Indian Overseas Bank (IOB) has successfully made the annual interest payment on its Basel III Tier II Bonds, Series III, due on September 24, 2025. The interest payment pertains to bonds with ISIN INE565A08035. This announcement confirms the bank’s adherence to its financial obligations. The amount of interest paid is ₹45,40,10,000/-.
Interest Payment Confirmation
Indian Overseas Bank (IOB) confirms the annual interest payment on its Basel III Tier II Bonds – Series III/INE565A08035. The payment, made on September 24, 2025, fulfills the obligations related to these bonds.
Key Details of the Interest Payment
Here are the details regarding the interest payment:
- ISIN: INE565A08035
- Issue Size: ₹500 Crore
- Interest Amount Paid: ₹45,40,10,000/-
- Payment Frequency: Annual
- Interest Payment Record Date: 06.09.2025
- Actual Date of Interest Paid: 24.09.2025
- Date of Last Interest Payment: 24.09.2024
The bank clarifies that details of redemption payment are not applicable as this is an interest payment.
Source: BSE
