It’s time India moved to cashless transaction due to demonetization, many OLA CAB users also downloaded its OLA money apps and used for many cashless transactions. By using this you can make the transaction of IRCTC ticket booking, movie ticket and make online shoppings. Before that some people feels it is a one-way transaction, it means we can’t move the fund to their bank account. Now OLA included this features you can revert the excess fund from OLA money to your bank account.
Move funds from OLA wallet to Bank
- Open the OLA Money app if you don’t have download and install
- Log in with your OLA cab registered mobile number
- IN the Wallet move the last menu, Transfer to bank
- In Transfer to bank area you have to enter Account number, beneficiary name, and IFSC code if you don’t know you can pick from GET IFSC CODE link
- Then enter the amount and click to continue button to send your bank account
You can possible to send INR 100 to 5000 at a time, service charges applicable for every transaction. This will credit your bank account within minutes. Also, the user can send the amount to another account by using mobile number, so we don’t worry about maintaining the fund in OLA money apps.