CASA STUDYPresented by:

IDBI BANK

IDBI BANK- Brief Introduction• IDBI was set up as a non-banking institution to provide project finance. High funding costs and rising NPLs led to its operations becoming unviable. The government therefore restructured it by

(a) converting it into a bank, (b) transferring most of its NPLs to an SPV, (c) re-pricing its high cost liabilities, and (d) merging it with a private bank. With strong corporate relationship and increasing branch presence IDBI is well poised to capitalize on strong growth opportunities in the Indian banking space.

DEPOSIT PRODUCTS:CURRENT ACCOUNT AND SAVING ACCOUNTS(CASA)

• Regular Savings Account 

IDBI Bank believes that different people have different needs. Thus, we offer various different types of Savings Account to cater to our diverse customer base. Be it individuals, kids, women, corporates, senior citizens, we have an account tailor-made for each one of them. The various types of Savings Account offered By IDBI Bank are as follows: • SuperSavings Account• SuperShakti (Womens') Account• Jubilee Plus (Senior Citizens) Account• Power Kidz Account• Sabka Account -No Frill account• Pension Savings Account (Central Government Employees)

1. Super Savings Account:Features:•Super Savings Account 

The Super Savings Account is a complete financial package that provides you with easy access to your money and complete banking convenience too. It offers you a whole range of options for optimal management of your money. With Super Savings Account you not only save your money but also make it grow.

So apart from the basic benefits of a savings account, we offer you options for faster transfer of funds, options to pay your bills or tax online and options to grow money at attractive interest rates in the savings account. 

Super Savings Account: Benefits• Instant Banking•Free International Debit Card•Free Demand drafts and Pay order•Easy Payments•Bank on the Move•Profit from your Account•Value Added Services•Travel and Gift Solutions

2. Super Shakti ( womens’ )account:Features

•Understanding the specific requirements of our customers, we at IDBI Bank have introduced a special Savings Account for Women, which we have coined ‘Super Shakti’. Not only this, along with this account we offer one Zero Balance Savings Account absolutely free for her child below the age of eighteen years. The Account offers you a host of features, which include: 

Super Shakti ( womens’ )account:Benefits

•Free Transactions at other Bank ATMs.•A Zero balance account for your child below the age of 18 years.•Auto Sweep out/sweep in facility•Free International ATM cum Debit card.•Free Personalised PAP Cheque Book.•Free Demand Draft and Payorder•Free Statement by e-mail•50% discount on Demat AMC•Locker services at a concessional rate• Investment advisory services

3.Jubilee Plus (Senior CitizensAccount :Features• Now banking can be done from home. IDBI bank has brought

to the senior citizens an account that can facilitate your banking transactions with hosts of facilities catering to the needs of the customer. This is deal in which you cannot just save the money but also make it grow. • Benefits:• Free zero balance Sponsor’s account.• Auto Sweep out/sweep in facility• Relationship Manager to guide about investments.• Provide them with various investment options.• Free debit card• Free multicity cheque book• No limit on ATM transactions, all banks• Free Demand Draft and Pay order• Free Statement by email• Locker services at a concessional rate• Exposure to TPD products.

4. Power Kids Account :Features• Power Kids Account 

With the growing focus on the Kids segment and its requirements, IDBI Bank realized the importance of introducing a product specifically catering to this market. These days, parents' start saving money for their children right from the day they are born and by supporting this thought IDBI bank has designed the “POWERKIDZ” account, cut for the needs of children. 

It is a piggy bank for the Kids that will not just keep their money safe but provide an interest on the same, allow them to take out money when required, make smart purchases by way of exclusive debit card, teach them to operate their account in a better and convenient way and also advise them from time to time about better investment options. 

Power Kids Account :Features•Kids at a young age can start saving the amount received from parents/guardian into these account which will not just inculcate the habit of saving but also act as an instrument in guiding them into financial sector. Coupled with various training programs and with insight to various other products children can make better investment decisions in future. They can even have the benefit by availing education loan from IDBI bank at a competitive interest rate for funding their higher education in India and Overseas. 

Power Kids Account :Features

•Free Kids ATM card with withdrawal limit upto Rs 2000 at ATM/POS.•Personalised local cheque book with 10 leaves free.•Free monthly statements via mail on request.•Free passbook.•Free Demand Drafts and Pay orders

Power Kids Account :Features•Documentation• I S A of Guardian.•Minor Declaration to be signed by the Guardian.•Guardian's photograph and signature required on AOF.•Two Minors or two guardians not allowed in a minor account.•Only natural guardians as per law are acceptable, otherwise guardian should be a person appointed by a court of law.

Power Kids Account :Features: Contd:•For Minor Date of Birth proof (any one of the following documents)•Birth Registration certificate•Passport•Report card showing DOB•School ID card with Photo and DOB mentioned•Minor Declaration to be signed by the Guardian•All supporting documents to be signed by the customer i.e. self-attestation and the officer verifying the original documents.

Power Kids Account :Features: Contd:• If Minor above 10 years and he himself operates the account, his/her photo is required.•Letters to the Minors attaining majority will be sent by CPU with a copy to branch.•On attaining majority, the accounts will be frozen and the freeze will be removed only after submission of documents.

5.Sabka Account -No Frill account•Sabka Account -No Frill account

IDBI Bank introduces Sabka Account - a savings account that’s literally meant for everyone; absolutely elementary in its approach and Zero Balance for Financial inclusions. 

•Salient features of Sabka Account– NO Frill Account•Debit cum ATM Card and Cheque BookGet an ATM cum Debit Card and cheque book on request. The card allows you to transact at IDBI Bank ATMs and shop at retail outlets. The cheque book however, will help you carry out other banking transactions

Sabka Account -No Frill account:Features•Multiple ways to access your accountNow you don’t need to visit the bank time and again. Our unique services like Phone Banking, SMS Banking and Internet Banking will allow you to access your account from anywhere, anytime•Recurring DepositsThis account offers you a recurring fixed deposits service wherein you can earn a higher rate of interest just by investing a small amount (as low as Rs 100) every month. There will be no charges for standing instruction for credit to Recurring Deposits account from the Savings Account.

Sabka Account -No Frill account:Features•Relaxation in Documentation for opening Sabka accountIn case a person wants to open a Sabka account, but is not able to furnish all the documents as required by the bank, an account can be opened with Introduction from another account holder who has been subjected to full KYC procedure as required by the bank. (The introducer's account with the bank should be at least six month old and should show satisfactory transactions. Photograph of the customer who proposes to open the account and also his address needs to be certified by the introducer).

Sabka Account -No Frill account:Features•Any other evidence as to the Identity and Address of the customer as required by the bank•  •For all accounts opened with such relaxed documentation, if, at any point of time, the total balance in all the customers' accounts with the bank (taken together) exceeds rupees fifty thousand (Rs. 50,000/-) or total credit in the account exceeds rupees one lakh (Rs. 1,00,000/-), no further transactions will be permitted by the bank, until the full KYC procedure is completed

• At IDBI Bank, it is our constant endeavor to provide you products and services that will enhance your banking experience. From time to time we identify your needs and produce quality products that will simplify banking for you. Our extensive branch and ATM network, technology initiatives, and correspondent banking arrangement with banks across the globe have leveraged us to provide superior services.

THANK YOU