SBM: How to transfer funds?

You can transfer funds from your Niyo SBM account to any other bank account in India. 

You can follow these simple steps:

1. Log in to your Niyo App
2. Click 'Transfer'
3. Click on 'Transfer Funds'
4. Enter the amount you want to transfer (upto 1 lakh per day/ per beneficiary)
5. Add New Payee
6. Make the fund transfer

You can also use Quick Transfer feature to send money without adding a beneficiary. However, the limit for the Quick Transfer feature is ₹25,000. Once a payment is made, it cannot be cancelled or reversed.