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Indian Bank offers the following novel services to the customers, both individuals and organisations.

  1. Remittances
  2. Collections
  3. Other Services
  4. Branches Having  7 days banking operations
  5. Cash Management Services
  6. Electronic Funds Transfer (EFT) Scheme

  • Banker's Pay Order
  • Demand Draft

DDShoppe

  1. Demand Drafts are issued even beyond normal banking hours through our DD Shoppes.
  2. At our computerised DD Shoppes, customers get neatly printed Demand Drafts. DD Shoppes are available at the following branches:
 
  • Begum Bazar
  • Hill Street
  • Kongareddipalli
 
  • Nabikot
  • Madanapalli
  • Cacoon Market
 
  • Sankari
  • Shevapet
  • South Mada Street
 
  • Ichalkaranji
  • Mettupalayam
  • T.Nagar
 
  • Raja Street
  • Burra Bazaar
  • R.S.Puram
 
  • Vijayawada
  • Chandni Chowk
  • D.B.Gupta Road
  • Mail Transfer
  • Telegraphic Transfer



Circle Office Branch Name
Ahmedabad Ajmer, Alkapuri, Alwar, Bikaner, Daxini Society, Naranpura, Paldi, Jaipur, Jodhpur
Bangalore Chamrajpet , Koramangala, Malleswaram, Udayagiri,
Kolkata Gariahat
Chennai

Anna Nagar,  Ashok  Nagar,

Coimbatore
Singanallur
Chithoor Tirupathi
Kancheepuram Chrompet, Madipakkam
Kumbakonam Mannargudi
Mumbai Chembur, Tilak Nagar, Ghatkopar, Kalyan, King's Circle, Matunga Bazaar, Nallasopra, Oshiwara, Siddharth Nagar, Vasai Road, Vile Parle
Pondicherry Lawspet
Thanjavur Eswari Nagar
Trichy Thillai Nagar
Tirunelveli Palayamkottai, Rajapalayam

Available to

Corporate and commercial customers  for collection of outstation cheques/instruments 

Facility

Customers have the option of availing funds on realisation or even before realisation on a pre-determined day.  

Other value added services
  • Instruments collected from the doorsteps of customer's place through courier.  For such collections, only the actual courier charges are payable.
  • Cheques can also be deposited at the drawee centres enabling faster  realisation of cheques
Charges
  • No premium charged if customer opts for availing funds on realisation.  Commission charges as applicable.
  • If customer opts to avail credit at a predetermined date even before realisation,  small premium charged for the actual number of days for which customer enjoys funds in advance.  
Facility presently available at 
  • Ahmedabad
  • Bangalore
  • Baroda
  • Chennai
  • Chandigarh
  • Coimbatore
  • Delhi
  • Ernakulam
  • Erode
  • Hyderabad
  • Madurai
  • Mumbai
  • Pune
  • Salem
  • Sivakasi
  • Surat
  • Tiruppur
  • Trichy
  • Vijayawada

For further details, please contact any of our nearest branches.


Purpose

Customers of bank can transfer funds from one branch of a bank to another branch of any bank located in a different centre and credit to the account is made on the next day. EFT remittances are accepted on all days except Saturdays and Sundays

Benefits

  • The account of the beneficiary is credit on the next day
  • Thebeneficiary need not visit the branch to lodge the cheque/DD
  • The beneficiary can immediately withdraw from the account - No need to wait for clearance of the instrument
  • Acknowledgement is received back by the originating branc
Scheme presently available at

1. Ahmedabad

2. Bangalore

3. Bhubaneswar

4. Chandigarh

5. Chennai

6. Guwahati

7. Hyderabad

8. Jaipur

9. Kanpur

10. Kolkata

11. Mumbai

12. Nagpur

13. New Delhi

14. Patna

15. Thiruvananthapuram

Limit

Rs..2.00 Crore for an individual EFT transaction

Service Charges

Normal DD commission plus additional charges of Rs.15/-


Last Updated August 1, 2008


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