Indian Overseas Bank has rolled out 55 branches as ‘Retail Mart Branches’ on pan-India basis, of which five has come up in Delhi. The branches are functioning with exclusive retail loan desk for processing, sanctioning and documentation of the loan. Mobilisation and quick disbursement of retail loans, namely, housing, vehicle, education and loan against property will be the specific focus area of these branches.
Indian Overseas Bank is a pioneer in many fields - Banking, Insurance and Industry with the twin objectives of specialising in foreign exchange business and overseas banking.