IDBI BANK

CASA STUDY
Presented by:
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
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 Book
Get 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 account
Now 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 Deposits
This 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
account
In 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