IDBI Bank has
successfully launched ‘Online PPF Subscription Facility’ for its customers in
the month of February, 2013. The bank had earlier got permission from
Government of India for operationalising PPF transactions through Internet
banking. The newly introduced facility would be highly convenient and user
friendly to the customers which inter alia aims at fulfilling Government of
India’s initiative of electronic transactions in Banking Services as well as
providing a good platform in mobilizing funds through its Small Savings Schemes.
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