Indian Bank Profile
Indian Bank History
Indian Bank, the foremost bank opened by The Government of India was founded on 15th of August, 1907. The bank became a nationalized bank along with 13 other financial units in 1969. Indian Bank has bagged 1st prize for excellence in performance under SHG Bank linkage for 2007-08 by NABARD. Shri M S Sundara Rajan, Chairman & Managing Director and Shri Anup Sankar Bhattacharya,
Executive Director are working as the Board of Directors of Indian Bank.
Indian Bank Network
Indian Bank has 1657 branches across the country excluding 240 overseas correspondent banks in 70 countries. 90 Indian Bank branches are allocated for handling forex dealings. All the branches are functioning under CBS solutions. Indian Bank has 786 connected ATM centers in 260 cities. The ATM card holders of the bank can access 40, 000 ATMs under shared network across the country.
Indian Bank Financials
Indian Bank employs 19, 993 staffs as on 31st, March 2009 with a net profit of Rs. 1245.32crores for the year 2008 – 2009. The total Business of the bank has crossed Rs.1, 24, 413Crores as on 31.03.2009. Indian Bank has created 7 specialized exclusive Microfinance branches called “Microsate” across the country to cater the needs of urban people through SHG / JLG concepts.
Indian Bank Services
Indian Bank focuses on E-banking which includes net banking, mobile banking and phone banking and provides home loan, vehicle loan, educational loan, agricultural finance, Credit cards, ATM / Debit card facilities etc. Through E-banking, the Bank allows e-payment of direct taxes. The services of the bank are listed below.
1. Ind Net banking
2. Ind Mobile banking
3. Ind Phone banking
4. e Payment of Indirect Taxes
5. MCA Payment
6. IndJet Remit (RTGS)
7. N E F T
8. CMS Plus
9. Multicity Cheque Facility
10. IB Swarna Mudra
11. Credit Cards
12. ATM/Debit Cards
13. DP Services
14. IB Jeevan Kalyan
15. Jeevan Kalyan Plus
16. IB Varishtha
17. IB Chhatra
18. IB Arogyaraksha
19. e Payment of Direct Taxes
20. IB Jeevan Vidhya
21. Money Gram
22. Janashree Bhima Yojan (Launched in association with LIC)
23. Universal Health Care (launched in Association with UIIC Ltd)
24. IB Grihajeevan (Optional for IBGJ)
Indian Bank Products:
Indian Bank offers various products to facilitate its customers including NRI customers.
1. Educational Loan
2. IB Swarna Mudra Schemes
3. Wealth Management Services
4. NRI Schemes
5. Depository Services
6. Oil India Ltd. IPO- Ind Share
7. Agriculture
8. Business
9. Cards
10. Corporate
11. Demand Deposit
12. Education
13. Group
14. Insurance
15. NRI
16. Professional Self Employed
17. Property
18. SME
Indian Bank Loans:
Indian Bank provides an entire range of loans to satisfy the needs of all kinds of customers such as individuals, students, professionals, farmers etc.
1. Home Loan
2. Vehicle Loan
3. Loan / OD against Deposits
4. Loan / OD against NSC / KVP / Relief bonds of RBI / LIC policies
5. IB Pension Loan
6. Educational Loan
7. Holiday Loan
8. Jewel Loan Scheme (Non-Priority)
9. Doctor Plus
10. Professional Special
11. Ayushman
12. IND SME Secure
13. IND STAR Rice Mill
14. IND Art tools
15. Financing to Entrepreneurs identified by ESP of BYST
16. Kisan Credit Card
17. Golden Harvest Scheme
18. Sugar Premium Scheme
19. Loans for maintenance of Tractors under tie-up with Sugar Mills
20. SHG Bank Linkage Programme – Direct Linkage to SHGs
21. SHG – Vidhya Shoba
22. Kamadhenu Milk Vendor Scheme
23. Agricultural Godowns / Cold Storage
24. Agri Clinic and Agri Business Centres
25. IB Balavidhya Scheme
26. External Commercial Borrowing
27. NRI Plot Loan
28. Kisan Credit Card Plus
29. Agricultural Jewel Loan Scheme
30. Securted Overdraft against the Pledge of Gold Ornaments (SODGO)
31. Agricultural Produce Marketing Loan
32. Financing Agriculturists for Purchase of Tractors
33. Purchase of second hand (pre-used) Tractors by Agriculturists
34. Joint liability group (JLG)
35. Kisan Bike
36. Indian Bank Agri Vendor Bike Scheme
37. Gramin Mahila Sowbhagya Scheme
Indian Bank Deposit schemes
Indian Bank offers a lot of deposit schemes for saving purpose of customer’s funds.
1. IB Smart Kid
2. SB Platinum
3. SB Power
4. Savings Bank
5. SB Vikas Khatha
6. Current Account
7. Premium Current Account
8. Fixed Deposit
9. Re-investment Plan
10. Facility Deposit
11. Deposit scheme for Senior Citizens
12. Recurring Deposit
13. Variable Recurring Deposit
14. Insured Recurring Deposit
15. IB Swarna Nidhi RD/IB Swarna Nidhi VRD
16. Ind Tax Saver
17. Capital Gains
18. NRE SB and NRE Term Deposits
19. FCNR (B) Accounts
20. Resident Foreign Currency account for Returning Indians
21. Non-Resident Ordinary Account
22. Non-Resident External (Rupee) Account
23. Foreign Currency Non-Resident Account
Indian Bank application forms – Click on the link below to get online application forms.
http://www.indianbank.in/download.php
Indian Bank Careers – Click on the link below to know about the recruitments in Indian Bank.
http://www.indianbank.in/career.php
Indian Bank Head office address:
PB No.1384,
66, Rajaji Salai,
Chennai 600 001,
Tamil Nadu
Indian Bank Phone Number: 044 25233231
Indian Bank Website : http://www.indianbank.in/home.php