IDBI BANK HOME LOANS – SERVING HOUSING DEVELOPMENT NEEDS OF INDIA
IDBI Bank Limited is a diversified financial services company which was established in 1964 by an Act of Parliament. The institution was set up to facilitate easy credit avenues to the growing Indian industry. Later a committee appointed by ‘Reserve Bank of India’ under S.H. Khan recommended diversifying the ‘development banking’ orientation of IDBI to ‘commercial banking’.
IDBI subsequently assumed wider banking footprint and currently holds financial services portfolio in the sectors of popular consumer banking, credit driven private banking, multidimensional investment banking, equity holdings, corporate banking and wealth management among others. Currently the institution is hailed as the tenth largest ‘development bank’ of the world in terms of reach (it operates 2413 ATMs!). Counted at par with 26 commercial banking players of India it has laid out resonant consumer banking products including IDBI Bank home loan products.
IDBI subsequently assumed wider banking footprint and currently holds financial services portfolio in the sectors of popular consumer banking, credit driven private banking, multidimensional investment banking, equity holdings, corporate banking and wealth management among others. Currently the institution is hailed as the tenth largest ‘development bank’ of the world in terms of reach (it operates 2413 ATMs!). Counted at par with 26 commercial banking players of India it has laid out resonant consumer banking products including IDBI Bank home loan products.
IDBI BANK HOME LOANS – A PREFERRED CHOICE
IDBI Bank has diversified its developmental role through attractive consumer banking products and services. Some of its prominent banking services include savings & deposits, corporate payroll accounts, cards business and above all home loanproducts. IDBI Bank has adopted a policy of transparent delivery of its loan products. The Bank has therefore removed all sorts of ambiguities through a rational interface with its customers. Presently IDBI Bank home loan products are offered to diversified social strata including agriculturists & farmers, salaried employees and self employed individuals. With 66 dedicated loan processing centers all over the country, IDBI Bank has emerged as a preferred choice for all!