How to check IBA approved transporter ?

Hey, 

I will share the answer to ‘how to check IBA approved transporter’ in the section below. First, you need to know the meaning of IBA. It is a premier service organisation that was formed by Indian banks and financial institutions in Mumbai. It was formed in 1946 with twenty-two members. 

Under the scheme, the banks have an IBA approved transporter list that includes logistics companies as well. This allows the borrowers to take a loan against documentary bills that have been supplemented by the Lorry Receipts in the Special Form.

How to check IBA approved transporter?

All the banks that fall under the scheme and satisfy the criteria can be found online. There is an official website of IBA that holds records and lists of such data. You can find IBA approved packers and movers in Chennai from the link itself. 

You can also use the search option from the search link. Just input details like transporter name, code, city, etc. Then hit enter. If the company is approved, the details will be displayed on the screen.

Knowing an IBA-approved company is moving the belongings gives assurance that you are getting legitimate relocation services.

I hope your doubts about how to check IBA approved transporter have been cleared.

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You can learn the process to check IBA approved transporters through a simple method. You can visit the IBA website and go to the recommended transport operators list to check. I have shared the stepwise guide for you to easily understand the process below. But before we get to the process, I would like to explain the meaning behind an IBA approved transporter with you.

What is IBA Approved Transporter? 

IBA stands for the Indian Banks Association. This association has set a standard for all the logistics companies in India about the safety of the citizens. So, an IBA approved transporter simply means that the particular logistics company has been verified and approved by the IBA. The IBA issues these companies a license once they are approved.

How to Check an IBA-Approved Transporter?

1. Visit the

   IBA website

   .

2. On your screen, you will see the option 'Search for Transport Operator’.

3. Under this, fill in the transport operator name, operator code, state, recommendation valid till and the city. 

4. Then, click on ‘Go’.

This is how you can check for approval. I would like to finish on this note. I hope you now know the IBA approved transporter meaning. 

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