The Indian Overseas Bank (IOB) has opened a new branch in Sirumugai, Tamil Nadu, India. The new branch was inaugurated by R. K. Sankaranarayan, General Manager, IOB, and other senior officials of the bank. The new branch aimed to provide banking services to the local residents and cater to their financial needs. The new branch has modern banking facilities, including ATM, internet banking, and mobile banking, to ensure seamless transactions. The branch will also provide retail and corporate banking services, including loans, deposits, and other financial products. The IOB has a significant presence in Tamil Nadu, with over 40 branches and over 150 ATMs across the state. The new branch is expected to benefit the local community, reducing their dependence on distant branches and providing them with easy access to banking services. The IOB has been at the forefront of banking services in the country, with a strong presence across the country and a customer base of over 22 million. The new branch is a testament to the bank’s commitment to expanding its reach and serving the financial needs of the country’s citizens.
Source: https://www.afternoonnews.in/article/new-branch-of-indian-overseas-bank-sirumugai