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Monday, November 24, 2014

UCO Bank to add 50 e-lobbies by March next

Kolkata-headquartered UCO Bank is looking to add 50 e-lobbies to its existing five, by March 2015. The e-lobbies will enable users to withdraw cash, deposit cash or cheque and print passbooks.

Additionally, 500 self-service passbook printers have been purchased and are getting deployed in the branches, the banks said in a press release.

This apart, the bank is looking to expand its ATM network and is also mulling the possibility of having “ATMs through the wall”. It currently has 2160 ATMs.

Plans are also afoot to announce a reward points scheme for debit card users. The idea is to promote cashless transactions.

UCO Bank is also examining the option of acquiring POS machines at merchant sites.

According to the release, one of the most popular services has been the missed call facility. Customers can call on the number - 092787 92787 – that provides for balance enquiry across various accounts like current or savings bank accounts.

A missed call on 09213125125 provides customers with a mini-statement with last balance facilities on the accounts.

Missed call on 09210422122 & 09210222122 enables users to obtain the bank’s car loan and home loan schemes.

This apart, the bank has also introduced online savings bank and current account opening facility with provision to upload KYC documents. Thereafter, bank representative will contact the applicant and complete the residual formalities.

Source : Thehindubusinessline


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