Institutional Banking

As an institution that's working towards the betterment of society, you need a bank that not only understands your banking needs, but also what you do and how you do it. At IDBI Bank, we're committed to providing you with the finest banking experience, through unique features and solutions that are tailored with an emphasis for institutions like yours.
The Institutional Savings Account isn't just a product; it's an endeavour to address your very unique needs. It's a complete banking and financial advisory service to the following types of organisations:

Trusts - Religious, Social, Charitable
Associations
Societies
Clubs
Educational Institutions - Schools and Colleges
Hospitals, Clinics
Non - Government Organisations
Government Organisations
Retirement Solutions - Provident Fund, Superannuation and Gratuity.

Open an account with us, get special benefits:

Payable at Par Chequebooks

All your outstation cheques will be cleared as fast as local cheques. This will greatly benefit your associate organisations that you would be sending money to. You can use these at Par Cheques as Demand Drafts at all our branch locations.

Any Branch Banking

Access your account from any IDBI Bank branch across the country and transfer funds freely between accounts. You can also deposit outstation cheques at local branches.

Document Pick-up and Delivery*

Our representative will deliver and pick up documents from our drop box placed in your premises, so that you can enjoy the best of doorstep banking. We'll also arrange to pick up and deliver cash from your doorstep.

Salary Account for your Staff

When you open a Salary Account with us, you can disburse salaries without issuing numerous cheques.

Single Window Solution

You needn't run from one desk to another. You'll have a dedicated Relationship Manager to look after all your banking needs.

Additional benefits of banking with us

No minimum balance requirement

The Zero Balance Account allows you to spend the entire amount in the account without charging you anything. This ensures that every rupee available is to put to effective use.

We'll issue Demand Drafts/Pay Orders payable at any of our locations. These will be free of cost, without any limit on the value.