Reliance Launches ‘Mobile Banking’ Services with SBI

Reliance Communications (RCOM) today launched ‘Mobile Banking Services’, its new VAS service in association with State Bank of India (SBI).

Reliance Consumers (GSM) can use facilities like Balance Inquiry, Mini Statement, Fund transfer, Checkbook issuance, Prepaid Mobile Recharge and Postpaid Bill payment at any time and place through the use of their cell phones.

Reliance GSM Subscribers will not require any special mobile application or GPRS to use the service, but they should have an active current/ savings account with SBI.

The customers will have to register for the services with SBI. The user has to dial *595# to view simple menu choices and key-in your choice. Customers will be able to view account balance, get mini statements, do Fund Transfer, change MPIN or recharge their mobile account. He will also receive confirmation regarding successful transaction over SMS.

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  • Amit May 11, 2011 9:13 pm

    First Register Your Mobile
    By Sending SMS “MBSREG APP” to 567676
    You will get a User ID and Password
    and then register your same Mobile to your Account through ATM.
    Now use the service dial *595# and follow the instruction

  • ved April 25, 2011 9:14 pm

    it is free…….

  • Raghu April 20, 2011 11:33 pm

    @Sanjay Bafna
    is this free?

  • Garg Vishal April 20, 2011 8:27 pm

    reliance is highly biased

  • Bijendra April 20, 2011 5:57 pm

    Is this is free…or cost how much..???

  • Sanjay Bafna April 20, 2011 5:46 pm

    Garg Vishal :

    wt abt cdma customers
    hw they ll dial *595#

    As of now its for GSM subscribers only

  • Garg Vishal April 20, 2011 5:28 pm

    wt abt cdma customers
    hw they ll dial *595#

  • bhavin April 20, 2011 5:22 pm

    wow.. what the cost/price if any?? or is it free?
    other providers.. wake up.. SBI has max customers in india

    • Nishanth April 30, 2014 1:38 pm

      This is not good to public sector is moving to the private sector field. Especially reliance has very bad track record