IDBI Bank Lucknow
Last Updated : Sept. 5, 2018, 3:11 p.m.
About IDBI Bank
IDBI Bank is one of the most leading commercial banks. It was set up in the year 2004 and is one of the new generation banks in India. The bank was initially a development financial institution which used to finance the industrial and corporate projects. It has helped a lot in the nation building and improved the infrastructure of the areas. The United Bank Western Ltd. was merged with IDBI in the year 2006 and the bank name was changed from the IDBI Ltd. to IDBI Bank Ltd. in the year 2008. Since then the bank has incorporated the array of products and services to provide the world-class financial solutions to its customer.
The main aim of the company is to become the bank which provides the customized and personalized banking services and facilities to its customer. The customer satisfaction is one of the main achievement of the bank. The bank wants to be a role model in the area of corporate governance by continuing its work in the ethical, transparent and responsible manner. The bank wants its workforce to be passionate and performance driven through the proactive, positive and dynamic work culture. It’s mission is to be the greener bank in India. The vision of the bank is to enlarge and expand its reach internationally and become the most preferred bank which enhances the money and value of the stakeholders.
Address of IDBI Bank Branches in Lucknow
| Branch Name | Address | IFSC Code | MICR | Contact Details |
|---|---|---|---|---|
| Lucknow | Dhan Complex 15, Ashoka Marg | IBKL0000015 | 226259001 | 0522-287104/105/259 |
| Alambagh - Lucknow | 565K/183, Sneh Nagar Alambagh, Kanpur Road, Lucknow, Uttar Pradesh 226005 | IBKL0000276 | 226259001 | 0522-4076445 |
| Indira Nagar - Lucknow | J.C. Complex, Faizabad Road, Indira Nagar (nr Arora Auto Centre), Lucknow, 2260016 | IBKL0000277 | 226259001 | 0522-2355578 |
| Gomti Nagar - Lucknow | 5/34 Vishal Khand , Capt Manoj Pandey Crossing , Gomti Nagar, Lucknow, Uttar Pradesh, 226010 | IBKL0000314 | 226259001 | 0522-6567771 |
| Barabanki | Adjacent To Allahabad Bank, Naka Satrikh Barabanki - 225001 | IBKL0000315 | 225259002 | 05248-223331 |
| Lucknow Chowk EC | LIC Of India, Khun Khunji Road, Chowk, Lucknow | IBKL0000909 | 226259001 | 0522-2258616/17, 2258181, 3958787 |
| Retail Assets - Lucknow | IDBI Bank(RAC), 3RD.Floor, Kishan Sahakari Bhavan, Mg Road, Hazratganj, Lucknow - 226001, UP | IBKL0000824 | NON-MICR | 9794970707 |
| CCU Lucknow | 3RD FLOOR, Kisan Sahkari Bhawan, 2 M G Marg, Hazratganj, Lucknow - 226001 | IBKL0000940 | NON-MICR | 0522-6052314 |
| Kalli Paschim Lucknow | Radhey Krishna Building, Raebareli Road, Kalli Paschim, Lucknow-226025 | IBKL0001176 | 226259008 | 9415091177 9565533525 |
| Uttar Pradesh Co-operative Bank Ltd. | Uttar Pradesh Co-operative Bank Ltd., Main Branch, Kisan Sahkari Bhawan, 2 M G Road, Lucknow - 226001 | IBKL0015UPC | 226185002 | 9125110001 / 05222610209 |
| Aminabad | 173/29, Dr.B.N Verma Road, Aminabad, Lucknow | IBKL0001264 | 226259010 | 8004923264 |
| Nagrik Sahkari Bank Ltd. | C 13 / 112, Rajajipuram, Lucknow | IBKL0015NSB | 226185272 | 9415674915 |
Products Offered by the IDBI Bank in Lucknow
Lucknow is the capital city of Uttar Pradesh and one of the emerging city in India. The developing city is always in the need of financial support as it is on the verge of developing the infrastructure and the development also shows in the changing lifestyle habits. So, IDBI Bank in the city of Lucknow is offering all the banking products and services that would cater the needs of the people. It offers a wide range of products including the home loan, personal loan, loan against property, education loan etc. It also offers the fixed deposit which enhances the savings of the customer who invest in it. Also, they provide other investment products like MF, SME, Agri products etc. that gives you the several options for the financial solution from which you can choose accordingly.
Basic details about IDBI Bank products
| Product | Eligibility | Loan Amount | Interest Rate | Processing Fee | Tenure |
|---|---|---|---|---|---|
| Home Loan | The 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 | 8.80% - 12.25% | 0.50% of the loan amount | Up to 30 years or until attaining age of 70 years |
| Personal Loan | The 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 | 10.50% - 13.25% | 2% of the loan amount | Up to 5 years |
| Vehicle Loan | Eligible 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 | 7.50% Onwards | Nil | For new vehicles - 7 years |
| Loan Against Property | Existing 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 cases | 10.55% - 14.90% p.a. | 1% of the loan amount | Up to 15 years |
| Education Loan | The 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 amount | Moratorium: course period+ 1 year 0r 6 months after getting the job. Up to 15 years after the completion of moratorium period. |
| Fixed Deposit | Individual 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 | 2.90% - 5.90% | 15 days - 10 years 7 days - 14 days only on single deposit of ₹ 5 lakhs & above |
Documents Required
The documents required by IDBI Bank Bengaluru for the different products are mentioned in the table below:
| Products | Documents Required | |
|---|---|---|
| Home Loan | Loan 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 Loan | Loan 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 Loan | 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. 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 Property | Duly 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 Loan | Duly 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 Deposit | Application 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. |