Financial Daily from THE HINDU group of publications
Tuesday, Mar 08, 2005
Financial Daily from THE HINDU group of publications Tuesday, Mar 08, 2005 |
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E-Commerce & E-Business Money & Banking - Small Savings Now, online investments for postal schemes Our Bureau
Coimbatore , March 7 ICICIdirect.com, the online share trading platform belonging to the ICICI Bank group, has made online investments in postal saving schemes possible to its customers. Initially, two products — National Savings Certificate and Kisan Vikas Patra will be available for online investment through ICICIdirect.com. The advantages of online investments are that there will be no paper work involved and the units of investments will be directly credited to the demat account of the investors. Since, no physical certificates will be issued, the investors are spared of the bother of keeping the certificates safely and on maturity the investment value will directly be credited to the investors' bank accounts.
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