IOB is a well-reputed bank and offers customers various fixed deposit (fd) scheme options with a wide range of interest payout options. The interest rates are competitive and the tenure range is flexible. One can apply for an IOB fd online by following a few simple steps that are given below.
All IOB fd holder will be eligible to avail a loan of up to 90% on their term deposits. The bank also offers variable tenure options that range from 6 to 120 months.
The minimum investment amount that needs to be made for IOB term deposits is Rs.1,000. There is no ceiling on the maximum amount that can be invested under this scheme.
Step 1: Log on to the IOB website and login to internet banking by providing username and password
Step 2: Go to 'Deposit' and click on 'Open Deposit' to open a new fd account
Step 3: This will allow the customer to go to the 'Request for New Deposit' page. Then click 'Go'. Here fill all relevant details
Step 4: Verify details and click 'Confirm'
Identity proof:
Address proof:
All IOB customers are eligible to avail internet banking services
Yes. The same can be done by visiting the branch, filing an application form and furnishing relevant documents.
Yes. It is required to have a valid internet banking id and password to open an fd online.
Yes. Premature withdrawals can also be made online. The money will be credited to the customer's savings account.
Yes.
Credit Card:
Credit Score:
Personal Loan:
Home Loan:
Fixed Deposit:
Copyright © 2025 BankBazaar.com.