BSNL is going to launch Mobile Banking services on USSD (*99#) | MobileTalkNews

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BSNL in partnership with National Payment Corporation of India (NPCI) going to launch Mobile Banking services on USSD (*99#) on every mobile...

BSNL is going to launch M-Banking services on USSD (*99#) | MobileTalkNews
BSNL in partnership with National Payment Corporation of India (NPCI) going to launch Mobile Banking services on USSD (*99#) on every mobile. Still the users don't have GPRS based handsets can go with this services.


Recently we updated on Indian Telecom going to come with Mobile Banking services. Right now currently services is not available to CDMA customers and GSM customer can dial *99# to know about the services. As per latest RBI guidelines, customers are allowed to transact up to Rs 5000 on daily basis.

Right now there is no official declaration about the charges, hoping it will get announce soon, with this service BSNL customers can enjoy these features.
  • Cash deposit.
  • Cash withdrawal
  • View account services (balance enquiry and mini statement – last 5 transactions)
  • Transfer of funds from a Mobile linked bank account as per RBI’s guidelines for mobile banking and through an appropriate RBI-approved settlement system.
  • Administrative transactions (For e.g. register mobile, request MMID, EBT mapper status, change pin, generate OTP)
NPCI provides mobile banking services to banks through its common application platform National Unified USSD Platform (NUUP) for aggregation of mobile banking transactions. NUUP connects Banks and Telecom Service Provider (TSPs), through which an interested Banks can provide’ mobile banking services on USSD, to their customers within any mobile operator’s network. NPCI acts as an aggregation platform provider for bringing the Banks and TSPs together for the provisioning of Mobile Banking Services as specifically described in the TRAI directions and regulations.

What you say about Mobile Banking services, share your views :)

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Mobile Telco: BSNL is going to launch Mobile Banking services on USSD (*99#) | MobileTalkNews
BSNL is going to launch Mobile Banking services on USSD (*99#) | MobileTalkNews
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