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All Bank Cash Deposit (Money Transfer)

A Money Transfer of Remittance is a transfer of money by a Sender to an individual in his or her home or friends anywhere in the country. Money sent home by migrants competes with international aid as one of the largest financial inflows to developing countries. Workers' remittances are a significant part of international capital flows, especially with regard to migrant labor areas. In simple terms it is a process of sending money from one city to another city or from one individual to another individual across any city in India. It involves Sender (Person willing to send money) and Receiver (Person to whom money needs to be sent). A medium to Facilitate Transfer of Money – HINDFS TPC. .

This is an INSTANT money transfer service to any bank in India. The money can be transferred to any Bank Account 24x7 by customers who do not have a Bank Account of their own. (Due to lack of identity documentation as mandatorily required by Bank for KYC).

Now instantly transfer funds from your HIND4U wallet to any bank account using MMID (Mobile Money Identifier) or simple beneficiary bank account number with IFSC (Indian Financial System Code).

TPC (Franchise) may use this Service to create wallet for their own as well as for citizens/customers.

TPC (Franchise) will earn good commission i.e. 0.80% of the amount transferred from their TPC wallet to HIND4U Wallet, so go ahead and use this service to create more and more HIND4U Wallets.

Note:

  • HIND4U Wallet is NOT meant for TPC, it is meant only for Citizens.
  • TPC should take 1.5% as surcharge for HIND4U Wallet top amount from the customer.
  • His wallet will be deducted from HIND4U Wallet top up amount + 0.7% of amount.
Check:
  • If HIND top up amount is Rs 1000, TPC will take upto Rs 1015 from the customer and TPC wallet will be deducted for Rs 1007 after HIND up.
Requirements For Sending Money:
  • Sender shall have a valid mobile number (Non KYC)
  • Sender needs a valid ID Proof for higher sending limit
    • (KYC Customer)
  • Receiver shall have a bank account in any bank at any city in India
  • Sender does not require bank account. He pays in cash at TPS Outlets
  • Sender shall know the Bank account number and Branch details of Receiver

Who All will be Benefited:
  • Migrant Labor
  • Friends / Family Members
  • Business establishment after banking hours
  • Travelers
  • Any Common Man who does not have Net
  • Banking Facilities or does not have immediate bank access