Cooperative Bank Offers 24-hour Cash Deposit Facility


Panaji, May 10 (IANS): Thane Janata Sahakari Bank (TJSB), a cooperative bank, will soon offer customers the facility to deposit cash 24 hours a day at four branches in Maharashtra and Goa. The bank is also opening branch offices in Gujarat.

"Cash depositing machines are a first for cooperative banks. Customers can now deposit cash in the 24-hour machines, which can even filter fake and soiled notes. The money will be reflected in real time in the customer's account," the bank's chief executive officer Utekar said Thursday.

"While private banks like HDFC and ICICI have only begun this facility (24-hour cash deposit machines) at a few places, we will provide the facility at four branches," he said.

He said TJSB, which had a Rs.7,000 crore turnover in the last financial year, would also start operations in Gujarat with the opening of four branches within six months.

"It is a part of our new business expansion and futuristic vision," he said.

The TJSB currently has more than 70 branches in Maharashtra, Goa and Karnataka.

  

Top Stories


Leave a Comment

Title: Cooperative Bank Offers 24-hour Cash Deposit Facility



You have 2000 characters left.

Disclaimer:

Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. Daijiworld.com will not be responsible for any defamatory message posted under this article.

Please note that sending false messages to insult, defame, intimidate, mislead or deceive people or to intentionally cause public disorder is punishable under law. It is obligatory on Daijiworld to provide the IP address and other details of senders of such comments, to the authority concerned upon request.

Hence, sending offensive comments using daijiworld will be purely at your own risk, and in no way will Daijiworld.com be held responsible.