Archive · 19 Nov 2025
IOB Opens New Branch in Narasannapeta, Andhra Pradesh
Indian Overseas Bank opened a new branch in Narasannapeta, Andhra Pradesh.
This is the 76th branch in the region.
The bank offers different types of loans and is helping with government schemes and social security enrollments.
Indian Overseas Bank (IOB) inaugurated a new branch in Narasannapeta, Srikakulam district, Andhra Pradesh
The branch is the 76th under the Visakhapatnam Region, reflecting IOB's expansion in the state
IOB offers various loan schemes including MSME, education, retail, agriculture, and housing loans at 7.35% with zero processing fees
The bank is implementing government schemes like PM Surya Ghar, PM Vishwakarma, and PM Vidyalakshmi
IOB is also facilitating enrolment in social security insurance schemes
- Who
- Indian Overseas Bank (IOB)
- What
- opened a new branch
- When
- Monday
- Where
- Narasannapeta, Srikakulam district, Andhra Pradesh
- Why
- To expand services and strengthen presence in the state
- Branch Number
- 76
- Region
- Visakhapatnam
- Housing Loan Interest Rate
- 7.35%
- Vehicle Loan Interest Rate
- 7.85%
- Government Schemes Implemented
- PM Surya Ghar, PM Vishwakarma, PM Vidyalakshmi