Indian Overseas Bank is a well known bank in India. A lot of the people in India prefer to have a bank account in Indian Overseas Bank. However, people may like to transfer their Indian Overseas Bank Account to another branch due to temporary or permanent relocation to another location. Using this procedure, you can transfer Indian Overseas Bank Account in another city or state, or the same city.
Branch Transfer in Indian Overseas Bank is a free of cost process. This article mentions the steps to be followed in order to transfer your IOB Account to another Branch. The process takes not more than 10 mins of yours!
How to Transfer Bank Account to another Branch in Indian Overseas Bank ?
If you already have a Bank Account in IOB in any Branch located in India, you can follow the steps mentioned below to get your Bank Account transferred to another Branch.
(1) Visiting the Indian Overseas Bank Home Branch with Required Documents
To transfer your IOB Account, you first need to visit the home branch i.e., the Branch where you have your Bank Account.
Do remember to carry the documents mentioned below before visiting the Branch :
(a) An application to the Branch Manager mentioning your Account Details and that you want to change your Branch. Do check your details on your Application like Name on Account, Account Number, Old Branch and New Branch.
(b) Copy of Address Proof (If you want to Change your Address on the Account). You can submit a copy of Address Proof documents like Aadhaar Card, Voter ID Card, Passport, Bank Passbook etc.
(c) Copy of Pan Card.
(d) Original Bank Passbook (Not Mandatory). Just in case the Bank Officials ask for you Bank Passbook, you must carry your Bank Passbook with you.
(2) Handing over the Documents to the Branch Manager in Indian Overseas Bank Home Branch
After checking all your documents, you need to self attest(Put your Signature) on the your Address and ID proof (PAN Card) documents. Hand over these documents to the Branch Manager of Indian Overseas Bank along with the Application of Branch Change. Show your Bank Passbook to the Branch Manager if asked for it.
(3) Visiting the New Branch and Completing the Formalities
Usually within 1-3 days time your home branch will transfer your IOB Account to the new Branch. Finally, you need to visit your New Branch(Where your account has been transferred). You can confirm if your Indian Overseas Bank Account has been transferred or not. Once confirmed, you can update your Address on your Bank Passbook (If you have shifted to a new Address).
This is the complete process to Transfer Bank Account in Indian Overseas Bank. If you have any queries or doubts, you can leave your comments below.
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