Mobile Money Identifier (MMID) Last Updated : 12 Aug 2022

Mobile Money Identifier, which is also abbreviated as MMID, is a seven digit unique number that is used for interbank transfer during mobile banking using the MMID feature. Each account holder will have an MMID and this will help in the identification of a particular bank account. This code can be linked with the mobile number for all banking transactions, mainly fund transfer.



In order for a successful fund transfer to take place, both the sender (remitter) and the beneficiary/payee should have an MMID. This system works through the Immediate Payment System (IMPS) interface. Money can be sent and received using a handset through MMID facility through SMS.

Why is MMID Required?

There are various places in India where people do not have the proper access to the net banking facilities like National Electronic Fund Transfer (NEFT) and Real Time Gross Settlement (RTGS) which enable instant money transfer. This is the reason MMID was introduced to maximize instant money transfer facilities even to those who do have internet banking facilities. In MMID, receivers and senders do not need IFSC codes and bank account numbers. If your phone number is linked to your bank account, you can easily receive money through MMID.

Why MMID & How to Generate

MMID is a very convenient way of banking. It offers those without access to net banking, a good platform to send and receive money without any challenges.

There are three ways of generating an MMID:

  • Mobile Banking
  • Net Banking
  • Phone Banking

Mobile Banking

  • Login to your bank's mobile banking app
  • Go to the 'Account' option
  • Proceed to click on the 'Generate MMID' tab

Net Banking

  • Login to the bank's internet banking portal by providing all login credentials
  • Go to the home page and proceed to click on 'Generate MMID'
  • Key in necessary details and verify the same
  • MMID will be generated for the respective account

Phone Banking

  • Call the bank's phone banking number
  • Choose the language and select the banking option
  • Talk to a customer care representative and ask for the generation of MMID
  • MMID will be sent to the account holder’s registered mobile number within a 24-hour window

Registration for Mobile Banking

In order to register for mobile banking:

  1. Download the mobile app and initiate the registration process
  2. Visit the nearest ATM and register for mobile banking
  3. Call the customer care and activate mobile banking
  4. Visit the bank and request activation of mobile banking services

How To Use MMID for Fund Transfer

  • Log in to mobile banking through the respective app
  • Choose the ‘Funds Transfer’ option
  • Choose IMPS
  • Key in details as as beneficiary/payee mobile number, MMID, amount to be transferred and verify the same

FAQs on Mobile Money Identifier (MMID)

  1. Where can you get the MMID number?

    The Mobile Money Identifier is a seven digit number unique to each customer which is allotted by your bank. This number is given to you for receiving funds through IMPS. The MMID will be given to you when you register your phone number and e-mail ID to your savings account.

  2. How do I find my MMID?

    You need to call your bank’s customer care support and follow the instructions given by them to get your MMID.

  3. Does each bank account have the same MMID number?

    Each account of yours in the bank will have a different MMID number and all the MMID numbers can be linked to one mobile phone number.

  4. Is MMID the same as IFSC code?

    No. MMID code and IFSC code are not the same.

  5. What are MMID and MPIN?

    While MPIN is necessary to transfer money using mobile phones, MMID is needed for the mobile banking process of transferring funds.

  6. Is MMID necessary for IMPS?

    The beneficiary mobile number and MMID are required for IMPS Person-to-Person (P2P) money transfers from the sender.

  7. What is MMID needed for?

    The Mobile Money Identifier is a number which is given by the bank to the customer who uses mobile banking. The number is majorly used when you send funds or receive them through the IMPS method of payment.

  8. How do you get your MMID number?

    To get your MMID number, you can fill the application form of mobile banking provided by the bank. The MMID number and your M-PIN will be sent to your mobile number registered with the bank or to your official address. You can apply for mobile banking through the website or by visiting the nearest branch of the bank.

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