Transfer Money Without UPI Using These Methods

Discover alternative methods for sending money without UPI. From bank apps to cash deposits, choose the option that suits your needs.
Pay Now
Transfer Money Without UPI Using These Methods
Pay Now
3 mins read
4 May 2024

While UPI has become a popular option for money transfers, there are situations where it might not be available or convenient. Here are some alternative methods for transferring money:

Ways to transfer money without UPI

  • Internet Banking: Most banks offer online banking platforms where you can transfer funds between your accounts or to other accounts within the same bank. You will need your bank login credentials and the recipient's account details.
  • Mobile Banking Apps: Many banks offer dedicated mobile apps for managing your finances, including money transfers. Download the app from your bank and follow the instructions.
  • Payment Wallets: Digital wallets like Bajaj Pay wallet allow transfers to other users within their platforms. You can also transfer to bank accounts linked to these wallets.
  • ATM Cash Deposit: Visit an ATM and deposit cash directly into the recipient's account using their bank card details.
  • Bank Branch Transfer: Visit a bank branch and initiate a transfer using the recipient's account details. This option might involve fees.
  • Cheque: Issue a cheque payable to the recipient and hand it over. This method is slower but might be useful in some situations.

How to send money offline?

  • USSD banking: Some banks offer USSD (Unstructured Supplementary Service Data) banking services, allowing basic transactions like money transfers using mobile phone menus. Dial the bank's specific USSD code and follow the instructions.
  • Aadhaar pay: This service allows sending money using Aadhaar numbers. The recipient needs to have an Aadhaar-linked bank account.

Conclusion

While UPI offers a convenient and instant way to transfer money, these alternative methods provide flexibility in various situations. Choose the option that best suits your needs, considering factors like recipient access, transfer speed, and convenience. Remember to prioritize secure platforms and verify recipient details carefully before initiating any transfer.

Now, you can do UPI transactions with enhanced security and convenience via the Bajaj Finserv BBPS Platform.

Disclaimer

While care is taken to update the information, products, and services included in or available on our website and related platforms/ websites, there may be inadvertent inaccuracies or typographical errors or delays in updating the information. The material contained in this site, and on associated web pages, is for reference and general information purpose and the details mentioned in the respective product/ service document shall prevail in case of any inconsistency. Subscribers and users should seek professional advice before acting on the basis of the information contained herein. Please take an informed decision with respect to any product or service after going through the relevant product/ service document and applicable terms and conditions. In case any inconsistencies are observed, please click on reach us.

*Terms and conditions apply

Frequently asked questions

Is money transfer free of cost?

It depends on the method and amount transferred. Some methods like UPI offer free transfers for small amounts within India, while others might have charges. International transfers usually incur fees.

How much time does it take to transfer money online?

Transfer times vary depending on the method chosen. Instant transfers like IMPS and UPI happen immediately, while NEFT transfers take 2-4 hours, and RTGS transfers are instant for large amounts. International transfers can take 1-5 business days depending on the service and destination.