Now the customer of AP Mahesh Co-Operative Bank would also be able to transfer funds online as the bank has been admitted as a member of the National Electronic Funds Transfer (NEFT) system.
Chairman of the Bank, Mr. Ramesh Bung said “This will enable customers to transfer their funds, even small amounts across India instantaneously.”
Apart from that the banks has also got permission form Reserve Bank of India to three more branches. The total branch count of the bank will increase to 36 if the new branches that have been granted permission are also considered.
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