Indian Overseas Bank Tamil is a major public sector bank based in Chennai, with about 3700 domestic branches, including 1150 branches in Tamil Nadu, 3 extension counters, and eight branches and offices overseas as of 30 September 2014.


Deposit Rates (less than 2 crore)

  Rate of Interest
7 days - 14 days
3.00 %
15 days - 29 days
3.00 %
30 days - 45 days
3.00 %
46 days - 60 days
3.75 %
61 days - 90 days
3.75 %
91 days - 120 days
4.00 %
121 days - 179 days
4.00 %
180 days - 269 days
4.50 %
270 days -< 1 year
4.50 %
1 yr - < 2 yrs
5.45 %
444 days
5.60 %
2 yrs to 3 yrs
5.45 %
> 3 Yrs to above
5.60 %
* Interest rates last updated on 15th Sep 2022