IDBI Schemes

I am small businessman and recently opened an account in the IDBI Bank searching for this bank offered schemes. Will you provide all details about IDBI Bank schemes available along with IDBI Bank FCNR Deposits Scheme Features also provide bank contact details for enquiry?

[pawan]

IDBI Bank was established in 1964 by an Act of Parliament to provide credit and other financial facilities for the development of the fledgling Indian industry

IDBI Schemes details:

IDBI Bank FCNR Deposit scheme allows term deposits in currencies like USD, GBP, EURO, AUD , CAD, HKD, SGD, CHF & JPY from NRIs/PIOs.

IDBI Bank FCNR Deposits Scheme Features

Attractive Interest rates

FD Tenure 1 year to 5 years

Currencies accepted USD, GBP, EURO, AUD , CAD, HKD, SGD, CHF & JPY

Interest payout at Half-Yearly intervals or Cumulative interest credit on maturity

No penalty on pre-mature closure. No interest will be paid on FCNR deposits closed pre-maturely in less than a year

Interest payable on prematurely withdrawn deposits will be the contracted rate or the rate applicable for which the deposit remained with the Bank, whichever is lower

Easy loan against deposits

Automatic renewal of deposit on maturity if instructed accordingly

Contact:

Registered Office:
IDBI Bank Ltd.
IDBI Tower, WTC Complex,
Cuffe Parade, Colaba, Mumbai 400005.

Swift: IBKLINBB