If you ever desire to send money to India, you are probably always looking for new ways to do so. There are of course the traditional methods that have been around for years, such as financial institutions, money transfer services, and sending a prepaid debit card. However, now you can additionally use your phone to send money to India, which is good news if you have a relative there that needs your help financially.
As long as your relatives have Tata Indicom, which is a major cell phone provider in that nation, they can remit and receive money as much as they want. The service is called Green Money Transfer, as no paper is involved. It is all based on technology, and your relatives will just need to sign up for the service before they transfer or accept money.
After they sign up, they should go to the nearest location to them and request a transfer for up for 5,000 rupees. If you are sending money to them, they will simply need a transaction number in order to go to Green Tata PCO location near them to pick up the funds. This is after you have started the transfer on your phone. Though the program has limited locations right now, look for future expansion, or even other similar servicest that permit remittance from the phone.
If you want to send money to India through phone but do not have this cell phone provider, there are other choices. You may send them a prepaid debit card. Once you select a service from which to get the card, you can send it to your relatives, and then call the company to add money to the card. If your phone has Internet, you can also log on to add money that way. It will cost your relatives less than 50 rupees to use the prepaid debit card at retailers, and about 140 rupees every time they withdraw money from an ATM, no matter the amount. Each time you send money to the card, you will be charged a $5 fee, so sending large lump sums is more cost-effective than sending a little at one time. Either way, this method is often much less expensive than using a financial institution, and it is especially convenient if your relatives do not belong to a bank.
Whatever the reason you have to send money to India, there are numerous methods. Sending money from a phone is just more attractive to most people, and usually the cheapest choice. Whether you decide to use cell phone providers or a prepaid debit card, sending funds to family in India is doable without breaking the bank, or even having an account.
As long as your relatives have Tata Indicom, which is a major cell phone provider in that nation, they can remit and receive money as much as they want. The service is called Green Money Transfer, as no paper is involved. It is all based on technology, and your relatives will just need to sign up for the service before they transfer or accept money.
After they sign up, they should go to the nearest location to them and request a transfer for up for 5,000 rupees. If you are sending money to them, they will simply need a transaction number in order to go to Green Tata PCO location near them to pick up the funds. This is after you have started the transfer on your phone. Though the program has limited locations right now, look for future expansion, or even other similar servicest that permit remittance from the phone.
If you want to send money to India through phone but do not have this cell phone provider, there are other choices. You may send them a prepaid debit card. Once you select a service from which to get the card, you can send it to your relatives, and then call the company to add money to the card. If your phone has Internet, you can also log on to add money that way. It will cost your relatives less than 50 rupees to use the prepaid debit card at retailers, and about 140 rupees every time they withdraw money from an ATM, no matter the amount. Each time you send money to the card, you will be charged a $5 fee, so sending large lump sums is more cost-effective than sending a little at one time. Either way, this method is often much less expensive than using a financial institution, and it is especially convenient if your relatives do not belong to a bank.
Whatever the reason you have to send money to India, there are numerous methods. Sending money from a phone is just more attractive to most people, and usually the cheapest choice. Whether you decide to use cell phone providers or a prepaid debit card, sending funds to family in India is doable without breaking the bank, or even having an account.
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