What is Transaction Password in Indian Bank?

what is Transaction Password in Indian Bank

Ensuring the safety of your account and customers’ rights is of utmost importance for Indian Bank. When you are doing transactions through the net banking facility, you have to set up a transaction password. What is this password? And why do you need one with the primary password? This article will clear up all your doubts and explain the procedure.

What is Transaction Password in Indian Bank?

A transaction password in Indian Bank, in simple terms, is another layer of security to authenticate your IMPS/NEFT transactions. A transaction password in Indian Bank is used to ensure that your account is extra secure from any attempts by hackers etc.  

How to get a Transaction Password in Indian Bank?

Steps to get transaction password in Indian Bank:

Step 1: Register yourself for the net banking facility and set your credentials.

Step 2: Go onto the Indian Bank’s website and click on the ‘Personal Banking’ option.

Step 3: Log in to the website by filling in the user id and password.

Step 4: You will be asked to create a Transaction password and fill in the info.

Step 5: You are now done and enjoy Indian bank services.

Also Read: Is Indian Bank Private or Government?

How to Reset Transaction Passwords in Indian Bank?

Steps to reset transaction password in Indian Bank:

Step 1: Go to the Indian Bank website and log in.

Step 2: Click on Options and go onto the user profile menu. Select Forgot Transaction Password.

Step 3: Fill in your registered mobile number and select the ATM card option.

Step 4: Fill in the 16 digit number on the front of your Debit card number.

Step 5: Look at the back of your debit card and Enter the expiry date.

Step 6: Enter your ATM Pin and click submit.

Step 7: You will get One Time Password(OTP) on your registered mobile number in the form of SMS.

Step 8: Enter the OTP pin and click submit.

Step 9: Type in your new Transaction Password and retype it in.

Step 10: Click submits, and you’ve now successfully changed your Transaction Password.

Note: You can also change your Transaction password through the secret question option. 

How to Change Transaction Password in Indian Bank?

Steps to change transaction password in Indian Bank:

Step 1: Log into the Indian Bank website and click on the options menu.

Step 2: Click on the options menu and select change Indian Bank transaction Password.

Step 3: Enter your current Transaction Password and then enter the new one.

Step 4: Hit Submit

Recommended: How to Activate Indian Bank ATM Card?

How to Lock/Unlock Transaction Password in Indian Bank?

Steps to lock/unlock transaction password in Indian Bank:

If, by any reason, you have made too many wrong tries and ended up locking the transaction password

Or 

Your transaction password has fallen into wrong, and you want to lock down the account.

Do not worry, as you can easily lock/unlock the account with these few easy steps.

Step 1: Log into your Indian Bank account.

Step 2: Go to the options menu and click on “Lock/Unlock Transaction Password.”

Step 3: You can now lock and unlock your Transaction as well as Mobile Banking Transaction Password(MTPIN).

In many ways, Transaction Password is the bedrock of trust and security in the banking industry. Indian Bank ensures that bad people are kept at bay, and you can sleep peacefully at night. 

All the gates are double locked.

Recommended:

South Indian Bank Balance Check Number

What are Bulk Charges in Indian Bank?

How to Change Mobile Number in Indian Bank?