MMID stands for Mobile Money Identifier. It is a term related to Banking, Useful Terms and Definitions which we use in daily life but we do not know their full name, Here’s a list of important abbreviations that you should know.
|Mobile Money Identifier
What is full form of MMID?
The full form of MMID is the Mobile Money Identifier. Mobile Money Identifier (MMID) is a seven digit unique number issued by the bank to its customer on registration for Immediate Payment Service (IMPS). IMPS is an real time inter-bank electronic fund transfer service through mobile phones. IMPS can be used to transfer and receive funds using the registered Mobile number and MMID or Account number and Indian Financial System Code (IFSC). IMPS service is available 24×7, throughout the year including Sundays and any bank holidays.
Here you learn the full name and complete information of Mobile Money Identifier, if you have questions and answers related to MMID, then tell us your thoughts in the comment, know the complete meaning of MMID in this article.
Customers registered for SMS banking send SMS “MMID UserID” to 9223440000. If you are not registered for Mobile Banking Service, You can also generate MMID for all your accounts by sending SMS “MMID <Bank Code> <11 digit Account number>” to 9223440000 to Generate MMID.
Mobile Money Identifier also known as MMID is a 7-digit unique number that allows the user for Immediate Payment Service (IMPS) and the MMID is given by the bank upon registration. … MMID feature is commonly used when one is looking to transfer funds through IMPS by using their mobile number.
Send SMS to 9223440000 typing ‘MMID SBI account number‘ to retrieve the MMID for your particular account. Send SMS to 9223440000 typing ‘MMID SBI‘ to retrieve MMID number for all your SBI accounts. You can also retrieve MMID number for your State Bank of India account by placing an application at home branch.