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Showing posts from May, 2020

How many types of Bank's Codes in India

Bank codes  are of two  types : the national and the International Codes  example  sort code  in the UK, ABA routing  code  in the US, IFSC  code  in India etc. SWIFT  code , which is used for international transfers. It is also called BIC ( Bank  International  Code ) and it is an international standard (BIC/ISO 9362). There are Two types of Bank's Code in India which is used to transfer the money from one Bank account to another Bank account. We need to transfer the money using the Bank's codes within country of out side the country. In India we used to Two Types of Code .

Swift code for all the Bank in India

Swift Code of Bank in India  The swift code is a unique code which is used to internationally fund transfer from one Bank account to another Bank account via the internet. All the Bank have the unique swift code for their Bank Branches. SWIFT CODE :  SWIFT (Society for Worldwide Interbank Financial Telecommunication) is also known as BIC (Business Identifier Codes) . Swift code is also called swift number which is the set of 8 or 11 digit which represents the Branch of Bank. When you want to receive or want to send the money at international level than you must need to SWIFT Code. 

Account Number, IFSC, MICR, Debit Card, etc. of Merger Banks

Will your Account Details like Account Number, IFSC, MICR, Debit Card, etc. will change? After Merger the Bank ,the most of Bank of India having continue the same details like  Account number, IFSC, MICR, Debit Card etc till the further Notifications from the parent Banks. Merger Banks Cheque Book / Passbook   There are no need to request get for a new Passbook and Cheque Book. The customer can use previous Passbook / Cheque Book  till further notice from the parent Banks .

List of Merger of Public Sector Banks in India 2020

Reserve Bank of India is announced to combine a few Banks with each and develop the strong customer service Support and maintain their relationship with their customers. The merger would be effective from April 1,  2020 . ... According to the plan: Punjab National  Bank  will take over Oriental  Bank  of Commerce and United  Bank . Canara  Bank  will take over Syndicate  Bank . Union  Bank  of India will take over Andhra  Bank and Corporation  Bank . Indian  Bank  will be merged with Allahabad  Bank . Sl. No Acquirer Banks Banks to be Merged 1. Punjab National Bank(PNB) Oriental Bank of Commerce and United Bank of India 2. Indian Bank Allahabad Bank 3. Canara Bank Syndicate Bank 4. Union Bank of India Andhra Bank and Corporation Bank MICR CODE  OF ALL MERGER BANKS  1. PUNJAB NATIONAL BANK (PNB) & ORIENTAL BANK OF COMMERCE  AND UNITED BANK OF INDIA  2. ALLAHABAD BANK & INDIAN BANK  3 . CANARA BANK & SYNDICATE BANK 4. UNION BANK OF INDI

RBI - RESERVE BANK OF INDIA 2020

RBI - RESERVE BANK OF INDIA  RBI is is the central & National Bank of India which is governed / Ruled all over the bank within India.  All Bank of within country is accepted the Rule of Reserve Bank of India and follow their rules and  regulations for running their Bank operation. Reserve Bank of India is only single Bank of country which is decides Rate of interest for the central level. Official link of Reserve Bank of India : click here All type home Decor of Amazon.in

NEFT Code for all the Bank of RBI 2020

NEFT Code   Application for Participation in RBI NEFT System NEFT System - National Electronic Fund Transfer is a Fund transfer Systems provided by RBI for electronic fund transfer via the internet. What is a NEFT Code?  National Electronic Fund Transfer ( NEFT ) is a nation-wide payments system that allows transfer of funds from one bank's account to another. Since it can electronically transfer funds from any bank branch to any individual, it has eliminated the need to visit a bank branch for transfer of funds. Is NEFT 24/7 is available?  Individual will be able to transfer money online any time as the Reserve Bank of India (RBI)  has allowed 24 /7 ( 24 hour)  National Electronic Fund transfer ( NEFT) system facility throughout all 365 Days in a year. NEFT services,  which were only available on days when banks are open,  will now  operate round the clock on all days. 

RTGS Code of all Bank of RBI 2020

RTGS Payment Method  RTGS is required for the transfer of amount from one account to another via the internet.In RTGS payment use the IFSC code , Bank Name,  Branch Name, Beneficiary Name,  RTGS form duly signed with sender account holder.  Real-time gross settlement ( RTGS ) systems are specialist funds transfer systems where the transfer of money or securities takes place from one bank to any other bank on a "real-time" and on a "gross" basis.  RTGS  systems are typically used for high-value transactions that require and receive immediate clearing. Nowadays when time is of essence, RBI offers, Real Time Gross Settlement (RTGS) payments & Receipts system, a solution for faster and most efficient settlement system for our esteemed customers. This payment mechanism will enable funds to be received by the recipient intra-day, rather than the net settlement system exchanges that occur at the end of the banking hours. The RTGS product would provide the f

IFSC CODE- BANK WISE IFSC CODE OF RBI UPDATED 2020

IFSC CODE - INDIAN FINANCIAL SYSTEM CODE IFSC CODE  is the Indian Financial System Code which is provide by the Reserve Bank of India which is used for online Money transfer via the internet. Andhra Bank Andhra Pragathi Grameena Bank Andhra Pradesh Grameena Vikas Bank Apna Sahakari Bank Ltd Australia and New Zealand Banking Group Ltd AU Small Finance Bank Limited Axis Bank Bandhan Bank Limited Bank Internasional Indonesia Bank of America Bank of Bahrein and Kuwait Bank of Baroda Bank of Ceylon Bank of India Bank of Maharashtra Bank of Tokyo Mitsubishi Ltd Barclays Bank Bassein Catholic Co-Op Bank Ltd Bhagini Nivedita Sahakari Bank Ltd Pune Bharat Cooperative Bank Mumbai Ltd BNP Paribas Bank Canara Bank Capital Small Finance Bank Ltd Catholic Syrian Bank Central Bank of India CITI Bank Citizen Credit Cooperative Bank City Union Bank Ltd Corporation Bank Credit Agricole Corporate and Investment Bank Credit Suisse AG CSB Bank Limited CTBC Bank Co Ltd

Customer Facilitation Centres of all Bank updated 2020-21

Customer Facilitation Centres Banker's Data provide the Customer Care Number along with their email address which is provide by Reserve Bank of India April 2020. Customer Facilitation Centres – NEFT (Updated as on February 29, 2020) 1 ABHYUDAYA COOPERATIVE BANK LIMITED Tel: 022-25260172 neftcell@abhyudayabank.net 2 ABU DHABI COMMERCIAL BANK Tel: 022-39534101 /103/107/125 /126 66364324 ctsmumbai@in.adcb.com 3 ADITYA BIRLA IDEA PAYMENTS BANK LTD Tel: 9820300845 aparna.verma@adityabirla.bank 4 AHMEDABAD MERCANTILE COOPERATIVE BANK Tel: 079-26426582-84-88 treasury@amco-bank.com 5 AHMEDNAGAR MERCHANTS CO-OP BANK LTD Tel: 9767477700 admin@amcbank.in; suresh.katariya@rediffmail.com 6 AIRTEL PAYMENTS BANK LIMITED Tel: 0124-4247797 nefthelpdesk@airtelbank.com 7 AKOLA JANATA COMMERCIAL COOPERATIVE BANK Tel: 0724-2430012/ 2430241/2430639 rtgsneftops@akolajanatabank.com 8 ALLAHABAD BANK Tel:022-22679600/9854 022 27777370 br.mumser

IFSC code of all Bank ( RBI)- Updated 2020-21

IFSC CODE OF INDIA BANK-  WHAT IS IFSC CODE OF RBI BANK  The IFSC Code ( Indian Financial System Code ) is an alphanumeric code that facilitates electronic funds transfer in India IFSC is short for Indian Financial System Code and represents the 11 digit character that you can usually see on your bank’s cheque leaves, or other bank sponsored material. This 11 character code helps identify the individual bank branches that participate in the various online money transfer options like NEFT and RTGS. IFSC code is an abbreviation for Indian Financial System Code. This code is assigned by Reserve Bank of India (RBI) to all the branches of the bank. Every branch of a bank extending NEFT services to its customers is allotted this unique 11 characters long number. This code is a mandatory prerequisite for online payment facilities like NEFT (National Electronic Fund Transfer), RTGS (Real-time Gross Settlement), and CFMS (Comprehensive Financial Management System). List of NEF

MICR CODE WITH BANK BRANCH UPFATED 2020

MICR CODE MICR code  is a  code  printed on cheques using MICR  (Magnetic Ink Character Recognition technology). This enables identification of the cheques and which in turns means faster processing. An  MICR code  is a 9-digit  code that uniquely identifies the  bank  and branch participating in an Electronic Clearing System (ECS). MICR Codes of Bank Branches under the jurisdiction of locations not covered by grid based CTS (updated as on Jun 19, 2013) SLNO.    NAME OF MICR CENTRE.                                                          1 AGRA .          2 AHMEDABAD 3 ALLAHABAD 4 AMRITSAR 5 ANAND 6 AURANGABAD 7 BANGALORE 8 BARODA 9 BELGAUM 10 BHAVNAGAR 11 BHILWRA 12 BHOPAL 13 BHUBANESWAR 14 CHANDIGARH 15 CHENNAI 16 COIMBATORE 17 CUTTACK 18 DEHRADUN 19 ERNAKULAM 20 ERODE 21 GORAKHPUR 22 GUWAHATI 23 GWALIOR 24 HUBLI 25 HYDERABAD 26 INDORE 27 JABALPUR 28 JAIPUR 29 JALLANDHAR 30 JAMMU 31 JAMNAGAR 32 JAMSHEDPUR 33 JODHPUR 34 KANPUR 35 KOLHAP