Customers of Garima Development Bank can now self-verify their bank account in Connect IPS
Customers of Garima Development Bank can now self-verify online by linking their bank account to Connect IPS.
With this facility, the bank’s customers no longer have to go to the bank’s branch to verify the account linked to Connect IPS.
The entire process can be completed online and transactions can be done. At present, the use of Connect IPS for fund transfer and other payments through various alternative channels of the bank is also increasing.
For self-verified accounts online, the bank has provided a transaction limit of Rs 1 lakh per day and up to Rs 1 lakh per month, while for the full transaction limit in Connect IPS, the customer has to verify once by paying through the bank.
The facility of online self-verification is currently available in more than 15 commercial banks, six development banks and one finance company, while other banks and financial institutions are also taking necessary initiatives, the bank said.
Here’s how to do self-verification by linking a bank account
Login to your Connect IPS account first. Then link the account by filling in the required details in the Link Account option in Connect IPS.
Then click on Self Verify Account in the account linked within the Manage Account and enter the OTP code received in the registered mobile number.
After doing so, complete the process by entering the two amounts deposited in the account you are trying to link online. Transactions can now be easily made from the mobile app and web through the linked account.
For the online self-verification process, the mobile number registered by the customer in Connect IPS and the mobile number in the bank should be the same.