VISA Money Transfer service provided by many banks in India allows you to transfer money from your bank account to any VISA Debit or Credit Card issued in India to pay your monthly outstanding bill. You can pay bills of multiple Visa Credit Cards issued by any bank. You can say VISA Money Transfer is alternative and much faster than Demand Drafts, cheques and encashing the same.
Also, checkout Instant Money Transfer provided by AXIS bank, this service allows you to send cash pyment information to the receiver phone muber as SMS, anywhere in India at a very low cost.
VISA Money Transfer – Banks
Visa Money Transfer (VMT) is an online service, you can login to your Internet Banking account to avail this service. The following banks offer VISA Money Transfer (VMT) facilities
State Bank Of India
HDFC Bank
HSBC India
ICICI Bank
Axis Bank
Barclays Bank
Standard Chartered Bank
Development Credit Bank
Deutsche Bank India
DBI Bank
Canara Bank
IndusInd Bank
Kotak Bank
Standard Chartered Bank
UTI Bank
Catholic Syrian Bank
Centurion Bank of Punjab
Citibank
Corporation Bank
Development Credit Bank
VISA Money Transfer Features
- Pay bills of multiple Visa Credit Cards issued by any bank
- Transfer funds from your account to any Visa Card (debit or credit) within India
- You can also schedule a payment for a future date
- No need to wait in queue up at Bank branches
- Track the bill payments you have already made
VISA Money Transfer Transaction fee
A nominal service charge will be debited for each VISA money transfer transaction. Check with your bank for the transaction fee, it will be between Rs 10 to 20 depending on the bank. ( SBI charges Rs 15 and HDFC Bank charges Rs 20 per transaction).
