Get Free Credit Score
Download App

What is IMPS? – Immediate Payment Service

Home Banking What is IMPS

Find Credit Cards that Best Suits your Needs

meter

Your credit health matters...

Your credit score is more than just a number. A better score can help unlock the things you want most - like a new credit card or best loan rates in the market.

Already have a report? Click Here

Free Credit Score

Get your credit report free, with monthly updates.
Error: Enter a valid Full Name
+91
Error: Enter a valid Mobile Number
Note: We will verify this number on the next step.
Error: Enter a valid Email Address
Error: PAN is required
Error: Date of Birth is required
Error: This is mandatory. We need to check availability of service in your area
City: Gurgaon
OTP Verification

Verify your mobile

Please enter the OTP we sent via SMS

Didn’t receive your OTP? Send it again
Your OTP resend limit exceeded. Please try again later.

I hereby appoint Paisabazaar as my authorised representative to receive my credit information from the following bureau partners :

I hereby unconditionally consent to and instruct the above bureaus to provide my credit information to me and Paisabazaar on a month to month basis. I understand that I shall have the option to opt out/unsubscribe from the service.

Name :
Date :28/01/2022

CC:
Paisabazaar.com,
Paisabazaar Marketing and Consulting Private Limited

CIBIL TERMS AND
CONDITIONS

To,
TransUnion CIBIL Limited
[Formerly known as Credit Information Bureau (India) Limited]
One Indiabulls building ,Unit No 1901 – 1905,
19th Floor, Tower 2A-2B, Jupiter Mill compound,
Senapati Bapat Marg, Lower Parel, Mumbai 400 013

Sub: Grant of Consent

Dear Sirs,

In connection with submission of the application for my credit information offered by CIBIL (“Consumer Credit Information”) through Paisabazaar (referred to as the “Company”) and delivery of the Consumer Credit Information to the Company, I hereby acknowledge and agree to the following:

A. The Company is my lawfully appointed agent and he / it has agreed to be my agent for the purposes, including, without limitation, to receive the Consumer Credit Information from TUCL on my behalf and use it in the manner consistent with the Agreement entered into between the Company and TUCL, and the Company has granted its consent for being appointed for the aforesaid purpose.

B. I grant my unconditional consent to the Company to receive the Consumer Credit Information from TUCL on my behalf and use it in the manner consistent with the Agreement entered into between the Company and TUCL, as the case may be, and the Company has granted its consent for being appointed for the aforesaid purpose. I hereby represent and acknowledge that: the Terms of Understanding in relation to the use of the Consumer Credit Information has been agreed between me and the Company.

C. I hereby expressly grant unconditional consent to, and direct, TUCL to deliver and / or transfer my Consumer Credit Information to the Company on my behalf.

D. I shall not hold TUCL responsible or liable for any loss, claim, liability, or damage of any kind resulting from, arising out of, or in any way related to: (a) delivery of my Consumer Credit Information to the Company ; (b) any use, modification or disclosure by the Company of the contents, in whole or in part, of my Consumer Credit Information , whether authorized or not; (c) any breach of confidentiality or privacy in relation to delivery of my Consumer Credit Information to the Company ; (d) for any use made by the Company which is contrary to the Agreement entered into between the Company and TUCL

E. I acknowledge and accept that: (a) TUCL has not made any promises or representations to me in order to induce me to provide my Consumer Credit Information or seek any consent or authorization in this regard; and (b) the implementation of the Agreement between TUCL and the Company is solely the responsibility of the Company.

F. I agree that I may be required to record my consent / provide instructions electronically and in all such cases I understand that by clicking on the "I Accept" button below, I am providing "written instructions" to Paisabazaar authorizing Paisabazaar to obtain my Consumer Credit Information from my personal credit profile from TransUnion CIBIL LIMITED, [formerly known as Credit Information Bureau (India) Limited]]. I further authorize Paisabazaar to obtain such information solely to confirm my identity and display my Consumer Credit Information to me. Further in all such cases “By checking this box and clicking on the ‘Authorize button, I agree to the terms and conditions, acknowledge receipt of TUCL privacy policy and agree to its terms, and confirm my authorization for Paisabazaar to obtain my Consumer Credit Information.

G. I understand that in order to deliver the product to me, I hereby authorize Paisabazaar, to obtain my Consumer Credit Information from TUCL.

H. By submitting this registration form, I understand that I am providing an express adhoc one-time written instructions for Paisabazaar to request and receive information about me from third parties, including but not limited to a copy of my consumer credit report and score from consumer reporting agencies, at any time for so long as I have an active Paisabazaar account. I further authorize Paisabazaar to retain a copy of my information for use in accordance with the terms of use of this service, Paisabazaar’s Terms of Use and Privacy Policy.

I. I UNDERSTAND THAT THE PRODUCT IS PROVIDED ON AN “AS-IS”, “AS AVAILABLE” BASIS AND TUCL EXPRESSLY DISCLAIMS ALL WARRANTIES, INCLUDING THE WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, AND NON-INFRINGEMENT.

J. I shall not sue or otherwise make or present any demand or claim, and I irrevocably, unconditionally and entirely release, waive and forever discharge TUCL , its officers, directors, employees, agents, licensees, affiliates, successors and assigns, jointly and individually (hereinafter “Releasee”), from any and all manner of liabilities, claims, demands, losses, claims, suits, costs and expenses (including court costs and reasonable attorney fees) (“Losses”), whatsoever, in law or equity, whether known or unknown, which I ever had, now have, or in the future may have against the Releasee with respect to the submission of my Consumer Credit Information and / or my decision to provide TUCL L with the authority to deliver my Consumer Credit Information to the Company . I agree to defend, indemnify, and hold harmless the Releasee from and against any and all Losses resulting from claims made against TUCL L by third parties arising from and in connection with this letter.

K. I agree that the terms of this confirmation letter shall be governed by the laws of India and shall be subject to the exclusive jurisdiction of the courts located in Mumbai in regard to any dispute arising hereof. TUCL is entitled to assign its rights hereunder to any third person without taking my prior written consent.

Yours faithfully,
Name :

I hereby appoint Paisabazaar as my authorised representative to receive my credit information from the following bureau partners :

I hereby unconditionally consent to and instruct the above bureaus to provide my credit information to me and Paisabazaar on a month to month basis. I understand that I shall have the option to opt out/unsubscribe from the service.

Name :
Date :28/01/2022

CC:
Paisabazaar.com,
Paisabazaar Marketing and Consulting Private Limited

EQUIFAX TERMS AND
CONDITIONS

I Mr./Ms. -------------------- ---------------------residing at ------------------------ ---------------------------------------- do hereby authorise Paisabazaar Team ,to do all acts on my behalf as may be necessary including to execute/sign application(s), make payment of applicable fees* and generally to all other acts as may be necessary to receive, on my behalf and at my request, my Credit Information Report (CIR) from Equifax Credit Information Services Private Limited("Equifax") at the following address/email id:

I hereby confirm that all the powers hereby conferred may be exercised by officer(s) or manager(s) / agent(s) / employees of the Paisabazaar who is duly authorized by the Paisabazaar.

I hereby confirm, agree, undertake and accept that I shall at all times be solely responsible for all the above actions and omissions of the Paisabazaar shall be binding on me as though such actions had been carried out by me directly. I further confirm that my CIR shall be used only for the purpose as mentioned in the attached standard terms and conditions and I shall be solely liable for, and indemnify and hold harmless Equifax for and against, any and all third party claims or damages or proceedings of any kind, arising from or in connection with (a) any misrepresentations, incorrect information or omission of any critical information in my application, or (b) furnishing my CIR based on this authorization letter, and shall not at any time hold Equifax or its affiliates and their respective officers, directors, employees or representatives liable in this respect.

I hereby also confirm that I have only appointed Paisabazaar to be my authorized agent/representative for collection of my CIR.

I undertake to keep Equifax intimated and informed at all times, of any renewals or termination of the authorization to Paisabazaar or any amendments, modifications or changes in the terms governing the obligations or my relationship with Paisabazaar.

I shall at all times co-operate with Equifax and execute and deliver to Equifax such instruments and documents and take such other actions as may be required by Equifax from time to time in connection with this authority letter.

By signing on this authorization letter, I hereby acknowledge and accept the Standard Terms and Conditions mentioned above.

Date : 28/01/2022

I hereby appoint Paisabazaar as my authorised representative to receive my credit information from the following bureau partners :

I hereby unconditionally consent to and instruct the above bureaus to provide my credit information to me and Paisabazaar on a month to month basis. I understand that I shall have the option to opt out/unsubscribe from the service.

Name :
Date :28/01/2022

CC:
Paisabazaar.com,
Paisabazaar Marketing and Consulting Private Limited

EXPERIAN TERMS AND
CONDITIONS

YOU HEREBY APPOINT PAISABAZAAR AS YOUR AUTHORISED REPRESENTATIVE TO RECEIVE YOUR CREDIT INFORMATION FROM EXPERIAN.

YOU HEREBY IRREVOCABLY AND UNCONDITIONALLY CONSENT TO SUCH CREDIT INFORMATION BEING PROVIDED BY EXPERIAN TO YOU AND PAISABAZAAR AND YOU HEREBY AGREE, ACKNOWLEDGE AND ACCEPT THE TERMS AND CONDITIONS SET FORTH HEREIN. YOU HEREBY ALSO AGREE AND ACKNOWLEDGE THAT FOR PAISABAZAAR TO SERVICE YOU AS A CUSTOMER, THE CREDIT INFORMATION SHALL BE SHARED BY EXPERIAN WITH YOU AND PAISABAZAAR ON A MONTHLY BASIS. YOU FURTHER ALSO AGREE AND CONSENT TO RECEIVE SUCH CREDIT INFORMATION DIRECTLY FROM EXPERIAN AND ALSO THROUGH YOUR PAISABAZAAR ACCOUNT AS PER YOUR INDEPENDENT REGISTRATION WITH PAISABAZAAR.

Please read the Terms and Conditions of this document carefully before accepting. By clicking on the "I ACCEPT" button below, you are expressly agreeing to access the Experian Credit Information Report and Credit Score (as defined in the Important Information Section below) (together referred as "Credit Information") and share a copy of the Credit Information with Paisabazaar in the "as is" format. Please click on the link below to read and understand the Important Information section below.

** This document is an electronic record in terms of the Information Technology Act, 2000 and Rules made there under, and the amended provisions pertaining to electronic records.

Information Collection, Use, Confidentiality, No-Disclosure and Data Purging

PAISABAZAAR/ We/ Us can only access your Credit Information as your authorized representative and we shall use the Credit Information for limited end use purpose consisting of and in relation to the services proposed to be availed by you from us on the Website. We shall not aggregate, retain, store, copy, reproduce, republish, upload, post, transmit, sell or rent the Credit Information to any other person and the same cannot be copied or reproduced other than as agreed herein.

We shall protect and keep confidential the Credit information both online and offline and use best in class security measures in line with applicable laws. The Credit Information shared by You, or received on your behalf shall be destroyed, purged, erased promptly upon the earlier of: (i) your written request to terminate this relationship with Paisabazaar (ii) the completion of provision of the Services by us to you.

Governing Law and Jurisdiction The relationship between you and the Parties shall be governed by laws of India and all claims or disputes arising there from shall be subject to the exclusive jurisdiction of the courts of [Mumbai].

Definitions: Capitalised terms used herein but not defined above shall have the following meanings:
"Credit Information Report" means the credit information / scores / aggregates / variables or reports which shall be generated by Experian;
"Credit Score" means the score which shall be mentioned on the Credit Information Report which shall be computed by Experian.
"CICRA" shall mean the Credit Information Companies (Regulation) Act, 2005 read with the Credit Information Companies Rules, 2006 and the Credit Information Companies Regulations, 2006, and shall include any other rules and regulations prescribed thereunder.
PLEASE READ THE ABOVE MENTIONED IMPORTANT INFORMATION AND CLICK ON "ACCEPT" FOLLOWED BY THE LINK BELOW TO COMPLETE THE AUTHORISATION PROCESS FOR SHARING OF YOUR CREDIT INFORMATION BY EXPERIAN WITH YOU AND PAISABAZAAR, IN ITS CAPACITY AS YOUR AUTHORISED REPRESENTATIVE.
BY CLICKING "ACCEPT" YOU AGREE AND ACCEPT THE DISCLAIMERS AND TERMS AND CONDITIONS SET OUT HEREIN. THE TERMS AND CONDITIONS MENTIONED HEREIN MAY CHANGE IN ORDER TO COMPLY WITH GOVERNING LAWS OF THE COUNTRY AND THE CONSUMER SHALL BE BOUND TO ANY CHANGES TO THIS AGREEMENT

Name :
Date : 28/01/2022

I hereby appoint Paisabazaar as my authorised representative to receive my credit information from the following bureau partners :

I hereby unconditionally consent to and instruct the above bureaus to provide my credit information to me and Paisabazaar on a month to month basis. I understand that I shall have the option to opt out/unsubscribe from the service.

Name :
Date :28/01/2022

CC:
Paisabazaar.com,
Paisabazaar Marketing and Consulting Private Limited

CRIF HIGH MARK TERMS
AND CONDITIONS

This End User Agreement (the "Agreement") is made between you (the "User" or "You") and Paisabazaar Marketing and Consulting Pvt Ltd ("PaisaBazaar"), a private limited company having its registered office at Plot No 119, Sector-44, Gurgaon-122001, Haryana ("PAISABAZAAR", "Us" or "We", which term shall include its successors and permitted assigns). The User and PAISABAZAAR shall be collectively referred to as the "Parties" and individually as a "Party".

YOU HEREBY APPOINT PAISABAZAAR AS YOUR AUTHORISED REPRESENTATIVE TO RECEIVE YOUR CREDIT INFORMATION FROM CRIF HIGH MARK. BY EXECUTING THIS AGREEMENT / CONSENT FORM, YOU ARE EXPRESSLY AGREEING TO ACCESS THE CRIF HIGH MARK CREDIT INFORMATION REPORT AND CREDIT SCORE, AGGREGATE SCORES, INFERENCES, REFERENCES AND DETAILS (AS DEFINED BELOW)(TOGETHER REFERRED AS "CREDIT INFORMATION"). YOU HEREBY ALSO IRREVOCABLY AND UNCONDITIONALLY CONSENT TO SUCH CREDIT INFORMATION BEING PROVIDED BY CRIF HIGH MARK TO YOU AND PAISABAZAAR BY USING CRIF HIGH MARK TOOLS, ALGORITHMS AND DEVICES AND YOU HEREBY AGREE, ACKNOWLEDGE AND ACCEPT THE TERMS AND CONDITIONS SET FORTH HEREIN. YOU ALSO ACKNOWLEDGE THAT YOU SHALL NOT RAISE ANY CLAIM OR HOLD LIABLE CRIF HIGH MARK CREDIT INFORMATION SERVICES PRIVATE LIMITED IN RELATION TO YOUR CREDIT INFORMATION REPORT AND CREDIT SCORE PROVIDED OR TO BE PROVIDED BY CRIF HIGH MARK TO PAISABAZAAR.

Terms and Conditions: Information Collection, Use, Confidentiality, No-Disclosure and Data Purging PAISABAZAAR shall access your Credit Information as your authorized representative and PAISABAZAAR shall use the Credit Information for limited end use purpose consisting of and in relation to the services proposed to be availed by you from PAISABAZAAR. PAISABAZAAR shall not aggregate, retain, store, copy, reproduce, republish, upload, post, transmit, sell or rent the Credit Information to any other person and the same cannot be copied or reproduced other than as agreed herein.

The Parties agree to protect and keep confidential the Credit Information both online and offline. The Credit Information shared by you, or received on by us on your behalf shall be destroyed, purged, erased promptly upon request from the consumer or the consumer withdrawing the consent to retain such credit information / reports by deleting/deactivating the consumers account with Paisabazaar.

Governing Law and Jurisdiction Definitions: Capitalised terms used herein but not defined above shall have the following meanings:
" Business Day" means a day (other than a public holiday) on which banks are open for general business in Gurgaon and Mumbai.
" Credit Information Report" means the credit information / scores/ aggregates / variables / inferences or reports which shall be generated by CRIF High Mark;
" Credit Score" means the score which shall be mentioned on the Credit Information Report which shall be computed by CRIF High Mark.
" CICRA" shall mean the Credit Information Companies (Regulation) Act, 2005 read with the Credit Information Companies Rules, 2006 and the Credit Information Companies Regulations, 2006, and shall include any other rules and regulations prescribed thereunder.
IN CASE THERE IS ANY DISCREPANCY OR INABILITY IN COMPLETION OF ONLINE AUTHENTICATION, PLEASE SUBMIT YOUR SELF ATTESTED KYC DOCUMENTATION IN SCANNED COPIES FOR SHARING OF YOUR CREDIT INFORMATION BY CRIF HIGH MARK WITH YOU AND PAISABAZAAR (YOUR AUTHORISED REPRESENTATIVE).
ONLINE SUBMISSION - DOES NOT REQUIRE SIGNATURE AND EXECUTION"

Name :
Date :28/01/2022

More

There is some technical issue. Please try again later.

Updated: 06-07-2021 07:24:23 AM

IMPS stands for Immediate Payment Service in Indian banking system terminologies. It is a money transfer mechanism made available by the apex bank of the country, the Reserve Bank of India and the National Payments Corporation of India (NPCI). Initiated in 2010 by the NPCI with the help of a pilot project with 4 major banks, IMPS has now grown to 150+ banks.

The major feature of IMPS is that it is available at all times for usage. It transfers funds instantly and is a great banking platform in case of emergencies. The transaction charges of this platform are also very nominal and the transfer limit is also considerable, approximately Rupees 2 lakhs per day. Moreover, IMPS is available on mobile too which makes it super-convenient.

Get Your Free Credit Report with Monthly Updates Check Now

National Electronic Fund Transfer (NEFT) and RTGS (Real-time gross settlement) transfer mechanisms are only available during their business hours. Moreover, NEFT and RTGS are not available on bank off-days and holidays. However, IMPS scores a point in this regard as it is available 24 x 7.

National Payments Corporation of India (NPCI) is responsible for managing the IMPS fund transfer mechanism. This mechanism is regulated by the Reserve Bank of India. One can define IMPS as an immediate, inter-bank real-time fund transfer mechanism enabled through electronic means.

How to transfer funds using IMPS?
What are the features of IMPS?
What are the platforms other than IMPS used for fund transfer?

How to transfer funds using IMPS?

IMPS can transfer your funds through net-banking and mobile banking platforms. Both the processes are explained below:

The process of IMPS transfer through net-banking is as follows – Log into your bank’s net-banking portal; add an IMPS beneficiary by inputting the beneficiary’s account no., account type, IFSC Code, name, and contact details; after your bank confirms that the beneficiary has been included, go to Fund Transfer and then select the beneficiary to whom you want to transfer funds. Once you do that the beneficiary’s account details will appear, enter Amount and Remarks (optional). Verify the payment and your funds will be transferred instantly through IMPS.

The process of IMPS transfer through mobile banking is as follows – Log into your bank’s mobile banking application; add the beneficiary, if not already added (the process of adding a beneficiary has been described above), once the beneficiary is added, click on Send Money/Fund Transfer tab and go to the IMPS option; there enter Beneficiary mobile no., Amount and the beneficiary’s Mobile Money Identifier (MMID). The application will then ask for your Mobile PIN (MPIN) to authenticate the transfer, once you verify your Mobile PIN, your money will be transferred and then the bank will send you a confirmation text message mentioning the transaction no. You can use that transaction no. while giving feedback/for queries and complaints.

Get Free Credit Report with Complete Analysis of Credit Score Get Report

Moreover, to receive money through IMPS, just provide your mobile no. and Mobile Money Identifier (MMID) to the payer, and then the payer will be able to transfer money to you through IMPS. If the payer is paying you through IMPS net-banking, you will have to provide the payer with your account details such as account name, account no., IFSC Code, etc. so that the payer can add you as a beneficiary.

What are the features of IMPS?

IMPS was a revolutionary fund transfer system when it was launched in 2010. It made payment settlements faster and easier. Below are some features of the Immediate Payment Service system:

  • IMPS is one of the fastest and one of the most reliable ways to conduct inter-account money transfers. The Unified Payment Interface (UPI) is also built on this platform.
  • Immediate Payment Service (IMPS) is a fast, safe and secure way to send and receive funds.
  • IMPS works on both net-banking and mobile platforms and its services are available at all times even on public and bank holidays and bank off-days.
  • Money can be sent to any beneficiary through IMPS mobile platform by only providing his/her mobile no. and Mobile Money Identifier (MMID).
  • Bank account nos. are not necessarily required for IMPS fund transfer if you are transacting through mobile. Transfer notification is sent by the bank to both the payer and the payee when the transfer is complete.
  • The IMPS fund transfer limit currently is Rupees 2 lakh per day. The minimum allowed transaction value in IMPS is Rupees 1.
  • To conduct transactions through the IMPS, you shall have to follow the below steps:
  • Register for mobile banking or net banking of your bank account.
  • If accessing the IMPS fund transfer through mobile banking, you should have the beneficiary’s Mobile Money Identifier (MMID) and your MPIN (Mobile PIN).
  • If you are transferring money through IMPS net-banking, you need the payee’s account details such as account name, no., IFSC, etc. to pay the beneficiary.

Your Credit Score and Report Is Now Absolutely Free Check Now

What are the platforms other than IMPS used for fund transfer?

Other platforms used for fund transfer in India include National Electronic Fund Transfer (NEFT) and Real-time gross settlement (RTGS). Let’s go through both of these transfer mechanisms in detail to understand how they differ from IMPS:

National Electronic Funds Transfer (NEFT) – NEFT transfers funds between two bank accounts through electronic messages. This transaction happens on a one–to–one basis. Fund transfer through NEFT doesn’t occur on a real-time basis which is unlike RTGS and IMPS. NEFT usually settles transfers in hourly batches during their business hours. In NEFT, 23 settlements occur between 8 A.M. and 6.30 P.M. NEFT fund transfer conducts business on weekdays and the 1st, 3rd, and the 5th Saturday of a calendar month. Additionally, NEFT is managed by the Reserve Bank of India and its transfer mechanism settles payments through net transfer facility in batches.

Real-time Gross Settlement (RTGS) – Through RTGS, funds are transferred between bank accounts on a real-time and gross basis. RTGS transfers funds in real-time, i.e. there isn’t any waiting period while transferring funds. Through RTGS, the transaction is settled as and when it is processed.  RTGS doesn’t bundle your fund transfer settlement with other fund transfers. In RTGS, your funds are not transferred in batches. In the RTGS fund transfer mechanism, your funds are not clubbed with payments of other users. In RTGS, your funds are transferred individually and they end up in your payee’s account. Moreover, RTGS is a dedicated fund transfer tool and is faster than NEFT.  This is why RTGS is preferred for high-value transactions.

Through this mechanism, RTGS transactions are processed within RTGS business hours. RTGS funds are usually credited to payee’s accounts within half an hour. The RTGS window is open from 9 a.m. to 4.30 p.m. on weekdays and 9 a.m. to 2 p.m. on Saturdays. Sundays, bank holidays, and bank-off days are not included in RTGS business hours.

If you need to transfer funds through RTGS and NEFT, then you need the payee’s account no., IFSC code, bank branch, beneficiary’s name, and the amount of money that has to be transferred. The minimum transaction limit of RTGS and NEFT usually is Re. 1. Additionally, the maximum limit for NEFT and RTGS transfer mechanisms depends on each bank. As aforementioned, the minimum transfer limit of IMPS is Re. 1 and the maximum limit of funds can go up to Rupees 2 lakh in a day.

NEFT, RTGS, and IMPS transactional charges vary from bank to bank. NEFT charges can be as low as Re. 1 and as high as Rupees 25, depending upon the channel of your NEFT transaction. RTGS transactions too have charged as low as Rupees 25 and as high as Rupees 55. GST may also be applicable on these transfers. If an RTGS transfer is carried out outside business hours, additional charges may be applied.

For IMPS, the minimum transactional charges usually are Rupees 5 and maximum charges can go up to Rupees 15. Moreover, these charges may vary from bank to bank. Moreover, there can be an additional service tax chargeable with IMPS.

Checking Credit Report Monthly has no impact on Credit Score Check Now

List of the name of banks which offer IMPS service in India

The major banks which are offering IMPS services as of date are:

  1. Andhra Bank,
  2. Allahabad Bank,
  3. Adarsh Co-operative Bank Ltd.,
  4. Axis Bank,
  5. Bandhan Bank Ltd.,
  6. Bank of India,
  7. Bank of Baroda,
  8. Bassein Catholic Co-op Bank,
  9. Bank of Maharashtra,
  10. Canara Bank,
  11. BNP Paribas,
  12. Central Bank of India,
  13. Catholic Syrian Bank,
  14. City Union Bank,
  15. Citibank,
  16. Cosmos Co-operative Bank,
  17. Corporation Bank,
  18. Development Bank of Singapore,
  19. Dena Bank,
  20. Dhanalakshmi Bank,
  21. Development Credit Bank,
  22. Federal Bank,
  23. Dombivli Nagarik Sahakari Bank,
  24. HSBC,
  25. HDFC Bank,
  26. IDBI Bank,
  27. ICICI Bank,
  28. Indian Overseas Bank,
  29. Indian Bank,
  30. ING Vysya Bank,
  31. IndusInd Bank,
  32. Janata Sahakari Bank, Pune,
  33. Jammu & Kashmir Bank,
  34. Karur Vysya Bank,
  35. Karnataka Bank,
  36. Kerala Gramin Bank,
  37. Lakshmi Vilas Bank,
  38. Kotak Mahindra Bank,
  39. Nainital Bank,
  40. Mehsana Urban Co-operative Bank,
  41. NKGSB Co-operative Bank,
  42. Pragathi Krishna Gramin Bank,
  43. Oriental Bank of Commerce,
  44. Punjab and Sind Bank,
  45. Punjab and Maharashtra Co-op Bank,
  46. Rajkot Nagrik Sahkari Bank Ltd,
  47. Punjab National Bank,
  48. Saraswat Bank,
  49. RBL Bank,
  50. Standard Chartered Bank,
  51. South Indian Bank,
  52. State Bank of India,
  53. Syndicate Bank,
  54. Thane Janata Sahakari Bank,
  55. Tamilnad Mercantile Bank,
  56. The A.P Mahesh Urban Co-op Bank,
  57. UCO Bank,
  58. The Greater Bombay Co-op Bank,
  59. Union Bank of India,
  60. Vijaya Bank,
  61. United Bank of India and
  62. Yes Bank.

This list is subject to change.

Menu