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Idbi Bank IFSC Code Tambaram Branch, MICR code, Address

IFSC Code of IDBI Bank TAMBARAM, MICR Code of IDBI Bank TAMBARAM

Get IFSC Code and MICR code of IDBI Bank, Tambaram, Tamil Nadu branch in CHENNAI city along with the address

Bank IDBI Bank
IFSC Code IBKL0000370 (for money transfer by NEFT, RTGS and IMPS)
MICR Code 600259017
Address NO 4, DURAISWAMY REDDY STREET, WEST TAMBARAM, CHENNAI 600045
Branch TAMBARAM
City CHENNAI
District Chennai
State Tamil Nadu
Personal Loan
@ 10.99%*
Home Loan
@ 8.35%*
Gold Loan
@ 10.50%*
Business Loan
@ 13.50%*
Loan Against Property
@ 8.50%*
Earn 7%* On
Savings Account

IDBI Bank Interest Rates in TAMBARAM, Chennai

Interest Rates*
IDBI Bank MCLR Base Rate 8.00% - 8.70% 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 Chennai

Tambaram Ifsc Code
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Idbi Bank News - Oct 2017
  • 2017-09-27 : IDBI Bank unveils ‘Project Nishchay’ for financial improvement
    In a bid to accelerate its turnaround programme and to improve its financial performance, public sector lender, IDBI bank has introduced the launch of ‘Project Nishchay’ in partnership with the Boston Consulting Group (BCG). Under the programme, the bank aims to focus on select areas including loans and deposits, revenue enhancement, asset productivity and overall program management.
  • 2017-08-24 : IDBI Bank Q1 profit declines at Rs. 853 crore
    IDBI Bank has reported a marginal decline in its consolidated net profit at Rs. 853 crore during the first quarter of FY18 as against profit of Rs. 241 crore during the corresponding quarter of the previous fiscal year. The net profit of the bank is impacted due to increase in its non-performing assets. Meanwhile, the lender is also trying to develop growth strategies to achieve further improvements in its loan against property and car loans.
  • 2017-08-10 : IDBI Bank gets capital infusion of Rs. 1,861 crore from Government of India
    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.
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