ProductsPersonal Loans Business Loan Gold Loan Credit Cards
ResourcesEMI Calculator IFSC Code Blogs FAQs
State wise List of Ahmedabad Mercantile Cooperative Bank IFSC code, MICR code and addresses of all branches in India.
Locate any details of banks branch in India
Ahmedabad Mercantile Cooperative Bank customers can transfer fund using National Electronic Funds Transfer (NEFT), Real Time Gross Settlement System (RTGS) as well as IMPS platforms. You can use either of these facilities to send money across different banks, different accounts, different states and different cities.
RTGS funds transfer can be used to send amounts of Rs. 1 lakh and above. You can go RTGS transfer through net banking or by walking into any of the branches. You must fill up a Fund Transfer Instruction form which is available at the Ahmedabad Mercantile Cooperative Bank. You need to provide the following information.
RTGS is available for customers to use on weekdays and Saturdays. It will not be available on Sundays and National holidays.
Fees & Charges for RTGS Transaction by Ahmedabad Mercantile Cooperative Bank :
|Amount||Charge(per transaction, excluding taxes)|
|INR 2 lakh(Minimum Amount)|
|Sum between INR 2 lakh to INR 5 lakh||
+ Applied Taxes
|Sum betwwen INR 5 lakh to INR 10 lakh||
+ Applied Taxes
NEFT can be used to transfer smaller amounts of money that do not exceed Rs. 99,999. To use this platform, customers can follow the same procedure as stated for RTGS. Fill up the Fund Transfer Instruction form available at the bank. You will need to furnish the information given below.
Fees & Charges for NEFT Transaction by Ahmedabad Mercantile Cooperative Bank :
|Cash up to INR 10,000||INR 2,50 + Applied Taxes|
|Sum between INR 10,000 and INR 1 lakh||INR 5 + Applied Taxes|
|Sum between INR 1 lakh and INR 2 lakh||INR 15 + Applied Taxes|
|Sum between INR 2 lakh and INR 5 lakh||INR 25 + Applied Taxes|
|Sum between INR 5 lakh and INR 10 lakh||INR 25 + Applied Taxes|
NEFT Transaction timings specified by Ahmedabad Mercantile Cooperative Bank:
|All days except Sundays, 2nd and 4th Saturdays||8:00 AM to 6:30 PM|
AMCB provides services such as savings, current, and term deposit accounts; and fixed, saving, and recurring deposits along with loan and advances. The success of this bank in a small period of 5 decades can mainly be accounted to the company’s aim of tending to the requirements of the entire business community in general and small size traders in particular.