What Is Domestic Money Transfer?

What Is Domestic Money Transfer.png

Domestic Money Transfer is a service provided by Muthoot FinCorp Ltd., designed to simplify the process of sending money to a bank account within India. It is like having a magic wand that allows you to transfer funds seamlessly, making financial transactions hassle-free and seamless.

Top 5 Benefits of Making Domestic Money Transfer:

  • Quick and Convenient: With Muthoot FinCorp ONE app, transferring money domestically has never been easier. It is quick and convenient.

  • Wide Accessibility: Muthoot FinCorp Ltd. has over 3600 branches across India, making it incredibly accessible. You can easily walk into any branch with your smartphones, create a money wallet, and transfer funds to any bank account in India effortlessly.

  • Simple Domestic Money Transfer Application Process: The application process is as easy as 1-2-3. Download the Muthoot FinCorp ONE app, click on the Domestic Money Transfer card, fill in the required details, and submit. The customer support team will guide you through the remaining process in the nearest Muthoot FinCorp Ltd. Branch.

  • Minimal Documentation: To send money via Domestic Money Transfer, all an Indian resident aged 18 and above needs is a valid ID proof. This ensures a hassle-free experience without drowning in paperwork.

  • Transparent and Affordable Fees: Muthoot FinCorp Ltd. believes in transparency. The charges for Domestic Money Transfer are straightforward – a flat fee of Rs. 10 or 1% of the transaction amount, whichever is higher. This makes it easier for customers to understand and plan their transactions accordingly. The maximum daily transfer limit is INR 25,000, with a maximum of INR 5,000 per transaction.

How to Apply for Domestic Money Transfer on Muthoot FinCorp ONE App:

  • Download the App: Start by downloading the Muthoot FinCorp ONE app on your smartphone.

  • Navigate to Domestic Money Transfer: Once the app is installed, click on the Domestic Money Transfer card on the home page.

  • Fill in Details: You will then be redirected to the Domestic Money Transfer landing page, where you can fill in your required amount to be transferred and click submit.

  • Customer Support Assistance: Post submission, our customer support representatives will contact you to guide you through the remaining steps.

Domestic Money Transfer with Muthoot FinCorp ONE app is a game-changer in the world of financial transactions. It not only simplifies the process but also ensures quick, accessible, and affordable money transfers within India. With minimal documentation and transparent fees, Muthoot FinCorp Ltd. is making financial transactions seamless for everyone.

About Muthoot FinCorp ONE

Muthoot FinCorp ONE is an all-in-one digital financial platform that makes getting an MSME & a Gold Loan, investing in Digital gold & NCDs, making payments & remittances, buying insurance & exchanging forex, simple and convenient.

As an SBU of Muthoot FinCorp Limited, Muthoot FinCorp ONE is backed by a legacy stretching back over 135 years, and the trust of more than 1 crore customers and is building a holistic financial ecosystem using the latest digital products for lending, investing, protection and payments.

Muthoot FinCorp ONE continues to uphold the values of the parent, the Muthoot Pappachan Group (Muthoot Blue) by providing its customers with easily accessible services, replete with unmistakable quality. The Muthoot Pappachan Group is among India’s most reputed names in the financial services industry, with customers in diverse segments like Automotive industry, Financial Services, Hospitality, Alternate Energy, Real Estate, and Precious Metals.

So what are you waiting for? Head to the Play Store and download the Muthoot FinCorp ONE app. You can also visit the website today to know more.

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