The A.P. Mahesh Co-operative Urban Bank live on IMPS using Account No and IFS Code on 24th August, 2012

The A.P. Mahesh Co-operative Urban Bank Ltd., with its H.O being: ISO 9001:2008 Certified now offers to its customers the IMPS product i.e IMPS using Account No and IFS Code.

            This new facility was rolled out to its customers on 24/08/2012. Readers will remember that Mahesh Bank had gone live on IMPS in Mar 2012. Within a short span of 6 months, it has adopted another Safe ePayments mode.

            In another customer retention activity or CSR, Mahesh Bank has announced a free computer awareness program. The awareness program will be conducted at the Bank’s Staff Training College, Near Muslimjung Bridge, Begum Bazar, Hyderabad.

            Yes, Hyderabad residents can be the participants of this free course. Go ahead, join it. The syllabus is Basics of computers, MS-word, MS-Excel, MS Access, Internet Browsing

           

Re-disseminated by Prashant N. Banker by daytime-Blogger by night

National Financial Switch(NFS) gets a new member - The A P Mahesh Co-operative Urban Bank Ltd., Hyderabad.

The A P Mahesh Co-operative Urban Bank Ltd., popularly known as 'Mahesh Bank', has joined NPCI’s National Financial Switch (NFS) network on 30 th December 2011.

The bank has a network of 36 branches, 28 in the twin cities of Hyderabad and Secunderabad and one each at Khammam, Vijayawada, Guntur, Rajahmundry, Visakhapatnam, Warangal in Andhra Pradesh., Jaipur in Rajasthan and Mumbai in Maharashtra.

Mahesh Bank's customers can now access their bank accounts through 86,000+ ATMs of 63 other banks which are already in the NFS network.

Mahesh Bank commenced operations in 1977, and its customers base is basically traders. Towards this end, it has also opened branches in Jaipur and Mumbai, both major trading centres.

Mahesh Bank started its life as Primary Co-operative Society on 30th June, 1977.

In 1996, the Bank was accorded SCHEDULED STATUS by Reserve Bank of India from 26th October, 1996 - the first Co-operative Bank to be accorded this status in the entire South India.

In 2001, the Bank got itself registered as a Multi-State Co-operative Bank under the Multi-State Co-operative Societies Act, 1984 with effect from 30.05.2001 - again the first Co-operative Bank in South India.

As Mahesh Bank is on an expansion spree, with RBI permitting the bank to extend its area of operation to the entire States of Maharashtra, Rajasthan and Gujarat, the NFS route will enable it to attract more customers into its fold.