Indian Bank, public sector lender has introduced the account portability feature for transfer of deposit accounts from one branch to another branch. It will be done in the system within minutes and will be hassle free.
With this facility customers will get the freedom of operating their account from any of the branches. They can shift their account to any of the desired branch any number of times, without any change in the account number, with just a change in home branch code. The customer has to approach either the home branch or the transferee branch with a request letter for transfer of account.
The bank’s net profit for the quarter has moderately rose by 7.05% at Rs 525.93 crore as compared to Rs 491.29 crore for the December quarter of the previous fiscal. The bank’s total income has increased by 32.75% at Rs 3,505.26 crore for the quarter under review from Rs 2,640.58 crore for the December quarter of the previous fiscal.
DISCLAIMER: Accord Fintech provides the Content on “AS IS” basis without any express or implied warranties. Accord Fintech does not warrant the accuracy, timeliness, completeness, adequacy, merchantability, or fitness for a particular purpose of the Content, and Accord Fintech shall not be liable to Licensee or to any third party with respect to any actual or alleged inaccuracy, untimeliness, incompleteness, inadequacy, unmerchantbailty or unfitness.
Copyright 2012 Accord Fintech Pvt. Ltd., distributed by Contify.com
There are no comments yet