Transferring money from BHIM app to other account is quite easy as it involves hassle free process. The money is send instantly, immediately after it is processed. There are three modes by which money can be transferred from BHIM app to another bank account. The first mode involves using the UPI ID of the other BHIM user to transfer money in beneficiary bank account. Second mode involves scanning the QR Code of other BHIM app user to transfer in bank account. The third mode is basically devised for those beneficiaries who don’t have access to BHIP app. Thus money is transferred on the basis of account details of the beneficiary like account name, account number and IFSC Code. Transferring money by BHIM app to other bank account makes transaction simple, quick and secure through Unified Payment System (UPI). If you are looking for guide to transfer money by BHIM app to another bank account then here’s are 7 steps involved in transferring money from BHIM app to other bank account.
How to transfer money through BHIM UPI app
Step 1: Open BHIM App and enter your Login password. You can also opt for Biometric login, where you need to just touch the fingerprint sensor to login into your account. To enable it you need to head over settings option and enable Biometric Login. Submit your fingerprints and you are done.
Step 2: Now you are login in your BHIM account. Now over to the right click on “Send” option.
Step 3: Now in this newly opened screen. Hover to the top right corner and click on A/C+IFSC option.
Step 4: Now in this screen you need to provide the bank account details of the beneficiary ( Receiver of money ). Lets see what details it asks for.
Bank IFSC Code: In this column you need to enter the IFSC code of the home branch ( where he opened his account) of the beneficiary ( receiver of money)
Beneficiary Name: Write the name of the Beneficiary (person to whom you are sending the money). Make sure you write his bank account name, the name by which the beneficiary operates account.
Account Number: Write bank account number of the beneficiary.
Confirm Account Number: Rewrite bank account number of the beneficiary.
Finally, Click of Verify option
Step 5: Now in this screen, you need to enter to amount you wish to enter in the beneficiary account. If you want to add any remarks like reason for sending money or any message to the beneficiary then you can fill the in this column.
Step 6: Now in this screen, you need to confirm the details of the beneficiary. If all details you entered are correct then hit Send button.
Step 7: Now in this screen, you need to enter the digit transaction password, to finally send the money.
Congratulations, the money is successfully transferred in the beneficiary bank account.