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Natl India
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Company Description

Contact Info

IDBI Tower

20th floor

WTC Complex

Cuffe Parade, Colaba

Mumbai, 400 005


Phone: 91 22 6655 3355

Fax: 91 22 2218 0411

IDBI Bank Limited provides banking and financial solutions to retail and corporate clients in India. It offers savings and current accounts, corporate payroll accounts, and fixed deposits; loans, such as home, auto, education, and personal loans, as well as loan against properties and securities; debit, credit, and prepaid cards; phone, mobile, and Internet banking services; and investment advisory and capital market services, as well as lockers. The company also provides fund based assistance, including term loans; working capital; packing credit to exporters; receivable buyout with recourse; channel financing for dealers of corporates; scheme for financing automated teller machines (ATM)/cash dispense vendors; bill discounting; technology upgrading fund scheme for textile and jute industries; and lending to non-banking finance companies/housing finance companies and commercial real estate sector. In addition, it offers non-fund based assistance, such as bank and performance guarantees, letters of credit, and buyers credit; cash management, treasury, trade finance, and foreign currency services; and debt syndication and advisory, and financing services for infrastructure projects, as well as publishes a magazine. Further, the company provides finance to micro, small, and medium enterprises; agriculture finance; products and services for non-resident Indians; and ATM services. Additionally, it offers information technology and security, and contact center services; and investment management, mutual fund, security trusteeship assignments, share pledge trustee, venture capital fund, safe keeping, escrow agency, and other trusteeship services, as well as acts as trustees to securitization transactions and bond/debentures. As of March 31, 2016, the company operated 1,846 branches and 3,310 ATMs. The company was formerly known as IDBI Ltd. and changed its name to IDBI Bank Limited in May 2008. IDBI Bank Limited was founded in 1964 and is headquartered in Mumbai, India.


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