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In this demonetisation your way of approach in digital will make you to feel like Superstar. Here below one of the way where you can check your Account balance, Mini statements, Transfer funds through IMPS & can Create a MPIN.
Unstructured Supplementary Service Data (USSD)
While most of the cashless methods of financial transactions mandate use of a smartphone, the USSD method works on the voice network and can work on a feature phone without an internet connection as well. As far as the functionality to check a bank account balance is concerned, it is as simple as checking the phone’s prepaid balance.
The service, which works only if a mobile phone number is registered with one or multiple bank accounts, works upon dialing *99# from the phone keypad. The phone sends a USSD message asking for the first three letters of the bank or its short name, or the first four letters of the IFSC code. For example the account holder of State Bank of India should enter ‘sbi’, that of State Bank of Bikaner and Jaipur should enter ‘sbj’, ICICI Bank account holder should enter ‘ici’, and so on.
The phone then fires a message with options to check account balance or transfer money of the bank account that is selected. Checking balance is simple, but transferring money requires a UPI-like method, which needs the MMID.
Apart from English, the USSD banking service, also known as National Unified USSD Platform, is also available in 11 other languages. The short codes to access the languages are *99*22# for Hindi, *99*23# for Tamil, *99*24# for Telugu, *99*25# for Malayalam, *99*26# for Kannada, *99*27# for Gujarati, *99*28# for Marathi, *99*29# for Bengali, *99*30# for Punjabi, *99*31 for Assamese, and *99*32# for Odia.
Be a #digitalcashstar
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