Andhra Bank Logo

Andhra Bank Fund 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

Download App For


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. Please choose Andhra Bank for bank account registration
  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 transferred 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

From your Andhra Bank account, transferring money online to anyone’s account in India is a very simple and quick process and you can use the fund transfer 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


Money transfer from bank account to anyone in India in real-time

Online Andhra Bank money transfer service enables you to do fund transfer from your account to anyone in India in real-time. It is not necessary for the beneficiary to have an account with Andhra Bank. They can have accounts with any bank in India and you can still do fund transfer in real-time.

Without adding beneficiary transfer money

Typically for online fund transfers you have to register and activate beneficiaries. But using our app you can do quick fund transfer without adding beneficiaries. For initiating fund transfer you only require beneficiary’s account number and IFSC code.

Fund transfer to Self account

One major advantage of online Andhra Bank transfer money service is that you can transfer funds between your own accounts easily. If you have multiple accounts with the bank then you can easily transfer funds from one account to another. In fact even if you have accounts with other banks you can transfer money from Andhra account to other bank accounts.

BHIM UPI ID transfer money

Using online Andhra Bank transfer money service you can even transfer money to beneficiary’s BHIM UPI ID. This helps you transfer money without requesting for beneficiary’s bank account number & IFSC code. Once you transfer money, it will be credited in the beneficiary’s bank account which is linked with their BHIM UPI ID. Fund transfer is done in real-time.

Transfer money to mobile number

Using our app you can even transfer money to your friends and family via their mobile number without requesting for their bank account number & IFSC code or BHIM UPI ID. Their bank account which is linked to their mobile number in our app will get credited in real-time after you transfer money to them.

Transaction limit

Transfer limit is upto 10 transfers on a daily basis, upto a total of Rs. 1,00,000. This is the transfer limit as set by Andhra.

Zero fees for using online money transfer service

Andhra Bank offers online money transfer service for free of cost so that you don’t have to pay any charge for transferring money from your bank account to any account in India.

24x7 service

Online money transfer service is available 24x7 so that whenever required you can do fund transfer in real-time. This helps you do money transfers without visiting the branch or ATM. This service also works on weekends, bank holidays and public holidays.

Benefits of online transfer money service


Time saving: By using online Andhra Bank fund transfer service instead of visiting the branch or ATM or writing a cheque you can save a lot of time as you can transfer money to beneficiary in real-time online.

Easy access: Fund transfer facility can be used anytime anywhere as it is available online 24x7, 365 days a year.

Cost saving: Online money transfer service by Andhra Bank is absolutely free for its customers and you don’t have to pay anything for using the service.

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

Multi Purpose: Online transfer service by Andhra is a multiple purpose service wherein you can not only transfer money to beneficiary, but also 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

Timing of Andhra Bank Online Transfer Money

  • 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

Please keep in mind the following limitations of Andhra Bank online fund transfer service:

  • It will not work if your mobile number is not registered in Andhra Bank
  • Without Android or iPhone mobile phone, it will not work
  • Without internet connection, it will not work
  • One can only transfer upto Rs. 1,00,000 per day per bank account
  • One can transfer upto 10 times per day per bank account

Download App For