IOB Credit Card Bill Payment

1. IOB Internet Banking
2. NEFT (from other banks)
3. Auto-Debit Facility
4. UPI Apps (BHIM, Google Pay, PhonePe, Cred, etc.)
5. Paytm App

Offline Payment Methods

1. Cash Payment at IOB Branch
2. Cheque Payment

Below is a detailed explanation of each payment method.

Ways to Pay IOB Credit Card Bill Online

Pay IOB Credit Card Bill via Internet Banking (IOB Net Banking)

Existing IOB savings or current account holders can use IOB Internet Banking to pay their credit card bills instantly. The credit card account is credited immediately once the payment is authorised.

Steps:

• Log in to your IOB Internet Banking account
• Navigate to Credit Card Bill Payment
• Choose Total Amount Due, Minimum Amount Due, or Other Amount
• Click Confirm to complete the payment

Pay IOB Credit Card Bill via NEFT

NEFT is a convenient option for non-IOB bank customers to pay their IOB credit card bills online. Payments are usually credited on the same day or the next working day, depending on bank processing timelines.

Steps:

• Log in to your bank’s net banking account
• Go to Funds Transfer → NEFT
• Add your IOB credit card as beneficiary
• Complete the transfer

Auto-Debit Facility for IOB Credit Card

The auto-debit facility ensures automatic payment of your credit card dues every month, helping you avoid late fees and missed payments.

Key Points:

1. Can be activated during card application or later
2. Available via net banking or by submitting a request to IOB
3. Choose payment type: Minimum Due or Total Due
4. Amount is debited automatically on the selected date

Pay IOB Credit Card Bill via UPI Apps

IOB credit card bills can be paid through UPI-enabled apps if your bank account is linked to UPI.

Steps:

• Open your UPI app
• Select Send Money → A/C IFSC
• Choose Indian Overseas Bank
• Enter IFSC code: IOBA0009043
• Enter cardholder name and 16-digit credit card number
• Confirm and complete the payment

Pay IOB Credit Card Bill via Paytm

Paytm allows easy credit card bill payments using multiple funding sources.

Steps:

• Open the Paytm app
• Select Credit Card
• Enter your credit card number and issuer
• Enter the bill amount
• Choose payment mode (UPI, wallet, net banking, saved card)
• Complete the payment

Ways to Pay IOB Credit Card Bill Offline

Pay IOB Credit Card Bill by Cheque

Cheque payments can be made by depositing a cheque at any IOB branch or cheque drop box.

Instructions:

1. Draw the cheque in favour of your IOB Credit Card Number
2. Write your name and mobile number on the reverse
3. Credit is reflected within 1–2 working days after clearance

Pay IOB Credit Card Bill by Cash

Cash payments can be made at any IOB branch.

Steps:

• Visit the nearest IOB branch
• Fill in the cash deposit slip with card details
• Submit the cash at the counter
• Collect the acknowledgement receipt

IOB Credit Card Bill Payment Processing Time

IOB Credit Card Statement Details

IOB issues credit card statements monthly to the registered email ID or postal address.

The statement includes:

1. Minimum amount due
2. Total outstanding amount
3. Payment due date
4. Billing cycle dates
5. Interest and late charges (if any)
6. Reward points balance
7. Detailed transaction history (date, merchant, amount)

Cardholders are advised to review statements carefully every month and report any unauthorised transactions to Indian Overseas Bank immediately.

Credit cards make payments easy for all expenses online and offline while offering various benefits

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