IDBI Bank (Industrial Development Bank of India) was established in 1964 by an Act of Parliament to provide credit and other financial facilities for the development of the fledgling Indian industry. It is owned by the Government of India. It is one among the public sector banks in India

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About IDBI Bank

IDBI Bank Ltd. is a Universal Bank with its operations driven by a cutting edge core Banking IT platform. The Bank offers personalized banking and financial solutions to its clients in the retail and corporate banking arena through its large network of Branches and ATMs, spread across length and breadth of India. We have also set up an overseas branch at Dubai and have plans to open representative offices in various other parts of the Globe, for encashing emerging global opportunities. Our experience of financial markets will help us to effectively cope with challenges and capitalize on the emerging opportunities by participating effectively in our country’s growth process.

Vision of the Bank

To Be The Most Preferred And Trusted Bank Enhancing Value For All Stakeholders.

Mission of the Bank

Delighting customers with our excellent service and comprehensive suite of best-in-class financial solutions,Touching more people's lives with our expanding retail footprint while maintaining our excellence on corporate and infrastructure financing,Continuing to act in an ethical, transparent and responsible manner, becoming the role model for corporate governance,Deploying world class technology, systems and processes to improve business efficiency and exceed customer’s expectations,Encouraging a positive, dynamic and performance-driven work culture to nurture employees grow them and build a passionate and committed work force, Expanding our global presence and Relentlessly striving to become a greener bank.

IDBI Branches

Bank is having branches in India in the following States/UTs :

  • Andaman And Nicobar Island
  • Andhra Pradesh
  • Arunachal Pradesh
  • Assam
  • Bihar
  • Chandigarh
  • Chhattisgarh
  • Dadra And Nagar Haveli
  • Daman And Diu
  • Delhi
  • Kerala
  • Madhya Pradesh
  • Maharashtra
  • Manipur
  • Meghalaya
  • Mizoram
  • Nagaland
  • Odisha
  • Puducherry
  • Punjab
  • Rajasthan
  • Sikkim
  • Tamil Nadu
  • Telangana
  • Goa
  • Gujarat
  • Haryana
  • Himachal Pradesh
  • Jammu And Kashmir
  • Jharkhand
  • Karnataka
  • Uttar Pradesh
  • Uttarakhand
  • West Bengal
  • Tripura

Services

Services provided by IDBI Bank are as follows :

1.Personal Banking

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

  • Loans
  • Savings Account
  • 24-Hour Banking
  • Fixed Deposit and Lockers

2.Corporate Banking

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

  • Trade Finance
  • Government Business
  • Foreign Currency
  • Treasury

3.MSME Banking

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

  • MSME Finance
  • Restructuring/Rehabilitation Policy
  • General Credit Card Loan (GCC)
  • SME Smart Line of Credit

4.NRI Banking

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

  • Accounts
  • Remitting Funds

Initiatives

The initiatives taken by IDBI :

Corporate Social Responsibility (CSR)

The erstwhile Industrial Development Bank of India (IDBI) was the apex institution for providing project finance to the industrial and infrastructure sector and a policy bank in the area of industrial financing and development. It also played a pioneering role in setting up the financial architecture of the country. Its commercial banking successor entity - today’s IDBI Bank - came into being on October 1, 2004.

Corporate Social Responsibility lies at the heart of all our activities since our establishment fifty years ago. It has been our guiding force long before it became a mandate. IDBI, in association with National Association for the Blind, established the NAB-IDBI Polytechnic for the Blind at Ambernath, Maharashtra in the year 1981. True to its image of a socially responsive organisation, IDBI constructed houses and access roads in Shirsal Tanda village in Latur, Maharashtra that was affected by a devastating earthquake in 1993. IDBI displayed the same level of responsiveness in times of natural calamities by providing immediate disaster relief in earthquake-hit areas of Gujarat (2001), tsunami-hit southern Indian states (2004), flash floods-hit state of Uttarakhand (2013) and the cyclone-hit Odisha (2013).

IDBI have been progressively ramping up our activities in the CSR arena, both directly as well as in association with reputed organizations, in order to make a telling impact on targeted strata of society. Activities include, but are not limited to, collaborative long-term funding for projects designed advancement of vocational & employable skills, enhancement of livelihood opportunities for disadvantaged strata of the society, particularly women, across various states; rural electrification through solar street lights; financial aid for socio-economic empowerment of PwDs and other underprivileged sections of society, promotion of healthcare, improved access to health services and sanitation facilities, supplementing environmental sustainability, and holistic development of villages by undertaking planned interventions, etc. Our CSR activities are inclusive in nature and the beneficiaries spread across all sections of the community.

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