How to transfer money from Airtel wallet to bank account? - Mix Masala/Tech Info

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Saturday, 13 June 2020

How to transfer money from Airtel wallet to bank account?

Airtel Wallet  (Money), is the mobile wallet from the successful and popular telecom company Bharti Airtel, which allows you to use your smartphone as an electronic wallet to make send and receive payments.

How to transfer money from Airtel wallet to Bank account?

The airtel money application is  Originally launched in 2012, the app offers customers with an efficient alternative to cash transactions. In this article, we try to explain How to transfer money from Airtel wallet to bank account?

Airtel wallet gives the freedom to its user to send and received the money from Airtel wallet to bank account. Airtel wallet provides the services throughout 365 days 24x7, you can send and receive money anytime and anywhere. 

How to transfer money from Airtel wallet to bank account?

Follow the steps on how to transfer money from Airtel wallet to bank account:

  • Firstly installed the Airtel Money Application from Google play store or iPhone apps store. Once you download the application you need the airtel mobile number for the registration process.
How to transfer money from Airtel wallet to Bank account?

  • You can also register on the Airtel Money Account Online portal
  • For the registration process, you have to enter your Airtel mobile number then you have to select your proof of identity i.e. Aadhaar Card, PAN Card, Driving License, Voter ID Card, and passport. Just select one of them, then enter the number and tick mark on the declaration and click on the Next button.
How to transfer money from Airtel wallet to Bank account?

  • Once you are done with your Airtel registration procedure, you must download the application from the apps store. Airtel money is available on any smartphone platform.
  • Now simply just login/sign in the Airtel wallet with your Airtel money account details. (If you already registered on Airtel money you can simply sign in by using your mobile number.)
  • For new users, you need to add money in your Airtel wallet to load the money by click on Load Money Option from Airtel Wallet Application.
  • Enter the amount which you want to add to your Airtel wallet and in the next steps to complete the payment select the payment option from the list i.e. Net Banking, Visa/Master Card, Credit/Debit Card, etc.
  • After loading the money in your Airtel wallet you can see the loaded money in the current balance option. The credited amount in your wallet will be available for bank transfer after 48 hours.

Transfer money from Airtel wallet to Bank account:

To transfer money from Airtel wallet to your bank account select the option to send money there you can see two options Friends & People and Bank Account.  

Now to transfer the money from Airtel wallet to bank account you need to select the option Bank Account by click on it, now the Send to Bank option open where you need to enter the details.
  • Firstly enter the Account holder name and Bank name
How to transfer money from Airtel wallet to Bank account?

  • Enter the Bank Account Number
  • Re-enter the Bank Account Number
  • Enter the Beneficiary Phone number and click on the tick mark
How to transfer money from Airtel wallet to Bank account?

  • On the next tab, you will have to enter the amount whatever amount you want to send to the bank account and click on the tick mark.
How to transfer money from Airtel wallet to Bank account?

  • Then it fetches the convenience charges for sending the money to the bank account and the same will be displayed on the next page to proceed with the transfer you will have to tap on the Proceed option.
How to transfer money from Airtel wallet to Bank account?

  • Now to transfer the money from your Airtel wallet to bank account you need to enter your 4 digit mPIN which you created at the time of registration. Enter the mPIN and click on the tick mark button.
How to transfer money from Airtel wallet to Bank account?

That's all you are done with transferring Airtel Wallet money to a bank account.

Transfer airtel money to bank charges?

Amount (Rs.)Charge
<=50Rs. 2
51 – 1000Rs. 20
1001 – 2000Rs. 40
2001 – 3000Rs. 60
3001 – 4000Rs. 80
4001 – 5000Rs. 100

There are two types of Money Transfer available in Airtel Money one is IMPS and secondly, NEFT, some banks from the Airtel Money list don’t supports IMPS transfer so in that case the transfer will be initiated through NEFT in Airtel Money App. 

If money is transferred through IMPS the balance will get reelected into your bank account instantly and if the transfer is done through NEFT it will take a minimum of 2 hours to reflect the balance into your bank account.

Summary:

In this article, we try to explain the procedure that How to transfer money from Airtel wallet to Bank account? in this article, we also try to explain the procedure for Airtel wallet registration through your smartphone and through the official web portal for airtel wallet.

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