UNION BANK OF INDIA LAUNCHES DIGITAL INITIATIVES
BANKING / FINANCE
Union Bank of India launches
Digital initiatives
for its customers
by Shrutee K / DNS
Mumbai,
06th July 2015: As our country moves towards achieving mission of
Digital India, Union Bank of India prides in providing customer convenience by
launching following digital initiatives:
- IMPS through branches for Retail and
Corporate customers
- Mobile Passbook ( M Passbook)
- Missed call facility for Mobile Banking
& Account balance
- SMS based value added services
IMPS through branches for
Retail and Corporate customers:
Union Bank is the first
Bank in the Industry to launch IMPS through branches for its Retail and
Corporate customers by integrating IMPS platform in its CBS (Core Banking
Solution)
which is fully in house.
Under this facility customers can approach
any of our branch and request for instant fund transfer. IMPS facility allows
customers to instantly transfer fund to any other bank account up to Rs. 2 lacs
per day. Bank has launched this facility for both Retail and Corporate
customers. Most of the Corporate
customers need instant remittance of fund and IMPS addresses their need as
Account number and IFSC code of
beneficiary account is only required for the transaction to go through.
Mobile
Passbook (M Passbook):
Digital passbook feature shall
be enabled for Bank's customer to view his / her account statement through
mobile. The M Passbook shall be available at all mobile app store viz android,
ios , blackberry , windows etc. Customer has to simply download the M Passbook
and start operating it. He/she can retrieve statements of all his accounts on
his mobile for any period.
Missed
call Suvidha
·
To
know the balance in the account
Customers
can simply give a miss call from their registered mobile number to 09223008586.
Instantly customer will receive SMS on his mobile for the available balance in
the account.
·
To
download Mobile Banking App
Customers
can simply give a miss call from their registered mobile number to 09223060000.
Instantly customer will receive a link to download UMobile App. Upon downloading
customer can instantly register for mobile banking using the debit card
details.
SMS
based Suvidha
Customers of our Bank can avail
the following value added services by simply sending SMS to a designated number
(09223008486)
·
Blocking debit card
·
Balance enquiry of various accounts
·
Aadhaar ID seeding
·
Enable/Disable user id of internet banking
·
ATM and Branch Locator
On the occasion Shri
Arun Tiwari, Chairman and Managing Director, Union Bank of India said that Digital
transformation is going to change the dynamics of banking in the near future.
Digital Banking shall replace branch banking and Union Bank of India will
always be ahead to foray into any venture which brings in technological
convenience to the customers. Shri K Subrahmanyam ,
Shri Rakesh Sethi and Shri Kishor Kharat, Executive Directors of the Bank were
also present on this occasion.
Union Bank of India is a leading Public Sector Bank with a wide
network of 4085 Branches and 6877 ATMs.
The Bank has deployed state of art technology platform to provide
customer centric products and services.
Further, Bank through its Digital Banking Department has initiated
various technology projects to align IT with Business goals like Tabulous
Banking, Mobile Banking, Internet Banking, Instant Fund Transfer through IMPS,
MTNL Bill Payment through Mobile, Talking ATM and IRCTC Union Bank of India
Prepaid Card. The Bank also has a state
of art Call Centre operational in 9 languages.
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