Laxmi Bank Mobile Banking primarily offers two major services through the mobile phone. These are transfer of funds to peer accounts and bill payment. Link to external site : Website for Laxmi Bank Mobile Banking |  |
| Brand | |
| Launched in | |
| Status |
Active Register/Log In |
| Launch |
2009 Oct Register/Log In |
| Importance |
Medium Register/Log In |
| Traction |
Medium Upgrade to Bronze |
| Evaluation | |
| Account Type |
Bank Account Register/Log In |
| Business Model | |
| Class |
| Send | Services | Receive | ||||
|---|---|---|---|---|---|---|
 Mobile |
 Account  Card  Cash  Wallet |
 |
 AT  DMT  MB  MP |
|
Account Card Cash Wallet |
Mobile |
| Model |
bank based Upgrade to Bronze |
| Who Leads? |
bank led Upgrade to Bronze |
| Reach |
National Upgrade to Bronze |
| Active Users |
-- NA -- Upgrade to Bronze |
| Registered Users |
-- NA -- Upgrade to Bronze |
| Potential Mobile Market (m) |
13.397 Upgrade to Bronze |
| Regulations |
| Persona | |
| Purpose | |
| Active Services | |
| Card Type |
None Register/Log In |
| ServicesDescription |
The service is popular for prepaid recharge as there is no surcharge to pay, unlike recharge cards. In case of funds transfer, the person you are making payments to, primarily must hold an account with Laxmi Bank. You can designate up to 10 account numbers and 10 bill payment numbers as beneficiaries while you signed up for the service. SMS fund transfe Upgrade to Bronze |
| Channels | |
| Payment Instruments | |
| Cash I/O Description | |
| Cash I/O No Of Locations | |
| Handsets | |
| Technologies |
SMS funds transfer Register/Log In |
| Interoperability |
Single Bank. Both sender and receiver must be banked with Laxmi Bank. Register/Log In |
| RegistrationProcess |
The service is available to bank account holders with cell phones. Register/Log In |
| Main Segment | Banked |
| Segment Description |