How to add funds via IMPS?

Created by Pratibha Shetty, Modified on Sat, 26 Apr at 12:29 PM by Pratibha Shetty

Mudrex provides a user-friendly and efficient method to deposit funds using Instant IMPS, enabling you to start your cryptocurrency investment journey swiftly. Here’s a comprehensive step-by-step guide to assist you through the process.

Step 1: Access the Mudrex Platform

  • Go to the Mudrex app. 
  • On the home page, click on the Deposit button and choose Deposit using Bank account. The money you deposit will be used to purchase USDT in your wallet.

Step 2: Enter the Investment Amount

  • Specify the amount in Indian Rupees (INR) you want to invest (e.g., Rs 2000).
  • Click on Continue to Pay.

Step 3: Select IMPS Transfer

  • Click on Send Using IMPS

Step 4: Add Mudrex as a Beneficiary

  • Open your Bank’s mobile app.
  • Navigate to the Add Beneficiary section.
  • Copy Mudrex beneficiary details from the App you can also refer:

    Account Holder Name

    RPFAS Technologies Private Limited

    Mudrex Account Number

    2302255653106760

    Mudrex Bank Name

    AU

    IFSC Code

    AUBL0002556

    Account Type

    CURRENT

Step 5: Initiate the IMPS Transfer

  • Use your bank’s IMPS transfer option (available in net banking and most banking apps).
  • Select the account type as Current Account and enter the amount you specified on Mudrex.
  • Confirm the transfer.

Step 6: Update the UTR details on the Mudrex

  • Please ensure that you copy the UTR from your payment app and add it in the Mudrex app. This UTR usually starts with "5" and is 12 digit number. Ensure it is correctly added for instant deposits else it might take upto 24 hrs for processing.


Please check this video for the step by step guide on how to transfer funds.


Important Note: When adding Mudrex as a beneficiary, ensure the nominee name matches your registered name on Mudrex. This helps us process & verify your transfer smoothly.


Read our detailed blog here

For any queries regarding Bank deposits or withdrawals, please don't hesitate to contact our support team at 080-35213000 between 10AM-7PM from Monday - Saturday.





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