IDBI Bank’s 24?7 Locker Facility at Cuffe Parade, Mumbai

IDBI Bank today launched a 24×7 Premier Locker Facility at its Cuffe Parade, Colaba Branch at Mumbai. IDBI Bank is the First Bank in the world to have a 24×7 locker facility with a feature of biometric access. The Bank would also offer such service in metros and other centers in due course of time.

Speaking on the launch of the facility, Shri R M Malla, CMD, IDBI Bank said “The facility would enable the customers to use their lockers with the Bank round the clock as per their convenience. So far, the customers were able to use the lockers only during the banking hours. The facility is highly secured with the access to the locker room through Biometric Card.  Further, in our endeavor to provide the customers best-in-class facility, the locker facility has been set-up in great ambience with a special dressing room, 24 hours availability of tea/coffee arrangement etc. This shall go a long way in serving the Individuals as well as Corporates and the Business community who need such   24×7 organized locker facilities”.

About IDBI Bank
IDBI Bank is the youngest new generation public sector universal bank that rides on a cutting edge core banking Information Technology platform. This enables the Bank to offer personalized banking and financial solutions to its clients through its over 830 branches and about 1400 ATMs. The Bank has an aggregate balance sheet size of over Rs. 2,53,000 crore and total business of Rs. 3,37,000 crore as on March 31, 2011. IDBI Bank's operations during the financial year ended March 31, 2011 resulted in a net profit of Rs.1650 Crore, which was about 60% higher as compared to previous year. The Bank has about 14,000 employees and the average age of employee is only 32 years, which gives it a unique demographic advantage. The Bank has brought paradigm shift in how banking is done in the country by doing away with charges related to operations of savings bank and current accounts.