Services at Motiram Agrawal Jalna Merchants Co-Operative Bank Jalna

Motiram Agrawal Jalna Merchants Co-Operative Bank offers host of servics to its account holders. Our servics coupled with our experienced staff are designed to make the banking experience of our account holders as seamless and blissful as it may get. Array of services offered by us are

National Automated Clearing House

National Automated Clearing House, or NACH, introduced by National Payments Corporation of India, is a centralised clearing service that aims at providing interbank high volume, low value transactions that are repetitive and periodic in nature.

JMC Bank is offering NACH credit and debit service to customer accounts, aimed at integrating all regional ECS into one National Payment System.

Electronic Clearing System (ECS) for credits and debits

The Reserve Bank of India offers the Electronic Clearing System for faster payments and collections.ECS Credit can be used to pay interest, dividends, to name a couple

JMC Bank is providing ECS Debit services to collect utility bills, EMIs etc.

Aadhaar Payment Bridge (APB)

Aadhaar Payment Bridge (APB) System: is one of the unique payment systems implemented by NPCI, uses Aadhaar number as a central key for electronically channelizing the Government benefits and subsidies in the Aadhaar Enabled Bank Accounts (AEBA) of the intended beneficiaries. Bank is providing tis facility to its customer since 2013.

Cheque Truncation System (CTS)

Cheque Truncation System (CTS) is a cheque clearing system undertaken by the Reserve Bank of India (RBI) for quicker cheque clearance. Bank is providing CTS cheques books and is live for CTS clearing.

Automated Teller Machine (ATM)

Bank has Installed ATM at each Branch’s .this service allows 24*7 payment for every bank’s customer through their ATM Card. Similarly, JMC Banks Rupay Debit card are EVM chief Based (Secured) ATM Card Accepted at all Bank’s ATM and POS,E-Com Services. Bank also provides Insta Rupay ATM Card.

Bank Refund Rupay card Discount to card Holders (as Applicable) on POS /E-com Purchase Now Bank Comes 1 Lac Insurance for Accidental Permanent Disability /death if used ATM Cars regularly.

Point of Sale Machines (POS)

POS is the place where your customer makes a payment for products or services at any store by swipe debit card.

JMC E-Commerce

e-commerce is just the process of buying /selling produce by electronic means such as by mobile applications and the Internet. Bank is live for E-commerce services since from 2017 and provide this to its customers successfully

JMC Bank Mobile App

Bank is provide various services to its customer using Mobile Bank app which can be download from Google Play Store

Using this service customer can 24*7 make NEFT/RTGS/IMPS/Transfer, check account Mini statements /details. Calculate EMI/Maturity value /Request for Cheque book ect..

Immediate Payment Service (IMPS)

Immediate Payment Service (IMPS) is an instant payment inter-bank electronic funds transfer system in India. IMPS offers an inter-bank electronic fund transfer service through mobile phones. Unlike NEFT and RTGS, the service is available 24/7 throughout the year including bank holidays.

E-Statements Service

Bank is providing monthly and yearly Statements to registered customer by e-mail

Missed Calls Alerts Service

Customer can conform their account balance by just giving Miss Call on 9021113388 from their registered Mobile Number

SMS Alerts

Bank Provide SMS to customer for any credit/debit transaction from their account. Also provide SMs for information relate to their Maturity /EMI.

Card Blocking

Customer can block their ATM Card by just sending SMS as BLOCK <15digit account Number> to 8750587505

Green Pin

Now customer can change/Set its ATM pin any time at JMC Bank ATM by using Green Pin Otion

Card Safe App

Customer can Safe their account from blocking /setting Limit of ATM Card’s Withdrawal /POS/E-com At Any time using Sarvatra Cardsafe app which can downloaded from Google Play Store

Core Banking Services (CBS)

The Bank uses state of art Core Banking Software (CBS) approved and certified by RBI to conduct business. All banking services are available to the customers via the latest and updated CBS software running at the branch.

Locker Facility

Bank has a state of art secure and strong locker room facility for the account holders. To know more and/or open your Locker at Bank contact us today.

Taxpayment Facility

We at Jalna Merchant Co-Operative Bank provide you with the facility to pay every kind of taxes including but not limited to GST, PF, IT. To know more contact us today.

Pradhan Mantri Jeevan Jyoti Bima Yojna (PMJJY)

The bank offers flagship insurance scheme by the Government of India. To join the scheme contact us today.

Pradhan Mantri Surakhsa Bima Yojna (PMSBY)

The bank offers flagship insurance scheme by the Government of India. To join the scheme contact us today.

Insurance Services

The Bank provides insurance tie-up with Bajaj Alliance for Loan Holder's policy.

The Bank provides insurance to ATM Card Holders through NPCI.

The Bank provides insurance to depositors (upto 1Lac) through DICGC.

Unified Payment Interface (UPI)

UPI is an instant real-time payment system developed by National Payments Corporation of India facilitating inter-bank transactions.
The interface is regulated by the Reserve Bank of India and works by instantly transferring funds between two bank accounts on a mobile platform

Positive Pay System (PPS) for CTS

RBI has issused a circular RBI/2020-21/41 DPSS.CO.RPPD.No.309/04.07.005/2020-21. Under Positive Pay System, an issuer a cheque will have to electronically submit certain minimum details of the particular cheque (such as date, name of the beneficiary, payee and amount) to the drawee bank for payments beyond prescribed amount limit. This can be done through our Application provided. JFinPay+ Kindly click here to Download The App
Also check User Manual for JFinPay+ Mobile App

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