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iob_bank_regular_sb_account

Page Last Updated (date and time):16-04-2026 06:16 PM
Regular SB Account
   
Eligibility Individuals, Joint accounts, Clubs, associations, trusts, Govt. Bodies, societies (including co-operatives), educational institutions, associations and other non-trading organizations.

Minors who have completed ten years of age can apply in their names.
Minimum Balance Quarterly Average Balance Requirement

Accounts with Cheque Book:
Metro & Urban: Rs. 2,000/-
Rural & Semi Urban: Rs. 500/-
Pensioners: Rs. 250/-

Accounts without Cheque Book:
Metro & Urban: Rs. 500/-
Rural & Semi Urban: Rs. 100/-
Pensioners: Rs. 5/-
Charges for Non-Maintenance of Minimum Balance Waived (with effect from 01.10.2025)
Requirements for Opening Account Duly filled Application Form, Proof of Identity, Address Proof, Passport size photograph.
Interest Rate Savings Bank Interest (Click here)
Interest Payment Interest is paid on daily product basis.
Loan Against Deposit Not Permitted.
Benefits
  • International VISA / MASTER / RUPAY Debit Card
  • Instant Credit of Outstation Cheque upto Rs. 15,000/-
  • Internet Banking & Mobile Banking facility
  • Nomination facility
  • Standing Instruction facility
  • Speedy transfer of funds
  • Insurance Products
  • 10 cheque leaves free per annum.