Indian Overseas Bank Increases Interest Rates On Deposits.

Chennai, April 10, 2023: Indian Overseas Bank, one of the leading Public Sector Bank has hiked the interest rates on Rupees Retail Term Deposits up to 40 bps effective from April 10, 2023.

Depositors will get interest rate up to 8.00% by opening term deposit for period of 444 days with Indian Overseas Bank.