Sending money has never been easier in today’s digital world. Whether you need to help a family member, pay your bills, or buy something online, your debit card makes it quick and safe. In this guide, we will show you all the ways you can transfer money from your debit card in India, step by step. 

What is a Debit Card? 

Banks issue a plastic or digital debit card, and this card allows you to spend money directly from your bank account. Unlike a credit card, which facilitates borrowing money, a debit card utilises the amount that is already present within your account. 

With a debit card, you can: 

  • Withdraw cash from ATMs 

  • Pay for goods and services online or in stores 

  • Transfer money to other bank accounts 

  • Pay utility bills and subscriptions 

Now, let's have a look at the different ways to transfer money using a debit card. 

1. Transferring Money via UPI (Unified Payments Interface) 

UPI is the most popular and fastest way to transfer money in India. With UPI, you can send money instantly using your debit card-linked bank account. 

Steps to Transfer Money Using UPI: 

  1. Download a UPI App: Install a UPI app such as Google Pay, PhonePe, Paytm, BHIM, or your bank’s UPI app. 

  2. Register and Link Your Debit Card: Enter your mobile number and link your bank account (associated with your debit card). 

  3. Set Up a UPI PIN: Enter your debit card details (last six digits and expiry date) and create a UPI PIN. 

  4. Transfer Money: 

  • Choose the recipient using their UPI ID, mobile number, or QR code. 

  • Enter the amount and confirm using your UPI PIN. 

  1. Transaction Completed: The money is instantly credited to the recipient’s account. 

Why Choose UPI? 

  • Instant and free money transfers 

  • Available 24/7, including weekends and holidays 

  • Secure with UPI PIN authentication 

2. Transferring Money via Net Banking (NEFT, IMPS, RTGS) 

If you have activated net banking, you can transfer money from your debit card-linked bank account through NEFT, IMPS, or RTGS. 

Steps for NEFT (National Electronic Funds Transfer): 

  1. Login to Net Banking: Visit your bank’s website and login using your credentials. 

  2. Add Beneficiary: Enter the recipient’s name, account number, IFSC code, and bank name. 

  3. Initiate Transfer: Select NEFT, enter the amount, and confirm. 

  4. Processing Time: The transfer is processed within a few hours (works only during banking hours). 

Steps for IMPS (Immediate Payment Service): 

  1. Login to Net Banking and choose the IMPS option. 

  2. Enter Details: Provide the recipient’s mobile number and MMID or their account number and IFSC code. 

  3. Authorise Payment: Enter the amount and confirm the transfer. 

  4. Instant Transfer: The money is sent immediately. 

Steps for RTGS (Real-Time Gross Settlement): 

  • Used for transferring large amounts (above Rs. 2 lakh). 

  • Follow the same process as NEFT, but the transfer is processed in real time during banking hours. 

Why Choose Net Banking? 

  • Suitable for larger transactions 

  • Available on bank websites and mobile apps 

  • Secure with OTP authentication 

3. Transferring Money via Mobile Wallets 

Many Indians use mobile wallets like Paytm, PhonePe, Google Pay, Amazon Pay, and Mobikwik to transfer money. 

Steps to Transfer Money Using Mobile Wallets: 

  1. Download and Register: Install a wallet app and register using your mobile number. 

  2. Link Your Debit Card: Add your debit card details to load money into the wallet. 

  3. Send Money: Enter the recipient’s mobile number or scan their QR code. 

  4. Confirm Payment: Enter the amount and complete the transaction. 

Why Choose Mobile Wallets? 

  • Convenient for small transactions 

  • Works without a bank account number 

  • Cashback and reward offer 

4. Transferring Money via ATM (Card-to-Card Transfer) 

Many ATMs in India allow you to transfer money from your debit card to another debit card. 

Steps for ATM Money Transfer: 

  1. Insert Your Debit Card: Enter your PIN. 

  2. Select Fund Transfer Option: Choose Card-to-Card Transfer. 

  3. Enter Recipient’s Card Number: Input the recipient’s debit card number. 

  4. Enter Amount: Confirm and authorise the transaction. 

  5. Transaction Completed: The transfer is processed instantly or within a few hours. 

Why Use ATM Money Transfer? 

  • Useful when net banking or UPI is unavailable 

  • Does not require an internet connection 

5. Transferring Money via Bank Branch (Offline Transfer) 

If you don’t have internet access, you can visit your bank branch to transfer money using your debit card. 

Steps to Transfer Money from a Bank Branch: 

  1. Visit the Bank: Carry your debit card and ID proof. 

  2. Fill the Transfer Form: Provide the recipient’s bank account details. 

  3. Swipe Your Debit Card: Bank staff will swipe your card and process the transfer. 

  4. Receive Confirmation: Collect the receipt for your transaction. 

Why Use Bank Branch Transfer? 

  • Ideal for senior citizens or non-tech users 

  • Secure and assisted service 

Important Tips for Secure Money Transfers 

  • Never share your PIN, OTP, or passwords with anyone. 

  • Use secure networks while making online transactions. 

  • Enable SMS alerts to track your transactions. 

  • Beware of fraud calls asking for your banking details. 

  • Update your UPI and banking apps regularly for security updates. 

FAQs on Transferring Money from a Debit Card 

1. Can I transfer money from my debit card to another bank account? 

Yes, you can transfer money from your debit card-linked bank account using UPI, net banking (NEFT, IMPS, RTGS), mobile wallets, or ATMs. 

2. Is there a limit on how much money I can transfer using my debit card? 

Yes, banks set daily transfer limits based on the method used (UPI, IMPS, NEFT, etc.), which can range from ₹1 lakh to ₹10 lakh per day. 

3. How can I transfer money using my debit card without the internet? 

You can transfer money offline by visiting an ATM (card-to-card transfer) or a bank branch to process the transaction. 

4. Can I use my debit card for international money transfers? 

Some banks allow international transactions using a debit card, but you may need to enable international usage and check applicable charges. 

5. How long does it take for money to transfer via debit card? 

UPI and IMPS transfers are instant, NEFT can take a few hours, and RTGS processes large transfers in real-time during banking hours. 

6. Is transferring money via a debit card safe? 

Yes, as long as you use secure platforms like UPI, bank apps, and ATMs while keeping your PIN, OTP, and banking details confidential. 

7. What should I do if a money transfer fails but the amount is deducted? 

Wait for a refund (usually within 24 hours); if not credited, contact your bank’s customer support with transaction details for assistance. 

 

Disclaimer: This page includes information that has been compiled from many sources and is only offered for informational purposes. Since this type of data might change over time, we cannot guarantee that the information supplied or included within it is accurate. It is anticipated that the user would confirm with the relevant source prior to taking any choices or actions.