In today’s fast-paced digital world, seamless transactions are more important than ever. MobiKwik, one of India’s leading digital wallets and payment platforms, makes it incredibly easy for users to link their bank accounts for hassle-free payments, recharges, and online shopping. Whether you’re looking to pay your bills, transfer funds, or shop online, linking your bank account to MobiKwik is a crucial step for smooth and secure financial operations. In this detailed guide, we’ll walk you through the process of linking your bank account to MobiKwik, ensuring that your transactions are swift and secure.
Part 1: Setting Up Your MobiKwik Account
Before you link your bank account, you need to ensure that your MobiKwik account is set up correctly. If you already have an account, you can skip this step. Otherwise, follow these easy steps to create your account:
Step 1: Download the MobiKwik App
First, download the MobiKwik app from Google Play Store or Apple App Store. The app is available for both Android and iOS users, and it’s completely free to install.
Step 2: Create a New Account
Once the app is installed, open it and click on the “Sign Up” button. You will need to provide basic information such as your mobile number, email address, and a password. An OTP will be sent to your mobile number to verify your identity. Enter the OTP to complete the registration process.
Step 3: Add Your Profile Details
After signing up, you can add additional profile details like your name, date of birth, and address. This is important as it helps with identity verification and future transactions.
Now that your MobiKwik account is set up, you are ready to link your bank account.
Part 2: Linking Your Bank Account to MobiKwik
Linking your bank account to MobiKwik is a simple process that takes just a few minutes. Here’s how to do it:
Step 1: Open the MobiKwik App
Launch the MobiKwik app on your smartphone and log in using your mobile number and password.
Step 2: Navigate to the “Bank Account” Section
Once you’re logged in, tap on the “Menu” icon (three horizontal lines) on the top-left corner of the screen. From the dropdown menu, select the “Bank Accounts” option.
Step 3: Add a New Bank Account
In the Bank Accounts section, you’ll see an option to “Add Bank Account.” Tap on it to begin the process of linking your bank account.
Step 4: Enter Bank Details
You’ll be prompted to enter your bank account details, including your account number, IFSC code, and the bank’s name. The app will also ask for your debit card number and expiry date for added verification.
Step 5: Verify Your Bank Account
Once you’ve entered the required details, MobiKwik will send a verification request to your bank. This may take a few moments. After successful verification, your bank account will be linked to your MobiKwik account, and you’ll receive a confirmation notification.
Part 3: Using Your Linked Bank Account for Transactions
Now that your bank account is successfully linked to MobiKwik, you can start using it for various financial transactions.
Step 1: Make Payments
To make payments, simply select the payment method as your linked bank account when you are making a purchase or paying a bill. MobiKwik will securely transfer funds from your bank account to complete the transaction.
Step 2: Add Money to Your MobiKwik Wallet
If you wish to add money to your MobiKwik wallet, tap on the “Add Money” option and select your bank account as the payment method. You can add funds in multiples of Rs. 100, and the amount will be instantly added to your MobiKwik wallet.
Step 3: Transfer Funds to Other Users
MobiKwik also allows you to transfer money to other MobiKwik users. To do this, select the “Send Money” option, choose the recipient, and enter the amount you wish to send. You can choose your linked bank account as the payment source to complete the transfer.
Step 4: Withdraw Funds to Your Bank Account
In case you need to withdraw funds from your MobiKwik wallet to your linked bank account, simply tap on the “Withdraw” option in the app. Enter the withdrawal amount, and the money will be transferred to your bank account in real-time.
Conclusion
Linking your bank account to MobiKwik is a smart and straightforward way to streamline your digital payments and manage your finances efficiently. By following this step-by-step guide, you can quickly set up and use your bank account for a variety of transactions, from bill payments and shopping to money transfers and wallet withdrawals. Enjoy the convenience and security that come with linking your bank account to MobiKwik, and take full advantage of all the features the platform has to offer.