Quick Answer: What Is The Meaning Of MobiKwik?

How can I refund my money from MobiKwik to bank account?

Transfer money from MobiKwik wallet to bank account using MobiKwik websiteOpen the www.mobikwik.com website and login to your account.Click on the Pay or Transfer tab on top of the screen.Choose the Send to Bank option.Type in the bank name, account number, IFSC code, and amount, and click the Send button.More items…•Dec 5, 2016.

Can I transfer MobiKwik loan amount to bank account?

Users can apply for loans ranging from Rs. 5,000 upto Rs 60,000 through MobiKwik app. MobiKwik users who avail loans via the app will have the option to transfer their loan amount to their bank account. … MobiKwik users are required to update their KYC with PAN card and other KYC details to avail the loan benefit.

Which is better Paytm or MobiKwik?

The report says most payment apps in India are not user-friendly….PhonePe beats all rivals when it comes to error-free, smooth digital payments in India.CompanyOverall functionality scorePaytm70MobiKwik61Google Pay65Axis Pay464 more rows•Dec 18, 2019

Which wallet is best for bank transfer?

Google Pay (formerly known as Tez) It is currently the No. 1 digital wallet and one of the top online payments apps in India. With Google Pay you can send money to friends, pay bills and buy online, recharge your phone – all via UPI and directly from your bank account.

How much does MobiKwik charge for bank transfer?

Schedule of charges Min KYC & Full KYC WalletsServiceCharges (Rs.)TransferCharges (Rs.)Wallet to wallet0Wallet(Full KYC Only) to bank3.45% + GST of transaction amount**For Failed transactions, total amount including charges are reversed.7 more rows

How can I get MobiKwik 60000 loan?

DOWNLOAD & APPLY. Download MobiKwik app and apply for loan through the app.Instant Approval. Fill in your details and get instant approval on the loan amount.Boost your finances. The amount will be credited to your wallet in less than 5 minutes.

Can we send money from MobiKwik to bank account?

Yes, we can transfer money from a credit card to a bank account. Do a quick money transfer online, just download the MobiKwik app or log in to the website and transfer your money securely.

Where can I complain against MobiKwik?

Mobikwik Customer Care Complaint: Visit Mobikwik website and follow this link: https://www.mobikwik.com/help. Share complaints, queries by typing out a message and click on create a ticket. Mention email id and mobile number in the raised ticket.

Is MobiKwik Chinese company?

MobiKwik is an Indian company founded in 2009 that provides a mobile phone based payment system and digital wallet. … In 2013 the Reserve Bank of India authorized the company’s use of the MobiKwik wallet, and in May 2016 the company began providing small loans to consumers as part of its service.

How does MobiKwik earn money?

The company continues to focus on its mobile wallet and payments processing businesses that account for about 75% of its revenue, but its growing suite of financial services, such as providing credits and insurance to customers, is already bringing the rest of the revenue, she said.

How does MobiKwik work?

Step 1: Login to the Mobikwik app. Step 2: Click on the ‘Add Money’ option, enter the amount you want to add and click ‘Continue’. Step 3: This will redirect you to the payment page, where you can add money through 3 payment options: Debit/credit card, net banking or through cash deposit/pickup.

Is MobiKwik safe?

Payments app operator MobiKwik on Monday asserted that the data of its users and company was “completely safe and secure” in the wake of media reports and a flurry of social media posts on Twitter alleging that crucial know-your-customer (KYC) data had been leaked and was available for purchase online.

How can I transfer money from MobiKwik wallet to bank without fees?

Step – 3Now go to Zeta Account.Load Money ( Amount you wish to transfer from mobikwik wallet )Add money through your mobikwik Super VISA Card.After adding money, Click Pay/Send > Enter bank details.Your money will be transferred in the bank instantly ( without any charges )

Can I use MobiKwik without KYC?

We recommend to get your KYC done, however, not doing so will not impact the most of the services that you can avail on MobiKwik. For non-KYC users, the only changes are: Users who have submitted their KYC details, but have not verified them (minimum KYC) can add money up to Rs. 10,000.