The Industrial Development Bank of India IDBI Bank is an Indian government-owned financial service company, formerly known as Industrial Development Bank of India, headquartered in Mumbai, India.

It was established in 1964 by an Act of Parliament to provide credit and other financial facilities for the development of the fledgling Indian industry.

It is one of 21 commercial banks owned by the Government of India.

Features-

GBG’s area of operation includes:

Collection of Direct and Indirect Taxes for Government of India

Collection of State Taxes like Value Added Tax, Sales Tax, Stamp Duty etc.

Handling transactions of Civil Ministries and Non-Civil Ministries like Defence of Government of India as their accredited bank

Selling entire bouquet of our products to the Government Sector in Centre as well as States.

Disbursement of Pension

Key mandates

IDBI Bank is authorized for E-payments of Direct Taxes on All India basis. They are amongst the first bank in the country to offer this facility over Internet.

Collection of Direct Taxes in 143 Branches in physical challan form.

Collection of Central Excise Duties and Service Tax in physical challan form in Delhi, Mumbai, Chennai and Kolkata

Collection of Central Excise Duty and Service Tax over Internet on All India basis w.e.f. 1st August 2008. They are one of the first bank in the country to offer this facility over internet

Authorised Bank for collection of Pan India Customs Duty through electronic mode.

Collection of Stamp Duty in Maharashtra, Gujarat and Rajasthan

Vendor Payments of Southern Command & Eastern Command of Army through ECS

Handling Collections and Payments for Ministry of Urban Development, Government of India

Payment of Central Civil & Defence pension across all our branches

Authorised Bank of collection of Customs Duty at Jawaharlal Nehru Customs House, Nhava Sheva through physical mode

Collection of Sales Taxes/ VAT in Gujarat, Uttaranchal, Phagwara, NCT Delhi and Maharashtra

Contact-

Registered Office:
IDBI Bank Ltd.
IDBI Tower, WTC Complex,
Cuffe Parade, Colaba, Mumbai 400005.

Customers can contact our 24 X 7 Phone Banking numbers
from any Landline / Mobile number, our Toll free numbers are as follows:
1800-200-1947
1800-22-1070