Indian Overseas Bank pays annual interest on Basel III Tier II bonds

Indian Overseas Bank (IOB) has announced the payment of annual interest on its Basel III Tier II Bonds, Series III (INE565A08035), in accordance with SEBI regulations. The payment, totaling ₹45,40,10,000, was made on September 24, 2025, for the interest due on the same date.

The issue size of the bonds is ₹500 crore, and the interest payment frequency is annual. The record date for this interest payment was September 6, 2025. This payment aligns with the bank's obligations, with no change in payment frequency or any non-payment/delay reported.

The bank confirmed that this disclosure pertains solely to interest payment and not redemption payment. The last interest payment was made on September 24, 2024.