Karnataka Bank Launches 'KBL Mobile'
Karnataka Bank
Ltd launched technology based product - KBL Mobile on Tuesday. The Bank
also launched its caller tune on this occasion.Mobile banking
transactions are those where customers undertake banking transactions by
using pre-registered mobile phones with the Bank. P Jayarama Bhat,
managing director and chief executive officer of Karnataka Bank launched
this new service.
The bank has set transaction limits based on risk perceptions and
fixed the level of Rs 50,000 per day inclusive of all transactions using
high end mobile sets enabled with GPRS/J2ME (encrypted end to end
handsets). However, for other mobile handsets, under SMS mobile banking
(unencrypted format) the limit is fixed at Rs 5000 per day inclusive of
all types of transactions. Safety and convenience is the highlight of
KBL-Mobile.
Caller Tune: Today the bank has launched a melodious
caller tune. This is a part of a new initiative in the branding exercise
of the bank. The bank has adopted this signature tune so that the
customers and other stakeholders across the country may be ensured a
pleasant experience while making calls.
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