Indian Overseas Bank (IOB), based in Chennai, has introduced a premium Ultra HNI Savings Bank Scheme tailored for high-net-worth individuals (HNIs). This special banking initiative includes 3 variants – IOB SB PRIME, IOB SB PRIORITY, and IOB SB PRIVILEGE, each offering unique benefits designed to meet the financial needs of affluent customers.
Ajay Kumar Srivastava, MD & CEO of IOB, highlighted the importance of the new scheme, stating, “With the rising number of HNIs in India, we understand the demand for personalised financial services, premium benefits, and hassle-free banking. The Ultra HNI Savings Scheme is our commitment to delivering a superior banking experience with exclusive privileges.”
With its enhanced features, IOB’s Ultra HNI Savings Scheme aims to redefine elite banking, offering unmatched convenience, security, and financial advantages for high-net-worth customers.
On March 10, at 11:42 AM IST, Indian Overseas Bank share price was trading at ₹44.30, down 0.83%. The stock opened at ₹44.68, reached a high of ₹45.02, and a low of ₹44.07. The bank has a market capitalisation of ₹83.74K crore and a P/E ratio of 26.89. Over the past 52 weeks, the stock has hit a high of ₹75.55 and a low of ₹40.52.
With its tailored financial services, exclusive privileges, and seamless banking experience, IOB’s Ultra HNI Savings Scheme sets a new benchmark in elite banking for high-net-worth individuals.
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Published on: Mar 10, 2025, 11:53 AM IST
Kusum Kumari
Kusum Kumari is a Content Writer with 4 years of experience in simplifying financial market concepts. Currently crafting insightful content at Angel One, She specialise in breaking down complex topics into easy-to-understand pieces, blending expertise in market fundamentals and technical analysis.
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