How to Transfer Fund using Aadhaar Number on Mobile ?
Fund Transfer using Aadhaar Number: User can transfer funds by using Aadhaar Number of the Beneficiary. The transaction flow for funds transfer using Aadhaar Number is as follows:
- Dial *99# from your Mobile handset.
- Welcome screen will appear asking you to enter your bank’s 3 letters short name or first 4 letters of IFSC.
- After entering valid IFS Code or short name, menu will appear with different options of available services enabled for your bank.
- Enter 5 for Fund Transfer using beneficiary Aadhaar number.
- Subsequent screen to enter Beneficiary Aadhaar Number will appear.
- Enter MPIN ( User can Generate or Set his/her Mobile PIN by calling *99#) and last 4 digits of account number (Optional).
- A confirmation screen will appear showing success response.
Note: The above are the standard process, however for authentication, different banks may use additional security means such as:
- Enter Last 4 digit of your Account number OR
- Enter User Id
Read more on *99# (mobile Banking )