aitel money transfer free for 5000+

But airtel money allows maximum 5k for non-kyc users?

@ranjithsai01 wrote:

But airtel money allows maximum 5k for non-kyc users?

thats y min 5k . seems only for kyc.

@rajrocks wrote:

@ranjithsai01 wrote:

But airtel money allows maximum 5k for non-kyc users?

thats y min 5k . seems only for kyc.

@denz37 It shows me convenience charges Rs. 100 for Rs. 5000

@A2Zdeals wrote:

@rajrocks wrote:

@ranjithsai01 wrote:

But airtel money allows maximum 5k for non-kyc users?

thats y min 5k . seems only for kyc.

@denz37 It shows me convenience charges Rs. 100 for Rs. 5000

kyc done?

@rajrocks wrote:

@A2Zdeals wrote:

@rajrocks wrote:

@ranjithsai01 wrote:

But airtel money allows maximum 5k for non-kyc users?

thats y min 5k . seems only for kyc.

@denz37 It shows me convenience charges Rs. 100 for Rs. 5000

kyc done?

not sure, how to check that?

@A2Zdeals wrote:

@rajrocks wrote:

@A2Zdeals wrote:

@rajrocks wrote:

@ranjithsai01 wrote:

But airtel money allows maximum 5k for non-kyc users?

thats y min 5k . seems only for kyc.

@denz37 It shows me convenience charges Rs. 100 for Rs. 5000

kyc done?

not sure, how to check that?

im not even sure do they have kyc thing or not

i think all are kyc only as its mob operators wallet n already we have provided docs while getting sim.

@rajrocks wrote:

@A2Zdeals wrote:

@rajrocks wrote:

@A2Zdeals wrote:

@rajrocks wrote:

@ranjithsai01 wrote:

But airtel money allows maximum 5k for non-kyc users?

thats y min 5k . seems only for kyc.

@denz37 It shows me convenience charges Rs. 100 for Rs. 5000

kyc done?

not sure, how to check that?

im not even sure do they have kyc thing or not

i think all are kyc only as its mob operators wallet n already we have provided docs while getting sim.

https://www.airtel.in/personal/money/faqs/types...

For 5000 showing 100 charges. For 5100 convenience charges are zero, but getting error Either this transaction is not allowed, or amount is invalid

Use your better judgement while using these wallets to transfer money from CC to Bank account. You may gain some money on the interest and some points on your CC, but consider these:
1. Suddenly some wallet disables your account and you lose money, one loss will wipe out more than what you gained in all other transactions combined
2. These wallets and RBI are not fools, these transactions may be tracked.
3. Transferring from CC to bank is illegal (though wallets are allowing it), lead an ethical life, you will have more self-respect.

I have transfered 5010 successfully.
Thus I came to know that it is free of charge.
Prev i t charges 100.

I don’t know if there is a kyc opinion or upgrade option in airtel money

Waiting for Paytm to allow free transfer otherwise will transfer like that.

@enapster wrote:

Use your better judgement while using these wallets to transfer money from CC to Bank account. You may gain some money on the interest and some points on your CC, but consider these:
1. Suddenly some wallet disables your account and you lose money, one loss will wipe out more than what you gained in all other transactions combined
2. These wallets and RBI are not fools, these transactions may be tracked.
3. Transferring from CC to bank is illegal (though wallets are allowing it), lead an ethical life, you will have more self-respect.

How could it be illegal. If it is illegal wallets wouldn’t have provided this facility

@rajrocks wrote:

@A2Zdeals wrote:

@rajrocks wrote:

@A2Zdeals wrote:

@rajrocks wrote:

@ranjithsai01 wrote:

But airtel money allows maximum 5k for non-kyc users?

thats y min 5k . seems only for kyc.

@denz37 It shows me convenience charges Rs. 100 for Rs. 5000

kyc done?

not sure, how to check that?

im not even sure do they have kyc thing or not

i think all are kyc only as its mob operators wallet n already we have provided docs while getting sim.

they have kyc system

@enapster wrote:

Use your better judgement while using these wallets to transfer money from CC to Bank account. You may gain some money on the interest and some points on your CC, but consider these:
1. Suddenly some wallet disables your account and you lose money, one loss will wipe out more than what you gained in all other transactions combined
2. These wallets and RBI are not fools, these transactions may be tracked.
3. Transferring from CC to bank is illegal (though wallets are allowing it), lead an ethical life, you will have more self-respect.

Yes all such transactions are already on radar of banks & they are wary of these
but I won’t call it illegal… There are limits in place, they monitor all such transactions, their risk management tracks every suspicious activity
currently system is accommodating these transactions but not for long
converting unsecured loans to working capital is definitely not the idea of any financial system
so nature will cleanse itself sooner or later
I agree that for peaceful life once should avoid this vicious cycle
There are many litigation which may arise in future

@Alpha.Barood
@DealSeeker

@denz37 wrote:

I have transfered 5010 successfully.
Thus I came to know that it is free of charge.
Prev i t charges 100.

but for me it is calculatng the charges rs.100/- to transfer 5000/-

@A2Zdeals wrote:

@enapster wrote:

Use your better judgement while using these wallets to transfer money from CC to Bank account. You may gain some money on the interest and some points on your CC, but consider these:
1. Suddenly some wallet disables your account and you lose money, one loss will wipe out more than what you gained in all other transactions combined
2. These wallets and RBI are not fools, these transactions may be tracked.
3. Transferring from CC to bank is illegal (though wallets are allowing it), lead an ethical life, you will have more self-respect.

Yes all such transactions are already on radar of banks & they are wary of these
but I won’t call it illegal… There are limits in place, they monitor all such transactions, their risk management tracks every suspicious activity
currently system is accommodating these transactions but not for long
converting unsecured loans to working capital is definitely not the idea of any financial system
so nature will cleanse itself sooner or later
I agree that for peaceful life once should avoid this vicious cycle
There are many litigation which may arise in future

@Alpha.Barood
@DealSeeker

@A2Zdeals wrote:

@enapster wrote:

Use your better judgement while using these wallets to transfer money from CC to Bank account. You may gain some money on the interest and some points on your CC, but consider these:
1. Suddenly some wallet disables your account and you lose money, one loss will wipe out more than what you gained in all other transactions combined
2. These wallets and RBI are not fools, these transactions may be tracked.
3. Transferring from CC to bank is illegal (though wallets are allowing it), lead an ethical life, you will have more self-respect.

Yes all such transactions are already on radar of banks & they are wary of these
but I won’t call it illegal… There are limits in place, they monitor all such transactions, their risk management tracks every suspicious activity
currently system is accommodating these transactions but not for long
converting unsecured loans to working capital is definitely not the idea of any financial system
so nature will cleanse itself sooner or later
I agree that for peaceful life once should avoid this vicious cycle
There are many litigation which may arise in future

@Alpha.Barood
@DealSeeker

@A2Zdeals wrote:

@enapster wrote:

Use your better judgement while using these wallets to transfer money from CC to Bank account. You may gain some money on the interest and some points on your CC, but consider these:
1. Suddenly some wallet disables your account and you lose money, one loss will wipe out more than what you gained in all other transactions combined
2. These wallets and RBI are not fools, these transactions may be tracked.
3. Transferring from CC to bank is illegal (though wallets are allowing it), lead an ethical life, you will have more self-respect.

Yes all such transactions are already on radar of banks & they are wary of these
but I won’t call it illegal… There are limits in place, they monitor all such transactions, their risk management tracks every suspicious activity
currently system is accommodating these transactions but not for long
converting unsecured loans to working capital is definitely not the idea of any financial system
so nature will cleanse itself sooner or later
I agree that for peaceful life once should avoid this vicious cycle
There are many litigation which may arise in future

@Alpha.Barood
@DealSeeker

Read 2.5 here. Just because wallets are allowing it doesn’t make it legal.
https://rbi.org.in/scripts/NotificationUser.asp...

In Paytm app when I go to withdraw, it says the money deposited by me can only be withdrawn to the original source. Money that I have received from someone can be transferred to bank. This is the right implementation.

@sanjeevtomarji wrote:

@enapster wrote:

Use your better judgement while using these wallets to transfer money from CC to Bank account. You may gain some money on the interest and some points on your CC, but consider these:
1. Suddenly some wallet disables your account and you lose money, one loss will wipe out more than what you gained in all other transactions combined
2. These wallets and RBI are not fools, these transactions may be tracked.
3. Transferring from CC to bank is illegal (though wallets are allowing it), lead an ethical life, you will have more self-respect.

How could it be illegal. If it is illegal wallets wouldn’t have provided this facility

In Paytm app when I go to withdraw, it says the money deposited by me can only be withdrawn to the original source. Money that I have received from someone can be transferred to bank. This is the right implementation.

Money added to the wallet can be transferred after 48hrs only—-same like freecharge policy

Yes..
Like freechage but here you get excellent customer care services from airtel 24*7

@cody wrote:

@denz37 wrote:

I have transfered 5010 successfully.
Thus I came to know that it is free of charge.
Prev i t charges 100.

but for me it is calculatng the charges rs.100/- to transfer 5000/-

Airtel money customer care no

400

Toll free from airtel.
24*7
They are really helpful.
So that the advantage than other wallet

@denz37 wrote:

@cody wrote:

@denz37 wrote:

I have transfered 5010 successfully.
Thus I came to know that it is free of charge.
Prev i t charges 100.

but for me it is calculatng the charges rs.100/- to transfer 5000/-

Try with 5001 rs

yes tried working, thanks for the info.

VU + kg

@cody wrote:

@denz37 wrote:

@cody wrote:

@denz37 wrote:

I have transfered 5010 successfully.
Thus I came to know that it is free of charge.
Prev i t charges 100.

but for me it is calculatng the charges rs.100/- to transfer 5000/-

Try with 5001 rs

yes tried working, thanks for the info.

VU + kg

Is airtel money transfer 5001 working for non-kyc wallets?

I have done it.
In have no kyc

@denz37 wrote:

@cody wrote:

@denz37 wrote:

I have transfered 5010 successfully.
Thus I came to know that it is free of charge.
Prev i t charges 100.

but for me it is calculatng the charges rs.100/- to transfer 5000/-

Try with 5001 rs

True