Debit Card Offers

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IDBI Bank Ltd.
http//www.idbi.com/
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About IDBI
The Industrial Development Bank of India Limited
commonly known by its acronym IDBI. It is one of
India's leading public sector banks and 4th
largest Bank in overall ratings. RBI categorized
IDBI as an "other public sector bank". It was
established on July 1, 1964 by an Act of
Parliament .The main aim behind setting up of
IDBI was to provide credit and other facilities
for the Indian industry, which was still in the
initial stages of growth and development. The
Industrial Development Bank of India (IDBI) was
established under an Act of Parliament as a
wholly owned subsidiary of the Reserve Bank of
India.
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Mission

• Delighting customers with our excellent service
  and comprehensive suite of best-in-class
  financial solutions
• Touching more people's lives with our expanding
  retail footprint while maintaining our excellence
  on corporate and infrastructure financing
• Continuing to act in an ethical, transparent and
  responsible manner, becoming the role model for
  corporate governance
• Deploying world class technology, systems and
  processes to improve business efficiency and
  exceed customers expectations
• Encouraging a positive, dynamic and
  performance-driven work culture to nurture
  employees grow them and build a passionate and
  committed work force
• Expanding our global presence
• Relentlessly striving to become a greener bank.

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IDBI Bank launches debit cum credit card
IDBI Bank today unveiled Magic Card -- a debit
card with in-built credit for salary account
holders in a bid to improve its CASA ratio to 24
per cent from 20 per cent as of now during the
year. "The card will work as a debit card till
the account holder has balance in it but once
exhausted, any further withdrawal or expenditure
on the card, magic card will act similar to a
credit card," IDBI Bank Chairman and Managing
Director R M Malla said. Though, only basic
difference between the magic card and a typical
credit card is there is no free credit period but
at the same time rate of interest will be much
lower and linked to bank rate. The credit limit
or overdraft limit will be either two or three
times of net salary depending on the rating of
the organisation. However, the facility will be
offered only to salary account holders in the
bank.
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Contact Us
Registered Office IDBI Bank Ltd. IDBI Tower, WTC
Complex, Cuffe Parade, Colaba, Mumbai
400005. Swift IBKLINBB Customers can contact
our 24 X 7 Phone Banking numbers from any
Landline / Mobile number, our Toll free numbers
are as follows 1800-200-1947 1800-22-1070 Debit
Card Blocking Toll Free number 1800-22-6999 Our
Non-Toll Free number (91-22) 6693 7000 Contact
number for outside India customers (91-22) 6693
7000 Anti-Corruption Hotline [phone]
(10.00 am to 6.00 pm)
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THANK YOU