SMS Facility

SMS Facility

SMS banking is a form of mobile banking. It is a facility used by some banks or other financial institutions to send messages (also called notifications or alerts) to customers' mobile phones using SMS messaging, or a service provided by them which enables customers to perform some financial transactions using SMS.

1. The bank provides an SMS alert facility to its customers for
2. Cash receipt and payment transactions.
3. Fund transfer within the bank
4. Chequebook status
5. Account inactive reminder
6. Account opening message
7. UID registration
8. KYC update alert
9. Aadhaar subsidy credit notification