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How to Transfer OLA Money to Friend/Bank

Updated: Dec 15, 2018 1:06 pm
How to Transfer OLA Money to Friend/Bank

OLA Money wallet:

Ola Money wallet is used to make the electronic payments. It is safe and secure. Customers can also get many offers on traveling, cashback offers. Ola money also provides recharge and bill pay services. You can also Pay with OLA money on various merchant sites like IRCTC, OYO,  Zopper, ZO Rooms, HealthKart, Explara, eTravelSmart, Shopclues, Cleartrip and many more.

Ola Add money offer: Add money using PayZapp & get up to Rs. 100 cashback

Transfer Ola Money to Bank Account

Make sure your OLA wallet is KYC updated otherwise please update KYC first and then try to transfer money to bank account.

  • Download OLA money application for Android | IOS,
  • Select withdrawal option,
  • Fill account details with IFSC code,
  • Fill amount you want to transfer,
  • Submit to next step,
  • FIll OTP & Transfer.

Please note that you will be charged at 4.76% to withdraw money to the bank account.

Transfer Ola Money to Friend

If want to transfer OLA money to your friend’s OLA money wallet follow steps below,

  • Open OLA cab app,
  • Select Ola money option from the left menu bar,
  • Select transfer option,
  • Enter your friend’s mobile number,
  • Enter the amount you want to transfer and click on the transfer button,
  • Now Click on Confirm button for processing the transaction,
  • After confirmation, your amount will be transfer to your friend’s OLA money wallet.

 Advantage of Ola Money

  • Fund OLA money using PayZapp @10% cashback up to Rs.100 & transfer to the bank may give you Rs. 53 profit.
  • Fund OLA wallet threw PayZapp @ 10% cashback and pay for IRCTC ticket can save your money 10% on train ticket booking,
  • Pay with OLA money is available at a number of merchants so it can be used as other wallets like, Paytm, Mobikwik, Or Freecharge with added benefits,
  • Pay directly from OLA money wallet for you cab booking at OLA Cab app,
  • The user can track Ola Money transactions.

Ola Money FAQ.

What is Ola Money?

It is a digital wallet to make cashless transactions like Paytm/Airtel money, Mobikwik and more.  Ola Money is powered by Zipcash/OLA Cab.

How do I access Ola Money?

Login into your Ola cabs app and choose “Ola Money” option from the left Menu Bar/Or Use OLA money app.

How can I recharge my Ola money?

After selecting Ola money, just select add money and enter an amount, and click on “Add Ola Money” button.

Add money using PayZapp can give up to Rs. 100

How can I save a card?

When you doing the payment, that time you click on ‘Save Card Details’ checkbox.

How can I delete a saved card?

When you making a payment, there is a ‘Delete’ option near every saved card. Just you need to click on delete to remove your card information.

How to pay for Cab using Ola Money?

Select OLA money as payment option while booking your Cab. Your OLA cab will automatically deduct money from OLA money wallet on ride complition.

Offers on other wallets like Ola Money

PayZapp | Mobikwik | Freecharge | Paytm


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