Telugu super news,February 17th,2024:IDBI Bank has introduced its latest offering of “Special Limited Period Callable FD Offer of 300 Days” with peak rates of 7.55% p.a. This initiative is introduced under the Utsav FD scheme, and caters to customers seeking attractive rates in shorter tenures. Besides this, the existing Utsav FDs for 375 and 444 days continue to offer competitive rates of up to 7.60% p.a. and 7.75% p.a. respectively.
Telugu super news, India, october 12th,2023:To ring in the Festive Season, IDBI Bank is launching a ‘Retail Loan Fest’ on October 16and 17, 2023. Extending the Bank’s brand philosophy of ‘Bank Aisa Dost Jaisa’, the Loan Fest features the Bank’s ‘customer centric approach’ and special offerings across a wide range of retail loans including Housing Loan, Auto Loan, Education Loan, Loan Against Property, Personal Loan and Loan Against Securities. The ‘Retail Loan Fest’ is poised to strike a chord with the renewed aspirations of every Indian household as they connect with lifestyle decisions having auspicious significance during this festive celebration.
The Bank has identified 125+Select Branches to champion the ‘Retail Loan Fest’ that will cover the territory of 81 districts, 88 centers and 22 states across India.
Shri. Suresh Khatanhar, DMD, IDBI Bank stated, “The Retail Loan Fest is IDBI Bank’s endeavour to reach out to its customers with a bouquet of products suiting their aspirations during the festive season. Customized features and attractive terms offered during the fest coupled with prompt processing would ensure a delightful experience for the customers”
Telugu super news, July 17th,2023: IDBI Bank has introduced a special bucket of “Amrit Mahotsav FD for 375 days” offering a peak rate of 7.60% p.a. valid till August 15, 2023. Besides this, existing “Amrit Mahotsav FD for 444 days” under callable option offers a peak rate of 7.65% p.a. and under non-callable option offers a peak rate of 7.75% p.a.
Teligu super news, Hyderabad,April 3,2023:IDBI Bank has launched e-Bank Guarantee (e-BG) facility in partnership with National e-Governance Services Ltd (NeSL) that replaces paper based BG issuance process with e-stamping and e- signatures. With this the Bank has achieved another milestone in its endeavor to offer digital and user friendly services to its customers. IDBI Bank sees this as a transformational change in the business ecosystem where bank guarantees are used in high volumes as the new initiative brings higher transparency and reduces turnaround time from days to minutes. e-BG can be processed with e-stamping and e-signatures and delivered instantly to the beneficiary all in a matter of few minutes. With secured transmission and enhanced transparency, beneficiaries are saved of efforts and time in verification of physical BGs.
Commenting on the services, Shri Rakesh Sharma, MD & CEO, IDBI Bank said, “Delivering safer and faster banking services to our customers through digital offerings has always been the principle key driver for major digital initiatives of the Bank. It is a matter of delight to join hands with NeSL for e-BG facility which has addressed the last mile challenge of digitisation of BG process through e-stamping and e-signature. It is a major step towards increasing ease of business for applicants and beneficiaries alike”.
Shri Debajyoti Ray Chaudhuri, MD & CEO of NeSL said “NeSL’s e-BG is a paperless and available in a digital form to the beneficiary of an e-BG on registration on the NeSL’s portal. The process of user registration is simple and one time. For bulk users of e-BGs, NeSL also offers integration with the ERP systems through an API. I congratulate the team at IDBI Bank who work tirelessly and in tandem with our team to roll out this product.”
