mApply enables the bank's customers and mortgage brokers to view pre-approved loan offers from the bank, select the best offer and submit a paperless loan application within minutes, the company said in a release.
With more and more Australians less likely to visit a bank branch in the future, providing access to loan services over mobile has become a priority, the release added.
The stock opened at Rs 205 and touched a high of Rs 208. At 12:25pm, over 22,000 shares were traded on both the stock exchanges.