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About Us :

The PMC bank has commenced its operations on 13th February, 1984 with an aim to provide banking services that gives the customer utmost ease and convenience. Within a short span of just 16 years, it has achieved SCHEDULED STATUS on 29/01/2000 and is the YOUNGEST CO-OPERATIVE BANK to achieve the status.

Our Services
8 to 8 Banking

PMCB works from 8:00 am to 8:00 pm rendering uninterrupted service. The bank also works on Sundays and public holidays for facilitating banking services to service class.

Any branch banking


Core Banking Solution (CBS) has facilitated any branch banking to the customers. PMCB also provides token less Banking for convenience at no additional cost.

Safe and quick mode of remittance


A step towards E- Banking PMCB provides RTGS/NEFT facility for immediate fund transfer anywhere in the country for marginal charges.

E- Payment of taxes
The Bank provides the service to the customers to pay their taxes through e- payment. Advance Tax, Self Assessment Tax, Taxes on Regular Assessment, Tax Deducted at Source, Wealth Tax/Securities Transaction Tax, Hotel Receipts Tax/Interest Tax/Estate Duty, Expenditure to other Tax/Gift Tax, Fringe benefit Tax, Centralised Service Tax (CST),Value Added Tax (VAT),Service Tax, Central Excise Duty.

Visa debit card


PMCB provides the customers International Debit Card having access to the benefits privileges and extensive reach of the global VISA network.This card will also be used at VISA enabled ATMs.

SMS Banking/ Mobile banking


Customers who have registered for SMS Banking can get instant information of their accounts activities any new schemes, products launched by the bank. PMCB facilitates

transaction through mobiles.

Internet banking
Internet Banking will facilitate the Customers to View The Account, Download The Statement and Cheque Book request.

ATM Network
Being member of BANCS, NFS, VISA Networks enables the customers to access innumberable ATM globally, wherein they can withdraw money.

Life/Non life insurance products & mutual funds


Bank is working as "Corporate Agent" under IRDA guidelines in both life and non-life sector. Bank is a Corporate Agent of Max Life Insurance Company Ltd. for Life Insurance Products.

It also gives advice on investment in Mutual Funds.

Locker facility
PMCB provides locker facility to all its customers. Operation of lockers is available throughout the Banking hours.

Telebanking Services/ Self service KIOSK


The Tele-banking and self service kiosk facilitates the customers to get information about their accounts at home/office and at branch independently.

Franking facility
PMC bank offers Franking facility at Andheri,Bhandup station Road and Sion Branch.

Special facilities
1. Charitable Institutions & Senior Citizens are given 100% discount on the charges of preparing Pay-order. Students preparing Pay-Order in the name of an Institution or University conducting their exams are given 100% discount on the charges for Pay-Order amount not exceeding Rs.500/-. Customers having an account with our bank for a minimum period of 12 months, are given 50% discount on the existing charges of preparing pay orders.

2.

Bank rate 8.25% Repo rate 7.25% Reverse repo 6.25% CRR 4% SLR 23%

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