Idbi Bank

IDBI Bank aka Industrial Development Bank of India is established to offer financial assistance to industries in India and is one of the largest public sector banks. We have more than 3683 ATM and more than 2000 branches including one foreign branch. We offer services under one roof like Mortgages, Project finance, Commercial and Personal banking, Current Accounts, Account Creation Debt Securities, Equities, Money markets, Property Loans, and Mobile Banking services.

Factsheet of Idbi Bank
Bank NameIdbi Bank
Founded inJan. 7, 1964
Promoters/foundersNA
Headquarter Address

Industrial Development Bank of India
DBI Tower
World Trade Centre Complex
Cuffe Parade
Colaba
Mumbai 400005.
Maharashtra

Employee's16555
Type of BankPrivate Bank
Official Websitehttps://www.idbibank.in/
Customer Care Number18002094324, 18004257600

History of IDBI Bank 

IDBI Bank is also known as the Industrial Development Bank of India and in the earlier stage used to offer financial assistance to the Industrial sectors. The IDBI bank also merged with various commercial banks in 2005 leading to the creation of IDBI and it became a private bank. On October 1, 2004 the IDBI bank was recreated to form a banking establishment known as IDBI, as we will undertake various banking activities while doing the role of financial service providers. We always play  a major role in making lot of difference to the lives by offering various products and services in a logical manner. We offer excellent financial solutions and offer good digital experience in a logical manner as well. 

The bank has a wonderful team and have 3683 ATM and more than 1862 branches across India and has one overseas branch in Dubai. Furthermore, we have got 50 plus E-Lounge Facilities and more than 1500 centres as on February 1,2020.

We are working very hard to make ourselves the trusted and the most preferred bank for all the valuable customers in India and creating a unique panache for ourselves.

Mr. T N Manoharan is the Independent Director and Chairman and Mr. Rakesh Sharma is the Managing Director and CEO of the IDBI Bank.

Subsidiaries of IDBI Bank

IDBI Bank is also known as the Industrial Development Bank of India and some of the subsidiaries are as follows:

  • IDBI Intech
  • IDBI Asset Management.
  • IDBI Trusteeship Services.
  • IDBI MF Trustee Company.
  • IDBI Capital Markets and Securities.

Banking Services offered by IDBI Bank

  • Pensions.
  • Mortgages.
  • Net Banking.
  • E-Statement.
  • Remittances.
  • Trade Finance.
  • Account Alerts.
  • Online Security.
  • Prepaid Cards.
  • Phone Banking.
  • Mobile Banking.
  • Family Banking.
  • Savings Account.
  • Current Account.
  • Bank Guarantee.
  • Mobile Passbook.
  • Rate of Exchange.
  • Foreign Exchange.
  • Cyber Fraud Alert.
  • Utility Bill Payment.
  • Consumer Banking.
  • Online Tax Payment.
  • Asset Management.
  • Demand Drafts (DD).
  • Safe Deposit Locker.
  • Cash at POSH facility.
  • Debit and Credit Card.
  • Flexi Current Account.
  • Fixed Deposit Account.
  • Online payment for Train, Air and Bus Services.
  • Corporate Salaries of Companies, Hospitals and Organisation.

Loans and Credit facilities provided by IDBI Bank Limited

There are various credit and loan facilities offered by the IDBI Bank and they are as follows:

  • Auto Loan.
  • Home Loan.
  • Personal Loan.
  • Educational Loan.
  • Loan against property.
  • Loan against securities.
  • Increase in the Credit Limits.
  • Capital gain account Scheme.

Awards and Recognition

  • IDBI Bank is ranked as Number 1197 in the Forbes Global List 2000 in May 2013.
  • Receiving the Overall Best Bank Awards and the Best Public Bank Awards in the Dun and Bradstreet Banking Awards in 2011.

 

 

Idbi Bank has 3502 IFSC connected branches in India. Bank has branches in following states:

  • ANDAMAN AND NICOBAR ISLAND
  • ANDHRA PRADESH
  • AP
  • ARUNACHAL PRADESH
  • ASSAM
  • BIHAR
  • CHANDIGARH
  • CHHATTISGARH
  • DADRA AND NAGAR HAVELI
  • DAMAN AND DIU
  • DELHI
  • GOA
  • GUJARAT
  • HARYANA
  • HIMACHAL PRADESH
  • JAMMU AND KASHMIR
  • JHARKHAND
  • KA
  • KARNATAKA
  • KERALA
  • MADHYA PRADESH
  • MAHARASHTRA
  • MANIPUR
  • MEGHALAYA
  • MIZORAM
  • NAGALAND
  • ODISHA
  • PUDUCHERRY
  • PUNJAB
  • RAJASTHAN
  • SIKKIM
  • TAMIL NADU
  • TELANGANA
  • TN
  • TRIPURA
  • UTTAR PRADESH
  • UTTARAKHAND
  • VPO - KHANDWA PATTA CHURU, DIST CHURU
  • WEST BENGAL

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