How to transfer INR for buying Crypto using Bank transfer method (IMPS, Phonepe, Google Pay)?


In order to buy crypto with INR with Bank Transfer you can transfer using net banking (IMPS) or any of the UPI Apps such as PhonePe, Google Pay, PayTM etc.

 

Net Banking -

  1. Login to your bank's netbanking 
  2. Add the below bank account as a beneficiary 
    Account Number - 415100100000414
    IFSC Code - SRCB0000415
    Account Holder's Name - BLOCKSTORE PRIVATE LIMITED
    Account Type - Current
  3. Once the beneficiary is added, transfer the required INR using IMPS mode of payment. 
    Please make sure this is the same amount that you had entered on the Buy screen on Mudrex.
  4. Please note, IMPS is the recommended mode of payment for faster approvals. NEFT/RTGS can take more than 24 hours to be processed.
  5. Once the transfer is complete, copy the reference number (UTR) of the successful transfer and paste it in the box shown on Mudrex.

    Screenshot_20220111-122226__01__01.jpgmceclip0.png
  6. Click "I have transferred funds to the above account"

PhonePe

  1. On your PhonePe App, click "To Bank/UPI Id"
  2. Under Bank Accounts, click (+) 
  3. Enter the following details - 
    Account Number - 415100100000414
    Confirm Account number - 415100100000414
    IFSC - SRCB0000415
    Account Holder Name - Mudrex
  4. Click Confirm
  5. Enter the INR amount you wish to purchase (Min. Rs. 500/ Max Rs. 1,00,000) and click Send. Please make sure this is the same amount that you had entered on the Buy screen on Mudrex.
  6. Enter your PIN and complete the transfer. Do not close the app.
  7. Click "View Details" and enter the UTR number on the box shown on Mudrex

    Screenshot_20220111-125500__01__01.jpg     Screenshot_20220111-125711.jpgmceclip1.png
  8. In case you click Done or close the app by mistake, you can click on access your previous transactions on your PhonePe App by clicking on "History" on the bottom right.

 

GooglePay

  1. On your Google Pay app, click " + New Payment"
  2. Select "Bank Transfer"
  3. Enter the following details 
    Account Number - 415100100000414
    Re-enter account number - 415100100000414
    IFSC - SRCB0000415
    Recipient Name - Mudrex
  4. Click Continue
  5. Enter the INR amount you wish to purchase (Min. Rs. 500/ Max Rs. 1,00,000) and click Send. Please make sure this is the same amount that you had entered on the Buy screen on Mudrex.
  6. Enter your PIN and complete payment
  7. Once complete, click on the transaction to view it's details (screenshot for reference below)
  8. Enter the UPI transaction ID that you see on your Google Pay app in box provided on Mudrex
  9. Click "I have transferred funds to the above account" button

Screenshot_20220111-192703__01.jpg. Screenshot_20220111-192708__01__01.jpg mceclip2.png

If you have any questions related to this, please feel free to email us at help@mudrex.com.

 

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