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Transfer cash via Instant Money Transfer

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

About this Service

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)

IMT through Internet Banking and ATM

Charges

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