State wise List of Shikshak Sahakari Bank Limited IFSC code, MICR code and addresses of all branches in India.
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Shikshak Sahakari Bank Limited 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 Shikshak Sahakari Bank Limited. 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 Shikshak Sahakari Bank Limited :
|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 Shikshak Sahakari Bank Limited :
|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 Shikshak Sahakari Bank Limited:
|All days except Sundays, 2nd and 4th Saturdays||8:00 AM to 6:30 PM|
Established in the year 1979, the Shikshak Sahakari Bank Ltd. aimed to help teachers to meet their financial needs. Consequently, it was awarded the Scheduled Status on May 22, 1999. It is the first bank to get this status within twenty years of its inception. In the year 2001, the bank was in 19th position amongst the other banks with regard to deposits while maintaining its top position among the banks of Vidarbha. Presently, the bank has 19 branches functioning in Nagpur and Chandrapur districts wherein the area of operation includes Nagpur, Chandrapur, Wardha, Yavatmal, Bhandara and Gadchiroli districts.