|
|
|
| Home > Corporate > Fund Based assistance > Debt Service Products |
Debt Service Products - IDBI Bank Debt Services |
|
Debt Service Products include servicing of Interest payments, Dividend servicing, redemptions and refund (IPO’s, FPO’s and Right Issues)
In our quest for excellence, bank has developed a new process by which the Debt Servicing business will get a new dimension. This system helps in giving on line reconciliation for all the warrants issued on IDBI Bank locations. At any given point of time, a list of all unpaid warrants, tallied with outstanding balance can be provided.
Brief Features:
 Online Validation as warrant module in-built in Core Banking System
Scanned Images of paid Warrants with query module
Instrument Level Debits for online reconciliation
Paid/Unpaid status of warrants matching with the account balance, on demand
Immediate ‘Stop Payment’ for warrants issued on IDBI Bank stationary
|
|
