State Bank of Hyderabad is a nationalized bank in India, with headquarters at Hyderabad, Telangana.

It is one of the five associate banks of State Bank of India and is one of the scheduled banks in India.

Inter-bank Mobile Payment Service is a new facility added to Mobile Banking Service.

It facilitates funds transfer to an account of the beneficiary with a participating bank, based on beneficiary’s Mobile Number and MMID.


Here I am telling you steps for sending money under IMPS Facility of this Bank:

-You should be a registered user of Mobile Banking Service of the Bank.

-If you are not a user, please register yourself for mobile banking service.

Three simple steps are

Get user id and default MPIN by sending SMS MBSREG to 9223440000 or 567676.

Download mobile banking application on your mobile phone and change MPIN

Visit an ATM or Branch for activating your mobile banking service

-Get beneficiary’s Mobile number and MMID

-Send money to the beneficiary following the menu options in the mobile banking application.

Funds Transfer > IMPS-Mobile to Mobile Transfer > Payee mobile number > Payee MMID > Amount > Select account to be debited > MPIN > Confirm

At present, under IMPS you can make remittance to accounts maintained with the following 34 banks.

-State Bank of India

-ICICI Bank

-Bank of India

-Union Bank of India

-AXIS Bank

-YESBANK

-State Bank of Bikaner & Jaipur