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About Mashreqbank Psc

Home / IFSC Code / Mashreqbank Psc
Bank Name
Mashreqbank Psc

Key Banking Terms and Abbreviations Used at Mashreqbank Psc


  • RTGS - Real Time Gross Settlement ๐Ÿ•’: Mashreqbank Psc uses RTGS for transferring funds in real-time and on a gross basis.
  • NEFT - National Electronic Funds Transfer ๐Ÿ’ป: Mashreqbank Psc offers NEFT, a nationwide system facilitating one-to-one funds transfer.
  • IMPS - Immediate Payment Service ๐Ÿ“ฒ: Mashreqbank Psc's IMPS service enables instant, 24/7 interbank fund transfers.
  • MMID - Mobile Money Identification Number ๐Ÿ“ฑ: Mashreqbank Psc issues a 7-digit MMID for mobile banking services.
  • UIDAI - Unique Identification Authority of India ๐Ÿ†”: Mashreqbank Psc utilizes UIDAI for issuing Aadhaar numbers.
  • UPI - Unified Payments Interface ๐Ÿ’ณ: Mashreqbank Psc's UPI system allows multiple bank accounts to be accessed through a single mobile application.
  • KYC - Know Your Customer ๐Ÿ“‹: Mashreqbank Psc employs the KYC process to verify the identity of their clients.
  • SWIFT Code - Society for Worldwide Interbank Financial Telecommunication ๐ŸŒ:.
  • CIBIL - Credit Information Bureau (India) Limited ๐Ÿงพ: Mashreqbank Psc refers to CIBIL for maintaining credit records of individuals and businesses.
  • ATM - Automated Teller Machine ๐Ÿง: Mashreqbank Psc provides ATMs for convenient cash withdrawals and other banking services.
  • CDM - Cash Deposit Machine ๐Ÿ’ต: Mashreqbank Psc's CDMs allow customers to deposit cash directly into their accounts.
  • Passbook - Account Statement ๐Ÿ“–: Mashreqbank Psc issues passbooks to account holders for keeping a record of transactions.
  • Cheque Book - Banking Instrument ๐Ÿ“’: Mashreqbank Psc provides cheque books for account holders to facilitate easy payments and withdrawals.
  • Loan - Credit Facility ๐Ÿ’ฐ: Mashreqbank Psc offers various loan products, including personal, home, and car loans.
  • FD - Fixed Deposit ๐Ÿ“ˆ: Mashreqbank Psc's fixed deposit schemes provide a secure investment option with attractive interest rates.
  • RD - Recurring Deposit ๐Ÿ“‰: Mashreqbank Psc's recurring deposit accounts help customers save regularly with a fixed interest rate.

State wise list of Mashreqbank Psc - NEFT enabled branches.

State
No of Branch
Maharashtra
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