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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.
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
Special facilities 1.25% CRR 4% SLR 23% . are given 50% discount on the existing charges of preparing pay orders. Customers having an account with our bank for a minimum period of 12 months. Internet banking Internet Banking will facilitate the Customers to View The Account. Bank is a Corporate Agent of Max Life Insurance Company Ltd. 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. It also gives advice on investment in Mutual Funds. Life/Non life insurance products & mutual funds Bank is working as "Corporate Agent" under IRDA guidelines in both life and non-life sector.25% Reverse repo 6. 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/-. Operation of lockers is available throughout the Banking hours. for Life Insurance Products.Bhandup station Road and Sion Branch. Locker facility PMCB provides locker facility to all its customers. Franking facility PMC bank offers Franking facility at Andheri. Download The Statement and Cheque Book request. Bank rate 8. NFS. VISA Networks enables the customers to access innumberable ATM globally. Charitable Institutions & Senior Citizens are given 100% discount on the charges of preparing Pay-order. 2. wherein they can withdraw money. ATM Network Being member of BANCS.25% Repo rate 7.transaction through mobiles.