Banking on mobile bank

  • | Thursday | 12th July, 2018

Though the mobile bank used to have a large number of dedicated users, today, there are multiple delivery channels available to them. In this age of ATMs, payment gateways and Internet banking, a ‘mobile bank’ on wheels might sound anachronistic. “It’ll be a great loss for people like me if the mobile bank comes to a halt. “The only challenge, probably, was being on the dot at each service point,” he says. This service is, in fact, free of charge”, says R. Mukundan, a senior accountant who is part of the bank staff posted with the mobile bank.

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