IDBI Bank Hyderabad

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About IDBI Bank

IDBI bank was established in the year 2004 and the headquarter of the bank is in Mumbai. The bank was shifted from the development financial institution to the banking sector. The main job of the former company was to finance the developmental projects. The bank has included all the products and services to provide the best possible financial solution to its customer. The aim of the bank is to meet the global standard in the banking sector and work according to its prevailing ethics, responsibility and maintain transparency. The main aim of the bank is to spread across the world and earn a name for itself. It wants its workforce to be the dedicated, proactive and professional so as to be best equipped to help its customer. The aim of the bank is to serve all types of people and in the different section of the society. The bank focuses on extending the banking facilities to as many people as possible. along with continuing to finance the corporate and business project so that the development of individual along with the stability of the economy is maintained. The bank along with the continuous use of the latest technology and the robust planning is trying to set up an example in the corporate governance. The bank strives hard to enhance the value and wealth of its stakeholders.

Address of IDBI Bank Branches in Hyderabad

Branch Name AddressIFSC Code MICR Contact Details   
Basheer BaghMahavir House Basheerbagh SquareIBKL0000002500259002040-3228517, 3222688
Banjara HillsPlot No.9, J R House, Road No.2, Banjara Hills,IBKL0000028500259003040-3548762/79/83
Hyderabad - Main BranchStock Exchange Building 683 - 686, Trichy RoadIBKL0000133500259004(0422)2310262
KukatpallyMIG 230, Municipal No. 15 - 24 - 230, Kphb Colony, Kukatpally, Hyderabad - 500072 .IBKL0000280500259007040-66908171 / 72 / 73, 66902000
Sultan Bazaar428/437, Balaji Market, , Sultan Bazar, , Hyderabad, Pincode - 500001IBKL0000594500259005040-24653064
GachibowliIDBI Bank Ltd, Diamond Park, Plot No.81, Vinayak Nagar Colony, Gachibowli Stadium Road, Gachibowli, Hyderabad - 500032IBKL00004325002590109963233433
Jubilee Hills BranchYousuf Plaza, Plot No. 1101, Road No. 36, Jubilee Hills, Hyderabad - 500033IBKL00008725002590129849969963
LB Nagar BranchAndhrapradesh Plot No 15 & 28 , Srinivasa Chambers, Mansoorabad, Lb Nagar Ring Road, Rangareddy Dist, Hyderabad, Ap - 500074IBKL00010575002590149885300556
Retail Asset - HyderabadD No. 5 - 9 - 89/1 & 2, Chapel Road, Pb No.370 Hyderabad 500001IBKL0000811NON-MICR040-66746063

Products Offered by the IDBI Bank in Hyderabad

The products and services provided by the IDBI bank are at par with the global standard. It provides the home loan, personal loan, education loan, loan against property etc. The new generation banks also give the term deposit schemes to increase the saving of its customer. The bank strives hard to make all the efforts to provide the best services to its customer. The customer care gives the best possible financial services to the people of the city.

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
9.95% - 12.05%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
4.00% - 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 Hyderabad 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.

 

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