How To Transfer Ola Money to Bank Account

Now you can transfer your ola money to bank account at 0% charges. Ola money has provided a new feature to transfer ola money to bank account via IMPS. i.e. your Ola money cash will be transferred to bank account Instantly. It’s free Up to 1000 Rs, after that it will charge 4%. So transfer your ola money in parts to bank account 🙂

Tip- Please Don’t use same bank account for two Ola accounts else your account shall be blocked.

Update- now they are charging 4% to transfer ola money in bank. So it’s not free now.

How to Transfer Ola Money to Bank account:

  1. First of all, Download Ola Money App Here.
  2. Login/Sign up.
  3. Scroll Down on Homepage and Click on Transfer to Bank option.
  4. Enter your Bank Details, Submit and Confirm.
  5. Now enter your OTP.
  6. Bingo!!! Your Ola money will be transferred to bank account Instantly 🙂

Recommended – Paytm Offers

Ola Money To Bank Transfer Limits

  1. (Increased) Daily Bank  Transfer Limit – 4000 Rs (Max 3 Transactions per day)
  2. Monthly Bank Transfer Limit- 25,000 Rs

Terms & Conditions:

  • Minimum amount to Transfer is Rs 1000
  • Up to 1000 Rs its free, So transfer in your bank account in parts.
  • You can also transfer ola cashback.

Also See- Latest Recharge Offers

So, this post was about How To Transfer Ola money to Bank account. If you have any trouble in transferring your ola money cash to bank account, Just drop a comment below. I will help you as soon as possible 🙂

Tags:- Ola money to bank account, Transfer ola money, Transfer Ola money cash to bank account, ola money balance to bank.

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  1. Reply
    Sushanth 26/04/2017 at 12:01 pm

    Hey Will the 4% be levied even for amounts less than INR 1000?

    • Reply
      Dinesh Sangwan 26/04/2017 at 7:08 pm


  2. Reply
    Lav Bairoliya 15/04/2017 at 3:54 pm

    Hi, in my app there is no such option “transfer to bank”. Please suggest.

  3. Reply
    Sumit 13/04/2017 at 3:10 pm

    I tried to transfer money to bank account of i select 100 or 1000 whatever is amount it’s been charged with 4% fee why…? I use before that time I was not charged with fee of 4% but now it’s been charged don’t know why..pls help

    • Reply
      Dinesh Sangwan 13/04/2017 at 3:20 pm

      Ola money have started charging 4% for money transfer now

  4. Reply
    Sagar Kekade 06/04/2017 at 9:31 pm


    I have transfer the amount to Bank but I am not getting what I transferred. For instant, if I transfer the amount of Rs. 7962 the about credited to bank is Rs. 7610. So it means I am getting Rs. 350 less.

    • Reply
      Dinesh Sangwan 06/04/2017 at 10:45 pm

      Update- Hey it’s free upto 1000 Rs only. After that ola money will charge 4%

  5. Reply
    Ram 22/03/2017 at 9:44 am

    Dear sir
    I am unable to see the transfer to bank option for Ola money in my iPhone
    Is it available only for androids? Pls help me

    • Reply
      Dinesh Sangwan 22/03/2017 at 12:36 pm

      Pardon me Ram! I don’t know about this feature in IOS

      • Reply
        Ram Kumar 22/03/2017 at 2:14 pm

        Greetings of the day!

        Thanks for writing to us,

        This to keep you inform that, the withdraw facility is not live on IOS and Windows platform, however, we are working in order to get the option live on both the platform.
        We value your business and kindly write to us for further assistance.


        Team Ola Money

  6. Reply
    Naresh 06/03/2017 at 4:02 pm

    Today I added money in my wallet but I am unable to transfer money to other and bank account also. may I know the reason? 9866552852

    • Reply
      Dinesh Sangwan 06/03/2017 at 5:14 pm

      Dear many people have reported about this issue. It’s working for some users and not for others.

      So, if it is not working for you then better use it somewhere.

  7. Reply
    Manish Kumar jha 03/03/2017 at 3:13 pm

    how can i transfer from ola money to bank account.

    • Reply
      Dinesh Sangwan 03/03/2017 at 6:01 pm

      Transfer through ola money app

  8. Reply
    Vaibhav Kamble 27/02/2017 at 8:31 am

    Hey, my account is not able to transfer any amount, what to do now? It’s always shows that this account is temprory disable to transfer any amount

    • Reply
      Dinesh Sangwan 27/02/2017 at 10:58 am

      May be you have used same bank account number in two ola accounts.

      Howevery, you can write to, they will help you to unblock

  9. Reply
    Ajit singh 24/02/2017 at 12:22 pm

    How can we transfer cashback earned from ola money recharge(20℅add money)only amount which i add transferred to account. Any solution to trnsferr olamoney and freecharge cashback to send bank account.

    • Reply
      Admin 24/02/2017 at 12:30 pm

      You can directly transfer ola money from app, However it is not working for some users and working for others. I will update if i find any way to transfer fc cashback to bank

  10. Reply
    MOULALI 05/02/2017 at 10:27 pm

    Heyyy admin, it seems daily transfer limit increased to 4k.

    Note latest Daily Bank Transfer Limit – 4000 Rs, Monthly Bank Transfer Limit- 25,000 Rs.

    • Reply
      Admin 05/02/2017 at 10:40 pm

      Thanks for Update bro, I will update on post after verifying

  11. Reply
    Ankit Agarwal 05/02/2017 at 7:25 pm

    When I am trying to transfer it says- Transfer has been disabled for this account. Please help

  12. Reply
    Dellibabu 02/02/2017 at 9:02 am

    Hi , How much amount i can transfer to nbank account from my OLA money APP per month . and what are the charges applicable

    • Reply
      Admin 02/02/2017 at 9:58 am

      1. Daily Bank Transfer Limit – 3000 Rs (Max 3 Transactions per day)
      Monthly Bank Transfer Limit- 25,000 Rs

      2. Upto 1000 Rupees Per transaction is free, So please transfer in parts

      • Reply
        venkat 02/02/2017 at 2:58 pm

        Sir I am added money to ola money wallet first time but I can’t send to balace to my bank account it’s saying anble to process

  13. Reply
    Rajeshwar reddy 01/02/2017 at 11:19 am

    It shows that the service is temporarily unavailable. What to do??

    • Reply
      Admin 01/02/2017 at 11:22 am

      Dear, you have to wait in this case, We can’t do anything.

  14. Reply
    Ammy 30/01/2017 at 9:42 am

    Will I get 50₹ referral money and 100₹ cashback both when I add 1000₹ to ola money app using Payzapp

    • Reply
      Admin 30/01/2017 at 9:45 am

      Yes but only if you download Payzapp for first time using valid referral code

  15. Reply
    Ammy 27/01/2017 at 10:30 pm

    Is bank transfer are instant

    • Reply
      Admin 27/01/2017 at 10:30 pm


  16. Reply
    Ammy 27/01/2017 at 10:28 pm

    Is the bank transfer is instant.

  17. Reply
    Harsha 25/01/2017 at 7:06 pm

    I am not able to find any transfer to bank option on the home page of the app

  18. Reply
    Swamy 09/01/2017 at 6:41 am

    What is the monthly limit to transfer to bank?

  19. Reply
    Royal vamshi 05/01/2017 at 5:13 pm

    I tried transfer amount..
    Error show..
    Bank transfer Temporarily disabled this account.

    • Reply
      Admin 05/01/2017 at 5:21 pm

      Your account is blocked. Kindly ask to ola customer care.

  20. Reply
    Ravi kumar 05/01/2017 at 9:02 am

    I used Same bank account on two ola account.
    So bank transfer account block. 🙁
    How unblock to bank transfer please admin provide me solution.

    • Reply
      Admin 05/01/2017 at 10:56 am

      I already warned in post Ravi. Now you can ask ola to unblock your account by saying that another account is of my family member and we have only one bank account. It may work 🙂

      • Reply
        Ravi kumar 05/01/2017 at 5:07 pm

        Admin …
        I tried transfer amount..
        Error show..
        Bank transfer Temporarily disabled this account.

        • Admin 05/01/2017 at 5:37 pm

          Your account is blocked Ravi. Kindly ask to ola customer care.

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