It introduced the popular Personal Loan scheme during this period. IOB was the first Bank to venture into consumer credit. As early as in 1957 the Bank established a training centre which has now grown into a Staff College at Chennai with 9 training centres all over the country. In Pre-nationalisation era (1947- 69) IOB expanded its domestic activities and enlarged its international banking operations. Saga of the IOB is covered into four categories such as Pre-nationalisation era (1947- 69) at the time of Nationalisation (1969) Post - nationalisation era (1969-1992) and Post-Reform Period - Unprecedented developments (1992 & after). Its Representative office is located at Dubai.The Products & Services of the bank includes NRI Services Personal Banking Forex Services Agri Business Consultancy Credit Cards Any Branch Banking and ATM Banking. There are two branches each at Hong Kong Sri Lanka and Bangkok and one each at Singapore and South Korea. The Bank had 12 establishments abroad including 8 overseas branches 1 Representative office 2 Remittance Centers and 1 Joint Venture Subsidiary as on 31st March 2018. The Bank has its overseas presence in 5 countries Singapore Hong Kong Thailand Sri Lanka and South Korea. Besides the Bank has 7 Zonal Offices 48 Regional Offices 4 Extension Counters 20 Satellite Offices 3 City Back Offices and 6 Inspectorates.

The bank has 3129 ATMs as on 31 December 2020 across the country. As on 31 December 2020 the Bank had 3219 domestic branches comprising of 904 rural branches 960 Semi Urban branches 653 urban branches and 702 Metropolitan branches. IOB had the unique distinction of commencing business in 10th February 1937 (on the inaugural day itself) in three branches simultaneously - at Karaikudi and Chennai in India and Rangoon in Burma (presently Myanmar) followed by a branch in Penang. Chidambaram Chettyar a pioneer in many fields such as Banking Insurance and Industry with the twin objectives of specializing in foreign exchange business and overseas banking. Indian Overseas Bank (IOB) was founded on 10th February 1937 by Shri.

Iob finacle training