IDBI Bank Kochi

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About IDBI Bank

IDBI bank is one of the leading commercial bank and the new generation bank which was established in the year 2004. The bank touches the lives of many people in the country through the range of retail, SME and agri products and services. The headquarter of the bank is in Mumbai. With the help of the robust business strategy, dedicated workforce, and state of the art technology platform to structure and give the personalized and innovative financial solution and services to the customer across wide delivery channels that are available. The bank wants to touch the lives of different sections of the society and enhance it economically. The aim of the bank is to become the best in the banking facilities and expand its presence globally.

The former company IDBI Ltd was the development financial institution which used to finance the different projects and support in the development of India. It has financially supported the corporate projects and identified the economically backward areas to uplift the development process in the areas. It strives hard to meet all the financial demands of the individual as a banking institution and continue to finance the projects on the same time to make the difference in the development of the country. It is striving hard to be the greener bank in India. Its main mission is to generate the wealth and enhance the value of the stakeholders. It wants to be the most trusted and preferred bank in India.

Address of IDBI Bank Branches in Kochi

Branch Name AddressIFSC Code MICR Contact Details   
KochiDhanwantari Building Near Padma Theater, M.G. Road,IBKL00000846822590020484-382519-21
Kochi - Main Branch6, Malviya Nagar, Near Raj Bhavan Adj. To LICIBKL0000137682259003(0755)2558415
Kochi (Corporate Banking Branch)Panampilly Nagar, Post Bag No. 4253, Kochi - 682036IBKL00003856822590049895306196
CCU, KochiCentralised Clearing Unit, Idbi Bank Ltd, 2nd Floor, Panampilly Nagar, Kochi - 682 036IBKL00009396822590020484-2321150 / 51
Currency ChestIDBI Bank Ltd., Currency Chest, Idbi Building - Ground Floor, Panampilly Nagar, Kochi, Kerala - 682 036IBKL00009686822590060484-2318885, 04846060126-30.
EdapallySea Queen Bldg Nh47, Near Changampuzha Park, Edapally, Kochi 682024IBKL00010586822590069446011593
Retail Asset KochiII nd Floor, IDBI Building, Panampilly Nagar, Near Passport, Kochi - 682036IBKL0000827NON-MICR09495086186 04842322060
Kochi Bye - PassIDBI Bank, Jacob Building, 33/23618 b - 1, N.h.bye Pass. Chalikkavattom, Geethanjali Junction, Kochi Pin : 682019 KeralaIBKL0001087NON-MICR9847452000
The Kerala State Co-operative Bank LtdChittoor Road, Pullepady Junction, Pb No 3759, Kochi-682035IBKL046KS096821770020484-2373508

Products Offered by the IDBI Bank in Kochi

The bank has designed its products based on the requirements of the people and to solve their financial problems. the products include all types of loans and deposits. It provides the loan products like the home loan, personal loan, gold loan, loan against property etc. IDBI bank provides all types of solution to enhance and increase your money. It has the fixed deposit scheme to maximize the deposit of the customer. The new age bank has incorporated all the solutions and its best customer service gives the personalized solution to enhance your banking experience.

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
8.30% - 11.30%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 Kochi 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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