DOORSTEP BANKING

doorstep banking (image credit : google)

What is Doorstep Banking?

Under the scheme, banks were permitted to offer doorstep services such as pick up of cash/instruments, delivery of cash against cheques received at the counter and delivery of demand drafts to corporates/Government departments/ PSUS and pick up of cash/ instruments and delivery of demand drafts to individual customers. In May 2007, banks were also permitted to offer delivery of cash to individuals. Further, the delivery of cash/draft to individuals/ corporates/Government departments/ PSUs was permitted against requests received through any secured convenient channels, subject to the banks adopting technology and security standards and procedures laid down by the Reserve Bank.

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