What Is Indo Nepal Money Transfer?

What Is Indo Nepal Money Transfer.png

If you are in India, and your family is in Nepal. How do you send them money when they need it? That's where our Indo-Nepal Money Transfer comes to the rescue. It's like a superhero money transfer service by Muthoot FinCorp Ltd., and you can apply for it on Muthoot FinCorp ONE, making it super easy for folks from Nepal staying in India to send money back home.

Let us now look into how this Indo Nepal Money Transfer service is making life simpler citizens of Nepal staying in India.

Benefits of Indo-Nepal Money Transfer:

The Indo-Nepal Money Transfer service brings forth a bunch of benefits. It serves as a reliable conduit for citizens of Nepal residing in India to transfer funds seamlessly, ensuring that the financial ties between families remain strong.

Whether you choose to send money from your Indian bank account or opt for a cash deposit, this service simplifies the process, making it accessible to everyone.

How to Apply for Indo-Nepal Money Transfer on Muthoot FinCorp ONE App:

Muthoot FinCorp ONE app is your gateway to hassle-free Indo-Nepal Money Transfers. Follow these simple steps to initiate the process:

  • Step 1: Download the app: Begin by downloading our Muthoot FinCorp ONE app from your preferred app store.

  • Step 2: Click the Indo Nepal Money Transfer Loan card: Navigate to the home page of the app and click on the Indo Nepal Money Transfer Loan card.

  • Step 3: Go to the Indo Nepal Money Transfer landing page: You will then be redirected to a dedicated landing page for Indo Nepal Money Transfer.

  • Step 4: Fill in the required loan amount: On the landing page, you will find a card titled 'Indo Nepal Money Transfer Made Easy.' Fill in the necessary details, including your desired loan amount, and click submit.

  • Step 5: Customer support will guide you: Post submission, expect a call from our customer support representatives. They will guide you through the subsequent steps.

Muthoot FinCorp Ltd. accepts cash payments for Indo Nepal Money Transfers, with a limit of Rs. 50,000 per transaction. For International Money Express (IME), you can make a maximum of 3 transactions in a day or month while for Prabhu Money Transfer (PMT), you are allowed a maximum of 3 transactions in a day or 5 in a month. This flexibility caters to the diverse needs and preferences of users.

Time Duration for Beneficiary to Receive Money: Once an Indo Nepal Money Transfer is initiated, your beneficiary can expect to receive the amount at the earliest. This ensures that the funds reach their destination promptly, addressing urgent financial needs.

The KYC Process: We take pride in offering a quick and convenient method for citizens of Nepal residing in India to transfer money. The KYC (Know Your Customer) process ensures security, with approval from International Money Express (IME) being a prerequisite for accepting payments. As citizens of Nepal residing in India, you would need to submit a copy of your Aadhar Card, citizenship proof card, and passport to initiate Indo Nepal Money Transfers with Muthoot FinCorp Ltd. These documents ensure compliance with regulations and facilitate a secure and legal transaction process.

Accepted Payment Methods for Indo Nepal Money Transfer: For your ease, we accept cash payments within the limit of Rs. 50,000 per transaction at the branch. International Money Express (IME) allows a maximum of 3 transactions per day or month, while Prabhu Money Transfer (PMT) permits 3 transactions a day or 5 in a month.

In the ever-evolving landscape of financial services, our Indo Nepal Money Transfer stands out as a ray of reliability and simplicity. With our user-friendly application process on the app, transparent charges, and a commitment to quick and secure transactions, Muthoot FinCorp Ltd. empowers individuals to stay connected with their roots, making financial distances disappear with just a few clicks.

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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