Tips for use Mobile Banking
October 1, 2009
Now you can handle your bank account by your mobile. This is called Mobile Banking. Here is some tips and facts for use mobile banking.
(1) You can now use your mobile phone to daily transfer upto Rs. 5000 and make payment for purchase of goods/service upto Rs.10,000/-
(2) All banks which are licensed and regulated in India, have a physical presence in India and have implement core banking solution are permitted to offer mobile banking services through their branches/ Business Correspondents.
(3) Customers of bank/or holders of debit/credit cards can use these service.
(4) At present , mobile banking service are offered for domestic transactions.
(5) Customer complaints/ grievances arising out of mobile banking facility are covered under the Baking Ombudsman Scheme.
(6) Banks are required to tell you about risks, responsibility and liabilities while using mobile banking service.
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