IOB transfer money service is available to all customers who have an account with the bank. Using this facility customers of IOB can instantly transfer money to anyone in India. Fund transfer can be directly initiated on mobile phone and money will be deposited in beneficiary’s account in real-time.
With the help of online IOB fund transfer service you can send money to anyone without writing a cheque. Just by downloading our mobile app, you can add your IOB account and generate a secure mobile banking PIN. Using this PIN you can transfer funds to anyone in India from your IOB account.
Fund transfer can be initiated without adding beneficiary in your IOB account. All transactions are 100% safe and secure and you will instantly get SMS from Indian Overseas Bank about the transaction. Recipients will also receive SMS from their bank after money is credited in their bank account.