Launching of Mobile Banking Services

Launching of mobile banking services (IMPS & UPI)

 

The Bank is very pleased to inform the launching of Mobile Banking Services (MBS) on 02-03-2018 for its esteemed customers. In its first phase of implementation Bank is offering a basic app to our customers with the following facilities –

 

  1. Balance Inquiry – the customers will be able to view the real-time account balance
  2. Mini Statement – the customers will be able to view the last 9 transactions
  3. Intra-bank funds transfer- the customers will be able to transfer fund to self or any third party accounts after registration of beneficiary/ directly by providing the account number or mobile number. Intra-bank funds transfer can be done in two ways as follows–
    1. Mobile-Mobile – for mobile-mobile intra-bank funds transfer, the beneficiary mobile number should also be registered for mobile banking services with the bank.
    2. Mobile-Account – for mobile-account intra-bank funds transfer, beneficiary account need not be registered for mobile banking services, as it is within the same Bank.
  4. Inter-bank funds transfer-
  5. Inter Bank Fund Transfer through NEFT
  6. Inter Bank Fund Transfer through IMPS (Immediate Payment Service) which would offer instant 24×7 interbank electronic fund transfer service through mobile phones.
Details Minimum Transaction

Amount (Rs.)

Per  transaction Limit (Rs.) Daily Limit (Rs.) Weekly Limit (Rs.) Monthly limit (Rs.) Daily number of financial

transactions limit

Inter- bank/ Intra- bank Funds transfer 10/- 25,000/- 25,000/- 1,00,000/- 2,00,000/-       50

 

Customers desirous of availing the services are to approach his/ her home branch with the duly filled in prescribed application form. They are also required to go through the safety and operative guidelines for a secure Mobile banking experience