In the process of merging Allahabad Bank (Allahabad BanK) and Indian Bank (Indian Bank), the servers of both banks will remain closed for 72 hours. Indian Bank has given a link for the convenience of customers.
New Delhi. The central government has merged Allahabad Bank with Indian Bank. In this episode, the server upgrade of both banks will start from 9 am tonight (12.02.2021) and will run till 9 am on 15 February. In the process of merger, the servers of both banks will remain closed for 72 hours. It is expected that in such a time, its server merger will be completed. Account holders connected with banks will not be able to avail internet banking services from ATMs for the next three days.
Indian Bank has given a new URL,
Indian Bank has tweeted that Allahabad Bank’s customers can do net banking on the new link. The bank has also provided a new URL for the convenience of the customers. Click this link for internet banking. https://www.indianbank.net.in/jsp/startIBPreview.jsp.
At the same time, the bank has also issued a new link for mobile customers. 👇
https://play.google.com/store/apps/details?id=com.IndianBank.IndOASIS.
Dear e-AB Customers, Due to technical merger, Internet Banking shall be available at this new URL: https://t.co/f8KEHBpg4U w.e.f 14.02.2021 and for Mobile Banking Download on Android: https://t.co/ZEJ4SgAAx8 or iOS: https://t.co/unvhkkkmQw#IndianBank #TwiceAsGood #Announcement pic.twitter.com/RNlLhohmJb
— Indian Bank (@MyIndianBank) February 9, 2021
The government has said that the merger of banks will not affect the account holders, but their work will definitely increase. Due to this decision, ordinary customers may have to do many things. Let us know what will be the impact of the merger of banks on customers
This can affect the customers
>> Customers who will get new account numbers or IFSC codes, they will have to get new details updated in the Income Tax Department, Insurance companies, Mutual Funds, National Pension Scheme (NPS) etc.
>> For SIP or loan EMI, customers may have to fill a new instruction form.
>> New checkbook, debit card and credit card issue can happen.
>> There will be no change in interest on Fixed Deposit (FD) or Recurring Deposit (RD).
>> There will be no change in the interest rates on which vehicle loans, home loans, personal loans, etc. have been taken.
>> Some branches may be closed, so customers may have to move to new branches.
>>After the merger, the entity must clear all Electronic Clearing Service (ECS) instructions and post dated checks.
The shift to account holders will be done on Indian Bank’s servers.
It is noteworthy that other online services including Allahabad Bank’s Net Banking have stopped working now. Clients like fund transfer, check clearing are pending. Which will soon be shifted to the server of Indian Bank.
