Saraswat Bank Mobile Banking

Saraswat Co-operative Bank Limited or Saraswat Bank was established on September 14, 1918. In the year 1988, the Reserve Bank of India granted the Scheduled Bank status to its respected banking organization. Presently, the bank operates through a significant network of 267 branches as well as 219 ATMs. Saraswat Bank is active in several states including Maharashtra, Madhya Pradesh, Gujarat, Karnataka, Delhi, and Goa.

Saraswat Bank Mobile Banking Service

The mobile banking service offered by Saraswat Bank is called “Go-Mo.” This broad Mobile Banking platform enables customers to control their own accounts under great comfort from any place where there is mobile connectivity. It provides customers better ease as well as higher level of convenience due to the availability of an intuitive setup.

Saraswat Bank mobile banking services

Customers can access fund transfer facility which has been designed by the National Payments Corporation of India (NPCI). You can avail to Immediate Payment Service (IMPS) without any hassle via mobile banking platform of Saraswat Bank. Under this service option, customers can access their bank accounts and control interbank fund transfers simply through their mobile banking application. You can use this interbank electronic fund transfer service 24X7; this factor has surely worked to attract more customers to utilize the benefits of mobile banking.  It is important to note that, Go-Mo facility is free of cost to each of the Saraswat Bank customers.

Go-Mo Mobile Banking Features

• Instant funds transfer service available 24×7 through IMPS
• Different fund transfer options covering both Intra bank and Interbank movement of money
• Maximum fund transfer limit is fixed at Rs. 2 lakhs
• View balance for each of your savings, Overdraft or current accounts
• Check details of the previous five transactions
• NEFT fund transfer scheduling for future
• Transfer of funds using account number and mobile number
• Payment using Bharat QR code
• View & create Recurring/Term Deposit
• Analyze rate of interest for Recurring/Term Deposit
• Check loan account statement & details
• PIN Generation for Debit Card & card-less cash withdrawal

Different Value-Added Services –

• Locate IFSC code for different banks
• ATM locator for Saraswat Bank
• Request for Cheque book
• Inquiry for Cheque Status
• Cheque Stop Payment
• Email Account statement
• Generate/Register Internet Banking Password

SMS Banking Facility

With the presence of SMS Banking, customers who do not possess a smartphone can also access banking facilities at their fingertips. Saraswat Bank has launched an efficient SMS Banking option for all of its active customers.

SMS Banking facilities covered include:

• New account initiation welcome message.
• Latest bank account balance.
• Information about last five transactions.
• Sweep In Sweep Out service alerts (this facility accessible to Elite Accounts)
• Transaction Alert concerned with all transactions via E-Commerce/ATM/ Net banking and POS.
• Dispatch alert for Debit Card/ Cheque book.

Do follow the mentioned points before processing an SMS:

• Always note that all the SMS requests need to be sent from the verified mobile number.
• Make a note that, keywords are always case-sensitive.
• Avoid adding a square or pointed brackets in the framed SMS.
• Ensure a single space amid each entry.
• Remember to enter the Account No (15 Digit) in the request message.

USSD Based Facility

With Go-Mo facility, you can access the USSD based fund transfer option. National Unified USSD Platform, as well as SMS-based mobile banking facility, fulfills the objectives of the RBI. You can access NUUP service instantly simply by using your registered mobile number with the bank. Moreover, registration for Saraswat Bank mobile banking is also required. Always stay alert that, NUUP/ SMS facility works on diverse mobile handset models with no need to download any software or requirement for data connection.

National Unified USSD Platform- NUUP (*99#)

• Dial *99# for accessing a transaction via NUUP and you would be offered with an interactive menu displayed on your mobile screen.
• The transaction limit for each day can be pushed to a maximum of Rs. 5000.
• Under this facility, the various options provided are balanced enquiry, fund transfer using MMID, mini statement and fund transfer using account number.

Missed Call Banking Facility

This is a unique service feature that can be availed with just a missed call. A customer’s savings or current account information can be received by offering a missed call on a specified number. Saraswat Bank has always tried to stay in the front for introducing innovative and demanding services for its customer base.

At present, the striking advantage of missed call service is associated with zero dependencies on an internet connection for a mobile phone.

Security Tips with Mobile Banking       

Avoid Banking in Public Networks

There are many mobile devices which permit you to associate with various networks, comprising of Wi-Fi networks. There might be a situation when you wish to check your balance or manage transfers while sitting at a coffee shop or any other public area offering data network connectivity. However, before you access your account, try to keep a strong check on not connecting to any public network.

Prefer Official Mobile Banking Apps

A majority of banks these days offer official banking applications for smartphones and tablets. These apps are seen to be more secure when it comes to sending information via e-mail or SMS.

Keep Good Track of your Mobile Phone

These days, your mobile phone contains everything from bank details to passwords. Such vital information needs to be properly safeguarded, or it can cause serious consequences.

If your mobile phone device is armed with a digital locking mechanism, do prefer using it. There are certain devices that require you to follow a pattern or offer a PIN. This layer of security can surely help in keeping an unwanted user from accessing your bank account. Also, it is advisable to keep changing your mobile banking password after a set duration. This way you are adding another layer to your security measures.