In today’s digital world, online banking has become an important part of our lives. Indian Overseas Bank (IOB) offers a range of convenient and secure net banking services to its customers. With IOB net banking, you can easily access various financial services, including instant balance enquiry, fund transfers, bill payments, and much more. In this comprehensive guide, we will walk you through the process of registering for IOB net banking and logging in to your account. So, let’s get started!
IOB Net Banking Services
Before we delve into the registration process, let’s take a look at the wide range of services that IOB net banking offers:
- Instant account balance enquiry
- Seamless transfer of funds across banks
- Availability of a copy of the mini statement
- Fund transfer using NEFT, IMPS, etc.
- Generate, retrieve, and cancel MMID
- Pay for foreign inward remittance
- Pay your bills like phone, electric bill and DTH bills.
- Track your cheque and other payment status
These services provide you with the convenience and flexibility to manage your finances efficiently.
Ways to Register for IOB Net Banking
IOB offers four different methods to register for net banking. Let’s check how many way to register in detail:
1. Registration Using OTP
The first method involves registering for IOB net banking using a One-Time Password (OTP) received on your registered mobile number. Follow the steps below:
- Navigate the Indian Overseas Bank Net Banking official website.
- On the homepage, click on the “Registration” button for new users.
- Enter the necessary personal and financial details.
- Set a login ID and login password that you can easily remember. Once done, you will receive an OTP on your registered mobile number or Email.
- Enter the OTP to complete the registration process.
2. Registration Using Welcome Kit
Another way to register for IOB net banking is by using the login ID and password provided in the welcome kit upon opening an IOB savings account. Follow these steps:
- Navigate to the website of Indian Overseas Bank.
- On the menu bar of the homepage, click on the “Internet Banking” option.
- A customer awareness page will appear. Click on the “Continue” button.
- You will be automatically redirected to the “Individual Login” option.
- Select the “New User-Register” option available on your screen.
- Enter your Login ID and preferred password. Re-enter the password to confirm.
- After filling out the necessary details, click on the “Submit” button.
3. Registration Using ATM
IOB also provides the option to register for net banking using your ATM card. Here’s how you can do it:
- Visit the nearest branch of the Indian Overseas Bank ATM.
- Insert your ATM card and enter the PIN.
- Click on the “Services” option on the main menu bar.
- Select the “Mobile Banking Registration” option.
- Follow the instructions displayed on the ATM screen to complete the registration process.
4. Registration Using Phone Banking
If you prefer a more convenient method, you can register for IOB net banking using phone banking. Here are the steps to follow:
- Call 18004254445 to contact IOB customer care.
- Provide them your Telephone Identification Number (TIN) and customer ID.
- The customer care executive will process your net banking request. Once the verification is completed, you will receive your net banking password by courier.
Logging in to IOB Net Banking
Once you have successfully registered for IOB net banking, you can easily log in to your account whenever required. Follow these steps:
- Navigate to the official website of IOB e-banking and locate the “Personal Banking” option. Click on this button to be directed to the personal banking page.
- Tap on the “Internet Banking Login” page to access the login page.
- Enter your User ID provided by the bank and the password you have set.
- Answer the security question displayed then click on the “Submit” button to login to your net banking account.
In case you forget your password, IOB provides a hassle-free process to reset it.
Resetting IOB Net Banking Password
Forgetting a password is a common occurrence, and IOB has made it easy to reset your net banking password. Follow these steps:
- Navigate to the official website of IOB Net Banking.
- Select the “Personal Login” option and click on the “Forgot Password” button.
- Enter your IOB account number and login ID, and click on the “Submit” button.
- You will be directed to a new page where you need to enter your email ID and CAPTCHA code.
- Click on the “Continue” button to receive an OTP on your registered mobile number.
- Enter the OTP and set a new password. Re-enter the password to confirm.
- Click on the “Save” button to complete the password reset process.
Checking IOB Account Balance Online
One of the key advantages of IOB net banking is the ability to check your account balance online. Here’s how you can do it:
- Log in to your IOB net banking account using your credentials.
- Move to the “Accounts” tab on the homepage.
- Click on the “Accounts Summary” option to view the list of accounts.
- Select the account whose balance you want to check.
Once done, the outstanding balance of your account will appear on the screen.
Transferring Money via IOB Net Banking
IOB net banking allows you to transfer money conveniently. Follow these steps to transfer funds:
- Navigate to the official website of IOB net banking.
- Log in to your account using your net banking credentials.
- Go through the “Payments” section and click on the “Fund Transfer” button.
- From the dropdown menu, select the appropriate option, such as “Transfer to Self-Account,” “Transfer within IOB Accounts,” or “Transfer to Other Bank Accounts.”
- Enter the details of the fund receiver, including their name, account number, IFSC code, and transfer amount.
- Review the entered details and click on the “Transfer” button.
- You will receive an OTP on your registered mobile number. Enter the OTP to authenticate the transaction.
After the completion of the transaction, you will receive a notification regarding the amount debited from your account. It’s important to note that there are certain limits on daily transactions and associated charges.
Daily Limits and Charges for IOB Net Banking
IOB imposes certain limits and charges for different modes of fund transfer. Here’s an overview:
| Mode of Transfer | For Amounts Below ₹10,000 | For Amounts Between ₹10,000 and ₹1 lakh | For Amounts Between ₹1 lakh and ₹5 lakh |
| NEFT | ₹1 | ₹3 | ₹19 |
| IMPS | ₹2.50 | ₹5 | ₹15 |
| RTGS | NIL | NIL | ₹24 |
These charges should be taken into account when making transactions.
Paying Credit Card Bills via IOB Net Banking
IOB net banking also allows you to conveniently pay your credit card bills. Here’s how you can do it:
- Visit the IOB net banking website and log in using your credentials.
- Add your credit card as a beneficiary to your net banking account.
- Make the payment for your credit card bill.
Apart from the services mentioned above, IOB net banking offers various features that can be advantageous for customers.
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IOB Net Banking Features
Let’s explore some of the exclusive features of IOB net banking:
- Instant bank transfers to your account and other bank accounts.
- Immediate visibility of account balance, statements, and transaction history.
- There are Fund transfer modes such as NEFT, RTGS, and IMPS.
- Secure online transfers for eCommerce purchases.
- Convenient bill payments for utilities such as water, electricity, telephone, and mobile bills.
- Easy access to FD account statements and investments.
- Viewing outstanding balances, loan statements, and paying monthly installments.
- Investing in government schemes, mutual funds, and purchasing insurance.
These features enhance the overall banking experience for IOB customers.
IOB Net Banking Customer Care
In case you encounter any issues while using IOB net banking, the bank’s customer care is readily available to assist you. Here are the contact details:
- Toll-free number: 1800 425 4445
- Customer care department numbers: 044-28519568, 044-28525496, 044-28587353
Additionally, there are specific contact numbers and email IDs for different issues such as UPI or BHIM-related issues, NEFT or RTGS-related issues, IMPS-related issues, and internet banking or mobile banking-related issues. You can also visit the IOB headquarters at the physical address mentioned below to register a complaint:
Postal Address:
Central Office
763 Anna Salai,
Chennai – 600002
Phone: +91 044 2852 4212
Conclusion
IOB net banking provides a convenient and secure way to manage your finances. By following the registration and login procedures outlined in this guide, you can access a wide range of services, including fund transfers, bill payments, and account balance enquiries. With its user-friendly interface and comprehensive features, IOB net banking is a valuable tool for customers. So, register for IOB net banking today and enjoy the benefits of online banking at your fingertips.