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Idbi Bank IFSC Code Baloda Branch, MICR code, Address

IFSC Code of IDBI Bank BALODA, MICR Code of IDBI Bank BALODA

Get IFSC Code and MICR code of IDBI Bank, Baloda, Chhattisgarh branch in BALODA BAZAR city along with the address

Bank IDBI Bank
IFSC Code IBKL0001214 (for money transfer by NEFT, RTGS and IMPS)
MICR Code 493259151
Address NEAR SDM OFFICE, BESIDE PNB, MAIN ROAD, BALODA BAZAAR PIN-493332(CG)
Branch BALODA
City BALODA BAZAR
District Raipur
State Chhattisgarh
Personal Loan
@ 10.99%*
Home Loan
@ 8.35%*
Gold Loan
@ 10.50%*
Business Loan
@ 13.50%*
Loan Against Property
@ 8.50%*
Car Loan
@ 9.25%*
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IDBI Bank Interest Rates in BALODA, Raipur

Interest Rates*
IDBI Bank MCLR Base Rate 8.05% - 8.75% Past Trend
IDBI Bank Home Loan 8.35% - 8.65% Floating Get Details
IDBI Bank Loan Against Property 9.90% - 10.40% Floating Get Details
IDBI Bank Personal Loan 13.20% - 13.75% Get Details
IDBI Bank Business Loan 13.00% - 14.00% Get Details
IDBI Bank Car Loan 9.95% - 0.00% Get Details
IDBI Bank FD Interest Rate 4.25% - 6.75% Get Details
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Other Idbi Bank Branches in Raipur

Baloda Ifsc Code
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Idbi Bank News - Aug 2017
  • 2017-08-10 : IDBI Bank gets capital infusion of Rs. 1,861 crore from Government of India news
    As a part of its annual capital exercise for FY18, the Government of India has infused share application money of Rs. 1,861 crore towards fresh preferential issue of equity capital of the IDBI Bank. In its next meeting, the bank will conduct a ballot exercise for obtaining the proposal for issue of funds from the shareholders.
  • 2017-06-14 : IDBI Bank to rebalance its loan portfolio
    IDBI Bank has decided to rebalance its loan portfolio. The bank has decided to take this move after RBI has invoked prompt corrective action (PCA) against it over rising non-performing assets (NPAs) and negative return on assets (RoAs). Simultaneously, the bank is also planning to achieve strong growth in its retail and priority sector lendings.
  • 2017-06-09 : IDBI Bank sets up special department to manage bad loans
    In a bid to reduce bad loans, IDBI Bank has announced that it has created a special department, NPA management and credit monitoring group for managing its bad loans. With this move, IDBI will be able to reduce its non performing assets (NPAs) and bad loans and will continue its focus on improving its position.
  • 2017-06-03 : IDBI Bank to sell Rs. 5,000 crore of non-core assets
    IDBI Bank has announced that it will sell Rs. 5,000 crore of its non-core assets. The bank has decided to take this move after RBI has invoked prompt corrective action (PCA) against it over rising non-performing assets (NPAs) and negative return on assets (RoAs). Simultaneously, the bank is also planning to achieve strong growth in its retail and priority sector lendings.
  • 2017-05-26 : IDBI Bank crafts turnaround strategy with focus on raising capital and NPA recovery
    IDBI Bank has set out a turnaround plan with a focus on raising additional capital and recovering its non-performing assets. Simultaneously, it is also planning to restrict its growth in corporate loan book and continue its focus on increasing retail and priority sector lendings. With this move, the bank will be able to improve its financial position by re-balancing its loan portfolio.
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