How to transfer funds from Kotak mahindra bank to Pi42 wallet

Step 1: You need to enter the Deposit amount on Pi42.com and Select Manual bank Transfer and create Deposit
Step 1                                                                          Step 2    
      

Step 2: As soon as you click on "create order ID."you'll get your Unique deposit Id 49040a6627 and the bank information where you need to deposit the funds. Copy your UDI and Paste it in the remarks section while making the transfer on your A banking app”

    

Step 3: Login to your Kotak mahindra mobile banking app

Step 4: Click on Transfer money



Step 5: Tap on ‘Send Money’. 

Step 6:Then click on the ‘Add Beneficiary’’ tab

 

Step 7: Select ‘Other Banks’ from the drop down list in the ‘Select Bank’ option. Then search for the IFSC code, and confirm that it is Equitas Small Finance Bank.

Step 8: Enter the new payee account details, that is, [Account No. / IFSC Code / Beneficiary Name / Remarks]. Paste the copied UDI in remarks section.

Step 9: In account type, you can select ‘Current’ and then ‘Continue’.

Step 10: Double-check the details you've entered and tap ‘Submit’.

Step 11: You will receive a Beneficiary Activation Key on your registered mobile number. Please enter the same and tap ‘Activate’ to add the new beneficiary.

Step 12: It may take 2- 4 hours for the new beneficiary to be activated. However, you can transfer funds soon after adding the beneficiary. The funds will be processed as soon as the beneficiary is activated.

                                                                                 Transfer Funds

Step 1: Once the beneficiary is activated, select the ‘Transfer Now’ option and continue. 


Step 2: Enter the amount to be transferred, then click on continue 

Step 3: Select IMPS in the ‘When to pay’ section and ‘Continue’.

Step 4: Check the details you've entered and tap ‘Confirm & Pay’.

Step 5: Please enter the MPIN to confirm the transaction



Step 6:Once you enter the MPIN, your payment will be successful

Complete the deposit process in Pi42 web

You will receive an SMS with the UTR Transaction ID (Reference ID).  Enter the unique transaction reference number provided by your bank.

Click 'Confirm Deposit. You can find this number under the transaction details in your banking app.

Note: You may also find the Transaction/Reference ID on your banking app payment successful page.