Wednesday, June 18, 2025
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Ultra HNI Savings Scheme by Indian Overseas Bank

Indian Overseas Bank (IOB) Launches Ultra HNI Savings Scheme for High-Net-Worth Individuals

Indian Overseas Bank (IOB), based in Chennai, has introduced a special Ultra HNI Savings Bank Scheme aimed at high-net-worth individuals (HNIs). This premium banking initiative offers three unique options: IOB SB PRIME, IOB SB PRIORITY, and IOB SB PRIVILEGE. Each variant comes with exclusive benefits to meet the financial needs of wealthy customers.

IOB SB PRIME Features

– No benefit of Relationship Manager.
– RuPay Platinum Debit Card with free issuance and annual maintenance.
– Personal Accident insurance and Permanent Disability cover upto Rs. 2 Lakhs with RuPay Platinum Debit Cards.
– Convenient banking services delivered to your doorstep for 12 times per year.
– Free domestic (One access per quarter) and international lounge(Two access per annum) with RuPay
Platinum Debit Carda.
– 100% waiver on processing fees for Housing and 50% waiver on Vehicle loans.
– Unlimited NEFT, RTGS, IMPS transactions.
– Free SME alerts.
– Complimentary cheque books, demand drafts, and locker operations.
– Discounts of 25% on locker rent.
– No charges for issuance, annual maintenance, or renewal of credit cards.

IOB SB PRIORITY Features

– Benefit of Relationship Manager.
– RuPay Select Debit Card with free issuance and annual maintenance.
– Personal Accident insurance and Permanent Disability cover upto Rs. 10 Lakhs with (RuPay Select Debit
Cards).
– Convenient banking services delivered to your doorstep for 24 times per year.
– Free domestic (Currently three times per calendar quarter per card) and international
lounge(Currently three (3) times per calendar year) with RuPay Select Debit Carda.
– 100% waiver on processing fees for Housing and Vehicle loans.
– Unlimited NEFT, RTGS, IMPS transactions.
– Free SME alerts.
– Complimentary cheque books, demand drafts, and locker operations.
– Discounts of 50% on locker rent.
– No charges for issuance, annual maintenance, or renewal of credit cards.

IOB SB PRIVILEGE Features

– Benefit of Relationship Manager.
– RuPay Select Debit Card with free issuance and annual maintenance.
– Personal Accident insurance and Permanent Disability cover upto Rs. 10 Lakhs with (RuPay Select Debit
Cards).
– Unlimited convenient banking services delivered to your doorstep.
– Free domestic (Currently three times per calendar quarter per card) and international.
lounge(Currently three (3) times per calendar year) with RuPay Select Debit Carda.
– 100% waiver on processing fees for Housing and Vehicle loans.
– Unlimited NEFT, RTGS, IMPS transactions.
– Free SME alerts.
– Complimentary cheque books, demand drafts, and locker operations.
– Discounts of 75% on locker rent.
– No charges for issuance, annual maintenance, or renewal of credit cards.

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