IDBI Abbreviation

Looking for IDBI abbreviation? We have got you covered in this guide. We have listed down different possible abbreviations of IDBI in various groups like Public Sector Bank in India, NSE Company Symbol, Miscellaneous, and Stock Exchange.

FullFormFactory is the largest source of abbreviations generated in different ways using AI and verified by our community. You can see all the abbreviations in different categories popularity-wise followed by the most popular abbreviation of IDBI in the image.

Popular abbreviations of IDBI:

Searching for IDBI abbreviation / IDBI full form leads to different results in different categories. The below table illustrates the popular acronyms among them.

You can download this image and share it on social media. If you are a website owner, you can add appropriate citations to use this IDBI full form, meaning image.

What does IDBI mean?

Industrial Development Bank of India has been providing its financial services since 1964. From July 1964 to September 2004, the IDBI served the customer as a Development Financial Institution. Later, The IDBI expanded the array of services and worked to fulfill the banking needs of people.

From October 2004, the IDBI started offering banking services to the general public and changed its name from IDBI Ltd to IDBI Bank Ltd. IDBI merged all its subsidiaries – United Western Bank, IDBI Home Finance, IDBI Banks, and IDBI Gilts.

The bank has more than 1890 branches across India and more than 3300 ATMs in different cities and towns.

The bank has been categorized as a Private Sector Bank by the Reserve Bank of India from January 2019. More than 51% of the paid-up equity share has been acquired by the Life Insurance Corporation of India.

The bank provides a few unique banking services

Internet banking

It provides services with the secure socket layer that help the customer with account transaction, online bill payment, requests, and many more. It provides 24 hours services from anywhere.

PayMate Service

Now your mobile can work like a debit card or credit card. With this App, you can pay from your mobile phone and enjoy convenient shopping.

Positive Pay System

PPS adds another layer of security in the cheque clearing process. The issuer submits the cheque to the bank, and the bank verifies all details through a positive pay system.

PayWiz UPI

Customers can download the App on mobile; it has various features and can make payments using the Unified Payments Interface (UPI).

JusTap

It enables people to open an account from home or office, and the bank will also process the paperwork digitally. The bank offers the account number within a few hours.