If you have changed the place where you live or I can say shifted to a new place. Then you should take steps to update your new address in your bank account. In this guide of mine, I will tell you how you can update or change address in Indian Overseas Bank account.
Your address is a very important part of the KYC details of your account. The banks use this address to send you important communication. And also the documents like the new cheque book, etc. The bank will not charge you anything to update the address.
But you can not change it online using internet banking or mobile banking. You will have to follow the offline method which requires you to visit your home branch. You should also keep in mind that the bank will require you to submit your new address proof document.
I am here talking about the address proof document that certifies your new place of stay. Without the proper proof documents, the banks in India don’t take your request. You will not be asked to submit your original copy of the document. But a self-attested photocopy of it to the bank.
The Process to Change Address in Indian Overseas Bank Account
Follow the instructions given below.
- Take a sheet of paper.
- Start writing an application letter.
- The letter you are writing should address the branch manager of your Indian Overseas Bank.
- The subject of the letter should be “Change of Address in Bank Account”.
- In the body section of the letter explain that you have changed the place where you live. And you want to update it in your account
- Further mention your name, account number, your new address, and the name of the document you have with you.
- Get a clear photocopy of your new address proof document.
- Sign it and attach it with your application letter.
- Now visit your Indian Overseas Bank’s home branch and submit your application letter to the bank officials.
Conclusion
This change is subject to successful verification by the bank. So during your visit to the bank make sure you carry the original copy of your document. The bank officials will ask you to show it for the purpose of verification. For more information, call the customer care of Indian Overseas Bank on 1800 425 4445. (toll-free)