RBL Bank launches digital product - Insta Redemption Solution

Capital Market 

Exclusively for LIC MF customers

RBL launched its product Insta Redemption Solution exclusively for LIC Mutual Fund, at the Head Quarters in Mumbai. RBL under the API Banking umbrella has created a unique Solution, whereby the Retail Clients of any Liquid Scheme of a mutual fund can redeem their units (as per statutory guidelines) online, 24/7. The receipt of funds is instant (through RTGS/NEFT/IMPS) and not limited by banking hours.

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First Published: Fri, September 08 2017. 18:15 IST