Indian Overseas Bank introduces ‘My Account My Name’

Indian Overseas Bank introduces ‘My Account My Name’

Daily Current Affairs / Indian Overseas Bank introduces ‘My Account My Name’

Change Language English Hindi

Category : Business and economics Published on: June 16 2023

Share on facebook

Indian Overseas Bank (IOB) has introduced a scheme that lets customers choose any name as their savings account number with the Chennai-based lender.
The bank’s managing director and chief executive officer Ajay Kumar Srivastava launched the scheme called ‘My Account My Name’ virtually from its Central Office in Chennai. The scheme will be available at all 49 regional offices of the IOB in India.
As per the scheme, the account name can be a combination of seven letters, or seven numbers, or seven alphanumeric only like AJIT007, PRADHAN, or 2424707 etc.
Customers will not be required to remember their 15 digits account numbers.
To begin with, the scheme is available for IOB SB HNI and IOB SB SALARY account customers.

Recent Post's

Pakistan shuts airspace and halts trade with India post-Pahalgam attack.
Read More....
BHIM app introduces UPI Circle feature with partial delegation.
Read More....
Pakistan terms diversion of Indus waters as ‘act of war’, threatens Simla Agreement abeyance.
Read More....
Tamil Nadu bans raw egg-based mayonnaise for a year due to health risks.
Read More....
Sports certificates now available via DigiLocker: Launched by Union Minister Mandaviya.
Read More....
World Bank revises India’s 2025-26 GDP growth forecast to 6.3%.
Read More....
US imposes fresh sanctions on Iran’s energy sector amid nuclear talk uncertainty.
Read More....
Klaus Schwab resigns as WEF Chairman after five decades; interim chair appointed.
Read More....
UNESCO adds 16 new Global Geoparks, bringing total to 229 across 50 countries.
Read More....
World Immunization Week (April 24–30) promotes vaccine awareness to protect all age groups.
Read More....