CBS (Core Banking System)
We are glad to state that the Core Banking System (CBS) has been successfully implemented in our Bank and is operating satisfactorily. The following facilities are offered under the CBS :
Features of Core Banking System
- Cash Deposit below ₹50,000/- per day.
- Cash Withdrawal (by Account Holder only) upto ₹25,000/- per day.
- Clearing Cheques – Outward clearing cheques can be processed by any branch without any limit (with full account number).
- Transfer cheques – No limit (either the drawer or the payee of the cheque should have an account in the branch which is executing the transaction).
- Demand Drafts or Pay Orders – No limit.
- RTGS/NEFT – No limit.
- Updation of passbook – Can be done from any branch by passbook holder.
Note:
* All the Debit Transactions are to be processed only through CTS 2010 Cheques.
* Third Party cash payment not allowed.
