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Tuesday, January 22, 2013

List of Banks on the APBS Platform as on 22 Jan 2013


            As on date there are 39 banks on the APBS platform. This means the respective bank customers can receive funds based only on their Aadhaar number.
          The major addition of the banks was the in January 2013, after the launch of Government of India’s ‘Direct Cash Transfer’, scheme.

          It is good to know that Gramin Banks too are joining the APBS bandwagon. This is important as majority of the beneficiaries are currently located in the Tier IV to Tier VI towns, and Gramin Banks have a strong presence there.

          What is IIN No?
         
          IIN stands for Institution Identification Number. This is allotted by NPCI for banks joining the APBS network.

It is envisaged that the ‘APBS Mapper module’, will store the ‘Aadhaar number’, and respective IIN No. The transaction will be routed to the respective bank based on the IIN against the respective ‘Aadhaar Number’.

At present, it is not clear as to how sub-member Bank customers would benefit from APBS.
           
 SL No
Bank Name
IIN No
1
Union Bank of India
508500
2
Bank of India
508505
3
Syndicate Bank
508508
4
Canara Bank
508532
5
ICICI Bank Ltd
508534
6
State Bank of India
508548
7
Punjab National Bank
508568
8
Oriental Bank of Commerce
508585
9
Central Bank of India
607115
10
Axis Bank
607153
11
Bank of Maharashtra
607387
12
Vijaya Bank
607075
13
South Indian Bank
607167
14
IDBI
607095
15
Federal Bank Ltd
607165
16
Dena Bank
508547
17
United Bank of India
607028
18
Indian Bank
607105
19
Bank of Baroda
606985
20
UCO Bank
607066
21
State Bank of Patiala
606990
22
State Bank of Hyderabad
606998
23
Allahabad Bank
607117
24
Andhra Bank
607170
25
Indian Overseas Bank
508541
26
State Bank of Travancore
606991
27
State Bank of Mysore
606989
28
Punjab & Sind Bank
607087
29
State Bank of Bikaner & Jaipur
606987
30
Corporation Bank
607184
31
HDFC Bank Ltd
607152
32
Indusind Bank
607189
33
Thane Janatha Sahakari Bk
607130
34
ING Vysya Bank
607222
35
Tripura Gramin Bank
607065
36
South Malabar Gramin bank
607388
37
Pragathi Gramin Bank
607389
38
Shreyas Gramin Bank
607390
39
Punjab & Maharashtra Bank Ltd
607057

1 comment:

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