Idbi Bank IFSC Code Chhindwara Branch, MICR code, Address

Get IFSC Code and MICR code of IDBI Bank, Chhindwara, Madhya Pradesh branch in CHHINDWARA city along with the address.

IFSC Code of IDBI Bank CHHINDWARA, MICR Code of IDBI Bank CHHINDWARA

Last Updated 22nd Feb 2017
Bank IDBI Bank
IFSC Code IBKL0000711 (for money transfer by NEFT, RTGS and IMPS)
MICR Code 480259001
Address IDBI BANK LTD, COLLECTORATE ROAD, NEAR SATKAR CHOWRAHA, GULABRA, CHHINDWARA : 480001, MADHYA PRADESH
Branch CHHINDWARA
City CHHINDWARA
District Chhindwara
State Madhya Pradesh
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IDBI Bank Interest Rates in CHHINDWARA, CHHINDWARA

Interest Rates* Tenure, Processing Fee
IDBI Bank MCLR Base Rate 9.65% Past Trend
IDBI Bank Home Loan 9.15% - 9.15% Floating Get Details
IDBI Bank Loan Against Property 10.55% - 10.55% Floating Get Details
IDBI Bank Personal Loan 13.25% - 13.75% Get Details
IDBI Bank FD Interest Rate 4.25% - 6.90% Get Details
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Home Loan options starting @ 8.50%
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Home Loan options starting @ EMI of Rs. 769/Lakh
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RS. 5,000
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Commercial Property Loan options starting @ 11.00%
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Commercial Property Loan options starting @ EMI of Rs. 952/Lakh
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RS. 5,000
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Loan Against Property options starting @ 9.50%
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Loan Against Property options starting @ EMI of Rs. 968/Lakh
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RS. 5,000
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Business Loan options starting @ 13.50%
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Business Loan options starting @ EMI of Rs. 2,301/Lakh
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RS. 2,500
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Personal Loan options starting @ 11.25%
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Personal Loan options starting @ EMI of Rs. 2,187/Lakh
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RS. 2,500
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Top up Loan options starting @ EMI of Rs. 0/Lakh
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RS. 200
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Education Loan options starting @ 11.10%
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Education Loan options starting @ EMI of Rs. 2,179/Lakh
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RS. 200
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Gold Loan options starting @ 11.00%
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Gold Loan options starting @ EMI of Rs. 8,838/Lakh
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RS. 1,000
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Car Loan options starting @ 9.25%
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Car Loan options starting @ EMI of Rs. 1,622/Lakh
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RS. 1,000
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News - Feb 2017
27th Feb 17 IDBI Bank is set to receive Rs. 3,000 crore bailout package from government
The Central Government of India is set to invest Rs. 3,000 crore in IDBI Bank as a bailout package. The infusion of funds is expected to help the bank in maintaining its capital adequacy ratio and revive its falling credit growth. Earlier the bank has received approval from board of directors to divest some of its non core activities through which the bank expects to raise Rs. 5,000 crore.
07th Feb 17 IDBI Bank cuts home loan interest rates
IDBI Bank has reduced its home loan interest rates by 60 basis points for new home loan borrowers. The revised home loan interest rate now stands at 8.55 percent as compared to 9.15 percent earlier. The new rate is effective from 1st February, 2017.
02nd Jan 17 IDBI cuts MCLR by up to 40 basis points
IDBI Bank has reduced its overnight and three months marginal cost of lending rates to 8.50 and 8.85 percent as compared to 8.75 and 9.15 percent earlier. The revised MCLR for six months and one year now stands at 8.90 and 9.15 percent respectively. Similarly, three year MCLR has reduced to 9.30 percent as compared to 9.70 percent earlier. The rates are effective from 1st January, 2017.
12th Aug 16 IDBI Bank Q1 net profit rises 78 per cent to Rs241.10 crore on tax write back
IDBI Bank has reported an increase of 78.35 per cent in its net profit in the June quarter of FY17 due to a large tax write back during the quarter. Net profit rose to Rs. 241.10 in June quarter of current fiscal crore from Rs. 135.18 crore in the same period of previous year. Net interest income of the bank rose by 14.2 per cent to Rs. 1706.50 crore in the June quarter of FY17 from Rs.1494.33 crore in the same period of FY16. Gross NPAs as a percentage rose by 9.65 per cent to Rs. 27275.15 crore in June quarter from Rs. 24875.07 crore in the March quarter. Net NPAs of the bank stood at 7.47 per cent in the June quarter up from 6.78 per cent in the previous quarter ending March 2016 and 3.18 per cent in the same quarter last year.
29th Jul 16 IDBI Bank cuts base rate by 10bps to 9.65%
With effect from 1st August 2016, IDBI Bank has announced a cut of 10 basis points in its base rate and base rate will stand revised to 9.65 percent. The Bank has also announced a reduction in Benchmark Prime Lending Rate (BPLR) to 14.15 percent.. If you have taken Home Loan or Persona Loan from IDBI before 1st April 2016 at floating rate then you will benefit from this rate cut. But if have taken home loan at fixed rate you will not be effected by the rate cut.
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