IDBI Bank had raised resources from retail investors by issue of Flexibonds. Total issues made till FY 2005 were 25 (i.e. IDBI Bond Series I & II, Flexibonds 1-23).
Guidelines for Bond Holders
In terms of the provisions of IDBI (Issue and Management of Bonds) Amendment Regulations, 2002, the requirement for presentation of original bond certificates for release of redemption proceeds were dispensed in respect of redemptions due from FY 2002-03 onwards.
For redemption notices, please click here
IDBI Bank had redeemed some of the bond schemes by exercise of Call Option prior to normal maturity dates as provided in the respective Offer Documents. For details of such schemes along with few other schemes redeemed on normal maturity dates (requiring submission of bond certificates for payment of redemption proceeds), please click here
Loss of bond Notices, please click here
For any query/grievance regarding IDBI Flexibonds, Investors may pursue the following modes of communication:
MODE 1
MODE 2
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