State Bank of Mysore has introduced mobile banking and internet banking services. It has found an alternate delivery channel for the customers’ banking needs through this medium. This service provides simple, convenient, secure, anytime and anywhere banking on mobile phones using SMS/GPRS/WAP.
The bank is offering these services to all customers having an operative current/savings account. Customers will have to register for the service at any of the State Bank ATM or at the branch. These service has some unique features like, daily transaction limits for fund transfer to any bank account, utility bill/merchant payment. Mobile top-up will be Rs 50,000/customer with an overall limit of Rs 2.50 lakh/calendar month.
