IDBI Bank History
IDBI (Industrial Development Bank of India), the 4th largest Bank in the overall ratings, was established in the year 1964 as a subordinate of RBI. Since February 1976, the IDBI Bank was possessed by Government of India. IDBI, a board managed organization opened “IDBI Bank limited” in the year 1994. At present IDBI Bank is one of the leading public sector Banks of India. Mr. Yogesh Agarwal, Chairman & Managing Director and Mr. O.V. Bundellu, Deputy Managing Director are the Board of Directors of IDBI Bank. IDBI Bank was awarded the prestigious Banking Technology Award by the Indian Banks’ Association (IBA) and the Trade Fairs & Conference International.
IDBI Bank Network
IDBI Bank is gradually increasing its deliver platform and as on April 2009, IDBI Bank has 620 branches and 1059 ATMs, surrounding 394 centers. As on 31st March, 2008 total employee strength of the Bank was 8989. IDBI Bank branches are having online facilities and are fully computerized.
IDBI Bank Services:
IDBI Bank has changed its target from development finance instituition to commercial institution. The IDBI Bank offers net Banking, phone Banking, sms Banking, online bill payment, online tax payment, NRI services, corporate Banking, agricultural and industrial services, online shopping etc.
IDBI Bank Financials:
IDBI Bank joined hands with PayMate, India’s leading mobile commerce company, to facilitate Mobile Payments facility for IDBI Bank’s 3.5 million customers. IDBI Bank’s customers can use PayMate’s revolutionary, easy-convenient-secure mobile payment service also for booking movie & flight tickets, restaurant bills, mobile recharge, online purchase and retail shopping at over 13,000 merchants in India. As on March, 2009 the total asset of the Bank grew up by 32% to Rs.1, 72,402crores as compared to the previous year.
IDBI Bank Personal Banking:
IDBI Bank through its personal Banking serves both the Indian residents and the Non resident Indians with its high class products and services
• Investments Advisory
• 24 Hours Banking
• Institutional Banking
• Other Products
• Preferred Banking
• NRI Services
IDBI Bank Interest Rates:
Interest rates for various loan schemes and deposit schemes are explained in brief.
• Fixed Deposits
• Deposits above Rs. 1 crore
• Minor linked Deposit
• NRI Deposits
• Home Loans
IDBI Bank application forms – click on the link below to get online application forms.
IDBI Bank careers – click on the link below to know about the recruitments in IDBI Bank.
IDBI Bank Head Office address
Mumbai – 400005.
IDBI Bank contact : 022 – 22189111, 66553355
IDBI Bank website – http://www.idbi.com/