What does IDCB mean in BANKING
IDCB stands for Idukki District Co-operative Bank, LTD. It is a state co-operative bank located in the Indian district of Idukki in Kerala. The bank was established in 1953 and currently has more than 75 branches across the district. IDCB's main activities involve providing banking services to the local rural population as well as enabling them to access various government schemes related to agriculture, education, housing etc. The bank also provides other traditional banking services like loans, deposits, ATM and debit cards etc.
IDCB meaning in Banking in Business
IDCB mostly used in an acronym Banking in Category Business that means Idukki District Co-operative Bank, LTD.
Shorthand: IDCB,
Full Form: Idukki District Co-operative Bank, LTD.
For more information of "Idukki District Co-operative Bank, LTD.", see the section below.
Bank Services Offered By IDCB
IDCB offers a range of banking products and services to its customers. These include regular loan products like agri gold loan, home loan, vehicle loan and education loan along with savings accounts, current accounts and recurring deposit accounts. The bank also provides a debit card linked to its accounts which can be used at any ATM or Point of Sale terminal across the country. In addition to this, IDCB also offers online banking services like net banking and mobile banking through its own app "MyIdukki".
Other Benefits Of IDCB
Apart from providing banking solutions to its customers in Idukki District, IDCB is also involved in availing benefits on behalf of the Government of Kerala such as directly crediting pension amount into beneficiary's accounts every month through ePension scheme, Credit linked subsidy scheme (CLSS) under Pradhan Mantri Awas Yojana (PMAY) for affordable housing solution etc. The bank is also actively involved in imparting financial literacy through Financial Education Centres all over its operating area.
Essential Questions and Answers on Idukki District Co-operative Bank, LTD. in "BUSINESS»BANKING"
What services does Idukki District Co-operative Bank, LTD. provide?
Idukki District Co-operative Bank, LTD. offers a range of banking services including deposit accounts, loans, ATM services, international money transfers and other financial services. All these services are designed to meet the needs of our customers in Idukki district.
How can I open an account with Idukki District Co-operative Bank, LTD.?
To open an account with us you need to visit one of our branches and fill out the necessary paperwork along with any required documents such as ID proof and address proof. Once your application is approved you will be able to access all the products and services we offer.
Is it easy to transfer money from my account with Idukki District Co-operative Bank, LTD. to another bank?
Yes! We offer both online and offline options for transferring funds from your account with us to another bank within India or abroad. Our online facility makes money transfer quick and easy while our offline option allows you to transfer funds directly from your branch.*
Are there any fees associated with opening an account at Idukki District Co-operative Bank, LTD.?
There are no fees associated with opening an account at our bank provided that all paperwork is completed correctly during the application process. However certain fees may be applicable when using certain products or services such as ATM withdrawals. Please check with your local branch for more information on these fees.
Does Idukki District Co-operative Bank, LTD. offer savings accounts?
Yes! We have a wide range of savings products available for individuals as well as businesses including fixed deposits, recurring deposits and flexi deposit accounts tailored towards specific needs such as retirement planning or education expenses.
What are the interest rates offered by Idukki District Co-operative Bank, LTD.?
The interest rate offered by us depends on the type of product or service chosen by the customer; please contact your local branch for more information on this matter. Generally speaking however our interest rates tend to be competitive compared to other banks in the area.
Can I get a loan from Idukki District Co-operative Bank, Ltd.?
Yes! We offer various loan products including home loans, car loans and personal loans tailored towards specific needs such as business expansion or household renovations these loans come at attractive interest rates depending on the length of repayment period chosen by customers.
Is it secure to use online banking with Idukki District co operative Bank Ltd.?
Absolutely! Our online banking platform is secured via state of art encryption technology which ensures that all transactions made via this platform remain safe and secure from potential malicious attacks.
Final Words:
In conclusion, IDCB stands for Idukki District Co-operative Bank Ltd - a premier state co-operative bank serving people living in remote parts of Idukki District since 1953 . It provides various traditional banking services along with extending financial assistance through government schemes towards achieving socio-economic development of people living in the district. Apart from that it has facility for providing various digital services such as net banking, mobile app etc so that customers can avail all the features from any corner of world with just an internet connection or few clicks on their smartphone screen!