How to Transfer a Current Account from One Branch to Another Branch in Uttarakhand Gramin Bank
While opening an account with a bank, we try to open it in a branch which is nearby and is easily reachable. In case, you are relocating yourself and your family to a different place or city, you would definitely like to transfer your existing account to a branch which would be near to your new location.
Transferring an account to another branch is needed because many times we need to visit our branch personally and in today's busy life; it is very difficult to visit a branch which is very far from your location.
Reasons for Transfer of Account from One Branch to Another
- Relocating yourself to different area
- Shifting of your job
- Unsatisfactory Customer Service in Existing Branch
- Other personal or business purposes
When it comes to transfer the account from one branch to another, you would like to know how to transfer the bank account from one branch to another branch? It is very easy process which doesn't take more than 10 minutes of yours hence no need to worry about it.
How to Transfer Uttarakhand Gramin Bank Current Account from One Branch to Another Branch?
You need to follow these steps for the purpose of transfer of your current account from one branch to another branch:
(1) Choose a New Branch
Choose a new branch where you want to transfer your account. You should keep following points in mind while selecting the new branch,
- It should be nearby your home or office so that you can operate it easily
- It should also provide you digital banking facilities which is the need of the time.
- The banking staff should be helpful.
(2) Visit your Home Branch
You are first required to go to your branch personally where your existing account is. There you would give a request for account transfer.
(3) Submit a Request to Transfer your Current Account
You are now required to submit a written application for transferring your current account to another branch. You need to mention the name of the branch properly and with due care, where you want to transfer your existing account. Some banks also require the reason for such transfer.
You can even write a letter to the branch manager of your current branch requesting the transfer. You need to include the following details in your letter,
- Your account number
- The name of your current branch with branch code
- The name of the new branch with branch code
- The reason for the transfer
- Any instructions or requirements for the transfer
- Your contact information
(4) Submit KYC Documents
You have to submit KYC documents, in case your bank asks for them, which include copies of PAN Cad, Identity Proof and Address Proof.
Uttarakhand Gramin Bank Current Account KYC Documents Required
The banker will verify all the documents and if everything is complete, it will initiate for transferring your account to the new branch. It usually takes 3 to 6 days' time.
(5) Surrender your passbook and cheque book
Hand over your passbook, debit card and any unused cheque leaves to your existing branch.
(6) Wait for the transfer
The transfer process can take around 3 to 7 working days. Once the transfer is complete, you will receive a new account number (if changed), debit card, cheque book and passbook.
(7) Visit your New Branch
After getting the transfer confirmed from your old branch, you may visit to your new branch for confirmation purpose.
Fees Charged to Transfer uttarakhand gramin bank Current Account to Another Branch
uttarakhand gramin bank cannot charge any fees for the transfer of a current account to a different location. Hence, no charges need to be payable by the account holder for transfer of deposit account from one branch to another. Transfer uttarakhand gramin bank Current Account to Another Branch will be totally free of cost.
Time Required for Processing the Transfer
The time required for processing the transfer of a current account from one bank branch to another usually ranges from 3 to 7 working days. However, the exact duration can vary based on several factors such as,
- Bank's Internal Process: Banks have their own internal procedures and decide how quickly a transfer can be completed. It can be processed faster if the transfer request is submitted online and all the necessary documents have been submitted by the customer.
- Verification of Documents: The time taken for verifying the identity and address proof submitted during the transfer request can affect the duration. Banks need to check that all provided documents are correct before processing the transfer.
- Location of Branches: The geographical location of the original and destination branches can sometimes affect the transfer time particularly when the physical documentation needs to be transferred between branches.
- Method of Request: If the account transfer request is submitted online through the bank's internet banking services then it may be processed quicker than submitting a physical request at the branch.
Important Points regarding Transferring of Uttarakhand Gramin Bank Current Account
(1) Your account number, customer id and other details will remain the same even after transferring your account to another branch.
(2) Get your new address updated in bank's branch in the new branch, if your address is changed by submitting new address proof.