State Bank of Hyderabad MMID

Hi I would like to know what MMID is and how do one gets the MMID Number and what is the use of this number?

National Payment Corporation of India (NPCI) is putting forth the Banks and Financial Institutions another installment administration called "Interbank Mobile Payment Service (IMPS)". The administration empowers exchange of assets utilizing the portable number of the beneficiary rather than the record number.

The remitter ought to be an enlisted client of the Bank's Mobile Banking Service and the recipient ought to give his portable number enrolled with his Bank for this reason, furthermore a 7 digit MMID (Mobile Money Identifier) allocated to his record by the Bank. Reserve Transfers to accounts in SBH are directed through CBS while interbank settlements will be steered through the NPCI.

How to get MMID number?

All the mobile banking customers are issued 7 digit MMID for the essential record enrolled. For getting MMID for different records, they may visit the Branch and apply for MMID by topping off a structure.

Clients not enrolled for Mobile Banking Service can enlist their versatile number at State Bank ATM to get MMID for the essential record connected to the ATM card:

Swipe your Debit Card > Select Mobile Registration > Enter ATM PIN > Select SMS/Secure Code/IMPS > Enter Your Mobile Number > Confirm.

Clients not having ATM card/Customers having more than one record, can visit their Branch and apply for MMID, by topping off a structure.

7 digit MMID number will sent to you over SMS on the portable number utilized for enlistment.

How to exchange stores utilizing this Service?

In State Bank Freedom Mobile Banking Application, the alternative for the remitter is made accessible as "IMPS-Mobile to Mobile Transfer" under "Assets Transfer" menu. Clients utilizing the Application based administration may please take after the progressions as under:

Open the portable keeping money application

Select Funds Transfer > Select Mobile to Mobile Transfer (IMPS) > Enter Mobile Number of the Payee > Enter MMID of the Payee > enter Purpose (discretionary) > enter Amount > Select Account to be charged

Choose OK

Enter MPIN

Choose affirm and send the solicitation

The clients utilizing the USSD based administration may pick the IMPS alternative 7 after fruitful login and react as takes after:

Enter the Mobile Number of the Payee

Enter the MMID of the Payee

Enter the Purpose

Enter the Amount

Enter the MPIN and complete the solicitation

Clients utilizing the SMS Banking can send the message utilizing the accompanying watchwords to 9223440000 for making an assets exchange through IMPS.

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Answered By StudyChaCha Member