here you can receive plenty of information through this service.
  • And then when you enter your password just accept the conditions which are given below and log in to the mobile banking services and here you can easily clarify all the information’s regarding your account details.
  • This is one of the easiest methods or you can just fill the application form in your nearest IOB store after the registration process is completed a mobile welcome kit will be provided from the bank with the PIN number you can just use this service easily.

Conclusion

After successfully registering your mobile number with IOB banking service you can easily check all your details by receiving the mini statement of transferring funds in your mobile app easily within a minute.

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How to Block IOB ATM/Debit Card

Indian Overseas Bank is one of the leading banking services in the Indian sector. With advanced facilities and constant efforts to maintain customer satisfaction, you can easily obtain the best from the bank always.

block iob atm/debit card

It is possible for everyone to lose their wallet or debit card in their lifetime. Few lost things might not be so valuable that they can be left after. But in case of a lost debit card or debit card, it is mandatory to report it to avoid money loss. Ignorance for valuable things might result in heavy paybacks. For our IOB customers, we listed out the best possible solutions below to make themselves be on the safe side.

Steps to be taken in case of lost ATM/debit card

It is very much recommended to block the card by following either of the process listed. Although one can prefer changing pin but it’s no so reliable.

  • Change Debit Card Pin
  • Block the card ( recommended )

Change debit card pin through ATM

  • Pay A visit to the nearest IOB ATM machine and you need to carry your debit card along.
  • You will be expected to input the pin of the card after swiping in the machine.
  • You will get an option to change the pin after you have just entered the old pin number.
  • Choose the options to change the pin number 
  • Input a new pin together. You will receive an OTP in your registered mobile number that needs to be verified.
  • Right after the verification, you can withdraw the ATM card and start using the pin that you have set.

Change pin via net banking

To change the pin for your internet banking follow the below procedures

  • Login to Your Internet Banking account
  • Go to “Edit Profile”
  • Select “Change Pin”
  • Enter the current pin and new pin in appropriate fields and click on “submit”

Block IOB Debit card by visiting the branch

  • Visit the nearest IOB branch and meet the concerned executive.
  • Request them to block your ATM card and you will be expected to provide your account details and verify your ID.
  • Eventually, you will receive a confirmation message from the bank on your registered mobile number after the ATM card has been blocked.

Block IOB ATM card through customer care

  • Dial 1800 425 4445 from the registered IOB mobile number and pay attention to the IVR instructions.
  • Choose the option to block the ATM card.
  • The executive will eventually ask you for all the account details. The verification on the telephonic conversation will take place. 
  • After verification, you will receive a confirmation message in your registered mobile number and the ATM card will immediately get blocked.

Block IOB ATM/debit card using the Net banking 

As long as you have IOB Internet banking services activated for your account, it becomes very easy to block the ATM / debit card within just a few minutes.

  • Visit official Overseas net banking website and input your account login credentials.
  • Choose for IOB card option and pick the suspend debit card option situated on the right-hand side of the screen.
  • Input your account number and request the branch to block your IOB ATM card right away.

After your IOB card has been blocked, nobody will be able to use it by any means. The new ATM card will be issued on a payment of some fee. Also, You will be given a new pin number in the new reissued ATM card.