Samruddhi Co-operative Bank Money Transfer

Samruddhi Co-operative Bank transfer money service can be availed by all customers of Samruddhi Co-operative Bank. This service helps customers instantly transfer money from their Samruddhi Co-operative Bank account to anyone in India. Using this online Samruddhi Co-operative Bank 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 Samruddhi Co-operative Bank 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 Samruddhi Co-operative Bank 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 Samruddhi Co-operative Bank 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 Samruddhi Bank and the beneficiary will get SMS from their bank.

Features of online Samruddhi Co-operative Bank money transfer service:

1. Online, real-time money transfer from Samruddhi Co-operative Bank account
2. Fund transfer without adding or registering beneficiaries
3. Fund transfer between your own Samruddhi 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 Samruddhi Co-operative Bank 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 Samruddhi Co-operative Bank 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 Samruddhi Co-operative Bank 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 Samruddhi Bank account to beneficiary’s bank account in real-time

Features of Online Money Transfer Service

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

Samruddhi Co-operative Bank offers an online money transfer facility using which you can transfer money to anyone in India. Using Samruddhi Co-operative Bank fund transfer service you can transfer money even if the beneficiary doesn’t have an account with your bank. On a real-time basis, money gets credited in beneficiary’s bank account.

Transfer funds without adding beneficiary

Online fund transfers typically require you to add and activate beneficiary and you can do money transfers only after that. But using our app you can transfer money without adding beneficiaries. You just have to specify the beneficiary’s account number and IFSC code and money will be credited in their bank account in real-time, directly from your Samruddhi Co-operative Bank account.

Self account money transfer

Using Samruddhi Co-operative Bank online money transfer service you can transfer money between your own accounts as well. This is a very useful service if you hold multiple accounts with the bank as at a click of a button you can do fund transfer between your own accounts. This service also works if you hold accounts with other banks - you can debit money from your Samruddhi Bank account and credit money into any of your account with other banks.

BHIM UPI ID transfer money

Online Samruddhi Co-operative Bank fund transfer service also allows you to transfer money to a BHIM UPI ID. This is particularly useful if the beneficiary also uses a BHIM UPI app wherein without requesting for beneficiary’s account details you can directly transfer money to their BHIM UPI ID. In such cases, money gets credited in the account which is linked with their BHIM UPI ID.

Transfer money to mobile number

Another way to transfer money is via mobile number. With the help of our app you can easily transfer money to your friends and family without requesting for their account number + IFSC code or BHIM UPI ID. When you transfer money to a mobile number, money gets credited in beneficiary’s bank account which is linked to their mobile number in our app.

Transaction limit

Online money transfer service is being offered by Samruddhi Co-operative Bank to all its customers free of cost. You don’t have to pay any charges for using the online money transfer service and can transfer money from your bank account as and when required.

No charges for using online money transfer service

Due to some reason if you want to change your Samruddhi Co-operative Bank BHIM PIN then you can use our mobile app for instantly changing your Samruddhi Bank UPI PIN. Your new PIN will be immediately registered in your Samruddhi Co-operative Bank account and you can use it for performing financial transactions.

24x7 service

Online money transfer service works 24x7 and enables you to transfer money whenever required so that you don’t have to visit the branch or ATM and can initiate fund transfer directly from your mobile. You can even do fund transfer on weekends, bank holidays and public holidays.

Security of Samruddhi Co-operative Bank Online Transfer Money

Samruddhi Co-operative Bank Online Fund Transfer is fully secured in following ways:

1. UPI registration for your Samruddhi Co-operative 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 Samruddhi Co-operative 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

Eligibility conditions for using Online Money Transfer Service

In order to use Samruddhi Co-operative Bank Online Money Transfer service you must meet the following requirements:

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