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BANKING PRODUCTS - CATEGORY WISE
Agriculture Business Cards
Corporates Demand Deposit Education
Group Insurance NRI
Personal / Individual Professional Self Employed Property
Remittance SME Technology
Term Deposit
AGRICULTURE
Agri Clinic and Agri Business Centres
Agricultural Godowns / Cold Storage
Loans for maintenance of Tractors under tie-up with Sugar Mills
SHG - Vidhya Shoba
Sugar Premium Scheme
Golden Harvest Scheme
Kisan Credit Card
Agricultural Jewel Loan Scheme
Agricultural Produce Marketing Loan
Financing Agriculturists for Purchase of Tractors

Purchase of second hand (pre-used) Tractors by Agriculturists
SHG Bank Linkage Programme - Direct Linkage to SHGs
Joint liability group (JLG)
Gramin Mahila Sowbhagya Scheme
Janashree Bhima Yojan (Launched in association with LIC)
Universal Health Care (launched in Association with UIIC Ltd)
DRI Scheme – Revised Norms
NRE SB ACCOUNTS
* To supplement existing extension network to accelerate the process of
Purpose / Objective technology transfer to agriculture.
* To provide gainful employment to graduates in agriculture and allied activies.
Graduates in Agriculture and Allied subjects like horticulture, animal husbandry,
Eligibility forestry, dairy, veterinary, poultry farming, pisciculture and other allied
activities etc.
* The project can be taken up whether individually or on Joint / Group basis.
Amount of Loan * The ceiling for the project cost by individual Rs.10 lakhs and for the group at
Rs.50 lakhs [@ Rs.10 lakhs per member of the groups].
* Upto Rs.5.00lakhs – No margin.

Margin
* above Rs.5.00lakhs - 15% of the project outlay.
TL-Repayment : upto 35 Months :
Amount Slab(Rs. in Lakhs) Interest Rate

Interest Rates
<0.50 BR +0.75+0.50%-11.75%
>0.50 to 2.00 BR +2.00+0.50%-13.00%

>2.00 to 5.00 BR +3.00+0.50%-14.00%
>5.00 BR +3.50+0.50%-14.50%
TL-Repayment : 36 months and above :
Amount
Slab(Rs. in Interest Rate
Lakhs)
BR +0.75+1%-
<0.50
12.25%
>0.50 to BR +2.00+1%-
2.00 13.50%
>2.00 to BR+3.00+1%-
5.00 14.50%
BR+3.50+1%-
>5.00
15.00%
Loan period between 5 to 10 years including

Repayment grace period of a maximum of 2 years
depending on the activity. [Repayment

programme will take into account of income
generation, economic life of the asset etc.]
* Limits upto Rs.5 lakhs - Assets created out of
Bank loan.
* Limits above Rs.5.00 lakhs - Assets created

Security
out of Bank loan, Third Party Guarantee,
Mortgage of properties covering atleast 100%
of the loan exceeding Rs.2.00 lakhs.
It has been revised from Capital and Interest
subsidy to Composite subsidy which will be
back ended in nature. It will be 44% of project
cost for women, SC/ST and all categories of
candidates from NE and Hill states and 36% of
project cost for all others. In all new cases,
subsidy will be released as composite subsidy.
Subsidy Loan/subsidy will be released as Composite
subsidy. loan/subsidy (capital and interest)
cases sanctioned so far (but not closed) shall be
converted to Composite Subsidy regime and
the differential amount between the
Component Subsidy and subsidy already
released shall be paid to the agri preneurs as
per the scheme guidelines.

For construction of new Agri godowns or cold storages, market yards, silos /
Purpose / Objective expansion of existing units / modernisation of existing units, irrespective of their
location and takeover of standard accounts of such units from other banks.
Individuals, Group of Individuals, NGOs, Association of growers, Partnership /
Proprietary firms, companies, Corporates, Co-operatives, Agri produce

Eligibility
Marketing Committees, Marketing Boards / Committees & Agro-industries
Corporations etc.
Medium term loan and short term loan for working expenses, based on the
Amount of Loan
project.
Margin 30% of Wholesale Market Price of the Produce.
Interest Rates BR+ 07.5+1.00 – 12.25%
Repayment 9 to 11Years including holiday period of 2 years(Half yearly installments)
* Hypothecation of the assets created with the bank loan.
* Hypothecation of the produce stored in the godown, if owned by the godown

Security
owner.
* Mortgage of Properties.
To meet the cost of repairing and maintenance of tractors and farmers registered
Purpose / Objective
with sugar mill.
Eligibility Tractor should be less than 15 years.
i) A maximum of Rs,50000/- for repairs of tractors.
Amount of Loan ii) For replacement of engine - as per cost of engine of standard make of the
tractor.
Margin 15% of total project cost.
Amount
Lakhs)
BR+0.75+1-
<0.50
Interest Rates 12.25%
Repayment To be repaid within 12 months.
Security Third party guarantee.

To meet the cost of repairing and maintenance of tractors and farmers registered
Purpose / Objective
with sugar mill.
Eligibility Tractor should be less than 15 years.
i) A maximum of Rs,50000/- for repairs of tractors.
Amount of Loan ii) For replacement of engine - as per cost of engine of standard make of the
tractor.
Margin 15% of total project cost.
Amount
Lakhs)
BR+0.75+1-
<0.50
Interest Rates 12.25%
Repayment To be repaid within 12 months.
Security Third party guarantee.

SHG - Vidhya Shoba
Purpose / Objective To meet the educational expenses of the children of SHG members.
SHGs with a good track record / repayment, which is in existence for more than
Eligibility
2 years.
In Multiples of accumulated savings subject to maximum of six times at any
Amount of Loan time of the year depending upon educational requirements of the wards of SHG
members.
For Short Term Loan (STL) :
Amount
Interest
Slab(Rs. in
Rate
Lakhs)
BPLR less
Interest Rates Upto 2.00
1.00%
>2.00 BPLR
Repayment Repayment is over a period of 12 – 24 months.
Kisan Credit Card
Purpose / Objective *To meet the short term credit requirements for cultivation of crops
*Post harvest expenses
*Produce Marketing loan
*Consumption requirements of farmer households
*Working capital for maintenance of farm assets and activities allied to
agriculture, like dairy animals, inland fisheries etc
*Investment credit requirements for agriculture and allied activity like pumpsets,
sprayers, dairy animals etc
*All Farmers – Individuals / Joint borrowers who are owner cultivators
*Tenant Farmers, Oral Lessees & Share Croppers

Eligibility
*Self Help Groups or Joint Liability Groups of Farmers including tenant
farmers, share croppers etc
*Assessment of crop loan component based on the scale of finance for the crop
plus insurance premium x extent of area cultivated + 10% of the limit towards
post-harvest / household/consumption requirements + 20% of limit towards
maintenance expenses of farm assets.
*Flexi KCC with simple assessment prescribed for Marginal Farmers.
*Validity of KCC for 5 years.
*For crop loans, no separate margin need to be insisted as the margin is in-built
Amount of Loan
in scale of finance.
*No withdrawal in the account to remain outstanding for more than 12 months;
no need to bring the debit balance in the account to zero at any point of time.
*Interest subvention /incentive for prompt repayment to be available as per the
Government of India and / or State Government norms.
*No processing fee up to a limit of Rs. 3.00 lakh
*One time documentation at the time of first availment and thereafter simple
declaration (about crops raised/ proposed) by farmer.
*KCC cum SB account to be provided to farmers instead of having two separate
accounts. The credit balance in KCC cum SB accounts is to be allowed to fetch
interest at savings bank rate.
*Disbursement to be effected through various delivery channels, including ICT
driven channels like ATM/ PoS/ Mobile handsets.
*ROI linked to Base Rate. However, if Government supported interest
subvention is provided for any component of the limit, the rate of interest is to
be fixed accordingly. (Presently interest rate for short term crop loans/KCC
sanctioned to farmers up to Rs 3.00 lakh is 7% as per extant interest subvention
scheme of Government of India).
*Long term loan limit under KCC is linked to base rate.
Amount
Lakhs)
Interest Rates
Upto 3.00 7%
>3.00 to BR +
5.00 3.00+0.50%
>5.00 BR+3.50+0.50%
*Each withdrawal under the short term sub-limit
Repayment be allowed to be liquidated in 12 months
without the need to bring the debit balance in

the account to zero at any point of time. No
withdrawal in the account should remain
outstanding for more than 12 months.
*The term loan component will be repayable
depending on the type of activity/ investment as
per the existing guidelines applicable for
investment credit
*Security will be applicable as per RBI
guidelines prescribed from time to time.
*Security requirements are as under:
**Hypothecation of crops up to card limits of
Rs 1.00 lakh as per RBI extant guidelines.
**With tie-up for recovery: Hypothecation of
Crops up to card limit of Rs.3.00 lakh without
insisting on collateral security.

Security
**Collateral security by way of mortgage of
immovable property is to be obtained for loan
limits above Rs.1.00 lakh in case of non tie-up
and above Rs.3.00 lakh in case of tie-up
advances.
*In States where banks have the facility of
online creation of charge on the land records,
the same shall be ensured.

Kisan Credit Card
*To meet the short term credit requirements for cultivation of crops

Purpose / Objective

Eligibility

Amount of Loan
*For crop loans, no separate margin need to be insisted as the margin is in-built
Amount
Interest Rates
Lakhs)
Upto 3.00 7%
>3.00 to BR +
5.00 3.00+0.50%
>5.00 BR+3.50+0.50%
be allowed to be liquidated in 12 months
Repayment outstanding for more than 12 months.
investment credit
Security Crops up to card limit of Rs.3.00 lakh without
advances.
Gramin Mahila Sowbhagya Scheme
To finance the rural women in purchase of consumer goods like mixie, gas,
Purpose / Objective
stove, TV, 50CC and less two wheelers etc.
* Married rural, semi urban and urban women engaged in agriculture or
activities allied to agriculture.

Eligibility
* Aged between 18 to 55years.
* Minimum family income should be RS.2500 p.a.
* Minimum – Rs.5000/-
Amount of Loan
* Maximum – Rs.15000/- (depending upon the land holding).
Margin 5% of the project cost.
Repayment 12 Quarterly installments without holiday period.
* Hypothecation Of the asset purchased out of the loan amount.

Security
* Guarantee of the spouse / family member of the women who owns the land.
Other Requirements/Details BR+5.00%+0.50%=16.00%

DRI Scheme – Revised Norms
To lend at a concessional rate of interest, i.e. @ 4% p.a. for productive / self

Purpose / Objective
employment ventures.
* Scheduled Cases/Scheduled Tribes and others engaged on a very modest scale
in Agriculture and / or allied agricultural activities.
* People who themselves collect or do elementary processing of forest products
and people who themselves collect fodder in difficult areas and sell them to
farmers and traders.
* People physically engaged on a modest scale in the fields of cottage and rural
Target Group
industries and vocations - e.g.: cutting cloth and sewing garments, making
reasonably cheap eatables, home delivery service of articles and commodities of
daily use, running wayside tea stalls, plying of manual rickshaws and cycle
rickshaws, repairing of shoes sandals mainly by hand, basket making by hand
etc.
* Physically handicapped persons pursuing gainful occupation.
* Family income not exceeding Rs.18, 000/- p.a. in rural areas and Rs.24, 000/-
p.a. urban / semi urban areas.
* Land holding does not exceed 1 acre irrigated or 2.5 acres in case of un-
irrigated land.
Eligibility * SCs/STs are eligible for loan irrespective of their land holding, provided they
satisfy other eligibility criteria.
* The beneficiary largely works on his own and with such help as other
members of his family.
* The beneficiary should not have another source of finance while DRI loan
exists.
* Maximum of Rs.15,000/- by way of terms loan and / or working capital.
* The maximum limit for housing loans under the scheme is Rs.20,000/-
Amount of Loan * In the case of physically handicapped persons, a sum of Rs.5,000/- for
purchase of aids, appliances and equipments may be granted, apart from the loan
amount of Rs.15,000/-.
1. Orphanages and Women’s homes.
2. Institutions for physically handicapped.

DRI through Institutions
3. State Corporations for SC / ST.
4. State Minority Finance / Development Corporation.
* 1% of the total advances as at the end of the previous year.
* 40% of the bank credit under the scheme should flow to the eligible borrowers
Target belonging to Scheduled Castes and Scheduled Tribes.
* Not less than 2/3rd of the advances under the scheme are to be routed through
Rural and Semi urban branches.
* Maximum of 5 years.
* In case of housing loans, the repayment period is extendable to 7 years in
Repayment hardship cases.
* Installments to be fixed monthly or otherwise depending on income
generation.
Security Hypothecation of assets purchased out of loan.

NRE SB ACCOUNTS
1. Accounts can be opened by remittances from abroad,deposit of foreign
exchange brought into India , transfer from existing self NRE/FCNR accounts.
2. Accounts can be opened jointly with any other Non-Resident Indian /
Residents who are close relatives (as defined in Section 6 of the Companies Act
Eligibility 1956) of the NRI.
3. Joint account with resident close relatives is permitted only under Former
(NRI) or Survivor (resident) basis.
4 Non-Resident Indians can appoint residents to operate their NRE accounts for
local payments through a power of attorney.
1. Withdrawals for local payments or payments abroad in any convertible
currency are allowed as per the extant RBI guidelines.
2. Standing instructions can be undertaken for periodic payments of insurance
Benefits premia, school fees, etc.
3. Funds from these accounts are freely repatriable.
4. Nomination facility is available. - Nominee can either be a resident in India or
a resident outside India .
1. Interest on the deposit is free of Indian Income Tax.
Tax Benefit 2. Use of NRE accounts is obligatory for channelising funds for all repatriable
investments in India (including investments in shares and securities).
Salient Features 1. Deposit scheme where balance are maintained in Indian Rupees.
Subject : Business
IND STAR Rice Mill
IND SME Secure
IB Tradewell
Loan / OD against NSC / KVP / Relief bonds of RBI / LIC policies
Loan / OD against Deposits
Current Account
Premium Current A/c with Sweep Facility
e Payment of Direct Taxes
ATM/Debit Cards
CMS Plus
IndJet Remit (RTGS)
NEFT
MCA Payment
e Payment of Indirect Taxes
Ind Phonebanking
Ind Mobilebanking
Ind Netbanking
IND STAR Rice Mill
Purpose / Objective Financing rice mills through out the country.
Eligibility Rice Mills under MSME ( Fresh as well as existing )
Amount of Loan Depending on the project cost
* Stocks - Limits less than Rs.1.00 crore - 20% --Limits Rs.1.00 crore & above -
25%
Margin
* Book Debts - 25% ( upto 90 days duration)
* Term Loan - New machines - 25% --Land & Bldg - 30%
Interest Rates Please see the Interest Rate link on home page
Repayment Max. 7 years for TL including holiday period of 12 months.
* Loan upto Rs.10.00 lacs - Hypothecation of assets created
Security * Loan above Rs.10.00 lacs - Hypothecation of assets created
* EM of property
Financing of rice mills for purchase of machines / modernisation and working

Salient Features
capital needs
IND SME Secure
Eligibility All MSME accounts - existing as well as fresh
Amount of Loan Minimum exposure- above- Rs.10 lakh

Maximum Exposure
Rs.10.00 Crore per borrower
Rs.25 crore per group
25% on stocks and book debts
25% on plant & machinery

Margin
10% cash margin on NFB
30% on Building
Subject to availability of cash flow / DSCR to service term loan as per

Repayment
norms.
Hypothecation of stocks, book debts, plant & machinery
Security EM of factory property
Value of RBI bonds, NSC shall be accepted as collateral security
Financing the MSMEs based on collateral security coverage.

Salient Features
Minimum collateral requirement -75% of the limits
IB Tradewell
Traders/ Trading Enterprises having minimum 3 years experience with good

Eligibility
standing in the market.
* Maximum exposure per borrower : Rs. 10.00 crores

Amount of Loan
* Of which Ceiling as under --Working capital (FB & NFB) Rs 10.00 crore --
Term Loan Upto Rs 2.00 crore
* Stocks - 15 %
Margin
* Book Debts - 15% ( upto 90 days duration)
Interest Rates Please see the interest rate link on the home page
Repayment Maximum 60 months (excluding holiday period of 6 months)
Security Financing the MSME Traders based on property security coverage.
A Scheme for Wholesalers and Retailers to meet the following purposes: to meet
the working capital needs of trading activities and to meet the term loan
Salient Features
requirements for purchase / setting up infrastructure like hoarding, show cases,
basic offices, amenities, purchase of delivery van etc.
Loan / OD against Deposits
Eligibility Term Deposit Holder of our Bank.
Amount of Loan 90% of accrued value of deposit.
Margin 10% on accrued value of deposit.
* Flexible.
Repayment
* Maximum upto date of maturity of deposit.
Prepayment charges Interest Rate: 2% over the applicable rate for the Term Deposit pledged.
Security Pledge of Term Deposit.

Salient Features For any bankable purpose.
Current Account
Salient Features Ordinary Current Account
Min Amt Quarterly average balance – Rs.5000 prescribed
• Suitable for all type of customers
• ECS/RTGS/NEFT facilities are available
• Nomination facility for individuals and sole proprietor concerns, Multicity

Other Requirements/Details
cheque facility, Intra city, intercity transactions are permitted in CBS branches
• Free ATM card cum Debit card
• No charges for Intra city transactions

• Minimum 15 days to 180 days
Period • For MOD (STD) deposits of 7 days to 14 days – Minimum deposit amt will be
Rs.1 lakh (i.e.,Push will be in multiples of Rs..1 lakh)
Income Criteria • For MOD (STD) deposits of 7 days to 14 days – Minimum deposit amt will be
• Interest will be paid at the time of maturity / closure
• Suitable for Corporates, Traders, Businessmen, Entrepreneurs and HNI’s
• Customer can issue the cheque freely upto the balance in the MOD
• Frequency of transfer to MOD daily – (Period - Minimum 7 days, Maximum
180 days)
• 6 DDs at par upto a maximum of Rs.3 lakhs per quarter each not exceeding
Rs.50000/- and no charges for stop payment and signature attestation
• No charges for Intra / Inter city transactions

Value added
• ATM / Debit card One year from the date of first use – FREE
• Non maintenance of minimum balance - If the average minimum balance in the
Current Account falls below Rs.1,00,000/-, i.e. if the total products are less than
90,00,000 in a quarter, a penalty of Rs.570/- per quarter inclusive of Service Tax
will be levied.
• Push Sweep - The amounts lying in the Account over the threshold balance,
will be transferred to STD automatically in multiples of Rs.10,000/- .
• Pull Sweep - A cheque received for payment or an ATM withdrawal, and the
balance in the CA is not sufficient, on Last In First Out (LIFO) basis, the latest
MOD (STD) will be prematurely closed and transferred automatically to CA to
meet the payment. The PULL Sweep will be in multiples of Rs. 10,000- only
and the customer has no option to change the same
• A Current Account with an option to convert your excess funds in the account
to Term Deposit on a daily basis.
Salient Features • Daily sweep available min Rs.10000 and multiples
• Customer can issue the cheque freely upto the balance in the MOD (multi
option deposit ) plus the balance in the Current Account
• STD upto 180 days
• Minimum Quarterly average balance Rs.1 lakh -(Total products of
Rs.90,00,000 per quarter i.e. 90 days X Rs.1,00,000/-)
Min Amt • Threshold limit Rs.2,00,000/-(i.e. Sweep would be effected only when the
balance exceeds Rs.2,00,000/-)
• Cut off balance for transferring to MOD A/c (threshold balance) will be
Rs.2,00,000 or more, at the option of the depositor.

ATM/Debit Cards
Eligibility Our Savings Bank and Current account customers
Our 24 hour Hi-powered, value-added ATM cum Debit card , just the size of a
visiting card, is the passport to the facilities available with ATM and for
Salient Features
shopping at Merchant establishment. It brilliantly complements customer's
ambitions, offering more value, more excitement, more service, more extras.
* It can be used in more than 30000 ATMs of various banks.
* The Maestro Debit cards can be used for purchase of merchandize/services
from commercial establishments/service organisations that display the
"Mastercard", "Maestro" and "Cirrus" logo.
* There are 23 million POS terminals and 1 million ATMs globally that accept
Maestro Debit Cards.
* In India, over 1,50,000 POS terminals and more than 15000 ATMs are
available that accept Maestro Debit Cards.
Other Requirements/Details * Round-the-clock cash withdrawals.
* 24 hrs cash and cheque deposits.
* Request can be given for a cheque book through ATM.
* Customer can use the following Bank's ATMs : Punjab National Bank,
Oriental Bank of Commerce, Karur Vysya Bank, IndusInd Bank, UCO Bank,
Bank of India, United Bank of India, Union Bank of India, Syndicate Bank,
Dena Bank, Bank of Rajasthan, Bank of Maharastra, Karnataka Bank, Indian
Overseas Bank, Allahabad Bank, Bank of Baroda, City Union Bank,
Corporation Bank, Development Credit Bank, ICICI Bank, IDBI Bank,

Tamilnad Mercantile Bank Ltd, The Cosmos Cooperative Bank Ltd, The
Dhanalakshmi Bank Ltd., The Jammu and Kashmir Bank Ltd, The South Indian
Bank Ltd., YES Bank Ltd, State Bank of India and its Associate Banks and
Andhra Bank.
* It can be used in ATMs of HDFC Bank, Citi Bank, Standard Chartered Bank,
HSBC Bank, etc., that accept MasterCard / Maestro / Cirrus cards.
* Issued FREE of charge
NEFT
Any customer of a CBS Branch for any amount.

Eligibility
For non-customers NEFT is available against cash remittance up to Rs.50000/-
Transfer of funds to any account in any bank branch enabled for NEFT within
Salient Features
the same day.
* Any amount can be remitted.
* Customer is required to provide beneficiary's account number, name, address,
bank and branch name.
* The beneficiary's bank account is credited on the same day. (If the remittance
is in the afternoon, the amount may be credited on the next day).

Only Customer Transactions
Week days 08.00 A M to 07.00 P M
( Settlement in hourly batches )
Saturdays 08.00 A M to 01.00 P M

MCA Payment
On line : Customers having net banking facility with us. Offline : Corporates and
Eligibility other individuals who have to pay charges, fees to Registrar of Companies
(ROC) for Ministry of Corporate Affairs.
Salient Features Payments for MCA can be made online through internet banking service.
* Visit website http://www.mca.gov.in (or) https://www.indianbank.net.in.
Other Requirements/Details * The user has to choose Indian Bank in the MCA website.
* Can be paid by both offline and online
On line : Customers having net banking facility with us. Offline : Assessees who
Eligibility
want to pay their indirect taxes.
Salient Features Customers can pay taxes like excise duty and service tax through internet
* Visit the Website : https://www.indianbank.net.in.
* Both offline and online.

* Indian Bank is not liable for non-availability of services due to reasons beyond
the controls of the bank.
Ind Phonebanking
Eligibility Customers having Savings Bank, Current Account with us

Salient Features Customers can call for enquiries anytime, anywhere through telephone.
* Call telephone toll free 1800-425-3425.
* Customer can do the balance enquiry.
* Customer can have their account details.
* Customer can have the issued cheque status.

* Customer can have the deposited cheque status.
* Charges : Free
Ind Netbanking
Customers can use the internet to do their banking at the convenience of their
Salient Features
home
* Visit the Website : https://www.indianbank.net.in.
* Customer can view their accounts.
* Customer can get the statement of account.
* Customer can transfer funds to his own accounts.

* Customer can transfer funds to other Indian Bank accounts.
* Customer can remit funds to anyone having account with any bank through
RTGS/NEFT (charges applicable as per RTGS/NEFT).
* Customer can know the cheque details.

* Charges for Net Banking facility : Free.
* DP account maintained with Indian Bank can be viewed.
At present the following payments can be made through netbanking :
* AP online
* TNEB Payment
* IRCTC (Rail ticket) Payment
* IBMBS Payment
* Incometax/TDS Payment
* Service Tax Payment
* Central Excise Payment
* MCA 21 Payment
SUBJECT : CARDS
Kisan Credit Card
ATM/Debit Cards
Credit Cards
Kisan Credit Card

*To meet the short term credit requirements for cultivation of crops

Purpose / Objective

Eligibility
Amount of Loan *For crop loans, no separate margin need to be insisted as the margin is in-built

Amount
Interest Rates Lakhs)
Upto 3.00 7%
>3.00 to BR +
5.00 3.00+0.50%
>5.00 BR+3.50+0.50%

Repayment
be allowed to be liquidated in 12 months
outstanding for more than 12 months.
investment credit
Crops up to card limit of Rs.3.00 lakh without

Security
advances.

Credit Cards
Gold and Classic cards : Indian Nationals and NRIs in the age group of 18-80
Eligibility years.
Bharat cards : Indian Nationals in the age group of 25-60 years.
Salient Features VISA cards available in three variants : Gold, Classic and Bharat cards
* Gold and Classic cards are Global cards and Bharat cards are domestic cards.
* Revolving credit
Gold card : Rs.75001 to Rs.3 lakhs.
Classic cards : Rs.25000 to Rs.75000
Bharat Cards : Rs.10000 to Rs.20000.
* Upto 4 add on cards can be issued for Gold/Classic cards.
* Insurance cover on death due to accident is available.
Other Requirements/Details * Baggage cover is available.
* Credit Shield on death is available.
* Purchase protection cover is available.
* No Joining / annual membership fee.
* Card holder can avail reimbursement of loyalty points (Rs.1/= for every
Rs.200/= spent.)
* Interest free credit period for purchases : Minimum - 15 days and Maximum -
upto 45 days.
ATM/Debit Cards
Eligibility Our Savings Bank and Current account customers
Our 24 hour Hi-powered, value-added ATM cum Debit card , just the size of a
visiting card, is the passport to the facilities available with ATM and for
Salient Features
shopping at Merchant establishment. It brilliantly complements customer's
ambitions, offering more value, more excitement, more service, more extras.
* It can be used in more than 30000 ATMs of various banks.
* The Maestro Debit cards can be used for purchase of merchandize/services
from commercial establishments/service organisations that display the
"Mastercard", "Maestro" and "Cirrus" logo.
* There are 23 million POS terminals and 1 million ATMs globally that accept
Maestro Debit Cards.
* In India, over 1,50,000 POS terminals and more than 15000 ATMs are
available that accept Maestro Debit Cards.
* Round-the-clock cash withdrawals.

* 24 hrs cash and cheque deposits.
* Request can be given for a cheque book through ATM.
* Customer can use the following Bank's ATMs : Punjab National Bank,
Oriental Bank of Commerce, Karur Vysya Bank, IndusInd Bank, UCO Bank,
Bank of India, United Bank of India, Union Bank of India, Syndicate Bank,
Dena Bank, Bank of Rajasthan, Bank of Maharastra, Karnataka Bank, Indian
Overseas Bank, Allahabad Bank, Bank of Baroda, City Union Bank,
Corporation Bank, Development Credit Bank, ICICI Bank, IDBI Bank,
Tamilnad Mercantile Bank Ltd, The Cosmos Cooperative Bank Ltd, The
Dhanalakshmi Bank Ltd., The Jammu and Kashmir Bank Ltd, The South Indian
Bank Ltd., YES Bank Ltd, State Bank of India and its Associate Banks and
Andhra Bank.
* It can be used in ATMs of HDFC Bank, Citi Bank, Standard Chartered Bank,
HSBC Bank, etc., that accept MasterCard / Maestro / Cirrus cards.
* Issued FREE of charge

CORPORATES
Multicity Cheque Facility
CMS Plus
NEFT
IndJet Remit (RTGS)
MCA Payment
External Commercial Borrowing
Eligibility Customers having Savings Bank, Currenct account, OD/OCC accounts.
Salient Features Cheques can be issued to beneficiaries all over India
* Customers can withdraw cash either by self cheque or issue third party cash
cheque up to Rs.50000/= per occasion.
* Minimum Balance :
Savings Bank : Monthly average balance Rs.10000/-.

Current Account : Monthly average balance Rs.50000/-.
OD/OCC accounts : Minimum credit limit Rs.5 lakhs.
* Charges for non-maintenance of minimum balance : please refer service
charges link.
* Charges for multi city cheque facility : please refer service charges link.
* All charges will be debited to Drawer's account only.
CMS Plus
All corporates/PSUs (no turnover stipulation) and other entities with annual
Eligibility turnover of Rs.25 crores, having receivables from / payable to different
locations.
Salient Features A bundle of collection and payment services offered for clients.
* Collection services : Local & Outstation cheques, cash, ECS debit, direct
debit, Inward RTGS/NEFT, Cash, Cheques, DDs etc. can be deposited in to
collection account at any CBS branch.
* Payment services : Multicity cheques, RTGS/NEFT/Issuing of bulk DDs,
ECS, Dividend Warrant, Interest warrant, Statutory payments like government
taxes, etc.
Other Requirements/Details * Clear funds are credited on a daily basis to the current account maintained with
the branch, where the customer is having account or to any other bank by
RTGS/NEFT.
* Value added facilities like customized MIS reports, cheque purchase facility,
collection of instruments at doorstep, etc.
* Online realtime viewing of cheque status, facility for generation of reports,
mail box etc.

NEFT
Any customer of a CBS Branch for any amount.

Eligibility
For non-customers NEFT is available against cash remittance up to Rs.50000/-
Transfer of funds to any account in any bank branch enabled for NEFT within
Salient Features
the same day.
* Any amount can be remitted.
* Customer is required to provide beneficiary's account number, name, address,
bank and branch name.
* The beneficiary's bank account is credited on the same day. (If the remittance
is in the afternoon, the amount may be credited on the next day).

Only Customer Transactions
Week days 08.00 A M to 07.00 P M
Saturdays 08.00 A M to 01.00 P M
Eligibility
Salient Features Customers can pay taxes like excise duty and service tax through internet
Other Requirements/Details * Visit the Website : https://www.indianbank.net.in.

* Both offline and online.
Eligibility
Salient Features Customers can pay income tax through internet
* Visit the website : www.tin-nsdl.com (or) www.incometaxindia.gov.in.
* Can be paid by both offline and online.

External Commercial Borrowing
Eligibility As per RBI guidelines, resident borrowers.
Amount of Loan ECBs can be raised upto USD 500 millions
Upto 20 million USD - minimum average matuity peiod of 3 yeas.
Repayment Above 20 million and upto 500 million USD - minimum average maturity period
of 5 years.
Resident borrowers can raise external commercial borrowings (ECB) from

Salient Features
recognised international financial institutions.
Other Requirements/Details ECBs are classified under two heads : 1. Automatic Route and 2. Apporval
Route.
ECB under approval route are to be forwarded to RBI, Mumbai.
Norms to be observed :
While processing the form ECB, branches must ensure the following :
The form ECB is submitted alongwith form 83 in duplicate, duly certified by the
Company Secretary or Chartered Accountant for allotment of loan registration
number.
Identity of the customer is to be established as per KYC norms, as spelt out in
HO:O&M circular No.24/2003-04 dated 25/02/2004.
Bonafides of the transaction are verified.
Overseas lender talls under any of the recognised categories as rescribed by RBI.
Necessary caution is exercised so that the transaction complies with Anti money
laundering norms.
Prior approval from the Circle Head is to be obtained before forwarding the
application to RBI.
DEMAND DEPOSIT
Non-Resident Ordinary Account
NRE FD/ RIP/ RD ACCOUNTS
Capital Gains
Current Account
VIKAS SAVINGS KHATA – a no frills Savings Bank account

SB Platinum with Sweep Facility
SB - Power Account for Achievers (PAFA)
IB Smart Kid SB a/c ( for children of age 1 day to less than 18 years)
Savings Bank
Non-Resident External (Rupee) Account
Foreign Currency Non-Resident Account
Resident Foreign Currency account for Returning Indians
SB Silver
SB Gold
Non-Resident Ordinary
Account
1. Standing instructions can be undertaken for periodic payments of insurance
premia, school fees, etc.
2. Loans are permitted against the security of NRO term deposits as per the
prevailing RBI guidelines.

Benefits
3. Nomination facility is available.
4. Interest on the deposit is taxable under Indian Income Tax
5. Funds held in these accounts by NRIs can be repatriated up to USD 1 million
after payment of applicable taxes, as per the extant RBI guidelines
Type of account Account can be opened in the form of current, savings, recurring and term
deposits.
1. Accounts can be opened by remittances from abroad, deposit of foreign
2. Accounts can be opened jointly with resident Indian / NRI.
Salient Features 3. Non-Resident Indians can appoint residents to operate their NRO accounts for
4. Withdrawals for local payments allowed as per the prevailing RBI guidelines.
5. Account can be opened only in Indian rupees
1. Accounts can be opened by remittances from abroad,deposit of foreign
2. Accounts can be opened jointly with any other Non-Resident Indian /
Residents who are close relatives (as defined in Section 6 of the Companies Act
Eligibility 1956) of the NRI.
3. Joint account with resident close relatives is permitted only under Former
(NRI) or Survivor (resident) basis.
4 Non-Resident Indians can appoint residents to operate their NRE accounts for
1. The maturity proceeds of deposits as well as interest earned are freely
repatriable.
Benefits 2. Loans are permitted against the deposits up to a maximum of Rs.100 lakhs, as
per the extant RBI guidelines.
3. Subsequent to de regulation measure announced by RBI, interest rates offered

by our Bank on NRE term deposits have been upwardly revised and they are
highly competitive in the industry.
4. Nomination facility is available. - Nominee can either be a resident in India or
a resident outside India .
Salient Features 1. Deposit schemes for NRIs Maintained in Indian Rupees.
Min Period 1 year
Max Period 10 years
Savings Bank
Interest
In January and July on a daily product basis
Rates
• Two cheque books of 2x20 leaves free in a calendar year for cheque operated SB accounts
• Collection of local cheques free
• Collection of Outstation cheques with the presecibed charges
Salient • ICOOC ( Local / Outstation) facility available
Features • ATM cards/Debit cards are provided free of cost
• 24 hrs ATM facility with arrangements with various banks for sharing of their ATMs
• Multicity cheque facility Intra city, intercity transactions,Internet/ mobile /phone banking facilities
are available at all branches
• 50 withdrawals permitted free per half year
• No TDS on interest earned on SB deposits

• Minimum amount- Rs.250/- for non cheque operation
Min
• Minimum balance of Rs.500/- for cheque operation
Amt
• Lesser minimum balance for pensioners and bonafide students
Savings
Bank
Interest Rates In January and July on a daily product basis
• Two cheque books of 2x20 leaves free in a calendar year for cheque operated
SB accounts
• Collection of local cheques free
• Collection of Outstation cheques with the presecibed charges
• ICOOC ( Local / Outstation) facility available

Salient Features
• ATM cards/Debit cards are provided free of cost
• 24 hrs ATM facility with arrangements with various banks for sharing of their
ATMs
• Multicity cheque facility Intra city, intercity transactions,Internet/ mobile
/phone banking facilities are available at all branches
• 50 withdrawals permitted free per half year
• No TDS on interest earned on SB deposits
• Minimum amount- Rs.250/- for non cheque operation
Min Amt • Minimum balance of Rs.500/- for cheque operation
• Lesser minimum balance for pensioners and bonafide students

1. Non Resident Indians (NRI) are permitted to open and maintain the account.
2. Deposits can be opened only in the form of term deposits with a minimum
maturity period of 1 year and for a maximum period of five years.
3. Deposits are accepted in US dollars, Great Britain Pound, Euro, Canadian

Eligible Applicants &
dollars, and Australian dollars.
Requisites
4. Deposits can be made by remittance from abroad, or by funds held in existing
NRE accounts.
5. Accounts can be opened jointly with other Non-Resident Indians.
6. Interest is compounded every half year.
1.Loan facility is available upto a maximum of 20 lacs.
2. Repatriation of principal and interest is freely permitted.
3. Nomination facility is available.
4. Interest earned on the account is free from income tax.

Facilities
5. Application form for opening FCNR(B) deposits is available in our bank’s
website www.indianbank.in, which may be used for opening account with
specific indication for the type of account required.
6. Acceptance of power of attorney is not allowed.
EDUCATION
SHG - Vidhya Shoba
Educational Loan
IB Balavidhya Scheme
New IB Jeevan Vidya
SHG - Vidhya Shoba
Eligibility
2 years.
members.
Amount
Interest
Slab(Rs. in
Rate
Lakhs)
BPLR less
Upto 2.00
1.00%
Interest Rates
>2.00 BPLR
* BPLR and BASE RATE -
Available in Home Page
New IB Jeevan Vidya

Who is eligible? All educational loan borrowers (Student)
Reimbursement of Expenses For treatment while the insured is away at these places either on holiday or
- Nepal & Bhutan in INR business purposes. Cashless facility however is not offered under this extension
Age at Entry 16 - 50years
Maximum age at exit 60 years
Sum Assured Balance outstanding at the time of death or limit sanctioned which ever is less
Cover upto Rs.15.00lakh (for studies in India)

Coverage
Cover up to Rs.25.00lakh (for studies abroad)
Premium One time Single Premium - Financed by Bank
Waiting Period First 45days (except death due to accident)
By arrangement with LIC of India
Minimum period of 3years and maximum of 12years (course period +
repayment holiday + repayment period subject to maximum of 12 years)

Period of cover
Cover ceases at the age of 60years or on full adjustment of loan whichever is
earlier
Required in the following cases :-
1. Loan exceeding Rs.5.00lakhs for the age group of 46 & above.

Medical Check Up
3. Loan exceeding Rs.15.00lakhs for the age group of 35 above.
Tax Benefit Income tax rebate u/s 80C for the premium paid.
IB Balavidhya Scheme
* Salaried class * Employees in public sector/reputed companies * Professional
Eligibility self employed with minimum 3 years of satisfactorily operated SB account with
our Branch.
Amount of Loan Actual expenses – maximum of r.30,000/- per family
Margin 5%
Interest Rates Please refer Lending Rates link on home page in our Bank’s Website
Processing fee Rs. 300/- per application
Repayment 10 EMI to commence from the next month of disbursement.
Employer’s sponsorship/ Salary Account with our Bank/Authorisation to debit

Security
SB a/c/Post Dated Cheques
To meet the cost of admission fees and term fees, cost of books, uniforms,
Salient Features computer fees, transportation cost (if provided by the school) and duly certified
by the respective school authority on yearly basis.
* Donation/Capitation fee is not eligible. * Children studying LKG to XII
standard in any recognized school/ Govt. aided schools/Approved by Board of

Education are eligible. * Roll over can be permitted every year, based on the
progress of the stude
New IB Jeevan Vidya
Who is eligible? All educational loan borrowers (Student)

Reimbursement of Expenses For treatment while the insured is away at these places either on holiday or
- Nepal & Bhutan in INR business purposes. Cashless facility however is not offered under this extension
Age at Entry 16 - 50years
Maximum age at exit 60 years
Sum Assured Balance outstanding at the time of death or limit sanctioned which ever is less
Cover upto Rs.15.00lakh (for studies in India)

Coverage
Cover up to Rs.25.00lakh (for studies abroad)
Premium One time Single Premium - Financed by Bank
Waiting Period First 45days (except death due to accident)
By arrangement with LIC of India
Minimum period of 3years and maximum of 12years (course period +
repayment holiday + repayment period subject to maximum of 12 years)

Period of cover
Cover ceases at the age of 60years or on full adjustment of loan whichever is
earlier
Required in the following cases :-

Medical Check Up
3. Loan exceeding Rs.15.00lakhs for the age group of 35 above.
Tax Benefit Income tax rebate u/s 80C for the premium paid.
GROUP
SHG - Vidhya Shoba
SHG - Vidhya Shoba
Eligibility
2 years.
members.
Amount
Interest
Slab(Rs. in
Rate
Lakhs)
BPLR less
Interest Rates Upto 2.00
1.00%
>2.00 BPLR

To provide thrift, credit and other financial services to the poor in all areas
Purpose / Objective
enabling them to raise their income levels and standard of living.
Eligibility Member of SHGs.
* Upto 4 times of the group savings including interest on savings.

Amount of Loan
* Loan to SHGs should be extended only in the form of Credit limit .
Amount Slab(Rs. in Lakhs) Interest Rate
Upto 2.00 BR+1.50%+TP=12.75%
>2.00 BR+2.50%+TP=13.75%
For Term Loan (TL) :
Amoun
Interest Rates
t
Interest Rate
Slab(in
Lakhs)
Upto BR+1.50%+TP=13.25
2.00 %
BR+2.50%+TP=14.25
>2.00
%
Maximum 60 months depending upon the
Repayment
activity.
Security Hypothecation of assets wherever created.
For construction of new Agri godowns or cold storages, market yards, silos /
Purpose / Objective expansion of existing units / modernisation of existing units, irrespective of their
location and takeover of standard accounts of such units from other banks.
Individuals, Group of Individuals, NGOs, Association of growers, Partnership /
Proprietary firms, companies, Corporates, Co-operatives, Agri produce

Eligibility
Marketing Committees, Marketing Boards / Committees & Agro-industries
Corporations etc.
Medium term loan and short term loan for working expenses, based on the
Amount of Loan
project.
Margin 30% of Wholesale Market Price of the Produce.
Interest Rates BR+ 07.5+1.00 – 12.25%
Repayment 9 to 11Years including holiday period of 2 years(Half yearly installments)
* Hypothecation of the assets created with the bank loan.
Security * Hypothecation of the produce stored in the godown, if owned by the godown
owner.
* Mortgage of Properties.
Subject : Professional Self Employed
Financing to Entrepreneurs identified by ESP of BYST
IND Art tools
IB Professional Special
Doctor Plus
IB Vehicle Loan
Financing to Entrepreneurs identified by ESP of BYST
Amount of Loan Rs.1,00,000 to Rs.5,00,000 (inclusive of BYST fee)
Nil upto Rs.25,000. 25% above Rs.25000/-. However on case to case basis the
Margin
margin may be reduced tup to 15% based on merit.
Processing fee Rs. 250 + service tax.
3 - 7 years (exclusive of holiday period) based on the cash flow generation by

Repayment
unit.
Security Stocks/Fixed assets created out of composite loan amount. Collateral Security :
Nil
Salient Features Available only in Chennai, Hyderabad and Kancheepuram
* Moratorium : Up to 6 months.
* To be covered under CGTSI compulsorily. Recovery of CGTSI premium as
per Bank norms.
* Cost to BYST towards evaluation, selection and mentoring Business
Mentoring by BYST mentors for first twenty four months to be integral part of
the project.
* Upfront compulsory mentoring charge to BYST for the first twelve months
shall be 3% of sanctioned amunt or Rs.5000/= whichever is higher subject to a
maximum of Rs.10000/= recovered and remitted to BYST then and there at the
time of disbursement of the loan
IB Professional Special
Qualified professionals (other than Doctors as Doctors are covered under IB
Doctor Plus Scheme) like Chartered Accountants, Architechts / Interior
Decorators, Qualified caterers etc. in Metropolitan/Urban/Semi-urban areas,
with minimum of 3 years experience.

Eligibility
The scheme is generally applicable only to resident Indians
(either individual or Registered Firm ) not above 60 years (SME Service Sector).
Amount of Loan Max. Rs.5 lakhs with an overall ceiling of 12 months gross monthly projected
income with the previous year’s income as indication.
Loan restricted to 50% of the eligible amount if experience is less than 3 years
Nil for loan up to Rs.1 lakh.
Margin
For loan above Rs.1 lakh- 20%
Repayment Maximum 60 EMI with an option for holiday period of 6 months
Assets created, out of the loan amount for the advance up to Rs.1 lakhs.
For limits above Rs.1.00 lakh,
Security
Hypothecation of Equipments / Assets purchased out of the loan where adequate
primary / collateral security is not available, LIC policy in the name of the
Professional to be assigned to the extent of shortfall in security
For purchase of necessary tools / equipment ,vehicles (ambulance / jeep for
office use), up-gradaton of existing equipments/
Salient Features
Renovation of Office building including Air-conditioners, furnishings, reference
books, (Reimbursement for new vehicles purchased out of own sources within 6
months)
Doctor Plus
Individuals / registered partnership firm / Limited Company / Trust etc.
Eligibility Key promoters or their spouse should be qualified medical practitioners, with
satisfactory track record
Minimum : Rs.1.00 lakh.

Amount of Loan
Maximum Rs.No Ceiling
Urban
Upto Rs.5 lakhs-10%.
Margin Above Rs.5 lakhs-20%.
Semi Urban/Rural
Margin 15% for both the slabs.
Repayment Maximum period up to 120 months including moratorium period of 12 months
Loans upto Rs 10 lac:
Hypothecation of assets created out of loan amount. No collateral security / third
party guarantee and to be covered under CGS of CGTMSE.
Security Loans above Rs 10 lac:
Hypothecation of assets and LIC policy assigned in favour of the Bank or other
collateral security, so as to ensure compliance with Loan Policy guidelines in
respect of security coverage.
To finance qualified medical practitioners to set up clinic, clinic cum residence,

Salient Features
nursing home, hospital, X Ray or pathological labs, medical stores, purchase of
vehicles / ambulance etc. OR for expansion / renovation / modernization of
existing premises
IB Vehicle Loan
For purchase of New Two Wheeler or New / Used Four Wheeler(Used four
Purpose / Objective wheeler should not be more than 3 years and should be certified by reputed
automobile engineer / valuer)
• Salaried Class Individuals with minimum service of three years.
• Businessmen, Professionals and Self-employed with minimum experience of
three years.
Eligibility
• Pensioners with repayment capacity.
• Minimum Gross monthly income for purchase of Four wheeler should be
Rs.20,000/-.
* 20 times of Gross Monthly Income Spouse Income can be included for
calculating eligible amount if he / she has steady income. * Take home Income
should be more than 40% of gross income after deduction of EMI for the
Amount of Loan proposed loan, apart from other deductions. * For Businessmen, Professionals &
self-employed, based on their average income earned in the last 3 years and
capacity / ability to repay the loan. * Maximum Loan amount for purchase of
Two Wheeler : Rs.10,00,000/- * Four Wheeler: Rs. 2 Crores
* 15% for New Vehicle.

Margin
* 40% for used vehicle (Four wheeler).
Processing fee 0.225% of loan amount with a maximum of Rs.10000/-

Interest Rates Please see the Lending Rates link on home page of our Bank`s website
Four Wheeler: Maximum 84 EMIs (No holiday period) for salaried class
Repayment individuals; Maximum 60 EMIs (No holiday period) for others.
For 2 wheeler: Maximum 60 EMIs (No holiday period)
• Hypothecation of Vehicle to be purchased out of Loan.
• If the loan amount exceeds Rs. 10 lakhs, additional security equivalent to
Security amount exceeding Rs. 10 lakhs to be provided in the form of Fixed Deposit
Receipts / NSCs / LIC Policy (with surrender value equivalent to the security to
be provided) / Mortgage of immovable property.
1. Completed Application Form with passport size photograph.
2. Proof of Identity such as PAN Card / Voter`s ID/Passport/Driving License.
3. Proof of residence such as Recent Telephone Bill / Electricity Bill / Property
Tax Receipt / Passport / Voter`s ID.
4. Proof of business address in respect of businessmen / industrialists.
Documents to be submitted 5. Proof of Employment.
for processing the 6. Salary Certificate.
application 7. Proof of other income like rent, interest on investment, if any.
8. Balance Sheet for the past three financial years in the case of Professionals,
Businessmen & Self employed.
9. Income Tax / Wealth Tax (if applicable) Returns for the past 3 years.
10 Copy of Driving Licence.
11 Quotation for Vehicle to be purchased from the authorized dealer.
PROPERTY
Ind Reverse Mortgage
IB Rent Encash
Ind Mortgage
Home Improve
Plot Loan
NRI Home Loan
Capital Gains
IB Home Loan Combo
Ind Reverse Mortgage
* Senior Citizens above 60 years, including retired staff of our Bank. Married
couples will be eligible as joint borrowers for financial assistance provided one
of them is above 60 years of age.
* They should be owner of self acquired residential property with absolute, clear
title / conveyance and self-occupied and it should be principal residential house /
Eligibility flat, located in India.
* The property should be free from encumbrance and is saleable and the house /
flat to be located in India. However, inherited residential property if it is
devolved on partition or owing to being the sole legal heir also can be accepted
provided the title of the property is free from encumbrance.
* The residual life of the property should be more than 20 years

The amount of loan will depend on realizable value of the residential property
as assessed by the Bank. The realizable value of the property is calculated at
10% less than the Market Value assessed by Bank’s Panel Engineer.
Maximum loan amount: Rs.40 lakh.
Loan will be disbursed by Bank on regular monthly terms as annuity. Lump
sum up to 20% of the eligible loan amount should be considered only if the
Amount of Loan amount is meant for utilization for meeting medical expenses of the Reverse
Mortgage Loan Applicant/s.
The maximum eligible lumpsum is restricted to Rs.15 lakhs.
Revaluation of property to be done once in 3 years and interest rate will be reset
once in 5 years. Periodic monthly payments will be based on such revaluation
and the Loan to Asset Value shall be based on such revaluation. Borrowers
consent for this will be obtained upfront.
Margin 61% on the realizable value of property.
* NIL for existing customers.

Processing fee
* Rs. 285/- per lakh for others. (presently NIL)
Interest Rates 10.70% (Fixed to be reset every 5 years)
* 15 years, with a provision to roll over, in case of need, after revaluation

Repayment
* Fresh terms, as at the time of rollover, shall be applicable.
Mortgage of residential property in favour of Bank
Bank reserves the right to seek additional collaterals

Security
Commercial property will not be eligible for Reverse Mortgage Loan
{Equitable Mortgage to be registered (at Applicant’s cost) if there is a provision

for the same in the State where property is located }
2. PAN Card copy.
Tax Receipt / Passport / Voter’s ID.
Documents to be submitted 4. List of legal heirs with name, age, address etc.
for processing the 5. Sale Deed.
application 6. Approved Building Plan.
7. Title Deed Documents for 30 years.
8. Proof of title in the Revenue Records.(Legal Opinion from Advocate &
Valuation of property from Engineer will be arranged by Bank at applicant’s
cost).
Loan to meet Medical , emergency expenditure for maintenance of family
For supplementing pension / other income

Salient Features
Meeting any other genuine need
(Speculative, trading purposes shall not be permitted)
Property (offered as security) to be insured at borrower’s cost with Bank clause
Insurance against fire, flood, earthquake, riot and other risks, which are normally covered
by insurance companies.
1. The loan amount need not be repaid during the lifetime of the borrower /
spouse. The borrower / spouse can continue to stay in their home during their
Other terms and conditions
lifetime. 2. The option of pre-payment is available, without pre-payment
charges.
IB Rent Encash
Repairs, renovation of buildings, marriage, education, household festivals,

Purpose / Objective
medical or any bankable purpose.
Residential / commercial building owners (individuals / joint owners/ corporate /
firms) who have / who propose to let out their buildings to top notch corporate
Eligibility
public sector undertakings / state / central Government offices.(Lease
Agreement between the applicant and tenant should be Registered).
Upto 84 months rent or rental value for the unexpired certain period of lease
Amount of Loan (Rent receivables) whichever is less.
Minimum Rs. 1 lakh. Maximum: Rs.200 lakhs
40% on Net Rent Receivables (Rent Receivables Net of Advance already
Margin received from the tenant + TDS + Property Tax + any other statutory liability)
with a maximum of 60% of Market Value of Property.
Processing fee 1.15% on loan amount.
Repayment Not Exceeding 84 EMIs (No Holiday Period).
• No pre-closure charges, if loan is closed out of own funds.
• 2.25% on Balance outstanding or applicable Drawing Limit whichever is

Prepayment charges
higher, if loan is closed by way of takeover by another Bank / Financial
Institution
* Equitable Mortgage of Property. * Equitable Mortgage to be registered (at
Security Applicant’s cost) if there is a provision for the same in the State where property
is located.
2. Proof of Identity such as PAN Card / Voter`s ID/Passport/Driving License.
Tax Receipt / Passport / Voter`s ID.
4. Proof of business address in respect of businessmen / industrialists.
5. Proof of Employment.
6. Salary Certificate.
7. Proof of other income like rent, interest on investment, if any.

Documents to be submitted
8. Balance Sheet for the past three financial years in the case of Professionals,
for processing the
Businessmen & Self employed.
application
9. Income Tax / Wealth Tax (if applicable) Returns for the past 3 years.
10. Sale Deed.
11. Approved Building Plan.
12. Title Deed Documents for 30 years.
13. Proof of title in the Revenue Records.
Copy of Registered Lease Agreement.(Legal Opinion from Advocate &
Valuation of property from Engineer will be arranged by Bank at applicant`s
cost)
Property (offered as security) to be insured at borrower’s cost with Bank clause
Insurance against fire, flood, earthquake, riot and other risks, which are normally covered
by insurance companies.
Plot Loan
Purpose / Objective For purchase of House Site on ownership basis; House site should be located in
layout which is approved by Competent Authority
Eligibility Minimum entry age is 18 years and maximum exit age is 60 years
*30 times of Gross Monthly Income;
The cap on Plot Loan per borrower has been fixed as under:
*For purchase of property in Rural area : Rs. 50.00 lakhs

Amount of Loan
*For purchase of property in Semi-urban area : Rs. 100.00 lakhs
*For purchase of property in Urban area : Rs. 200.00 lakhs
*For purchase of property in Metro : Rs. 300.00 lakhs.
Margin 25% on Land cost
Processing fee 1.15 % on Loan amount
Please see the Lending Rates link on home page *Construction of house has to
commence within 2 years from the date of availing the loan / from the date of
Interest Rates handing over possession by the Government Housing Development Agency, as
the case may be, otherwise higher Rate of Interest will be charged for the
delayed period.
Repayment Maximum 180 EMIs (No Holiday Period)
Prepayment charges NIL
* Equitable Mortgage of Property purchased out of loan proceeds. * Equitable
Security Mortgage to be registered (at Applicant’s cost) if there is a provision for the
same in the State where property is located.
Documents to be submitted As detailed in our Home Loan product. All the applicable/relevant documentary
for processing the evidences are to be submitted

application
Group Insurance cover:
* At the option of the applicant, Group Insurance Life Cover is arranged at
Value added concessional premium (to be borne by the Applicant).
* The Premium amount will be financed as a seperate loan instead of financing
as a part of the loan.
Capital Gains
Method and Periodicity of calculation of interest is same as that of ordinary SB

Interest Application
account / Term deposit accounts
Revaluation of House Method and Periodicity of calculation of interest is same as that of ordinary SB
Property account / Term deposit accounts
Under this Scheme the tax payers can avail of the benefit of exemption from
capital gains only if the amount of capital gains or the net consideration is
Salient Features
deposited in Public Sector Banks on or before their due date of filing a return of
income in accordance with the scheme.
Minimum amount is same as that of ordinary SB account / Term Deposit
accounts offered in two types
Min Amt Deposit a/c A & Deposit a/c B
Deposit A in the form of Savings Bank and Deposit B in the form of Term
deposit (as cumulative or non cumulative)
Min Period Minimum 7 days

Maximum – Normally 10 years
All branches except rural branches are authorized to accept deposits under the
scheme. Tax payers can avail the benefit of exemption under Section 54 (B,D,F
Other Requirements/Details & G as the case may be) of Income Tax Act 1961. Nomination facility is
available. Withdrawal is permitted as per rules. Interest Payments are subject to
TDS.
IB Home Loan Combo
Individuals including Joint borrowers who have * Availed the Home Loan from
Indian Bank * Satisfactorily serviced the Home Loan for at least 3 years after the
Eligibility Holiday Period. * Created Equitable Mortgage * Maintained security margin of
at least 15% for purchase of House / plot / construction of house. * Home Loan
account repayments are regular and the account is in Standard Category.
Under the package the borrower is entitled for any one or more of the following
loans, with concessional interest rate and processing charges provided he / she is
otherwise eligible as per the individual loan products. * IB Vehicle Loan (Both 4
Benefits
wheeler and 2 wheeler) * IB Clean Loan (to Salaried Class) * IB Bhavishya
Prakash (for one of the dependants of the borrower) * IB Pension Loan * IB
Home Improve
Concession of 0.50% from the applicable Card Rate for the following loan
products * IB Vehicle Loan (Both 4 wheeler and 2 wheeler) * IB Clean Loan (to
Interest Rates
Salaried Class) * IB Bhavishya Prakash (for one of the dependants of the
borrower) * IB Pension Loan No interest rate concession for IB Home improve

Concession of 50 % from the applicable processing charges of the following
loan products * IB Vehicle Loan (Both 4 wheeler and 2 wheeler) * IB Clean

Processing fee
Loan (to Salaried Class) * IB Bhavishya Prakash (for one of the dependants of
the borrower) * IB Pension Loan * IB Home Improve
* The security prescribed for the individual loan products are to be offered *
Security Equitable Mortgage taken for the Home Loan should be extended to cover the
other loan/s sanctioned under the package.
* All other terms and conditions laid down as per the individual loan products
should be complied with. * The Home Loan borrowers can avail any one or
more of the above products subject to fulfilling repayment capacity for servicing
existing loan liability/ies and the proposed loan liability/ies
TECHNOLOGY
IndJet Remit (RTGS)
NEFT
Ind Phonebanking
Ind Mobilebanking
Ind Netbanking
Xpress Money – Inward Remittance – Money Transfer Service Scheme
SB Platinum with Sweep
Facility
Period • Minimum 15 days to 180 days
Income Criteria • Minimum 15 days to 180 days
• Suitable for (HNIs) & Corporate Executives
• Life insurance cover for Rs. 1 lakh for age group 15 to 45 years and Personal
Accident Insurance cover for Rs.1 lakh “IB Chhatra”for age group 12 to 70
Value added
years.
• Free remittance upto maximum 2 times a year totaling Rs.25,000/-
• ATM /Debit card One year from the date of first use – FREE
• A Savings Bank Account with an option to convert your excess funds in the
account to Term Deposit on a daily basis.
• Daily sweep available min Rs.5000 and multiples
option deposit ) plus the balance in the SB account.
Salient Features • Push Sweep - Cut off balance for transferring to MOD A/c (threshold balance)
will be Rs.50,000 or more, at the option of the depositor. The amounts lying in
the Account over the threshold balance, will be transferred to STD automatically
in multiples of Rs.5,000.
balance in the SB A/c is not sufficient, on Last In First Out (LIFO) basis, the
latest MOD (STD) will be prematurely closed and transferred automatically to
SB A/c to meet the payment. The PULL Sweep will be in multiples of Rs.
5,000- only and the customer has no option to change the same.
• Non Maintenance of average Minimum Balance - If the total products are less
than 7,50,000 in a month, a penalty of Rs.120/- per month inclusive of Service
Tax will be levied.
• Interest Rates - See the interst rate webpage
• Minimum monthly average balance Rs.25,000/-
(Total products of Rs.7,50,000 per month i.e. 30 days X Rs.25,000/-)

Min Amt
• Threshold limit Rs.50,000/-
(i.e. Sweep would be effected only when the balance exceeds Rs.50,000/-)
Ind Phonebanking
Salient Features Customers can call for enquiries anytime, anywhere through telephone.
* Call telephone toll free 1800-425-3425.
* Customer can do the balance enquiry.
* Customer can have their account details.
Other Requirements/Details * Customer can have the issued cheque status.
* Customer can have the deposited cheque status.

* Charges : Free
Xpress Money – Inward Remittance – Money Transfer Service
Scheme
* Single remittance limited to USD 2500 or its equivalent.
* Payments made in Indian Rupees only.
Amount of remittance * Payment upto and inclusive of Rs. 50000/- can be made to residents in cash on
permitted proper identification.
* Payments exceeding Rs. 50000/- can be made in cash on proper identification
only to foreign tourists visiting India.
* Only 12 remittances are permitted to a single recipient through “Xpress
Money” in a year.
Restrictions on remittances * Only one transaction is allowed to be made by the same sender favouring the
same beneficiary through the same Send Agent on the same day.
* Outward remittances from India are not permitted.
* Only personal remittances are permitted.
* Remittances favoring foreign tourists visiting India are permitted.
* No trade related payments are permitted.
* No remittances towards purchase of (immovable) properties, investments are

Other important details
permitted.
* No credit to NRE / FCNR accounts.
* Remittances in the nature of donations / contributions to charitable
organizations are not permitted under the arrangement.
Salient Features * “Xpress Money” service is offered in arrangement with M/s. UAE Exchange
Financial Services Ltd for remitting money to India.
* The scheme is operative from 15.02.2006.
* The remittance facility is available to receive the money through all our
branches.
* Under the arrangement, money transfers to India can be made at any overseas
agent location of UAE Exchange across the world.

Facilities
* Money can be remitted from 180 countries across the globe.
* Around 35000 outlets are available outside India for remittance.

Subject : Technology
IndJet Remit (RTGS)
NEFT
Ind Phonebanking
Ind Mobilebanking
Ind Netbanking
Xpress Money – Inward Remittance – Money Transfer
Service Scheme
Period • For MOD (STD) deposits of 7 days to 14 days – Minimum deposit amt will be
Income Criteria • For MOD (STD) deposits of 7 days to 14 days – Minimum deposit amt will be
Value added • Suitable for Corporates, Traders, Businessmen, Entrepreneurs and HNI’s
• Customer can issue the cheque freely upto the balance in the MOD
• Frequency of transfer to MOD daily – (Period - Minimum 7 days, Maximum
180 days)
• 6 DDs at par upto a maximum of Rs.3 lakhs per quarter each not exceeding
Rs.50000/- and no charges for stop payment and signature attestation
• ATM / Debit card One year from the date of first use – FREE
• Non maintenance of minimum balance - If the average minimum balance in the
Current Account falls below Rs.1,00,000/-, i.e. if the total products are less than
90,00,000 in a quarter, a penalty of Rs.570/- per quarter inclusive of Service Tax
will be levied.
• Push Sweep - The amounts lying in the Account over the threshold balance,
will be transferred to STD automatically in multiples of Rs.10,000/- .
balance in the CA is not sufficient, on Last In First Out (LIFO) basis, the latest
MOD (STD) will be prematurely closed and transferred automatically to CA to
meet the payment. The PULL Sweep will be in multiples of Rs. 10,000- only
and the customer has no option to change the same
• A Current Account with an option to convert your excess funds in the account
to Term Deposit on a daily basis.
Salient Features • Daily sweep available min Rs.10000 and multiples
option deposit ) plus the balance in the Current Account
• STD upto 180 days
Min Amt • Minimum Quarterly average balance Rs.1 lakh -(Total products of
Rs.90,00,000 per quarter i.e. 90 days X Rs.1,00,000/-)

• Threshold limit Rs.2,00,000/-(i.e. Sweep would be effected only when the
balance exceeds Rs.2,00,000/-)
• Cut off balance for transferring to MOD A/c (threshold balance) will be
Rs.2,00,000 or more, at the option of the depositor.
Xpress Money – Inward Remittance – Money Transfer Service Scheme
* Single remittance limited to USD 2500 or its equivalent.
* Payments made in Indian Rupees only.
Amount of remittance * Payment upto and inclusive of Rs. 50000/- can be made to residents in cash on
permitted proper identification.
* Payments exceeding Rs. 50000/- can be made in cash on proper identification
only to foreign tourists visiting India.
* Only 12 remittances are permitted to a single recipient through “Xpress
Money” in a year.
Restrictions on remittances * Only one transaction is allowed to be made by the same sender favouring the
same beneficiary through the same Send Agent on the same day.
* Outward remittances from India are not permitted.
* Only personal remittances are permitted.
* Remittances favoring foreign tourists visiting India are permitted.
* No trade related payments are permitted.

Other important details
* No remittances towards purchase of (immovable) properties, investments are
permitted.
* No credit to NRE / FCNR accounts.

* Remittances in the nature of donations / contributions to charitable
organizations are not permitted under the arrangement.
* “Xpress Money” service is offered in arrangement with M/s. UAE Exchange
Financial Services Ltd for remitting money to India.
Salient Features * The scheme is operative from 15.02.2006.
* The remittance facility is available to receive the money through all our
branches.
* Under the arrangement, money transfers to India can be made at any overseas
agent location of UAE Exchange across the world.

Facilities
* Money can be remitted from 180 countries across the globe.
* Around 35000 outlets are available outside India for remittance.

TERM DEPOSIT
Non-Resident Ordinary Account
Resident Foreign Currency account for Returning Indians
FCNR (B) Accounts
Capital Gains
IB Tax Saver Scheme
IB Swarna Nidhi RD/IB Swarna Nidhi VRD
Variable Recurring Deposit
Recurring Deposit
Special Scheme for Senior Citizens
Facility Deposit
Re-investment Plan
Fixed Deposit
Foreign Currency Non-Resident Account
Non-Resident External (Rupee) Account
IB Savings Certificate
Capital Gains
IB Tax Savings Certificate
Method and
Interest Application Periodicity of
calculation of
interest is same as that of
Revaluation of House Method and Periodicity o
Property account / Term deposit a
Under this Scheme the ta
capital gains only if the a

Salient Features
deposited in Public Secto
income in accordance wi
Minimum amount is sam
accounts offered in two t
Min Amt Deposit a/c A & Deposit
Deposit A in the form of
deposit (as cumulative or
Minimum 7 days
Min Period
Maximum – Normally 10
All branches except rural
scheme. Tax payers can a
Other Requirements/Details & G as the case may be)
available. Withdrawal is
TDS.
Capital Gains
Method and Periodicity of calculation of interest is same as that of ordinary SB

Interest Application
account / Term deposit accounts
Revaluation of House Method and Periodicity of calculation of interest is same as that of ordinary SB
Property account / Term deposit accounts
Under this Scheme the tax payers can avail of the benefit of exemption from
capital gains only if the amount of capital gains or the net consideration is
Salient Features
deposited in Public Sector Banks on or before their due date of filing a return of
income in accordance with the scheme.
Minimum amount is same as that of ordinary SB account / Term Deposit
accounts offered in two types
Min Amt Deposit a/c A & Deposit a/c B
Deposit A in the form of Savings Bank and Deposit B in the form of Term
deposit (as cumulative or non cumulative)
Minimum 7 days
Min Period
Maximum – Normally 10 years
All branches except rural branches are authorized to accept deposits under the
scheme. Tax payers can avail the benefit of exemption under Section 54 (B,D,F
Other Requirements/Details & G as the case may be) of Income Tax Act 1961. Nomination facility is
available. Withdrawal is permitted as per rules. Interest Payments are subject to
TDS.
Fixed Deposit
Interest Application quarterly
Revaluation of House
quarterly
Property
Salient Features A time deposit for a fixed period to earn interest with easy liquidity
Min Amt Minimum Deposit- Rs.100/-
Max Amt No Maximum
Minimum *7 Days
Min Period *minimum amount Rs.1 lakh
Maximum normally 10 years
Quarterly or even on monthly basis with a discount.
Other Requirements/Details Automatic renewal facility for equal period
Loan / nomination /pre closure facilities available.
IB Tax Savings Certificate
1. Individual or Hindu undivided family, having Income Tax Permanent
Account Number.
2. The Joint holder type deposit receipt may be issued to two adults or jointly to
Eligibility
an adult and a minor payable to either of the holders or to the survivor.
3. Provided that in the case of joint holder type deposit, the deduction from
income under section 80C of the Act shall be available only to the first holder of
the deposit.
Type of account Reinvestment Plan Deposit.
Tenure 5 Years.
* 7% p.a. for General Public.
Interest Rates * 7.5% p.a for Senior Citizen.
* 8% p.a for Staff.
In order to cater to the needs of depositors who wants to avail tax benefit under
Salient Features
section 80C of Income Tax Act, this scheme is launched.
Maturity Amount Maturity Amount (in Rs.) - 5 years
for Specified
Denominations
General Public Senior Citizen Staff
Rs.1000/- 1415/- 1450/- 1486/-

Maturity Amount
Rs.5000/- 7074/- 7250/- 7430/-
Rs.10000/- 14148/- 14500/- 14859/-
Rs.50000/- 70739/- 72497/- 74297/-
Rs.100000/- 141478/- 144995/- 148595/-
The deposit receipt will be issued in 5 denominations (Rs.1000/-, Rs.5000/-,
Min Amt Rs.10000/-, Rs.50000/- and Rs.1lakh) for categories of General Public, Senior
Citizen.
Interest on the Term Deposit shall be liable to tax under Income Tax Act on the
TDS
basis of annual accrual.
Other Requirements/Details * PAN number to be incorporated in the CIF and printed in the deposit receipt.
Signature of the depositor should be obtained in the deposit receipt.
* Stamp should be affixed super scribing in red ink the following notation :
“Bank Term Deposit Scheme 2006 as per notification no 203 of 2006 dated
28.07.2006 by the Central Government”
* No loan/ foreclosure is allowed before maturity.

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BANKING PRODUCTS - CATEGORY WISE

Agriculture Business Cards

Corporates Demand Deposit Education

Group Insurance NRI

Personal / Individual Professional Self Employed Property

Remittance SME Technology

Agri Clinic and Agri Business Centres

Agricultural Godowns / Cold Storage

Loans for maintenance of Tractors under tie-up with Sugar Mills

SHG - Vidhya Shoba

Sugar Premium Scheme

Golden Harvest Scheme

Kisan Credit Card

Agricultural Jewel Loan Scheme

Agricultural Produce Marketing Loan

Financing Agriculturists for Purchase of Tractors

SHG Bank Linkage Programme - Direct Linkage to SHGs

Joint liability group (JLG)

Gramin Mahila Sowbhagya Scheme

Janashree Bhima Yojan (Launched in association with LIC)

Universal Health Care (launched in Association with UIIC Ltd)

DRI Scheme – Revised Norms

Agri Clinic and Agri Business Centres

* To supplement existing extension network to accelerate the process of

Purpose / Objective technology transfer to agriculture.

* To provide gainful employment to graduates in agriculture and allied activies.

Graduates in Agriculture and Allied subjects like horticulture, animal husbandry,

* The project can be taken up whether individually or on Joint / Group basis.

Rs.50 lakhs [@ Rs.10 lakhs per member of the groups].

* Upto Rs.5.00lakhs – No margin.

TL-Repayment : upto 35 Months :

Amount Slab(Rs. in Lakhs) Interest Rate

>0.50 to 2.00 BR +2.00+0.50%-13.00%

TL-Repayment : 36 months and above :

Slab(Rs. in Interest Rate

Loan period between 5 to 10 years including

depending on the activity. [Repayment

generation, economic life of the asset etc.]

* Limits upto Rs.5 lakhs - Assets created out of

* Limits above Rs.5.00 lakhs - Assets created

Mortgage of properties covering atleast 100%

of the loan exceeding Rs.2.00 lakhs.

It has been revised from Capital and Interest

subsidy to Composite subsidy which will be

back ended in nature. It will be 44% of project

cost for women, SC/ST and all categories of

candidates from NE and Hill states and 36% of

project cost for all others. In all new cases,

subsidy will be released as composite subsidy.

Subsidy Loan/subsidy will be released as Composite

subsidy. loan/subsidy (capital and interest)

cases sanctioned so far (but not closed) shall be

converted to Composite Subsidy regime and

the differential amount between the

Component Subsidy and subsidy already

released shall be paid to the agri preneurs as

per the scheme guidelines.

Individuals, Group of Individuals, NGOs, Association of growers, Partnership /

Proprietary firms, companies, Corporates, Co-operatives, Agri produce

Margin 30% of Wholesale Market Price of the Produce.

Interest Rates BR+ 07.5+1.00 – 12.25%

Repayment 9 to 11Years including holiday period of 2 years(Half yearly installments)

* Hypothecation of the assets created with the bank loan.

* Hypothecation of the produce stored in the godown, if owned by the godown