Direct member of RTGS / NEFT
The Malad Sahakari is a direct member of RBI in RTGS / NEFT products, now our Bank customers can use the new IFSC code of the bank in all digital channels like RTGS / NEFT, IMPS and UPI channels throughout the country.
Custoner need to do the re-registration process in the UPI app.
For Merchant UPI account (Current Account Holder) you need to do the Link Account with New IFSC code on UPI app.
PMJJBY / PMSBY Scheme
As per the Government of India - Ministry of Finance : Department of Financial Services, In views of the claim experience of the PMJJBY and PMSBY schemes, the rule for premium per annum of PMJJBY and PMSBY have been revised.
Bank will be debiting balance payment from the customers account through the system soon.