IDBI Bank Ahmedabad

Banks 203 views

About IDBI Bank

IDBI Bank has been set up in the year 2004 as it was previously a development financial institution which was formed in 1964. It served for over 40 years as the development financial institution and contributed its role in the nation building and now it the full-time commercial bank. The bank has made huge progress and now has branches in most parts of the country. The headquarter of the bank is in Mumbai. It has been an expert in the field of financing the projects for the development of the nation. But now as the commercial banks, they have covered the array of products and services. They are now fully experienced in the banking sectors as well.

The focus of IDBI bank is to be a customer centric where they can enjoy every banking facilities. The aim of the bank is to make its customer feel delighted and satisfied with its services. The bank wants its working process to be transparent, ethical and responsible so that other follows its footprint in the commercial banking. The mission of the bank is to be one of the most trusted and preferred banks when it comes to financial solutions. It continues to grow with the help of technology and its aim to be one of the leading commercial banks is driven by the dedicated and enthusiastic workforce.

Address of IDBI Bank Branches in Ahmedabad

Branch Name AddressIFSC Code MICR Contact Details   
C G RoadIDBI Complex, Lal Bunglow, Off C.g. Road,IBKL0000009380259002079-6431902/6431909
Bod?kov23 - 25, Rudra Square, Nr Judges Bunglow, Bodakdev, AhmedabadIBKL0000067380259003079-26873002/3/4
GhatlodiaYash Kunj Society Aishwarya Complex , Prabhat Chowk , GhatlodiaIBKL0000082380259004079-27430337 / 344
MemnagarKrishna Avenue , Subhash Circle MemnagarIBKL0000085NON-MICR079-7499466
Ahmedabad - Main BranchIDBI House, Dnyaneshwar Paduka Chowk F.c. Road, Shivaji NagarIBKL000013038025900625660065
JNP Satellite9 - 11, Satya Complex, 132 Ft. Ring Road, Opp. Ioc Petrol Pump, Nr. Shivranjani Cross Roads, Satellite, Ahmedabad - 380015IBKL0000179380259007079-26753001/02/03
Gandhi NagarSuper Mall - Infocity, Near GH 0 Circle, Gandhinagar, Ahmedabad Pin : 382009, GujaratIBKL0000260380259009079 - 2321 3451 / 2 / 3
ManinagarTulsi Complex, Pushpakunj Circle Kankaria, Maninagar , Gujarat, 380008IBKL000028638025901099989 44923
Ahmedabad (Corporate Banking Branch)Off C. G. Road , I D B I Complex, Lal Bunglow, Ahmedabad - 380006IBKL00003753802590117926402475
AhmedabadHitek Building, , Opp. Museum Paldi, , Ahmedabad, Pin code - 380007IBKL0000549380259008079-26588074
Sabarmati, AhmedabadIDBI Bank Ltd., Shukan Mall, Shop No. 125 & 39 To 43, Nr. Visat Petrol Pump, Sabarmati, Gandhinagar Highway, Ahmedabad - 380019IBKL00004083802590129879010224
CCU AhmedabadCentral Clearing Unit, 3rd Floor, Idbi Complex, Near Lal Bunglow, Off C G Road, Ahmedabad 380 006IBKL0000982400259083079 66072848
Prahalad NagarShop No - 2 Campus Corner - 2, 100 Ft Road, Near Auda Garden, Prahalad nagar AhmedabadIBKL000102438025901398795 088885
Retail Asset AhmedabadIDBI Bank Ltd.retail Assets Centre, 101, 1st Floor, Sigma Icon - 1, Opp. Medilink Hospital, Nr. Shyamal Cross Road, 132 Ft Ring Road, Satellite - Ahmedabad - 380015IBKL0000810NON-MICR079-61905639
BopalGr. Flr. Shop No. 8 To 12, New York Arcade, Opp. Inductotherm, Main Road Bopal, Ahmedabad-380058IBKL0001180380259014079-233801
Nava VadajG-1, Shakti Heights, Aniruddha Co-op Housing Society, Opp. Kiran Park, B/h Bhimjipura, Nava Vadaj, Ahmedabad- 380 013IBKL0001279380259015079-267552280-81-82
BapunagarShop No: 53, 54, 55, 56- Ground Floor, Sardar Patel Mall-a, Nikol Road, Bapunagar, Ahmedabad- 382350IBKL0001280380259016079-22703344-45 9998944925
OdhavShop No. 13, 14, 15 & 16, Ground Floor, Mangalam Arcade, Old Mangalam Theatre, Soni Ni Chali, Odhav, Brts, AhmedabadIBKL00013423802590189898985941
Isanpur Ghodasar RoadShop No 8, 9, 10, Ground Floor, Kansas, Isanpur Ghodasar Cross Road, Ahmedabad 380050IBKL000160338025901925891603
Vastrapur Lake RoadShop No 11 And 12 Chinmay Crystal Ambardhara Co Op Hsg Society Ltd Vibhag 2, Ahmedabad GujaratIBKL00016433802590209537040240
PrantijUmiya Complex, Survey No.16/3 Paiki, Plot No.4& 5, Opp.essar Petrol Pump, At& Tal Prantij - PIN 383205IBKL00019883832591319879297771
Currency Chest, AhmedabadIDBI Bank Ltd, CG Road, Ahmedabad, IDBI Complex, Lal Bunglow, Off CG Road, Ahmedabad-380006IBKL0000974NON-MICR079-66072635

Products Offered by the IDBI Bank in Ahmedabad

There is the wide range of products and services that are provided by IDBI Bank. It is one of the best banks when it comes to customer satisfaction. To fulfill all your financial wishes you can always opt for IDBI bank. The bank has modeled most of its product keeping the customers need in mind. The products that are given by the bank are the home loan, car loan, education loan, loan against property etc. The bank also provides the facility of fixed deposit so that you can gain the interest rate on your money. The products are designed to serve all sections of the society.

Basic details about IDBI Bank products

ProductEligibilityLoan AmountInterest RateProcessing FeeTenure
Home LoanThe age of the applicant should be between 18 - 65 years

Salaried individuals with minimum 3 years experience

Business concerns, professionals and self-employed individuals working in the line of business/ profession for at least 3 years
For salaried Individuals - Up to 4 years gross salary
Self-Employed Individuals & Business person- Up to 4 years gross annual income

For repairs & renovations - Up to ₹ 15 lacs
8.35% - 8.65%0.50% of the loan amountUp to 30 years or until attaining age of 70 years
Personal LoanThe age of the applicant should be between 21 - 65 years.


Permanent employees of reputed PSUs and Joint Stock Companies
Confirmed Central / State Government officials
Lecturers / Asst. Professors / Professors of Colleges / Research Institutions and Universities

The salary account of the employee should be maintained with the branch
The minimum net salary should not be less than ₹ 20,000 per month or minimum net annual income of ₹1,80,000 per annum for the salaried Individual
For the self- employed the minimum annual average balance should be ₹ 25,000 per month and minimum annual business income should be ₹ 2,40,000 per annum for last 2 years.
Minimum of ₹50,000 Up to maximum of ₹ 10 lakh 12.49% - 13.49%2% of the loan amountUp to 5 years
Vehicle LoanEligible Segments - Individuals, professionals, reputed firms and companies

The age of the applicant should be between 18- 60 years.

Minimum annual gross salary of the individuals should ₹ 1.80 lacs

Should have minimum work experience of 2 years.
New Car - No maximum limit

Used Car - 75% of the agreed value

9.90% - 9.95%

NilFor new vehicles - 7 years
Loan Against PropertyExisting customers having satisfactory dealing with the bank

New customers with healthy credit history
Up to 50% of the property value or up to ₹ 10 crores and more than ₹ 10 cr depends on individual cases10.55% - 14.90% p.a.1% of the loan amountUp to 15 years
Education LoanThe student should be the resident of India.


Should have secured the admission through entrance exam/ merit based selection.


The student should have the guarantor/ collateral.
For India:up to₹20 lakh
For abroad: ₹ 30 lakh or 100% of the total cost of programme.
17.70%- 18.45% p.a.1% of the loan amountMoratorium: course period+ 1 year 0r 6 months after getting the job.
Up to 15 years after the completion of moratorium period.
Fixed DepositIndividual
Joint (max. 4 people)
A guardian on behalf of a minor
HUF
Partnership Firm
A company
Association or any other Institution
Minimum - ₹ 1,000
Maximum - No predetermined limit
4.25% - 7.25%15 days - 10 years

7 days - 14 days only on single deposit of ₹ 5 lakhs & above

Documents Required

The documents required by IDBI Bank Ahmedabad for the different products are mentioned in the table below

ProductsDocuments Required 
Home LoanLoan Application with 2 passport size photos of applicant / guarantor
Identity proof- Passport copy, PAN Card, Voters Id card, driving license( Laminated, Recent, Legible)
Residence proof- Ration card/Driving license/Voters card/passport copy/telephone bill/ electricity bill/Life insurance policy.
Processing fee cheque
Detailed cost estimate/valuation report from Bank's Panel Chartered Engineer/Architect
Allotment letter of Co-operative Housing Society/ Apartment Owners' Association/Housing Board/NOC from the Society/Association/Builders/Housing Board
Legal Scrutiny Report, EC for the past 13 years, Property Tax paid receipt, Khata and permission for mortgage, wherever necessary
Salary Certificate and Form No.16 (in case of salaried persons)
IT Returns filed for the past three years (in case of non-salaried persons)
A brief note on the nature of business, year of establishment, type of organization, etc., (in case of self-employed)
Balance Sheet and P&L Account for the past three years (in case of self-employed)
Personal LoanLoan Application with 2 copies of passport size photographs
Proof of Identity: Passport copy, PAN Card, Voters Id card, driving license( Laminated, Recent, Legible)
Proof of Address: Ration card/Driving license/Voters card/passport copy/telephone bill/ electricity bill/Life insurance policy.
Latest Salary Certificate and Form No.16 / ITR/ITAO for last 3 years.
Co-obligation
Pronote /Pro-note Covering Letter
Vehicle LoanProof of Identity: Passport copy, PAN Card, Voters Id card, driving license( Laminated, Recent, Legible)
Proof of Address: Ration card/Driving license/Voters card/passport copy/telephone bill/ electricity bill/Life insurance policy.
Proof of Income: Latest 2 months salary slip with form 16 Audited balance sheet, and the latest 2 years IT returns of the company/ Latest ITR, bank statement reflecting salary credits for last 4 months.
Bank Statement: Income statement, balance sheet and ITR for last 2 years ( for self- employed), Last 6 months bank statement (for salaried individual)
Age Proof: School leaving certificate/ Passport/ Driving Licence/ Election ID Card/ Birth Certificate/ LIC Policy/ PAN Card
Loan Against PropertyDuly filled Loan Application with passport size photographs - 2 copies each
Identity proof- Passport copy, PAN Card, Voters Id card, driving license( Laminated, Recent, Legible)
Residence proof- Ration card/Driving license/Voters card/passport copy/telephone bill/ electricity bill/Life insurance policy.
Income proof of the applicant and guarantor Income Tax Assessment Order / IT Returns
Last 3 years income tax returns and complete business profile.
Bank Statement- Last 6 months bank statement, Last 3 years Profit/ loss and Balance sheet ( for self- employed professionals)
Processing Fee cheque
Property related documents: All the title related documents along with approved sanctions/ building plans.
Educational LoanDuly filled application with recent photographs.
Proof of residence – Passport/ Utility bill/ Allotment letter.
Date of Birth proof
Certificate of Domicile
Fee particulars from school/ college
Scholarship proof
Study Certificate
Fixed DepositApplication form
Copy of PAN Card / Form 60 or 61 (in case the customer does not have PAN Card)
2 Photographs of Depositor/s
Identity Proof and Address Proof
Any other related documents as applicable to proprietorship concern, Partnership Firm, Company, HUF etc.

You May Also Read