IDBI Bank, a new generation PSU Bank, today launched its Mobile Banking Application (App). The new application, with the branding ''IDBI Bank Go Mobile'', is available on the android platform and can be downloaded from the Google Play Store.

The Mobile Banking App greatly enhances the customer's banking experience through a simple and user-friendly interface and also provides a range of services like funds transfer, bill payment, mobile / DTH recharge, instant funds remittance through IMPS and an account view across savings, current account, fixed / recurring deposits, loans and demat etc.

True to its agenda of empowering customer and extending uninterrupted service, this application is a step towards strengthening the bank's digital platform and offering the best services. IDBI Bank's customers now have the flexibility to select and access their account across any or all the mobile banking channels namely SMS, USSD, Browser and Mobile App simultaneously.

M. S. Raghavan, CMD, IDBI Bank said, ''IDBI Bank believes in reinventing its services to ensure ease of access for the customers. The new app will help us stay connected with our customers 24X7, thus giving an opportunity to cater to their needs immediately and saving them the time and effort to visit the bank branch. Smartphones are becoming a way of life and through this application our customers can attend to their banking needs from anywhere.''

Shares of the bank declined Rs 0.1, or 0.13%, to trade at Rs 74.05. The total volume of shares traded was 203,688 at the BSE (1.42 p.m., Wednesday).