The Mobile Money Identifier is a unique seven-digit number that is allowed by the bank to each customer. To receive the funds through IMPS by the use of this number. When you register your phone number and email id with your saving account then your bank provides you with the MMID number.
How do you get your MMID number?
You need to fill out the application form for mobile banking and the form is provided by the bank to get your MMID number. The bank will send you the MMID number and M-PIN to your registered mobile number. You can apply online on the website for mobile banking.
How To Use MMID for Fund Transfer
From the respective app, you need to log in to mobile banking. You need to choose the fund's transfer option. Now choose IMPS. Enter the details and verify the same also.
Get MMID through Net Banking
You need to visit the website of the respective bank.Provide all login credentials. On the home page and click on the MMID option After providing all the details and verifying them.– Then MMID will be generated to your account.
MMID through Phone Banking
Through your phone's banking number, make a call. As per your convenience, select the language. Ask the bank representative to generate the MMID number. The bank will send the MMID number within 24 hours to your registered mobile number.
Features
The bank will provide the MMID number as soon as possible.To make the transaction using MMID it is necessary to activate mobile banking.
MMID in SMS Banking
Through the SMS services of your respective bank, you can transfer money. But the format is different from bank to bank but to transfer the money you can use the MMID number.