Idbi Bank IFSC Code Chitradurga Branch, MICR code, Address

IFSC Code of IDBI Bank CHITRADURGA, MICR Code of IDBI Bank CHITRADURGA

Get IFSC Code and MICR code of IDBI Bank, Chitradurga, Karnataka branch in CHITRADURGA city along with the address

Bank	IDBI Bank
IFSC Code	IBKL0001241 (for money transfer by NEFT, RTGS and IMPS)
MICR Code	577259502
Address	MAGANUR COMMERCIAL COMPLEX, SITE NO 1 & 2, B D ROAD, CHITRADURGA, PIN : 577501, KARNATAKA
Branch	CHITRADURGA
City	CHITRADURGA
District	Chitradurga
State	Karnataka

Personal Loan
@ 10.99%*

Home Loan
@ 8.35%*

Gold Loan
@ 11.00%*

Business Loan
@ 13.50%*

Loan Against Property
@ 9.25%*

Car Loan
@ 9.25%*

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IDBI Bank Interest Rates in CHITRADURGA, Chitradurga

	Interest Rates*
IDBI Bank MCLR Base Rate	8.05% - 8.75%	Past Trend
IDBI Bank Loan Against Property	9.95% - 9.95% 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% - 6.40%	Get Details

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Loan Amount	Cashback
Rs. 1 cr and above	Rs. 5,000
Rs. 75 lakh - less than Rs. 1 cr	Rs. 3,000
Rs. 50 lakh - less than Rs. 75 lakh	Rs. 2,000
Rs. 35 lakh - less than Rs. 50 lakh	Rs. 1,000
Rs. 20 lakh - less than Rs. 35 lakh	Rs. 500
Less than Rs. 20 lakh	Rs. 200

News - May 2017

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.
2017-05-13 : RBI initiates prompt corrective actions against IDBI Bank over bad loans
Reserve Bank of India (RBI) has initiated a "prompt corrective action" (PCA) against IDBI Bank after evaluating its high non-performing assets (NPAs) and negative return on assets (RoAs). The action taken by RBI will help in improving the financial health of the bank by reducing its stressed assets and bad loans.
2017-05-11 : IDBI Bank reduces MCLR by up to 0.25 per cent
IDBI Bank has reduced its marginal cost of lending (MCLR) rate by up to 0.25 per cent following the footsteps of SBI which announced a rate cut on home loans. Banks expect the reduction in its MCLR to translate into better loan volumes for the bank.
2017-04-13 : All India strike deferred by the IDBI Bank
One of the leading Government owned financial services company, IDBI Bank has deferred its all India strike after attending the meeting with Deputy Chief Labour Commissioner where some changes have been finalized and advised to the management. The strike which was supposed to be happen on 12th April, 2017 has now been cancelled after the talk between the Union.
2017-03-21 : Government swaps chief executives of IDBI Bank, Indian Bank
Mahesh Kumar Jain, MD and CEO of Indian Bank have been appointed as MD and CEO of IDBI Bank. Mahesh Kumar Jain will head IDBI Bank for the remaining period of his current tenure or until further orders, whichever is earlier, IBDI Bank added.

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