Choose easy banking with cashless transactions

In the chaos of demonetization, money transaction has been a great problem. Long queues at ATMs have been really exhausting. The best option is to go cashless; you must be wondering that how is it possible? Yes it is possible. Technology has advanced; today one can go anywhere without worrying about cash and this has been possible by the cashless mode of transactions made possible through mobile wallets, online money transfers that are enabled by the use of bank ifsc codes and other information.

 Making cashless transaction is very easy; all you need to know is the correct bank account number, bank name and the correct ifsc code as bank ifsc codes vary with every bank’s branch. Here are discussed two popular ways of making cashless transactions.

Mobile Wallets

A mobile wallet is a way to carry your debit and credit card information in a digital form in the mobile device. Mobile wallets these days have become very popular; some of the very known are Paytm, mobikwik, paypal, etc.  These are very easy to use with instant money transfer. These can also be used to transfer money to any bank account. All one has to do is to click on the ‘send to bank ‘option and then type the correct bank account no.  And then type the bank name and then the bank ifsc code; be careful while entering the ifsc code, as bank ifsc codes are different for every bank so before entering it check once. So finally by filling all these details your money will be transferred to the preferred bank account.

Net Banking

Net banking provides the facility of carrying out banking services from any corner of the country. All you require is an internet connection, username and password to log into your net banking website; and you can do third party money transfers. It is a very secure mode of carrying out multiple transactions. It comes with options such as NEFT and RTGS, even in net banking, bank ifsc codes play an important role. As in NEFT and RTGS transfers, one needs to fill the correct IFSC code. These are actually the identity of banks; every bank‘s branch has a unique ifsc code.

Thus, it is very easy to make cashless transactions, and it will also solve your problem of cash. So now you don’t have to stand in long queues in the ATMs. Just try these simple ways and make your life easy. Go cashless and enjoy these boons of technology. Make cashless transactions and contribute to the prosperity of your nation.