Press Release: Reliance communications on Wednesday said it has launched mobile banking services for its GSM subscribers in collaboration with the State Bank of India(SBI).

"Reliance consumers can use facilities like balance enquiry, mini statement, fund transfer, cheque book issuance, mobile recharge and bill payment at any time and place through the use of their cell phones," the company said in a statement.

The customers will not require any special mobile application or GPRS to use the service but they should have an account with SBI, it added.

The customers will also have to register for the services with the bank and will thereafter get messages for successful transaction.

The users will have to dial *595# to view simple menu choices and key in their choice.

Newsletter

Hello World.

NextBigWhat brings you well curated wisdom, news and actionable insights.

In a world where algorithms are deciding what you read (and learn), we bring a holistic view on product and growth – curated by the experts, enabling you to learn from the knowledgable sources and save time in discovering them.