IOB launches ‘Bank on Wheels’ facility
03, Jun 2019
Prelims level :
Mains level :
- Indian Overseas Bank (IOB) launched ‘Bank on Wheels’ facility in 14 of its lead districts in Tamil Nadu and Kerala.
- The mobile van facility will enable the public, especially senior citizens, conveniently get door-step banking facility available at identified locations of the lead districts.
- A dedicated banking correspondent will accompany the vehicle with a micro-ATM inside the van.