Bandhan Bank Corporate Net Banking: Setup and Features
Bandhan Bank Corporate Net Banking: Setup and Features
Bandhan Bank’s corporate net banking platform allows businesses to manage their current accounts, make bulk payments, process payroll, and authorize transactions online with multi-level security controls. Registration requires a visit or formal application by the authorized signatories of the business.
Who Can Use Corporate Net Banking
- Businesses with current accounts at Bandhan Bank.
- Firms, companies, partnerships, trusts, and NGOs.
- Self-employed professionals with business accounts.
How to Register for Corporate Net Banking
- Visit your nearest Bandhan Bank branch.
- Submit a corporate net banking application form.
- Provide business documents: GST certificate, board resolution or authorization letter, ID proofs of authorized signatories.
- The bank sets up the account and provides login credentials to the admin user.
- The admin can then create sub-users with specific roles and permissions.
Key Features of Bandhan Bank Corporate Net Banking
- Bulk payments: Upload files for salary disbursements, vendor payments, and NACH mandates.
- Multi-user access: Assign maker, checker, and approver roles for transaction control.
- NEFT, RTGS, and IMPS: Initiate high-value and bulk transfers.
- Account statements: Download statements for all linked accounts.
- Tax payments: Pay direct and indirect taxes online.
- Trade finance: Access to LC, BG, and trade document features depending on account type.
Security Controls
- OTP-based two-factor authentication for every login.
- Transaction limits per user role.
- IP whitelisting option for added security.
- Audit trail for all activities.
FAQ
Can I add multiple users to Bandhan Bank corporate net banking?
Yes. The admin user can create sub-users and assign roles such as maker (initiates transactions), checker (reviews), and approver (authorizes). This separation of duties improves internal control.
What documents are needed to register for Bandhan Bank corporate net banking?
Typically required: corporate account application, board resolution or authorization letter, KYC documents of authorized signatories, and business registration proof. The exact list depends on entity type.
Is Bandhan Bank corporate net banking available 24×7?
Yes. You can log in and initiate transactions at any time. NEFT and RTGS operate per their respective availability windows, while IMPS is instant and always available.
Key Takeaways
- Corporate net banking is available for all Bandhan Bank business account holders.
- Registration requires a branch visit with business KYC documents.
- Multi-user maker-checker workflow for transaction security.
- Supports bulk payments, payroll, NEFT, RTGS, and IMPS.
- OTP-based login and IP whitelisting for enhanced security.
