Limit and Charges


The following limits apply to transactions conducted through your Oxigen Wallet. All limits are subjected to change according to our discretion at any time for legal,risk management,security or other purposes and is subjected to the Applicable Law.

Sr. No. Particulars Limits Minimum KYC Wallet Limits Full KYC Wallet
  Non-KYC Wallet Rs. 10,000**/- Monthly Wallet Limit  
1 Maximum Balance limit Rs. 10,000**/- Rs. 1,00,000/-
2 Money Transfer limits    
  Single Transaction Limit Not allowed Rs. 1,00,000/-
  Daily Transaction Limit Not allowed Rs. 1,00,000/-
  Monthly limit Not allowed Rs. 1,00,000/-
3 Transaction limits    
  Single Transaction Limits    
  Recharge : Mobile /Data Card Rs. 10,000/- Rs. 10,000/-
  DTH Recharge Rs. 10,000/- Rs. 10,000/-
  Bill payment: Mobile/DTH/Data card Rs. 10,000/- Rs. 10,000/-
  Electricity Bill payment Rs. 10,000/- Rs. 10,000/-
  Daily Transaction Limit Rs. 10,000**/- Rs. 1,00,000/-
  Monthly limit Rs 10,000**/- Rs. 1,00,000/-

Balance Limit

 

 
Maximum Balance limit Non-KYC Wallet KYC Wallet
 
Min (in Rs) Max (in Rs)
Min (in Rs) Max (in Rs)
Load Money CC/DC
10 4000
10 4000
Load Money Net Banking
10 4000
10 4000
Load Money IMPS
10 4000
10 4000
Send Money to Bank
Not allowed
10 1,00,000
Single Transaction Limit for money transfer
Not allowed
10 1,00,000
Daily Transaction Limit for money transfer
Not allowed
10 1,00,000
Monthly Transaction Limit for money transfer
Not allowed
10 1,00,000
Monthly limit of load money
  10000
  1 Lac (per transaction, otherwise unlimited)
Recharge : Mobile /Data Card
10 10000
10 10000
DTH Recharge
10 10000
10 10000
Bill payment: Mobile/DTH/Data card/Landline
10 10000
10 10000
Electricity Bill payment
10 10000
10 10000
merchant payment (manual settlement) P2M (like P2a but account is of merchnat)
Only allowed after 24 hours from first wallet load through banking channel

Charges for Oxigen Wallet

 

 

The following charges are applicable to the customers for all transactions on Oxigen Wallet:

Sr No. Services Charges Charges
10K Wallet** 100K Wallet
1 Signing up for Oxigen Wallet (Through Web/Mobile app on Android) Free Free (Customers need to provide their KYC documents for upgrading 10K** wallet to 100K wallet)
2 Load in Oxigen Wallet:    
  Using Debit card/IMPS Free Free
  Using Credit card/Netbanking 1% 1%
  At Retailer Upto 1.5% cash management fee Upto 1.5% cash management fee
3 Money Transfer    
  Wallet to Wallet ( W2W) Free Free
  Wallet to Bank Account ( W2A) For customers, 2% of transaction amount.

For registered merchants, 1.5% of transaction amount (Effective from 17th November 2016).
For customers, 2% of transaction amount.

For registered merchants, 1.5% of transaction amount (Effective from 17th November 2016).
  Wallet to Non-Wallet Free Free
4 Mobile Recharge/DTH Recharge/Data Card Recharge    
  Using Oxigen Wallet Free Free
5 Bill Payment    
  Using Oxigen Wallet Free Free
6 Online Payment using Oxigen Wallet Free Free
7 Miscellaneous Products( Vouchers and other Value Added Services) Free Free
8 Online Payment using Oxigen Wallet Free Free

Please Note: -These charges are liable to change from time to time

- Net Banking as a mode of transaction has been disabled at present

-*The maximum storage value of your 10K** wallet and 100K Wallet cannot exceed Rs. 10,000** and Rs. 1,00,000 per month respectively Transactions on your Oxigen Wallet are subject to certain checks in order to minimize fraudulent activity and make your wallet more secure*

Charges for Oxigen Wallet
Sr No. Transaction Payment Instrument Minimum KYC Wallet
1 Cash Loading/Wallet Top-up Credit card/Debit card Maximum cash load of Rs. 10,000** per month using any credit card/debit card and not more than Rs. 4000 per transaction

**Rs. 10000 is the limit as per the RBI guidelines, unless amended.