No IFSC Code, Account No. Needed For Online Money Transfer Under Rs 5 Lakh: Only Mobile Number, Bank Name Needed

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10 months ago

The National Payments Corporation of India (NPCI) has announced a useful upgrade to the popular IMPS money transfer platform from February 1st. Customers will no longer need beneficiary account details like bank a/c number, IFSC code to send or receive funds via IMPS channels, under Rs 5 lakh. Simply entering the receiver’s mobile number appended […]

The post No IFSC Code, Account No. Needed For Online Money Transfer Under Rs 5 Lakh: Only Mobile Number, Bank Name Needed appeared first on Trak.in - Indian Business of Tech, Mobile & Startups.

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