A Step-by-Step Guide to Protecting Yourself from Logistics Fraud.
In the Indian logistics industry, many companies falsely claim to be "IBA Approved" to attract bank employees and corporate clients. Using a non-approved company can lead to the rejection of your shifting allowance claim and, in worse cases, the loss or damage of your goods without any recourse. At Mamta Roadlines, we believe in empowering our clients with the right information.
Follow these steps to ensure the company you are hiring is genuinely recommended by the Indian Banks' Association:
We take pride in our long-standing association with the IBA. Our details are always up-to-date on the official list, and we encourage all our clients to verify our status before booking.
While you can call the IBA office, the most reliable and fastest way is to check the official list on their website.
If they are not on the list, they are not IBA approved. Do not accept excuses like "it's being updated" if they cannot provide a valid code.
Yes, if you are a bank employee claiming local shifting allowance, the company must still be IBA approved.
No, the IBA list is a recommendation list for banks. A company also needs other licenses like GST registration and trade license to operate.
You should check the list at the time of booking to ensure the company's recommendation is currently valid.
Yes, if a company fails to meet the IBA's standards or ethical guidelines, they can be removed from the recommended list.