IDFC Money Transfer

IDFC transfer money service can be availed by all customers of IDFC. This service helps customers instantly transfer money from their IDFC account to anyone in India. Using this online IDFC fund transfer service you can transfer money from your account using your mobile phone and money will be deposited in beneficiary’s account in real-time.

Major advantage of online IDFC fund transfer service is that you can transfer money online without writing a cheque. As money is credited in beneficiary’s bank account in real-time, you don’t have to submit the cheque to them. To use this online transfer money service please download our app and register your IDFC accounts. After that you will have to generate a secure banking PIN and then using this PIN you’ll be able to transfer funds to anyone in India directly from your IDFC accounts.

Another benefit of this service is that you can do instant money transfers without adding beneficiaries. All transactions performed via our app are 100% safe and secure. As soon as money transfer is done, you will receive an SMS from IDFC Bank and the beneficiary will get SMS from their bank.

Features of online IDFC money transfer service:

1. Online, real-time money transfer from IDFC account
2. Fund transfer without adding or registering beneficiaries
3. Fund transfer between your own IDFC Bank accounts. You can use this feature if you have multiple accounts with the bank
4. Transfer money between Self accounts with other banks - from your IDFC account you can transfer money to your account in other banks
5. Transfer money service works 24x7, 365 days a year
6. Even on all Saturdays and Sundays as well as bank & public holidays you can do fund transfer
7. All banks in India supported for money transfers
8. Transfer limit is Rs. 1,00,000 per day from your IDFC account. This is the maximum limit as set by your bank
9. You can make up to 10 transfers per day from your account. This is the maximum limit as set by your bank
10. Online fund transfer service is absolutely free and you don’t have to pay any fees
11. Instant confirmation from IDFC on money transfers. You’ll also get an SMS from the bank
12. Beneficiary bank will also send SMS to the beneficiary, confirming the fund transfer
13. BHIM UPI is used for transferring funds from your IDFC Bank account to beneficiary’s bank account in real-time

Online Money Transfer Service Features

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

Online fund transfer service from IDFC 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 IDFC 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 IDFC Bank 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 IDFC account.

Transfer money to BHIM UPI ID

Online money transfer service by IDFC 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 IDFC Bank 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 IDFC 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 IDFC Bank account easily.

Security of IDFC Online Transfer Money

100% security for IDFC Online Transfer Money is ensured in the following ways:

1. IDFC UPI registration for your bank accounts can only be done on your mobile due to linking of your mobile number with your account
2. Before using BHIM services, you must create a new secure UPI PIN using your debit card
3. While performing transactions on your mobile you have to use your IDFC UPI PIN. No transaction will go through without this secure UPI PIN
4. App password can be created so that no one can even open the app without knowing your app password
5. PIN or pattern lock can be created for your phone so that no one can open your mobile

Eligibility conditions for using Online Money Transfer Service

In order to use IDFC Online Money Transfer service you must meet the following requirements:

• A savings or current account with IDFC
• Mobile number should be registered with your bank
• Android or iPhone mobile phone
• Internet connection either via SIM card or WiFi