Blogs

2025-08-17
Get 3 Free Bank Transfers Every Month Using MyPay

We live in a digital world where sending money is part of our daily routine. Whether it’s paying bills, sending money to family, or managing multiple bank accounts, transfers happen all the time. But have you ever stopped to think about how much you’re spending just on service charges for these transfers?

But here’s the good news: with MyPay, you can cut down those costs significantly. How? By using the “My Banks” feature, you can make up to three free bank transfers every month to your own saved bank accounts up to Rs. 2,00,000 daily without any service charge! Even better, if you need to transfer more than three times a month, the service charge is just Rs. 5 per transfer below Rs. 4,999.

How Does It Work?

Getting started with MyPay’s free bank transfer feature is quick and simple. Here’s a quick guide to set it up:

Step 1: Open the MyPay app
Step 2: Click on the “Bank” option at the bottom of the dashboard next to the QR Code icon.
Step 3: On the screen, tap on “My Banks.”
Step 4: Click on the “+” (plus) icon at the bottom corner of the screen.
Step 5: Fill in your bank name, branch, and account number, then click “Save Bank.”

That’s it! Now, when making transfers, you can simply go to “My Banks,” select your saved account, and send money easily without any service charge—up to three times per month.

Benefits of Using MyPay’s Free Bank Transfer Feature

  • Save Money: Enjoy up to three bank transfers every month without any service charges, helping you keep more of your hard-earned money.
  • Convenience: Save your multiple bank accounts once and transfer funds easily without re-entering details every time.
  • High Limits: Transfer up to Rs. 2,00,000 daily free of charge—perfect for most personal and business needs.
  • Low Fees After Free Transfers: If you exceed your free transfers, enjoy low service charges of only Rs. 5 per transfer below Rs. 4,999, way cheaper than other apps charging double!
  • Per Transaction: The per-transaction amount is Rs. 100,000.
  • Secure & Reliable: MyPay ensures your transactions and data are protected with top-level security.

Let’s be honest: nobody likes paying extra fees. With MyPay’s free transfer feature, you don’t have to. It’s simple, convenient, and saves you money every month. So why wait? Download the MyPay app now, save your bank accounts under “My Banks,” and start enjoying those free transfers today. Every little bit saved counts—and with MyPay, managing your money just got a whole lot smarter.