How to deposit INR in your CoinSwitch wallet via bank transfer?
It's simple! Watch the video below or follow these steps:
- Click on "Deposit INR" on the homepage of your CoinSwitch app.
- Enter the amount you’d like to deposit and click on "Deposit".
- You can deposit between INR 100 and INR 50,00,000 and there is no deposit fee.
- Select "Bank Transfer".
- Note down your unique user reference ID details displayed on the screen which include Beneficiary Name, Bank Name, Account Number, IFSC code, and Account Type. These details are to be added as a beneficiary in your bank account to proceed with the bank transfer.
- Log in to your net banking account of the bank linked to your CoinSwitch account.
- Add a new beneficiary with the details you noted down earlier from your CoinSwitch app.
- Once the beneficiary is activated, transfer the amount you which to deposit in your CoinSwitch wallet to this newly added beneficiary.
How to add beneficiaries for different banks?
SBI (iOS/Android/Web): Login > Bank Account - Transfer to own/other account > Other Bank > Pay a new Beneficiary > Other Bank Account > Enter beneficiary details > Next > OTP & Once payee is added: Bank Account - Transfer to own/other account > Select the beneficiary > Transfer > OTP
Axis Bank (iOS/Android/Web): Login > Payments > Fund Transfer > ADD PAYEE > Other bank account > Enter payee details > OTP & Once payee is added: My Payees > Select Payee > Transfer > OTP & Once payee is added: Fund Transfer > Select the beneficiary > Enter the amount > Transfer > OTP
ICICI Bank (iOS/Android/Web): Login > Send Money > Add Payee > Enter payee details > Proceed > OTP & Once payee is added: Send Money > Select the payee > Enter the amount > Transfer > OTP
HDFC Bank (iOS/Android/Web): Login > Pay > Money transfer > Add/Manage Payee > Add Payee > Enter payee details > Continue > Confirm > OTP & Once payee is added: Add/Manage Payee > Select the payee > Enter the amount > Transfer > OTP
Bank of India (iOS/Android/Web): Login > Fund Transfer > Add Beneficiary > IMPS - Account No + IFSC > Other Bank Account > Enter payee details > OTP & Once payee is added: Fund Transfer > Select Beneficiary > Enter the amount > Transfer > OTP
Kotak Mahindra Bank (iOS/Android/Web): Login > Pay & Transfer > Transfer Money > Beneficiaries and UPI ID > Add Beneficiary > Enter beneficiary details > OTP & Once payee is added: Transfer Money > Select the beneficiary > Enter the amount > Transfer > OTP
Punjab National Bank (iOS/Android/Web): Login > Add Payee > Other > Enter payee details > OTP & Once payee is added: My Payees > Select the payee > Enter the amount > Transfer > OTP
Union Bank of India (iOS/Android/Web): Login > Fund Transfer > Payee Transfer > Add New payee > Other Bank > Enter payee details > OTP & Once payee is added: Fund Transfer > Select the payee > Enter the amount > Transfer > OTP
Canara Bank (iOS/Android/Web): Login > Other Banks (IMPS) > ADD NEW > Other Bank > Enter payee details > OTP & Once payee is added: Other Banks (IMPS) > Select the payee > Enter the amount > Transfer > OTP
Bank of Baroda (iOS/Android/Web): Login > Fund Transfer > Non-BOB Account Transfer > Add Payee > Other Bank > Enter payee details > OTP & Once payee is added: Fund Transfer > Select the payee > Enter the amount >Transfer > OTP
Paytm Payments Bank (iOS/Andriod/Web): Disabling UPI: Login > Profile > Payment Settings > UPI & Linked Bank Accounts > ⋮ > Disable UPI > Ok & Once UPI is disabled: Home screen > Paytm Bank > Login > Money Transfer > Enter Bank A/c Details > IDBI Bank > set the input format to ABC > Add the beneficiary details > Ok, Got It > Go to Paytm Payments Bank screen > Money Transfer > Recents > Select the beneficiary name > Enter the amount > Pay
We do not accept deposits made through NRE/NRO accounts.