Sunday, February 26, 2012

EDB introduces account portability


Srinagar, Feb 25: Here is some good News for customers of Ellaquai Dehati Bank. Bank has introduced account portability feature for transfer of customer from one bank branch to another branch. “The account portability is done in the system within minutes and is hassle free. Staff at our branches is trained to execute the facility,” said A K Razdan, Chairman EDB, at a meeting held here. A statement said under this facility the customer can shift his/her account to any of the desired branch any number of times, without any change in the account number, with just a change in the home branch code. The facility would enable the customer to have the freedom of operating his/her account from any of the branches of the bank. “Recently bank introduced Electronic Fund Transfer scheme under (NEFT) arrangement with RBI for bank to bank fund transfer which will be highly beneficial to our customers especially to fruit growers in the rural areas. With a broader network of our branches operating in the 13 Districts of the State, these facilities will be a great comfort to our customers for easy access to fund transfer and banking facility in nearby branch of their work place/residence,” statement said.

Greater Kashmir

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