MMID IDBI Bank

Updated: 01-06-2022 06:20:20 AM

Founded in 1964, IDBI (Industrial Development Bank of India) is a provider of personalised banking and financial products and services to its customers in the retail and corporate banking sectors through its wide network of branches. The bank offers mobile banking services to manage a variety of banking services in a hassle-free manner. IDBI Bank has introduced a user-friendly and simple ‘Go Mobile’ app to make internet banking simple and convenient for its customers. With the help of this app, the customers can access banking services even during the non-banking hours. To assist IDBI account holders to conserve their precious time, the bank allows them to transfer funds, pay credit card bills etc., with the use of ‘Go Mobile’ app.

Advantages of Using IDBI Mobile Banking

There are several benefits of mobile banking feature that the can be summarised as follows:

• Accessing IDBI Bank mobile banking helps save time, since there isn’t need to visit the bank.
• With the help of mobile banking, the customer is updated about his/her account status on a frequent basis.
• Since, the customers are kept aware regarding every transaction processed through their account, you can count on mobile banking to safeguard against fraud.
• With IDBI’s Go App you can easily settle bills on a timely basis.
• Customers can transfer funds to different bank accounts, which has become quite common these days.
• Mobile banking can be termed economical since using the service is indeed free of cost.

MMID IDBI Bank

With the introduction of technology and its implementation in the banking sector, things have changed drastically to surely benefit the customers. We all know that, even if there is no internet connection, still you can access mobile banking by using USSD code. However, with this service we also should know about MMID and mPIN which are quite important. To be precise, MMID is basically Mobile Money Identifier, whereas MPIN is offered as your password.

Considering the MMID, the first 4 digits form a unique identification number related to the bank, while the last 3 digits help to identify the bank account. Whenever you activate your mobile banking service, the MMID and mPIN will be delivered to you via SMS. Hence, if you do not have mobile banking then quickly get it activated and aim to generate the mobile MMID IDBI Bank.

Steps to Activate MMID IDBI Bank

In order to generate MMID for your mobile banking service with IDBI Bank, there are two different methods which can be opted:

• Simply visit the website: https://mremit.idbibank.co.in and provide your designated Customer ID as well as login password. From here just click on view MMID.
• Or, you can directly send a SMS ‘MMID’ to 5676777.

IMPS & MMID – IDBI Bank

Presently, there are a variety of banks in India which offer the service for fund transfer using several mobile banking channels. It is essential for the active IDBI customers to enroll themselves for this service by sending a request to the bank.

Once the registration is done you will be offered the MMID number. Whenever the remitting customer needs the beneficiary’s detail for accessing fund transfer via IMPS, there is a requirement to provide the beneficiary’s mobile number and MMID. Do remember, that the charges for IMPS remittance are decided by the bank itself.