DBT / APBS / NACH Services

Shoranur Cooperative Urban Bank provides digital payment facilities to help customers receive government subsidies and make bulk electronic payments efficiently. These services are available once you open an account and link your Aadhaar with your account.

DBT

Direct Benefit Transfer ensures government subsidies are directly credited to your account. Schemes include LPG subsidy, pensions, MNREGA wages, scholarships, and more.

APBS

Aadhaar Payment Bridge System uses your Aadhaar number to transfer government benefits directly to your account, ensuring speed and transparency.

NACH

National Automated Clearing House supports bulk payments and recurring debits like salaries, pensions, loan EMIs, and insurance premiums efficiently and securely.

How to Avail These Services

Open a Savings/Current Account with Shoranur Cooperative Urban Bank.

Visit your home branch with your Aadhaar Card to link Aadhaar with your account.

Once Aadhaar is seeded, you are eligible for DBT/APBS benefits.

For NACH services, contact your branch to complete the required mandate forms.

Benefits to You

  • Direct and timely credit of government subsidies
  • Transparent transfers with reduced leakages
  • Faster processing of bulk payments
  • No need for physical cheques or manual procedures

Need Help? Contact your nearest branch or our customer care for more information on these services.