List of eligible Bank for ITR refund

Is the "Shivalik Mercantile coop .Bank Ltd

eligible for ITR refund ..


Because Refund order is passed ...But still showing In progress and not eligible for refund ..

Thank u
Replies (3)
Quick Summary
This discussion clarifies that all bank accounts are generally eligible for Income Tax Return (ITR) refunds, provided they are validated. If your refund is showing as 'in progress' or 'not eligible', it may be due to a validation issue or a recent IFSC code change. Revalidating your account with the correct IFSC code can resolve this. While refunds can sometimes take time, they are usually received with interest.

AA ll bank accounts are eligible for refund. it's just a matter of validation. If your bank account is validated, then it is eligible for refund. Refund takes time sometimes. Even if it takes time you will recieve the refund with interest
Few banks IFSC code changed.

Revalidate using new IFSC . It will happen.

All nationalised banks are eligible
List of eligible bank for itr
sbi. pnb, icici, hdfc and others.

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