What are the Indian Overseas Bank Timings?

Founded in 1937  by Mr M. Ct. M. Chidambaram Chettyar and later nationalised in 1969, Indian Overseas Bank ( IoB) is one.of prominent public sector undertaking with the Government of India being its majority stakeholder with its share pegged at 96.38%.

Headquartered in Chennai, the bank has a strong domestic presence with a network of  3,221 domestic branches, 4 overseas branches across Singapore, Hongkong and Bangkok.

With an asset base of ₹2.74 lakh crores, IoB offers a comprehensive set of solutions through traditional and digital channels.

For example, IoB's netbanking offers a wide array of solution such as :

  • Balance enquiry
  • Last Few transactions
  • Account Statement
  • Cheque Paid Status
  • Deposit Opening
  • Deposit Closure/Deposit Renewal
  • Transfer money to any of your bank accounts

which can be availed 24*7 , without visiting your bank branch. 

However, if you have an offline/ physical account with IoB, you need to visit your bank branch to avail services related to passbook printing, account opening, cash deposit and withdrawal, cheque clearing, remittances and government transactions, and note exchange etc.

Whether you opt for a traditional banking account or digital or a blend of both, it is very critical that you are aware of your bank's working timings, its holiday list in advance so that you are better prepared to schedule your banking activities and handle emergency situations.

Let us take a look at IoB's working hours and holiday list.

IoB's Working hours and working day timings:

Working day   Working timings
For week days  [Monday to Friday] 10:00 AM to 5:00 PM
1st, 3rd and 5th Saturday of Month               10:00 AM to 5:00 PM
2nd and 4th Saturday of Month Closed
For all Sunday   Closed
Lunch  time      employees take  turns  to minimise

disruption of services,  between 1PM to 2:30 PM


NEFT transfer   Working timings
For weekdays Monday - Friday 8.00 am to 7.00 pm
Saturday     8.00 am to 1.00 pm
2nd and 4th Saturday of every month      Closed
All bank holidays Closed


RTGS transfer    Working timings
For weekdays Monday – Saturday 8.00 am to 4.30 pm
2nd and 4th Saturday of every month Closed
All bank holidays  Closed


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