Question
Indian Overseas Bank (IOB) has committed to process
online death claim settlements (for claims up to ₹15 lakh) within how many days?Solution
IOB’s newly launched Online Death Claim Settlement Portal provides simplified processing for claims up to ₹15 lakh and commits to completing settlement within 15 days. No third-party surety is required for such claims, and the system includes real-time tracking of claim status.
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