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HDFC Bank launched mobile app Chillr to instantly transfer money to any person in India

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HDFC Bank announced the launch of Chillr, a mobile app which allows users to instantly transfer money to any contact in their phone book.  Chillr is a first of its kind application that is linked directly to the customer’s bank account, so there is no need to worry about filling up a prepaid wallet

Points to Remember:

  • HDFC has partnered with MobME, a Kochi based technology firm to launch this app.
  • The launch was announced on 18th March 2015.
  • The Bank will charge Rs 3.50 along with service tax for each transaction.
  • A user could transfer a maximum amount of Rs 5,000 and could do 10 transactions per day.
  • The app is widely accessible as it works on Android and iOS operating systems and will soon be launched for Windows phones as well, they added.
  • It can be accessed only with M-PIN known to the customer alone.
  • Chillr allows users to send money in three simple steps:-
    •  choose the recipient from list of Chillr contacts.
    • enter the amount to be transferred.
    •  a message to recipient, enter secret M-PIN & press PAY.