Dec 18 2009

IDBI Bank cuts Home Loans Interest Rates

After the announcement from other major banks like SBI, ICICI and HDFC to reduce the home loans interest rates, now IDBI bank joined the party to reduce the home loans interest rates effective from 16th December, 2009.
It is offering 8.25 per cent fixed rate for all its new loans till March 2012. The offer is [...]

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Sep 3 2009

Restriction on free ATM usage!!!

RBI has announced that from April 1, 2009 onwads withdrawl on the other ATM centers would be free of charge. That means if you are the ICICI Bank customer, you can use the HDFC or any other bank’s atm to withdraw the money without any charge. Previously the charge is taken from the customer.
But, again [...]

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Sep 2 2009

IDBI Bank revises Fixed Deposit rates

IDBI Bank revises its Fixed deposit interest rates with effective from August 12th 2009. It is known that many of the major banks like SBI, ICICI Bank started slashing the interest rates for  the fixed deposit schemes. Below table presents the latest interest rates offered by IDBI bank:

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Mar 4 2009

IDBI Bank Reduces Interest rates on home loan, Fixed Deposits

Taking cue from the public sector banks, state-run IDBI Bank also cuts its home loan rates by up to100 basis points for the new borrowers with effect from March 3rd.
The bank said that floating interest rates for home loans up to Rs 20 lakh have been revised down by 100 basis points to 10.25% and [...]

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