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Send cash stating only receiver's mobile number Withdraw cash without using a card

Transfer cash via Instant Money Transfer

  • About this Services

    Instant Money Transfer (IMT) is an innovative domestic service that allows you to send cash to a receiver. All you need to do is mention receiver's mobile number, amount to be sent and set Sender's code. Beneficiary can withdraw cash using a debit card, from any ATM of the banks empanelled. Beneficiary can even make a cardless withdrawal and need not have a bank account. Beneficiary receives all the details on his/her mobile phone, thus enabling a cardless withdrawal.

    The benefits of IMT are multi-fold. IMT can be used in any of these scenarios:

    • The receiver prefers cash
    • The receiver needs money instantly / emergency cash
    • The receiver doesn't have a bank account
    • When you don't know receiver's bank account details
    • The receiver is not within easy distance (to deliver cash/cheque physically)
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Progress with us Blog

How do I transfer money to another person who doesn’t have an Axis Bank account?

Lavanya was travelling out of the country on work....

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