Online share trading service company ICICIdirect has
launched the Government of India 6.5-per cent tax-free
Savings Bonds 2003 online on its website.
service, available at www.icicidirect.com,
claims it has 2,40,000 customers. They can now apply for
these government bonds
without the need for filling up any application form,
a company news release said. "The transaction is
automated while the proceeds are debited from the account
of the customer."