IDBI Bank

Private Sector

“Banking for All”

IDBI Bank, originally established as the Industrial Development Bank of India in 1964, is one of India's premier banking institutions with a unique position as a government-promoted private sector bank. Currently majority-owned by Life Insurance Corporation of India (LIC) and the Government of India, IDBI Bank is in the process of strategic disinvestment, attracting significant investor interest. The bank serves millions of retail customers, corporates, SMEs, and government entities with a comprehensive portfolio of financial products including savings accounts, current accounts, fixed deposits, home loans, personal loans, vehicle loans, business loans, credit cards, insurance products, investment services, and trade finance. IDBI Bank has a pan-India presence with over 1,900 branches and 3,400+ ATMs, making it one of India's largest banking networks. The bank's digital platform — IDBI Go Mobile and internet banking — offers seamless account management, fund transfers, bill payments, and loan applications. IDBI Bank is known for its competitive fixed deposit rates, wide product range, and strong corporate banking capabilities built on its development finance institution legacy. It is DICGC insured, RBI regulated, and listed on BSE and NSE. As one of India's few banks transitioning from a development finance institution to a full-service commercial bank, IDBI Bank offers a rare blend of institutional strength and retail banking innovation.