STATE BANK BUDDY -MOBILE WALLET

State Bank Buddy is a mobile wallet application which enables customers to perform many financial transactions viz., Bill Payments, Online Shopping, Booking Hotels, Flights and Movie tickets, Mobile/DTH recharge etc,. This works like a virtual account where customers have to recharge the wallet and use it to make transactions.

Get it on Google Play

Pre-requisites:

  • A smart phone with Android Operating System.

  • Internet connection to the Mobile Phone.

 

Features:

 

  • Add money to your wallet by using your debit card or net banking or IMPS.

  • Send money to any contact in your phonebook or Facebook

  • Ask money from another State Bank Buddy and track the requests of money owed by you and owed to you.

  • Transfer money instantly from wallet to any bank account using IMPS.

  • Recharge you mobile/DTH and pay bills using the application

  • Buy movie/ flight/ bus tickets

  • View your balance and transaction summary

Presently, the State Bank Buddy is available in 13 languages.

Usage:

Customers may download the application from Google PlayStore in their Android Mobile phones. Register the wallet with the combination of their mobile number and mail id or any social network credentials.

After successful registration, customer have to add money to the wallet in order to start using the application. Once the money is added, the application allows to perform the transactions. Adding money can be done in many ways like transferring amount from Internet Banking/Debit Card/Credit Card/IMPS or one user may ask money from other wallet user by sending a request from the application. Other user can remit the amount by accepting the request by first user.

 

Presently, Transcation Limit on Wallet. 

 

Limits per wallet

Maximum balance at any point of time

10,000/-
Top up through any channel per transaction 10,000/-
Total reload in a month 10,000/-
Total transactions (merchant transactions and fund transfers)
- Daily limit
- Monthly limit

 

15,000/- 

20,000/-

Fund transfer
- Per transaction limit
- Daily limit
- Monthly limit

 

5000/-

5000/-

20,000/-

Cash out at ATM per transaction Not Allowed