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You may find the answers to the following questions in this page..
  • Which Bank provides good services in Hyderabad?
  • Which Bank offers low interest credit cards?
  • Which bank offers high interest for savings in Hyderabad?
  • Which is a reliable bank in Hyderabad?
  • Can I trust my bank? Is my deposits safe?
IDBI Bank Banks - Business
  • Business Name:IDBI Bank
  • Address 1:IDBI Tower,WTC Complex,
  • Address 2:Colaba,
  • City:Mumbai - 400005.
  • Web Page:
  • Phone Number:91-22-22189111
  • Description:Industrial Development Bank of India (IDBI) is the tength largest bank in the world in terms of development. The National Stock Exchange (NSE), The National Securities Depository Services Ltd. (NSDL), Stock Holding Corporation of India (SHCIL) are some of the institutions which has been built by IDBI. IDBI is a strategic investor in a plethora of institutions which have revolutionized the Indian Financial Markets.

    IDBI Bank, promoted by IDBI Group started in November 1995 with a branch at Indore with an equity capital base of Rs. 1000 million.

    Main functions of IDBI

    IDBI is vested with the responsibility of co-ordinating the working of institutions engaged in financing, promoting and developing industries. It has evolved an appropriate mechanism for this purpose. IDBI also undertakes/supports wide-ranging promotional activities including entrepreneurship development programmes for new entrepreneurs, provision of consultancy services for small and medium enterprises, upgradation of technology and programmes for economic upliftment of the underprivileged.

    IDBI's role as a catalyst

    IDBI's role as a catalyst to industrial development encompasses a wide spectrum of activities. IDBI can finance all types of industrial concerns covered under the provisions of the IDBI Act. With over three decades of service to the Indian industry, IDBI has grown substantially in terms of size of operations and portfolio.

    Developmental Activities of IDBI

    Promotional activities

    In fulfilment of its developmental role, the Bank continues to perform a wide range of promotional activities relating to developmental programmes for new entrepreneurs, consultancy services for small and medium enterprises and programmes designed for accredited voluntary agencies for the economic upliftment of the underprivileged. These include entrepreneurship development, self-employment and wage employment in the industrial sector for the weaker sections of society through voluntary agencies, support to Science and Technology Entrepreneurs' Parks, Energy Conservation, Common Quality Testing Centres for small industries.

    Technical Consultancy Organisations

    With a view to making available at a reasonable cost, consultancy and advisory services to entrepreneurs, particularly to new and small entrepreneurs, IDBI, in collaboration with other All-India Financial Institutions, has set up a network of Technical Consultancy Organisations (TCOs) covering the entire country. TCOs offer diversified services to small and medium enterprises in the selection, formulation and appraisal of projects, their implementation and review.

    Entrepreneurship Development Institute

    Realising that entrepreneurship development is the key to industrial development, IDBI played a prime role in setting up of the Entrepreneurship Development Institute of India for fostering entrepreneurship in the country. It has also established similar institutes in Bihar, Orissa, Madhya Pradesh and Uttar Pradesh. IDBI also extends financial support to various organisations in conducting studies or surveys of relevance to industrial development.

    NRI Services:

    eing an NRI (non-resident Indian) and privy to special benefits and priviledges in India, its only but natural to expect world class levels be it banking or any other service. Welcome to IDBI Bank, where you are treated as special and your needs exclusive.

    While we offer basic NRI banking products like Non Resident Rupee Checking Account, Non Resident Rupee Term Deposits and Foreign Currency Non Resident Deposit, we realise that your requirements are manifold. Hence, we provide seasoned banking professionals to handle your queries and offer value added services. The value-added services we provide range from answers to online tax and foreign exchange related queries and needs with specifal emphasis on FEMA guidelines issued by The Reserve Bank of India from time to time.

    Our International Debit Card is designed to offer you the convenience of accessing your funds with us from any ATM and also pay for your purchases from any merchant establishments across the world.

    You can avail of our advanced funds transfer facility to transfer funds from your account to that of your family members' account held with any IDBI branch across India.

    Our other services, such as providing free nomination and mandate facility enables hassle free banking operations to your family member authorised by you to operate your account. We provide high-end solutions such as high yielding foreign exchange products, wealth management and insurance

    For more information on our NRI-centric banking solutions, follow the links below.
    Non-Resident External (NRE)

    * Repatriable account for your investment needs
    * Access your account anytime, anywhere with Internet Banking
    * Shop at more than 8.3 million locations and withdraw funds in 140 countries

    For more details, click here.
    Non-Resident Ordinary (NRO)

    * An account for your local income and expenses
    * Access your account at more than 250 ATM's across the country
    * Pay your bills in India from anywhere in the world

    For more details, click here.

    * Retain your funds in foreign currency
    * No exchange risk
    * Earn attractive returns on your funds

    For more details, click here.

    For further assistance, write to and we will get in touch with you at the earliest or call the branch nearest to you to receive more detailed information about our products.

    Website of IDBI

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  • Voted Users:33
  • Last Voted Date:12 October,2016
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