iobbank

[iobbank]

IOB Credit Cards – Your Pocket Companion for Cashless Living

Digital payments are the future — and IOB Credit Cards make it easy. You can use them for travel, shopping, online subscriptions, or utility bills. Plus, they come with safety features like OTPs, SMS alerts, and fraud protection.

Eligibility:

Indian resident aged 21–60

Stable monthly income

Good credit history

Documents Required:

ID proof (Aadhaar, PAN)

Address proof

Salary slips or ITRs

Apply today at your nearest IOB branch or online through https://www.iob.in/CreditCard

[iobbank]

Unlock Everyday Convenience with IOB Credit Cards

Indian Overseas Bank (IOB) offers credit cards that combine convenience, safety, and rewards — tailored for today’s lifestyle needs. From online shopping to emergency spending, IOB credit cards offer a reliable financial backup.

Key Features:

Contactless and chip-enabled security

Flexible credit limits based on income

Accepted at millions of outlets worldwide

EMI options on large purchases

24x7 customer support

Whether you're a salaried professional or a businessperson, IOB’s credit cards offer peace of mind along with spending power.

[iobbank]

IOB Guarantee Plus – Empowering Businesses with Bank-Backed Trust

✅ What is IOB Guarantee Plus?

IOB Guarantee Plus is a bank guarantee facility that allows individuals and businesses to get a guarantee issued by the bank in favor of a third party (such as government departments, corporations, or clients). This guarantee assures the beneficiary that in case the applicant fails to meet the terms of a contract or obligation, IOB will step in and fulfill the commitment financially — up to the guaranteed amount.

🔍 Types of Guarantees Offered Under Guarantee Plus

Bid Bond Guarantee: Assures payment if the bidder withdraws or fails to sign the contract

Performance Guarantee: Ensures contract completion as agreed

Advance Payment Guarantee: Protects clients who pay advance amounts

Financial Guarantee: Secures lease agreements, customs duties, etc.

Customs/Excise Guarantee: Issued for importers and exporters

📌 Key Features

Eligibility: Businesses, MSMEs, professionals, and contractors

Loan Limit: Based on the applicant's financial profile and requirement

Security: May be secured or unsecured

Tenure: Varies based on the contract or obligation duration

Quick Turnaround: Fast processing and minimal documentation

Coverage: Valid across India and accepted by most government departments

📄 Required Documents

Completed application form

KYC documents of the applicant and business entity

Past financials and ITR

Bank statements

Copy of tender or contract

Collateral/security documents (if applicable)

💡 Benefits of Using IOB Guarantee Plus

Frees up working capital – no need to deposit margin money

Improves credibility with clients and government agencies

Helps businesses bid for larger projects without liquidity constraints

Easy to customize based on industry needs

Backed by the reputation of Indian Overseas Bank

🎯 Who Should Use IOB Guarantee Plus?

Contractors bidding for government tenders

Traders and suppliers entering new agreements

MSMEs expanding their service reach

Exporters dealing with overseas buyers

Professionals taking on large-scale projects

🏁 How to Apply

Applicants can visit any IOB branch or explore the online application process via the official website:

🔗 https://www.iob.in 📞 Toll-Free Helpdesk: 1800 890 4445

[iobbank]

Bank Guarantee for MSMEs – IOB Guarantee Plus

MSME looking to scale up? Use IOB’s Guarantee Plus to get bank guarantees without blocking capital. Fast approvals and easy terms make it ideal for small businesses.

[iobbank]

IOB Guarantee Plus – Your Business’s Financial Trust Partner

💼 What Is IOB Guarantee Plus?

IOB Guarantee Plus is a bank guarantee scheme that helps individuals and businesses secure projects, contracts, or obligations by providing a written financial commitment from Indian Overseas Bank on your behalf.

Instead of depositing huge sums as a security or advance, IOB issues a guarantee letter to your client or the third party, assuring them that if you fail to meet your obligation, the bank will take responsibility up to the guaranteed amount.

🧩 Types of Guarantees Covered Under IOB Guarantee Plus

IOB Guarantee Plus offers various types of bank guarantees based on the need:

🔹 Bid Bond Guarantee – For participating in tenders

🔹 Performance Guarantee – Ensures delivery of service or product

🔹 Advance Payment Guarantee – Assures repayment of advance money received

🔹 Financial Guarantee – For lease agreements, rent, or payment guarantees

🔹 Customs/Excise Guarantee – For import-export and tax-related purposes

These guarantees give your clients confidence in your ability, without affecting your liquidity or blocking your capital.

✅ Key Features of IOB Guarantee Plus

Flexible Limits – Based on your financial strength and requirements

Speedy Approvals – Minimal processing time and quick issuance

Secured or Unsecured – Collateral optional based on eligibility

Trusted PSU Bank – Widely accepted guarantees in India

Affordable Charges – Low processing fees and commission rates

📌 Who Can Apply?

IOB Guarantee Plus is ideal for:

✅ MSMEs and Startups

✅ Government Contractors and Suppliers

✅ Traders and Service Providers

✅ Engineers, Architects, and Other Professionals

✅ Importers and Exporters

📄 Documents Required

To apply for IOB Guarantee Plus, you generally need:

KYC Documents (Aadhaar, PAN, etc.)

ITRs and Financial Statements (Last 2–3 Years)

Bank Statements

Work Order / Contract / Tender Document

Collateral Documents (if applicable)

IOB Current Account (preferred)

💬 Why Should You Choose IOB?

Indian Overseas Bank is a public sector bank with a legacy of trust, customer service, and strong financial backing. Choosing IOB means:

✔️ Nationwide acceptance of guarantees

✔️ Professional handling of high-value transactions

✔️ Fast service with experienced officers

✔️ Customized guarantees for different industries