Banking Services


Banking Services

  • Saving Bank Account

    Saving Bank Account can be opened by Individuals and Non-Individuals. This account may be opened and run with a minimum balance as follows:-
    With Cheque Book Facility     With Withdrawal Slip
    Individual (s)Rs. 1000/-             Rs. 300/-
    Non-individualRs. 1000/          -Not applicable

    Benefits:-

    Nomination Facility available.
    Deposits are insured with Deposit Insurance & Credit Guarantee Corporation.

    Interest Rates:-
    3.00%

    Documents Required:-

    Account Opening Form.
    02 Passport size Photograph
    Pan card
    Adhar Card
    Light Bill
    Ration Card

  • Current Account

    Current Account can be opened by individuals,Corporates,Pvt Ltd,Public Ltd, Co-operative Institutions, Housing Societies,Trust,Aop etc.Account could be opened with initial amount of Rs. 2200/-Minimum balance of Rs. 2000/- should be maintained

    Benefits:-

    Can avail overdraft facilities on pledging Fixed Deposit Receipts.

    Documents Required:-
    • 02 passport size photographs each
    • Pan Card
    • Adhar Card
    • Residence Light Bill
    • Shop/Office Light Bill
    • Shop Act Licence
    • Partnership Deed
    • Memorandum of Association
    • Articles of Association
    • Certification of Incorporation of Co.
    • Borad Resolution for opening account
    • List of Directors
    • Letter of Signature authority

    Documents required while opening current account of co-oprative banks and societies:

    • Registration of Bank / Society.
    • Bye-laws of Bank / Society.
    • Permission to carry on Banking Business in case of a bank.
    • Resolution of Board of Directors to open Current Account with MSCB, and authority to office bearers to operate the said Current Account
    • Name of office bearers and their specimen signatures and Photograph
    • List of Directors & their addresses in case of co-operative Bank
    • Annual Report of the concerned institutions
    • Account could be opened with initial amount of Rs. 5000/-
    • Minimum balance of Rs. 5000/- should be maintained
  • Core Banking Solution

    Implemented Core Banking Solution (CBS) in 2011.
    To give all CBS based services to the customers

    Provide excellent services through Channels like:

      a) ATM Services
      b) Internet Banking
      c) SMS Banking
      d) Anywhere Banking
  • SMS Banking Services

    Indrayani Co-Op Bank Ltd., in an attempt to fulfill the ever rising needs of banks customers, has launched SMS banking facility for it's customers.SMS Banking brings Banking to your fingertips.
    With SMS, you can perform a wide range of query based transactions from your mobile phone at a very low cost.

    SMS Banking Services:-

    - Check account balances
    - Recent transactions

  • Cheque Issue Facility

    Customers can contact their respective branches to get cheque book

    Timings:-

    - Monday to Friday - 10.00 A.M to 6.00 P.M
    - Saturday - 10.00 A.M to 5.00 P.M

  • Locker Facility

    The Safe Deposit Locker facility offers invaluable safety for you valuables
    We also have on offer a variety of sizes to fit your requirements
    The deposit lockers can be operated at your convenience during our banking hours.
    We provide the maximum safety to your valuables that are placed in our Safe Deposit Lockers.

    Sr.No Locker Locker Size Deposit Charges
    1 A 16 * 12 Rs. 50000/- Rs.500 Per annual
    2 C 33 * 12 Rs.50000/- Rs.2000p.a
    3 F 33 * 27 Rs.50000/- Rs.2000 p.a
    4 D 25 * 18 Rs.50000/- Rs.1500 p.a
    5 G 50 * 18 Rs.50000/- Rs.2000 p.a
    6 K 75 * 27 Rs.50000/- Rs.5000 p.a

    Pay one year's rent in advance upfront.
    Our lockers are offered at very competitive rates. Please visit your nearest branch to find out more about the locker charges.

    Eligibility to rent a locker:-

    - Must be an A/c Holder
    - Must be Share Holder
    - Minimum Amount to open an A/c : 500/-
    - No cheque Book facility