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Monday, March 3, 2014

How to Send Money to Bank Account from Airtel Money

There is happy news for all who can do everything with your smart phone or mobile. Now, you can send money to other's bank account from Airtel money within few minutes. You can transfer money to any bank account with airtel money even there is the bank holiday. So, you should learn its simple steps.

Real business of airtel is to provide mobile services. You can call or receive call on your airtel number. But now, it started M-Commerce services. As per its M-Commerce, you can send money to any bank account and pay different bills of your expenses.

Steps of Sending Money to Bank Account from Airtel Money 


1st Step : Open Airtel Money Account 

You have to register yourself with airtel money account. Just go to near branch of airtel or register online and you have to keep balance of fund in your airtel money account.


2nd Step : Fill the detail of Other's Bank Account

After login your airtel money account through mobile or pc by going to airtel company's website, you have to fill the detail of the party's bank account. This will be the party who get your airtel money through his bank account. You have to mention party's bank account, IFC code  and Bank Code. Still airtel can send money to only some banks which it has mention in its list.

3rd Step : Specify the Amount and Confirm with Your mPin

Now, you have to write the money which you have to send. Confirm it with your mPin. Now, within few minutes, your airtel money will reach party or your customer's bank account.



When party receive the payment, party's online bank account shows new credited amount. See following screenshot of my bank account in which I have received money from airtel money.




Airtel company transfer through NEFT on your behalf. For this, airtel  will deduct some charges from the party who will send money through airtel money. Following are its rates :

Slab wise pricing* 

{Payment --------- Charges}

0-50 : Free 
51-1000 : Rs15 
1001 – 3000 : Rs35 
3001 – 5000 : Rs50 

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