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Andhra Bank Money Transfer

All customers of Andhra Bank can use their online fund transfer service. The online Andhra Bank transfer money service helps customers of the bank to transfer money from their account to anyone in India. Andhra Bank fund transfer service works on mobile phones so that you can easily transfer money from your account to beneficiary’s account in real-time.


Online Andhra Bank transfer money service saves you a lot of time as you don’t have to write a cheque and money can be transferred online. As the entire transfer process works online, you don’t have to submit cheque to beneficiary and they will receive credit in their bank account in real-time. Using Andhra Bank fund transfer service is extremely simple. Just download our app and register your Andhra Bank accounts. After that you can generate a secure banking PIN and use it to transfer funds to anyone in India from your Andhra accounts.


Online fund transfer service by Andhra Bank also lets you transfer funds without adding beneficiaries so that you save time and can transfer money as and when required. All transactions performed via our app are 100% safe and secure. Andhra Bank will send you an SMS as soon as the transaction is processed. Similarly, the beneficiary will receive an SMS from their bank confirming the credit.


Andhra Bank transfer money service features:
  1. Real-time fund transfer from Andhra Bank account online
  2. Without adding beneficiary transfer funds
  3. Own account fund transfer for transferring money between your own Andhra Bank accounts
  4. Own account fund transfer across banks supported so you can transfer funds from your Andhra Bank account to account held with any other bank in India
  5. Use fund transfer service 24x7, 365 days a year
  6. Online transfer money facility can be used even on all Saturdays, Sundays, bank holidays and public holidays
  7. You can transfer money to any bank in India
  8. Transfer upto Rs. 1,00,000 per day from your account. This is the maximum limit as set by your bank
  9. Upto 10 transfers per day allowed from your account. This is the maximum limit as set by Andhra
  10. No charges for using online Andhra Bank money transfer service
  11. Bank will send an SMS as soon as funds are transferred
  12. Beneficiary will also receive an SMS from their bank, confirming the fund transfer
  13. For transferring funds in real-time from your Andhra account to beneficiary’s account, BHIM UPI is used

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How to transfer money from Andhra Bank account online:

  1. Download Cointab app for Android or iPhone
  2. Install app using mobile number which is registered in your Andhra Bank account
  3. For bank account registration, select Andhra Bank
  4. All your Andhra Bank accounts will be registered and activated for mobile banking
  5. Generate Andhra banking PIN
  6. Select Transfer Money
  7. Enter beneficiary’s name
  8. Enter beneficiary’s bank account number & IFSC code
  9. Enter amount
  10. Enter your banking PIN (which you generated in the previous step)
  11. Money will be debited from your Andhra Bank account and credited in recipient’s bank account in real-time
  12. You’ll get an SMS from Andhra about the transaction. Recipient will also receive an SMS from their bank

Online transfer of money from your Andhra Bank account is a very simple and quick process and you can use the transfer money service whenever required. Please keep in mind that the maximum transfer limit is Rs. 1,00,000 per day and 10 transactions per day.

Online Money Transfer Service Features


Real-time fund transfer from your bank account to anyone in India

Online fund transfer service from Andhra Bank enables you to transfer money from your account to anyone in India. Recipient can have a bank account with any bank in India and yet money can be transferred in real-time.

Transfer money without adding beneficiary

Using Andhra Bank transfer money facility you can do fund transfer without adding beneficiary. After downloading and registering for our app, you can immediately transfer funds to beneficiary by specifying their bank account number and IFSC code.

Transfer money to Self account

Online fund transfer facility also allows you to transfer funds between Self accounts. If you have multiple accounts with Andhra then you can do fund transfer between your accounts. In fact if you have accounts with other banks then also you can do a Self account transfer from your Andhra Bank account.

Transfer money to BHIM UPI ID

Online money transfer service by Andhra Bank also enables funds transfers to beneficiary’s BHIM UPI ID so that you don’t have to request for their bank account number & IFSC code and can instead do fund transfer directly on their BHIM UPI ID. Like other modes of transfer, BHIM UPI transfer via bank account works in real-time and money is credited in beneficiary’s bank account in real-time.

Transfer money to mobile number

Another big advantage of Andhra fund transfer service is the ability to transfer money to a mobile number. This helps you easily transfer money to friends and family without requesting for their bank account number or BHIM UPI ID.

High transaction limit

As per the bank’s online money transfer policy, you can make upto 10 transfers on a daily basis, upto a total of Rs. 1,00,000.

No charges for online money transfer service

Online fund transfer service is offered by Andhra Bank free of cost to its customers so that they can seamlessly transfer money as and when required. Like NEFT / RTGS / IMPS, there are no charges for transferring funds via BHIM UPI using our app.

24x7 service

Money transfer service works 24x7 so that you can transfer money to beneficiaries in real-time as and when required. This service also works at night, on weekends and on bank & public holidays so that you can transfer money from your Andhra account easily.

Benefits of online transfer money service


Time saving: Using online Andhra Bank transfer money service you can immediately transfer funds to beneficiary, without writing a cheque or withdrawing cash from the branch or ATM. This helps you save a lot of time.

Easy access: Fund transfer service is completely online and can be used 24x7, throughout the year.

Cost saving: There are no fees for using Andhra money transfer facility and you can transfer money to beneficiaries as and when required without worrying about transaction charges.

Security: All Andhra Bank mobile banking transactions are 100% secure due to linking of your account on your mobile number and your banking PIN

Multi Purpose: In addition to transferring money to beneficiary, you can also use Andhra Bank money transfer service to recharge your mobile / DTH, pay electricity / gas / credit card bill, buy insurance, book fixed deposit, buy mutual fund, etc.

Andhra Bank Online Money Transfer security

Andhra Bank Online Fund Transfer is fully secured in following ways:

  1. UPI registration for your Andhra Bank accounts can only be done on your mobile due to linking of your mobile number with your bank account
  2. To use BHIM services, you have to create a new UPI PIN using your debit card
  3. To perform financial transactions you have to use your Andhra Bank UPI PIN. Without this PIN, no transaction will go through
  4. You can also set up app password so that no one can even open the app without knowing your app password
  5. You can also create a PIN or pattern lock for your phone so that no one can open your mobile

Andhra Bank Online Money Transfer Timing

  • You can use UPI services on all days, including Saturday and Sunday
  • BHIM can be used at night as well
  • As banking is very crucial, you can use Andhra Bank UPI facility even on bank holidays and public holidays
  • You can use BHIM services throughout the year

Online Money Transfer Service Eligibility

For using Andhra Bank Online Transfer Money service you have to meet the following requirements

  • You must have a savings or current account with Andhra Bank
  • Your mobile number must be registered with your bank
  • You should be using either Android or iPhone mobile phone
  • You should be having an internet connection either via SIM card or WiFi

Limitations of Online Transfer Money Service

Following are the restrictions in Andhra Bank online transfer money service:

  • Your mobile number must be registered in Andhra Bank
  • It requires Android or iPhone mobile phone
  • It will not work without internet connection
  • Transfer upto Rs. 1,00,000 per day per bank account
  • Transfer upto 10 time per day per bank account

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