Transfer money from one bank account to the other easily with your phone

If you want to transfer your money from one bank account to the another you would surely have to do some tough task. Either you will have to go to the bank to get your job done and we all know that it is a time taking process because bank has a lot of work to do and mass number of people and let me visit bank to get the job done. But there is a solution named BHIM app. Another way you can do your task done is by visiting the banks website. But for this you will have to activate net banking on your account. To activate the net banking once again have to go to the bank.

This all can be done with some smart work using BHIM app. Following some basic simple steps you can easily transfer money from one bank account to another bank account without any hassle. It is a very quick process and can be carried out in a few seconds. It can be done 24/7.

We can do this using a smartphone in a very quick and efficient manner for this way will require application named BHIM app. BHIM stands for Bharat interface for money. BHIM app is managed and launched by National payments Corporation of India. It was an initiative launched by Prime Minister Narendra Modi which was another great step in the dream of digital India.

Procedure to use BHIM app

• Install Bhim app from the Play Store on your phone.
• Open Bhim app
• Bhim app will ask you to enter your phone number. You will have to enter the phone number registered in your bank account.
• Once you enter your number in Bhim app it will verify it with the help of an SMS. Get the verification done.
• As soon as the verification is done Bhim app will show you the bank account associated with the phone number you just entered.
• Bhim app will also ask you to set a four digit pin. Set it according to your name as it will be the passcode whenever you open the application every time.
• Now click on bank account.
• Click on set UPI pin and again and set pin according to your need. This pin will be required when you do the payment from Bhim app.
• You can also check your balance in the account by clicking on request balance.
• Come to the homepage of your Bhim app and click on send.
• Choose the option of account + IFSC.
• Choose the bank you want to send the money in.
• Enter all the details required and proceed.
• Enter the UPI pin you just set above and your payment will be done from Bhim app.

Bhim app is a great initiative as it enables people to transfer their money anytime anywhere without any hassle. You don't even require involvement of bank in this process. So try and do it on your own. This was all for today thank you.