MMID Yes bank
 

What do you mean by MMID in Yes bank reference , as my one of friend asking me about it ??

Re: MMID Yes bank
 

YES BANK is India's fifth largest private sector Bank, founded by Rana Kapoor in 2004

As you are asking I am telling MMID (Mobile Money Identifier) is a 7 digit number issued by a bank against an account linked to a mobile number.

Remitter (customer who wants to send money) and Beneficiary (customer who wants to receive money) should have this MMID for doing interbank funds transfer:

All Yes Bank accounts will be allotted MMID by default, which will be sent through SMS on the next day of registration/activation.


Through MobileBanking Application: MMID can be received by accessing Banking Servicesà IMPSà Generate MMID

Through SMS Banking:MMID <space> <Last six digits of your account number linked to the mobile> to 567678– You will receive MMID for your YES BANK Account.

Bank profile:

Type Public company

Traded as BSE: 532648

NSE: YESBANK

Industry Banking & financial services

Founded 2004

Founder Rana Kapoor and Late Ashok Kapur

Headquarters Mumbai, India

Key people Rana Kapoor (Managing Director & CEO)

Products Banking and financial services SMEs

Revenue 23,500 crore (US$3.5 billion) (30 July 2015)

Net income 3,000 crore (US$450 million) (2015)

Total assets 91,000 crore (US$14 billion) (July,2015)