1 IOB Reward point is worth ₹0.25 in India.
₹0.25₹250 per 1,000 points, our house mark
₹0.25 · first marked 17 Aug 2026, never re-marked since
How we got this ₹ figure
₹0.25 is our HOUSE value for a point — what a disciplined traveller actually clears, not the best redemption we have ever seen (₹0.25, the ceiling) and not the worst you can always fall back on (₹0.25, the floor). It is the number every route on this page is priced with.
We hold one dated point for IOB Reward Points — the mark itself. There is no earlier valuation on our record, so this page shows no trend line rather than drawing one. How we value a point →
Which of my cards reach it? — 3 do
3 cards earn IOB Reward Points outright. The figure is the reward rate — what ₹100 of ORDINARY spend earns back at our house ₹/point, before milestones, accelerators and the annual fee. How we compute it →
Indian Overseas Bank RuPay Select0.3%Indian Overseas BankIndian Overseas Bank RuPay Platinum0.3%Indian Overseas BankIndian Overseas Bank RuPay Classic0.2%Indian Overseas BankA closed loop. IOB's own credit-card page publishes the redemption catalogue — merchandise, gift vouchers, travel bookings, mobile recharge and DTH — and no transfer partner of any kind, so the point cannot leave the bank. The ₹0.25 is the catalogue rate IOB states, and it is flat by construction: there is no better redemption to raise a ceiling toward and no worse one to floor it against. Minimum redemption is card-tier dependent (500 points on Classic, 750 on RuPay Platinum, 1,000 on RuPay Select), which is a friction on REACHING the rate, not a change in the rate.
IOB Reward Points has held — we grade its nerf risk stable No tracker events on record for this program How we grade it →
Expiry: not published — IOB's credit-card page states a redemption catalogue and a per-tier minimum but sets no expiry on an accrued point
No corridor on our board prices a seat in IOB Reward Points against a published chart — every option that reaches it is dynamic, and an estimate is not a seat. the 2,196 corridors that DO have a verified price →
Straight answers
The questions people actually type about IOB Reward Points — answered from the same data as everything above, with the same numbers.
What is 1 IOB Reward point worth in INR?
Our desk marks IOB Reward Points at ₹0.25 a point — so 1,000 points are worth ₹250 and 10,000 are worth ₹2,500. That is the number every route on this page is priced with. The ₹0.25 floor is the redemption you can always fall back on; the ₹0.25 ceiling is the best sweet spot we have actually verified. The mark is holding flat, last reviewed 17 Aug 2026. The valuation index prices it against every other program we cover.
Which Indian cards earn IOB Reward Points?
3 Indian cards earn IOB Reward Points outright. Best-ranked earners: Indian Overseas Bank RuPay Select, Indian Overseas Bank RuPay Platinum and Indian Overseas Bank RuPay Classic, the best of them at 0.3% reward rate. The card list above names each of them with its rank, its ratio and what one of its points becomes here.
When did IOB Reward Points last devalue?
We hold no dated events for IOB Reward Points at all — no devaluation, no buff, nothing sourced — and we will not fill that gap with a guess. The nerf-risk grade reads stable, which on a program with no logged history means untested rather than safe.
Verified against Indian Overseas Bank's own documents on · our house ₹/point, ₹0.25 today
Not published , and we will not invent it: how long posting takes · its award terms — surcharges and the booking window.