In India the number of mobile increasing day by day as a result it is becoming most basic requirement of the human being. The State Bank of India (SBI) country’s largest lender has come up with a plan of making your mobile number as your saving account number. This Mobile Saving Account can be used for all kinds of banking services. A private company offering economic help in association with SBI has started a branch free Mobile Banking service called Indian State Bank Mini Saving Account.
The Head officer of this private company Abhishek Sinha told that his company is National Business Correspondent of State Bank. His company is offering banking services to those people who do not want to avail banking services because they do not want to be involved in any type of documentation problems.
This service can be used on a simple mobile and is easy to handle. No fee is to be paid to mobile company to avail this service. Abhishek Sinha told that his company will be appointing the people like shopkeeper, medical stores, and mobile recharge coupon sellers, etc., who will be looking after the whole transactions. Around 55,000 of accounts have already been opened in the state of Delhi, Bihar, Jharkhand and NCR and it is planning to make this number to 1 lakh till the end of this year.
Special features of this service are:
* Only a rupee is required to use this account.
* There is no minimum amount limit in the account.
* A minimum of Rs 10 can also be deposited in the saving account.
* Also there is no with drawl limit, Rs 10 can be withdrawn.
* Shopkeeper’s payment can also be done by using this service.
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