Product Details
Bank Name
IDBI Bank
Account Name
IDBI Bank Advantage Plus Account
Account Type
Saving
Interest Rate
Upto Rs. 5 Cr -3.00% and Above Rs.5 Cr up to Rs.100 Cr-3.25%.
Free Debit Card
Yes
Account Opening Fees
0
Debit Card Charges
Rs.150/-
Annual Maintenance Fees
0
NEFT Charges
Free through Net /MobileBanking
Minimum Account Balance
Rs. 50000
IMPS Charges
Upto Rs. 1000/- per Transaction -NIL ,Above Rs. 1000/- - Rs. 1 Lac -Rs.5/-
Fees and Charges of
IDBI Bank Advantage Plus Account
IDBI Bank Advantage Plus Account
Special Features
25% discount on locker rent for primary holder.
Eligibility Criteria
Not specified by the bank.
Benefits
Features, Eligibility and Benefits of
IDBI Bank Advantage Plus Account
Pros & Cons of
Pros
An International Debit card is available.
Passbook facility.
Free five ATM transactions at other Bank ATMs at Non-Metro locations.
Value-added services.
25% discount on locker rent for primary holder.
Cons
Low interest rate.
IDBI Bank Advantage Plus Account
IDBI Bank Advantage Plus Account Review
The account comes with low interest rate and offers average value add features.
Abhijeet Saxena
Abhijeet Saxena
Nalsar University of Law
Ex- Senior Associate, Shardul Amarchand Mangaldas, Delhi
Ex - Khaitan & Co. Bengaluru,
Ex - National Stock Exchange, Mumbai,
Ex - Argus Partners, Mumbai
Review of
IDBI Bank Advantage Plus Account
Account Opening and Procedure of
How to open an Account?
Opening a savings account with IDBI Bank can be done through a couple of methods, primarily involving either online initiation or a visit to a physical branch. Here's a breakdown based on the information I found:
Key Methods:
Visiting a Branch:
This is a traditional and reliable method. You can visit your nearest IDBI Bank branch.Bank personnel will guide you through the process, help you fill out the necessary forms, and inform you about the required documents.
Online Initiation:
IDBI Bank does offer online options to initiate the process. You can start by:Visiting the official IDBI Bank website.
Looking for the savings account section.
You may find options to fill out an online form, and then a bank representative will contact you.