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The country’s largest lender State Bank of India (SBI), in partnership with Bharat Sanchar Nigam Limited (BSNL), Saturday launched its mobile wallet application ‘State Bank MobiCash’ for feature as well as smartphones.
The new wallet services will initially be available in Punjab, Rajasthan, Haryana and Bihar and expanded pan-India by the end of December. MobiCash will allow users to deposit cash through BSNL retail outlets and withdraw funds from their account.
SBI already has an application named SBI Buddy for smartphone users. With the large network of BSNL and SBI, this wallet will reach the remotest areas of the country, in line with the government’s digitisation mission, said Finance Minister Arun Jaitley who launched the wallet. быстрый займ без отказа на картузайм по смс на картузайм под 0 процентов на карту