Thread by @dakuwithchaku

In these times many would be having cash crunch. Cash withdrawal via CC is the last thing you wanna do. If u have a credit card and wanna get cash from it without paying heavily this thread is for you 1/n

@MobiKwik

For this, you will need to install @MobiKwik app
Get the KYC done with your Aadhaar card. It's pretty neat and instantly gets done
Also, you need to update ur PAN Card
And a cute pic of urs
Once done ur ready
2/n

Now add money to your wallet via your CC. Transferring money to a third party account will be charged @ 3.95% + GST. <1000 Rs. a flat charge of 46.61 Rs.

But transfer money to your own bank account is free

3/n

Choose the option of To Self on the main screen. Transfer the wallet money in your bank account. Note there is a restriction that u need a minimum of 2 accounts attached to you MobiKwik VPA to use this feature.

Money is ur bank. Withdraw from ATM or transfer to anyone a/c

4/n

You used ur CC to get cash in a bank account without having to pay heavy interest on CC cash withdrawals

Thank you. I hope it helps. I tried doing it with Rs. 100 and worked seamlessly :)

5/5