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 🙂

Ola money to bank transfer is not free now, it may charge some money.

How to Transfer Ola Money to Bank account:

  • First of all, Download Ola Money App Here.
  • Login/Sign up.
  • On Homepage of App, Under Payments Section, Click on Withdraw option
ola money to bank account option

This screenshot was taken on 09 Nov 2017

  • Enter your Bank Details, Submit and Confirm.
  • Now enter your OTP.
  • Bingo!!! Your Ola money will be transferred to bank account Instantly 🙂

Please note- You can’t transfer cashback to Bank account.

Recommended – Free Recharge Tricks || Refer and earn Apps.

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.

64 Comments
  1. Reply
    Arushi Gupta 24 December 2016 at 8:46 pm

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

    • Reply
      Admin 24 December 2016 at 8:57 pm

      It may be their server problem. Try again after some time. If it remains same please contact on Ola Money Customer care number- +91 80 6735 0900 or +91 22 3094 7900

  2. Reply
    Harish 1 January 2017 at 6:31 pm

    Both the C care nos u given above are showing as invalid

  3. Reply
    wunder 2 January 2017 at 12:47 pm

    unable to add payment using payzapp card

    • Reply
      Admin 2 January 2017 at 12:58 pm

      What error you are getting?

  4. Reply
    Ravi kumar 5 January 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 5 January 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 5 January 2017 at 5:07 pm

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

        • Admin 5 January 2017 at 5:37 pm

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

  5. Reply
    Royal vamshi 5 January 2017 at 5:13 pm

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

    • Reply
      Admin 5 January 2017 at 5:21 pm

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

  6. Reply
    Swamy 9 January 2017 at 6:41 am

    What is the monthly limit to transfer to bank?

  7. Reply
    Harsha 25 January 2017 at 7:06 pm

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

  8. Reply
    Ammy 27 January 2017 at 10:28 pm

    Is the bank transfer is instant.

  9. Reply
    Ammy 27 January 2017 at 10:30 pm

    Is bank transfer are instant

    • Reply
      Admin 27 January 2017 at 10:30 pm

      Yes

  10. Reply
    Ammy 30 January 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 January 2017 at 9:45 am

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

  11. Reply
    Rajeshwar reddy 1 February 2017 at 11:19 am

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

    • Reply
      Admin 1 February 2017 at 11:22 am

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

  12. Reply
    Dellibabu 2 February 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 2 February 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 2 February 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
    Ankit Agarwal 5 February 2017 at 7:25 pm

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

  14. Reply
    MOULALI 5 February 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 5 February 2017 at 10:40 pm

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

  15. Reply
    Ajit singh 24 February 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 February 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

  16. Reply
    Vaibhav Kamble 27 February 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 February 2017 at 10:58 am

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

      Howevery, you can write to https://twitter.com/olacabs, they will help you to unblock

  17. Reply
    Manish Kumar jha 3 March 2017 at 3:13 pm

    how can i transfer from ola money to bank account.

    • Reply
      Dinesh Sangwan 3 March 2017 at 6:01 pm

      Transfer through ola money app

  18. Reply
    Naresh 6 March 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 6 March 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.

  19. Reply
    Ram 22 March 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 March 2017 at 12:36 pm

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

      • Reply
        Ram Kumar 22 March 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.

        Regards,

        Team Ola Money

  20. Reply
    Sagar Kekade 6 April 2017 at 9:31 pm

    Hello,

    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 6 April 2017 at 10:45 pm

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

      • Reply
        bhumika 22 October 2017 at 11:38 am

        Can u help me to find other option instd of transfer money to bank? Because m anable to find this option in my app

  21. Reply
    Sumit 13 April 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 April 2017 at 3:20 pm

      Ola money have started charging 4% for money transfer now

  22. Reply
    Lav Bairoliya 15 April 2017 at 3:54 pm

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

  23. Reply
    Sushanth 26 April 2017 at 12:01 pm

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

    • Reply
      Dinesh Sangwan 26 April 2017 at 7:08 pm

      yes

  24. Reply
    Your Jeevan Kumar 29 May 2017 at 8:49 am

    I have sent ₹.2000 by ola money transfer when I was trying to sent,it asked me o my mobile number of the recipient.It didn’t ask me his Bank Account details.Yhe moment,I feeded the mobile number, I got the message that the money is transferred.
    Is it the method?Has the money reached the recipient?
    Please advise me.
    Jeevan Kumar

  25. Reply
    Ankit Singhal 19 June 2017 at 8:04 am

    Sir, could you tell me that if I transfer 1000rs in my bank account from ola money app three time in a day then will it take any charges. Please tell.

  26. Reply
    Pramod 4 November 2017 at 8:40 am

    In ola money app option of transferring money to bank account is not shown in the home page,please help me about that

    • Reply
      Dinesh Sangwan 9 November 2017 at 11:09 am

      Hey Pramod, I have updated new steps (Please check step 3). Also updated Screenshot.

      If you still don’t get option, please update your Ola money App to latest version.

      Please let me know if you further need any help regarding Ola money to bank transfer option.

  27. Reply
    vinod 8 November 2017 at 2:35 pm

    In ola money app option of transferring money to bank account is not shown in the home page,please help me about that

    • Reply
      Dinesh Sangwan 9 November 2017 at 11:11 am

      Hey Vinod, Please check 3rd Step (I have updated this post and latest steps today – 09 November)

      If you still need any help, please let me know 🙂

      • Reply
        vinod 9 November 2017 at 3:34 pm

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

        • vinod 9 November 2017 at 3:36 pm

          3rd step no available in my ola money apps

          kindly rectify in confirm urgent

        • Dinesh Sangwan 9 November 2017 at 6:33 pm

          Do you have the latest Version?

          I installed App today to check this option for you and I have it in my account.

          Please contact to Ola money customer care- https://www.facebook.com/OlaMoneyOfficial/

          They may assist you better.

  28. Reply
    Huzefa Kazi 18 November 2017 at 8:54 am

    Even i cant see the Withdraw option on IOS app. I have the latest updated IOS version of OLA Money.

    • Reply
      Dinesh Sangwan 18 November 2017 at 1:11 pm

      Hey, I checked in latest version of Ola Money Android App. It’s still showing this option. Please contact to Ola Money customer care or try in Android App.

  29. Reply
    Huzefa Kazi 19 November 2017 at 8:29 pm

    Ya, its available only for android. But Bank transfer charges are awfully expensive. Its 4% + GST come to around 5%.

    • Reply
      Dinesh Sangwan 22 November 2017 at 9:04 am

      Yes dear, Charges are high now.

  30. Reply
    Huzefa Kazi 22 November 2017 at 10:57 pm

    So now even if we transfer only 1000/- then also its not free?

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