What Kind Of Bank Is IDBI

Question

What is the kind of IDBI bank can you tell me? Also provide me the information regarding the bank?

Answer

IDBI Bank is one of the leading commercial banks of India. It was incorporated on 1 July 1964.

IDBI is now regarded as a top notch name among the new generation banks of India.

Most of its shares are held by the Indian Government and it caters to millions of consumers with a wide range of services in both corporate and retail segment.

The products and services of IDBI Bank are offered under five different heads – Personal, Corporate, MSME, Agri and NRI banking.

Products and Services-

IDBI Personal Banking

In the Personal Banking segment, IDBI offers the following products and services:

Preferred Banking
Loans
Savings Account
Cards
Flexi Current Account
24-Hour Banking
Corporate Payroll Account
Trusteeship through ITSL
Fixed Deposit and Lockers

IDBI Corporate Banking

In the Corporate Banking segment, IDBI offers the following products and services:

Fund based Assistance
Trade Finance
Non-Fund based Assistance
Government Business
Cash Management Services
Foreign Currency
Treasury

IDBI MSME Banking

In the MSME Banking segment, IDBI offers the following products and services:

MSME Finance
Vendor Finance Program
Restructuring/Rehabilitation Policy
Laghu Udhyami Credit Card
Finance to Medical Practitioners
Loans to Professionals and Self-Employed
Property Power (Loan against Property)
SME Smart Line of Credit
Loans to Small Road and Water Transport Operators
Funding under Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) (Collateral Free Loans)
Sulabh Vyapar Business Solutions
General Credit Card Loan (GCC)

IDBI Agriculture Banking

In the Agriculture Banking segment, IDBI offers the following products and services:

Agriculture Finance (Short-Term Loans)
Allied Activities
Agriculture Finance (Term Loans)
Indirect Finance to Agriculture

IDBI NRI Banking

In the NRI Banking segment, IDBI offers the following products and services:

Accounts
Remitting Funds
Preferred Banking
Rupee Yield Enhancer

Contact-

Registered Office:

IDBI Bank Ltd.
IDBI Tower, WTC Complex,
Cuffe Parade, Colaba, Mumbai 400005.
Contact No : (+91-22) 6693 7000

Debit Card Blocking Toll Free number : 1800-22-6999
Customers 24 X 7 Phone Banking numbers : 1800-200-1947, 1800-22-1070

Leave a Comment