pb logo
Search Credit Card  

Citibank MMID

Home Banking in India Citibank MMID

600 or 750? What's your credit
score? Check for FREE.

meter

Your credit health matters...

Your credit score is more than just a number. A better score can help unlock the things you want most - like a new credit card or best loan rates in the market.

Already have a report? Click Here

Free Credit Score

Get your credit report from multiple credit bureaus with monthly updates
Error: Enter a valid Full Name
Edit +91
Error: Enter a valid Mobile Number
Note: We will verify this number on the next step.
Error: Enter a valid Email Address
Error: PAN is required
Error: Date of Birth is required
Error: This is mandatory. We need to check availability of service in your area
City: Gurgaon
OTP Verification

Verify your mobile

Please enter the OTP we sent via SMS

Didn’t receive your OTP? Send it again
Your OTP resend limit exceeded. Please try again later.
Error: Please accept the undertaking to proceed further

There is some technical issue. Please try again later.

Updated: 23-06-2022 09:13:07 AM

Mobile Money Identifier (MMID) is a unique 7-digit code issued when you register for mobile banking service with your bank. The code allows you to transfer funds instantly through IMPS (Immediate Payment Service). An IMPS is an online fund transfer service that allows you to transfer funds in real time. To initiate a transaction all you need is bank account number and IFSC of the beneficiary or mobile number and MMID.

How to Get Citibank MMID

Initiating an IMPS transaction using the beneficiary’s bank account number and IFSC is the most common way to transfer money. But what if you don’t have the beneficiary’s bank account number or the IFSC? Or what if you don’t want to give an individual your bank account details? In such a case, the transaction can still be initiated with the help of the beneficiary’s mobile number and Citibank MMID.

  • To transfer funds through IMPS, you should have registered to mobile banking service with your bank.
  • If not, you can request for the service from Citibank India.
  • Forms required are available for download at the bank’s official website or on the net banking portal.
  • Once you have been registered for the same, you will be provided with MMID which can now be used for fund transfer.

The MMID code of Citibank is a code that consists of seven digits in which the first four digits are unique identification number of the bank which is offering IMPS service.

Benefits of Citibank India MMID

Given the fast-paced era in which we live today, it is quite common to need a way to make a transaction on an instant basis. Hence, digital payment mechanisms have become so common nowadays. There are various other benefits that MMID has to offer. Some of them are given below:

  1. Since you have MMID, you do not need to give your bank account details to another person for receiving money through IMPS.
  2. Transferring funds through IMPS using MMID and mobile number of the beneficiary is safe and secure.
  3. Initiating IMPS transaction using MMID and mobile number of the beneficiary is simple and convenient.

How to Transfer Funds using Citibank MMID

Using a Citibank MMID, customers can transfer funds safely through IMPS service. For this, a customer will need to use the mobile banking application of Citibank. After you download the app on your mobile device, follow these steps:

  • Log into your bank’s mobile banking application.
  • In the Send Money/Fund Transfer tab, go to the IMPS option.
  • Enter beneficiary’s mobile number, amount and their MMID. Beneficiary’s name might also be required.
  • The application will then ask for your Mobile PIN (MPIN) to authenticate the transfer.
  • Once you verify your MPIN, the money will be transferred to the beneficiary.

The bank will then send you a confirmation text message mentioning the transaction number. This message about the transaction shall also be sent by the beneficiary’s bank to the beneficiary.

Menu