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Indian Bank offers the following novel services to the customers,
both individuals and organisations.
- Remittances
- Collections
- Other Services
- Branches Having 7 days banking
operations
- Cash Management Services
- Electronic Funds Transfer (EFT)
Scheme
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- Banker's Pay Order
- Demand Draft
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DDShoppe
- Demand Drafts are issued even beyond normal banking hours
through our DD Shoppes.
- At our computerised DD Shoppes, customers get neatly printed
Demand Drafts. DD Shoppes are available at the following
branches:
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- Mail Transfer
- Telegraphic Transfer

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| Circle Office
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Branch Name |
| Ahmedabad
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Ajmer,
Alkapuri, Alwar, Bikaner, Daxini Society, Naranpura, Paldi,
Jaipur, Jodhpur |
| Bangalore |
Chamrajpet , Koramangala, Malleswaram, Udayagiri, |
| Kolkata |
Gariahat |
| Chennai
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Anna Nagar, Ashok Nagar,
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Coimbatore
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Singanallur |
| Chithoor
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Tirupathi |
| Kancheepuram
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Chrompet, Madipakkam |
| Kumbakonam
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Mannargudi |
| Mumbai
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Chembur,
Tilak Nagar, Ghatkopar, Kalyan, King's Circle, Matunga Bazaar,
Nallasopra, Oshiwara, Siddharth Nagar, Vasai Road, Vile Parle |
| Pondicherry
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Lawspet |
| Thanjavur
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Eswari
Nagar |
| Trichy
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Thillai
Nagar |
| Tirunelveli
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Palayamkottai,
Rajapalayam  |
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| Available to |
Corporate and commercial customers for collection of
outstation cheques/instruments
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Facility
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Customers have the option of availing
funds on realisation or even before realisation on a pre-determined
day.
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| Other value
added services |
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Instruments collected
from the doorsteps of customer's place through courier.
For such collections, only the actual courier charges
are payable.
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Cheques
can also be deposited at the drawee centres enabling
faster realisation of cheques
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| Charges |
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No premium charged
if customer opts for availing funds on realisation.
Commission charges as applicable.
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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.
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| Facility presently
available at |
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Ahmedabad
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Bangalore
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Baroda
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Chennai
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Chandigarh
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Coimbatore
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- Delhi
- Ernakulam
- Erode
- Hyderabad
- Madurai
- Mumbai
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- Pune
- Salem
- Sivakasi
- Surat
- Tiruppur
- Trichy
- Vijayawada
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For further details, please contact any of our nearest branches.
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Purpose
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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
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Benefits
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- 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
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| Scheme presently
available at |
1. Ahmedabad
2. Bangalore
3. Bhubaneswar
4. Chandigarh
5. Chennai
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6. Guwahati
7. Hyderabad
8. Jaipur
9. Kanpur
10. Kolkata
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11. Mumbai
12. Nagpur
13. New Delhi
14. Patna
15. Thiruvananthapuram
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Limit
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Rs..2.00 Crore for an individual EFT transaction
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Service Charges
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Normal DD commission plus additional charges of Rs.15/- 
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