Standing Instructions

A standing instruction is a remittance service by which customers can instruct the Bank to effect fund transfers at preset timings and amounts from their accounts to a designated beneficiary account.

Standing Instructions can be used for:

1.  Repayment of loan at specific interval

2.  Payment of Bills.

3.  Transfer to recurring deposit accounts.

4.  Payment of Safe Deposit rentals.

5.  Payment of Salary

6.  Inter A/c transfer of FD interest at stipulated intervals

7   Inter A/c transfers of SB, CA and CC a/cs. 

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