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About SBM BANK INDIA
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SBM BANK INDIA
Bank Name
SBM BANK INDIA
Key Banking Terms and Abbreviations Used at SBM BANK INDIA
RTGS
- Real Time Gross Settlement ๐: SBM BANK INDIA uses RTGS for transferring funds in real-time and on a gross basis.
NEFT
- National Electronic Funds Transfer ๐ป: SBM BANK INDIA offers NEFT, a nationwide system facilitating one-to-one funds transfer.
IMPS
- Immediate Payment Service ๐ฒ: SBM BANK INDIA's IMPS service enables instant, 24/7 interbank fund transfers.
MMID
- Mobile Money Identification Number ๐ฑ: SBM BANK INDIA issues a 7-digit MMID for mobile banking services.
UIDAI
- Unique Identification Authority of India ๐: SBM BANK INDIA utilizes UIDAI for issuing Aadhaar numbers.
UPI
- Unified Payments Interface ๐ณ: SBM BANK INDIA's UPI system allows multiple bank accounts to be accessed through a single mobile application.
KYC
- Know Your Customer ๐: SBM BANK INDIA employs the KYC process to verify the identity of their clients.
SWIFT Code
- Society for Worldwide Interbank Financial Telecommunication ๐:.
CIBIL
- Credit Information Bureau (India) Limited ๐งพ: SBM BANK INDIA refers to CIBIL for maintaining credit records of individuals and businesses.
ATM
- Automated Teller Machine ๐ง: SBM BANK INDIA provides ATMs for convenient cash withdrawals and other banking services.
CDM
- Cash Deposit Machine ๐ต: SBM BANK INDIA's CDMs allow customers to deposit cash directly into their accounts.
Passbook
- Account Statement ๐: SBM BANK INDIA issues passbooks to account holders for keeping a record of transactions.
Cheque Book
- Banking Instrument ๐: SBM BANK INDIA provides cheque books for account holders to facilitate easy payments and withdrawals.
Loan
- Credit Facility ๐ฐ: SBM BANK INDIA offers various loan products, including personal, home, and car loans.
FD
- Fixed Deposit ๐: SBM BANK INDIA's fixed deposit schemes provide a secure investment option with attractive interest rates.
RD
- Recurring Deposit ๐: SBM BANK INDIA's recurring deposit accounts help customers save regularly with a fixed interest rate.
State wise list of SBM BANK INDIA - NEFT enabled branches.
State
No of Branch
Maharashtra