RBL Money Transfer Service (BC Agent)

Oxigen in conjunction with Ratnakar Bank have launched a new money transfer service.
This would enable customers to be able to transfer up to Rs 25,000 without KYC and up to Rs 2, 00,000 with KYC.

Oxigen is working with Ratnakar Bank to enhance its base of Money Transfer Agents. The retailers who sign up for this service become Ratnakar Bank Business Correspondent Agents after RBL's approval. These retailers would be permitted to make Electronic Fund Transfer/Money Transfers on behalf of customers enabling them to do remittance to any bank using IFS code and Bank account number.

  • Instant Transfer to more than 100 banks using IMPS (Interbank Mobile Payment System).
  • NEFT Transfer to more than 170 banks.
  • Service available on all days including on National and Bank Holidays.
  • Extended banking hours.
  • Earning potential on all transactions.
  • Transfer up to Rs 25,000 without KYC and up to Rs 2, 00,000 with KYC.
  • Instant Transfer to more than 100 banks using IMPS (Interbank Mobile Payment System).
  • NEFT Transfer to more than 170 banks.
  • Service available on all days including on National and Bank Holidays.
  • Extended banking hours.
  • Transfer up to Rs 25,000 minimum KYC and up to Rs 2, 00,000 with KYC.

RO's must have OMTS subscription to avail RBL Money Transfer Service. To subscribe for this service you need to fill the CSP form available with the Sales Representative servicing you. Once the CSP form is received by Oxigen, agent will be activated within 2 business days subject to approval of the agent from the bank.

Donload Enrollment Forms Click Here.

Transaction Amount Min. Customer Charge
Upto 1000 Rs. 10 Flat charge with inclusive of taxes
1001 - 5000 1% of transaction amount(Including taxes)

Maximum Limit Per Transaction: 5000
Maximum Limit per month per remitter: 25000

Write to: customercare@myoxigen.com or call 0124-66 55 222. To get a call back, SMS OXIMID to below numbers,

Location Number
For Delhi/NCR/Other states 9971 888 888
For Karnataka 9731 888 888
For Maharashtra/Other States 9967 878 888
Tamil Nadu 9500 100 005
Andhra Pradesh 9963 900 600
West Bengal 9163 888 888
top