Hello Friends & Respected CCI members. In this article I am going to discuss about all aspects of Mobile Banking.

Today Everyone is having a mobile Phone with numereous features. But not all of us are fully aware about What our mobile can do? Nowadays we can do almost anything from our mobile ranging from Mobile recharge to Railway Reservation.

How To Transfer Money Using Your Cell Phone

You can send and receive up to Rs.50,000 per day using your mobile.Here is how to do it.

1. Register: First of all register with the bank for Interbank Mobile  Payment Service(IMPS)

2. Download: Then download application on the phone via GPRS.

3. Log in: Log in to the application.

4. Select Bank A/C: Select the bank account from which funds are to be transferred.

5. Select mobile: Select mobile money tranfer service from the menu.

6. Enter 10 digit mobile number, 7 digit MMID ( Bank allots MMID After confiriming your mobile number) and desired transfer amount.

7. Confirm entered details.

Done. You will receive SMS intimation confirming the account debit on your registered cell phone on the successful completion of the transfer.

Services available on your Mobile

Bank Account.

Funds Transfer

Bill Payment

Balance Enquiry

Cheque Book Request

Last Five Transactions

Stop cheque Request

Credit Card

Balanced Details

Last Payment details

Payment due date

DEMAT

Holding enquiry

Transaction Status

Bill enquiry

ISIN enquiry

LOAN

Provisional Income Tax Certificate

Final Income Tax Certificate

Reset Letter

Reschedule letter

Loan arrangement copy

OTHERS

Book airline/railway/movie tickets.

Prepaid mobile recharge

Status of service request raised

Locate ATM/branch.

I am personally using SBI mobile Banking.It's services is really very wonderful.It Saves our Money as well as Precious Time also.Every Professional should take a pledge to encourage the use mobile banking.

Your Comments are welcome.

Piyush Singh

(Piyushlife99 @ gmail.com)