Mobile Banking Important Facts | India Customer Care

You can now use your mobile phone to daily transfer upto Rs. 5000 and make payment for
purchase of goods/services upto Rs. 10,000
All banks which are licensed and regulated in India, have a physical presence in India and have
implemented core banking solutions are permitted to offer mobile banking services through their
branches Business Correspondents.
Customers of banks and/or holdersof debit/credit cards can use these services.
At present, mobile banking services are offered for domestic transactions.
Customer complaints/grievances arising out of mobile banking facility are covered under the
Banking Ombudsman Scheme
Banks are required to tell you about risks, responsibilities and liabilities white using mobile banking
services