Eligible Bank for ITR refund

This discussion clarifies whether Shivalik Mercantile Co-operative Bank Ltd is an eligible bank for receiving Income Tax Return (ITR) refunds. The consensus is yes, it is eligible. The advice given includes checking the bank's inclusion in the CBDT's list of eligible banks and revalidating the IFSC code, as some branch IFSCs may have changed, to ensure a smooth refund process. If issues arise, raising a grievance is also suggested.