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Q.

How to transfer money without adding beneficiary ?

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1

2 Year

Comment

whatsapp [#222222128] Created with Sketch. Send
0 2022-08-23T17:13:42+00:00

Hey,

These days everyone prefers to transfer money online. We shop online on e-commerce websites, and pay for our transportation online on Ola and Uber. Sometimes, we don't have the time to add a beneficiary, so the money transfer needs to take place instantly. I will tell you how to transfer money without adding beneficiary right here.

Pay the utility bills with NoBroker and get assured cashbacks and rewards. Want to get the lowest interest on a home loan? Choose NoBroker to get the best offers. How to transfer money from HDFC bank without adding beneficiary ?

I think you need to add a beneficiary's account details to make any transfer including IMPS and NEFT. Only for  IMPS transfers using MMID, you don't need to add a beneficiary. The maximum amount which can be transferred is Rs. 50,000 per transaction per day without having to add a beneficiary.

How to transfer money from SBI without adding beneficiary?
  • You can transfer money on the SBI Net Banking portal or app.

  • You will need to sign in with your credentials. 

  • Click on the 'Payments/Transfers 

  • Then choose Quick Transfer (Without Adding Beneficiary)

  • Select the account from which the funds will be deducted 

  • Fill in all the required details

  • Click on 'Submit'

Another way to transfer funds without adding beneficiary is using the BHIM UPI ID transfer money option. This way you can transfer any amount, even one rupee without requesting for beneficiary's bank account number & IFSC code.

This is all from my end on how to transfer money without adding beneficiary.

Read more :

How to add beneficiary in SBI YONO app?

How to add RTGS beneficiary in SBI?

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