Indian Overseas Bank launches ‘Cheque Lodgement Kiosk’

Indian Overseas Bank (IOB) has launched self-service ‘Cheque Lodgement Kiosk’ at major commercial centers to facilitate round the clock acceptance of clearing cheques. This facility will enable the customers, especially the business community in commercial areas, to conveniently use the kiosks for 24×7 deposit of cheques removing constraint of branch customer timing.

These kiosks are fully integrated with the existing Cheque Truncation System (CTS) resulting in minimum human intervention and value addition in our customer service. This is a necessary intermediate stage in the path of moving most customers to a self-service digital mode.

Indian Overseas Bank is a pioneer in many fields – Banking, Insurance and Industry with the twin objectives of specialising in foreign exchange business and overseas banking.

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