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Open for Indian Overseas Bank

Connect your Indian Overseas Bank current accounts to Open. Check balances, fetch statements into your ERP and make single or bulk payments — without logging in to Indian Overseas Bank net banking.

Built by
Open
Type
Public sector bank
Connection
Direct bank API
How it works

Bring Indian Overseas Bank into your ERP

  1. 1

    Connect your Indian Overseas Bank current account

    Choose Indian Overseas Bank in Open and complete the bank’s authorisation steps with your authorised signatory.

  2. 2

    Open fetches balances and statements

    Once access is active, balances and transactions from Indian Overseas Bank come in through the bank’s API — no net banking logins.

  3. 3

    Work inside your ERP and pay

    Statements land in your ERP for reconciliation, and approved payments go out from your Indian Overseas Bank account via NEFT, RTGS or IMPS.

Save up to 20 hours

of manual work every month — no portal logins, statement downloads or upload files for Indian Overseas Bank.

What you can do with Indian Overseas Bank

  • Real-time balances

    See Indian Overseas Bank balances next to every other bank you use.

  • Statements in your ERP

    No more downloading statements from Indian Overseas Bank and uploading files.

  • Single and bulk payments

    Pay vendors from your Indian Overseas Bank account and track each payment to settlement.

  • Faster reconciliation

    Match Indian Overseas Bank transactions against ledger entries inside your ERP.

About the bank

About Indian Overseas Bank

Type
Public sector bank
Based in
Chennai
Founded
1937

Indian Overseas Bank was founded in 1937 in Madras, now Chennai, to support banking and foreign exchange for overseas trade. It was nationalised in 1969.

Public sector banks often hold older accounts and branch-level collection accounts, so a company can have many accounts here spread across locations.

Indian Overseas Bank connects to Open directly through the bank’s own APIs, so your ERP and Indian Overseas Bank work together without file uploads or portal logins. Open takes care of audits, security and the day-to-day management of the connection, and keeps it running smoothly.

Corporate net banking

Indian Overseas Bank corporate net banking, and how Open fits

Indian Overseas Bank offers corporate net banking so a business can view its accounts, make payments and download statements. It covers Indian Overseas Bank only, with its own login, user set-up and approval steps, so a team with accounts at several banks ends up working in several portals.

With Open, your Indian Overseas Bank current account sits on the same screen as your other banks. Balances and transactions come in through the bank’s APIs, statements go to your ERP for reconciliation, and approved payments leave from your Indian Overseas Bank account via NEFT, RTGS or IMPS, with no portal login for day-to-day work.

See all connected banks › Try the multi-bank cash position tool ›

Can I manage my Indian Overseas Bank corporate account from Open?
Yes. Connect your Indian Overseas Bank current account to Open to see balances, bring statements into your ERP and pay vendors over NEFT, RTGS or IMPS, next to your other banks.
Do I still need my Indian Overseas Bank corporate net banking login?
Not for day-to-day work. Open connects to Indian Overseas Bank through the bank’s APIs, so you do not log in to Indian Overseas Bank net banking to check balances, fetch statements or make payments. The bank’s authorisation steps are completed once with your authorised signatory.

Bring your banks together. Get more done.

Connect your current accounts and start using Open through your dashboard, ERP or internal systems.