1) Core Banking
Core Banking Solution (CBS) is networking of branches, which enables Customers to operate their accounts, and avail banking services from one branch to another branch of the Bank on CBS network, regardless of where he maintains his account. In CBS we offer transaction limit to Bank customer is 200000/- per day without any charges. The customer is no more the customer of a Branch. He becomes the Bank’s Customer.
2)ATM & Debit Card Facility
Our ATM and Debit Card facility is now available. Enjoy convenient access to your funds anytime, anywhere.
3)NEFT/RTGS/IMPS/UPI
*NEFT (National Electronic Funds Transfer)*: NEFT is a payment system facilitating one-to-one funds transfer. Unlike RTGS, NEFT settlements occur in batches, which may include transfers from various individuals.
*RTGS (Real Time Gross Settlement)*: RTGS enables real-time and gross settlement of funds transfers individually.
*IMPS (Immediate Payment Service)*: IMPS provides instant, 24/7 interbank electronic fund transfer through mobile phones.
*UPI (Unified Payments Interface)*: UPI allows easy, instant money transfer between bank accounts through mobile phones.
Enjoy the convenience of secure and fast transactions with our NEFT, RTGS, IMPS, and UPI facilities.
Condition for transfer :
- VASB shall not be liable for any incomplete information provided by the User while transferring funds through online NEFT/RTGS using .
- All payment instructions should be carefully checked by the remitter. As crediting the proceeds of the remittance is based on the beneficiary’s account number, the name of the other bank and its branch. VASB shall not be responsible if these particulars are not provide correctly by the remitter.
- Application / Message received after the business hours will be sent on the immediate next working day.
- VASB shall not be responsible for any delay in processing of the payment due to RBI RTGS system not being available / failure of internal Communication system at the recipient bank / branch / incorrect information provided by the remitter / Any incorrect credit accorded by the recipient bank / branch due to incorrect information provided by the remitter.
4) Demand Draft
A demand draft is a negotiable instrument similar to a bill of exchange. A bank issues a demand draft to a client (drawer), directing another bank (drawee) or one of its own branches to pay a certain sum to the specified party (payee).
A demand draft can also be compared to a cheque. However, demand drafts are difficult to countermand. Demand drafts can only be made payable to a specified party, also known as pay to order. But, cheques can also be made payable to the bearer. Demand drafts are orders of payment by a bank to another bank.
5) SMS Service
Registration and Activation of VAS SMS Facility
- Register for UUCB SMS Facility from Fill-up manually mandate form for Activate SMS On Your Account with your registered mobile number.
- In new activation we take Nominal Facility charge for 1Year and after one year we deduct Quarterly charges as per norms as under RBI.
6) Mobile Application
7) Loan Facility
8) Bill Collection
9) Locker Facility
10) CTS/ECS Clearing
11) Bank Guarantee