Home  »  Banking  »  Payment Apps and e-Wallets  »  Ola money

Ola money App

Select e-Wallet

The headquarters of Ola Money is at Mumbai, Maharashtra. Nitin Gupta is Ola Money's Chairman and CEO. Ola Money on Owler has 5 followers. Ola Money has an annual turnover of < $1 M, with a total of less than 10 employees. India's simplest, cheapest and safest Ola Money wallet is here with all the latest user interface and one-touch access to all your everyday needs. You can recharge Ola Money Wallet through Credit Card, Debit Card and Net Banking.

You can do smartphone prepaid recharges, pay your mobile postpaid bills, electricity bills, gas bills, and even pay with only one click at several shops. Many areas like IRCTC, BookMyShow, eBay, Quikr, Yatra, Goibibo, Cleatrip, Dominos, Cafe Coffee Day, Runnr and Mumbai Metro can experience the joy of paying for your OlaCabs drives with Ola Money wallet with only one tap! And this is just the start, as OLA Money is going to introduce more and more merchants where you can use your Ola Cash in the upcoming days.

Ola Money Postpaid

Ola Money Postpaid is Ola's fast and simple digital credit payment system which enables users to pay for their Ola rides and other online services.

It's claimed the organization is making an attempt to wean users off cash payments while also eliminating wallet recharge. Ola provides this credit facility to consumers without extra costs and aims to provide a trouble-free payment option to its customers. In 2018 Ola Money Postpaid was initially launched as a pilot project. The service has been phased out to a much broader consumer base in India over the months.

How does Ola Money Postpaid work?

As mentioned earlier, Ola Money Postpaid allows you to pay for your Ola trips and other online services instantly and conveniently without having to recharge a wallet. Users will continue to pay up to 15 to 30 days through the Ola Money Postpaid service, or before they end up exceeding the OlaMoney Postpaid cap, whatever comes sooner. It relies upon the billing cycle of a customer. Simply stated, the Ola Money Postpaid service allows its users to accumulate trips on Ola and then collectively render a one go payment for the 15-day charges. This operates the same as you pay a monthly electricity bill or a phone bill. It takes only one click to make the charge, without needing any OTP or password.

How to apply for OLA Money

Below mentioned are the steps to apply for OLA Money: 

  • Open the OLA app on your mobile and go to the Profile Menu, located on the left corner of the app.
  • From the menu, tap on "OLA Money"
  • On the next page, you will see a message "You've got OLA Money Postpaid", tap on the message.
  • Now click on "Get Started" to complete the further process.
  • Once you complete the process you will get a successful message on your registered mobile number.

How to clear your dues on OLA Money

Below listed are the steps to clear your pending dues on OLA Money: 

  • Open the OLA Money app and go to the left profile menu by clicking on the left navigation bar of the app.
  • Now click on OLA Money to get started
  • Under the Postpaid section, click on Postpaid Balance
  • Now you can see your pending dues, click on "Clear Dues" to clear the payment.
  • Once the transaction is completed you will get a successful message on the screen as well as your mobile number.


All prepaid wallet users are required to complete KYC authentication according to the RBI Guidelines. Your Ola Money Wallet refill cap will rise up to 1 lakh per month once the Complete KYC has been done and you can use Bank Transfer and Wallet to Wallet transfer services. You can complete your OLA Money KYC by following the steps given below:

  • Open the OLA Money App and login with your OLA Money Id and Password.
  • Go to the OLA Money section and tap on “Add Money” or “Send Money” option to proceed further.
  • Now you will be asked to submit your PAN details and any residence proof such as Passport, Driving License, or Voter ID.
  • Now take your selfie and upload it.
  • Once done you will get the "Documents Uploaded Successfully" message on the screen.

After you successfully uploaded your documents for KYC, you will be now required to complete the physical verification in your OLA ride. To enjoy the OLA Money services please follow the below-listed steps to complete your physical verification. 

  • Book your OLA ride and keep your documents to get it verified by the OLA driver with your uploaded documents.
  • Now tap on " Generate PIN" and upload the front face of your original documents with your attached name on them.
  • Once the document is uploaded you will get a "KYC PIN", share the PIN with your OLA driver to get your KYC done. 

OLA Money Credit Card 

Ola Money SBI card is a co-branded credit card that was issued in collaboration with Ola cabs by the State Bank of India. This card is intended for people who frequently travel by cabs and provides a broad variety of perks, including reward points for spending on Ola. The card arrives with no joining fees and Rs.499 annual fee with an interest rate of 3.35% per month across India. 

Key Details of OLA Money Credit Card

  • No joining fees is required to avail the card.
  • Get 7% reward points on all OLA Postpaid and OLA spends
  • With OLA Money Credit Card spend in any other category and get 1% reward points.
  • Make your travel remarkable as you will get amazing travel offers and discounts from Cleartrip.
  • Get 20% cashback on dining at over 6,000 affiliate restaurants by Dineout
  • Refill fuel on your vehicle and 1% fuel surcharge will be waived off on your spends across all the fuel stations in India

Features and Benefits of OLA Money Credit Card

Below listed are the features and benefits that are wrapped on OLA Money Credit Card:

OLA Benefits

  • Get 7% reward points on all your OLA Spends
  • Get 7% reward points on all your Postpaid spends

Benefits of Reward Points

  • You will be rewarded 1% reward points on any other purchases made on the card.
  • The collected reward points will be credited directly to your OLA Money Wallet. 

Benefits on Travel

  • Get 5% cashback for all your flight bookings through Cleartrip
  • You can get up to 20% cashback for all your domestic hotel bookings made through Cleartrip.
  • You can get 6% cashback for all your overseas hotel reservations made via Cleartrip.
  • A cashback of 12% is offered with this credit card for all experiences booked on Cleartrip.

Benefits on Dining

  • Enjoy 20% cashback dining at more than 6000 Dineout partner restaurants.
  • The cashback will be credited to the Ola Money wallet instantly.

Benefits on Fuel

  • With OLA Money Credit Card 1% petrol surcharge for all your fuel transactions around the nation will be waived off.
  • A total waiver given per month is Rs.100.

Limit on OLA Money SBI Credit Card

Ola Money SBI credit card credit limits are provided at the bank's discretion. SBI allows the card to be given a credit cap by several factors. Most of these factors include the annual income, credit score, credit report as well as past and ongoing debt repayment habits of the cardholder.

Offers on OLA Money SBI Credit Card

  • At Myntra, enjoy a 10% discount on personal care and beauty items for a total shopping price of Rs.2,000.
  • Earn a 20% discount on the Myles app or website on a total purchase amount of Rs.6,000.
  • By using the GMSBIF promo code earn a discount up to Rs.4,000 on Goomo domestic flights.
  • Get Rs.30,000 off by applying the promo code GMSBIF on overseas flight bookings confirmed on Goomo.

Documents Required to Apply for OLA Money SBI Credit Card

To apply for OLA Money SBI Credit Card you will have to submit the below-listed documents.

Income Proof

  • Salary slip of the last 3 months
  • IT Returns
  • Form 16

Residence Proof

  • Voter ID
  • Passport
  • Aadhaar card
  • Ration Card
  • PAN Card

Identity Proof

  • Passport
  • Aadhaar card
  • PAN Card
  • Driving License
  • Voter ID Card

Payment Options for OLA Money SBI Credit Card

To pay all your pending dues of OLA Money SBI Credit Card. go through any of the below-listed payment options.

  • Electronic Bill Payment
  • National Electronic Fund Transfer
  • Paynet- Online Payment facility
  • VISA Credit Card Payment
  • Payments via SBI Net Banking facility
  • Payments via YONO Mobile App
  • UPI Payment facility
  • National Automated Clearing House
  • Auto Debit Payment facility
  • Payments via Debit Card
  • Payments via SBI Mobile App

Eligibility to apply for OLA Money SBI Credit Card

To apply for OLA Money SBI Credit Card, you must have to meet the below-given eligibility criteria.

  • The primary cardholder must be an Indian resident.
  • The primary cardholder must have a minimum age of 18 years to a maximum of 70 years.
  • The add-on member must have a minimum age of 15 years

Steps to apply for OLA Money SBI Credit Card

To apply for OLA Money SBI Credit Card, please follow the below-given procedure. 

  • Visit the OLA Money site and click on 'OLA Money Credit Card' under the drop-down list of 'Our Products'
  • Now click on the 'Express Interest' option to apply
  • Now go through all the details of the credit card and click on 'Apply Now'
  • Now you will see a pop-up box, where you have to enter your details
  • Enter all the required details such as Phone Number, PAN Number and Email ID.
  • Once done, accept the Terms and Conditions, then click on 'SUBMIT'
  • The application process takes a minimum time of 2 min and, once it gets approved you will get the credit limit instantly.

OlaMoney Religare Hospicash

Ola, one of the biggest ride-hailing agencies in the country, has partnered with Religare Health Insurance to provide safe oriented healthcare coverage through its financial services segment. The OlaMoney-Religare Hospicash helps health insurers to claim Rs 5,000 hospital stay per day, giving them access to affordable and efficient healthcare. All registered Ola users will have access to the policy and can be purchased through the Ola app. Ola is able to improve a vital financial product, such as health insurance, to millions of its consumers through its unified framework, helping to secure them from unexpected medical costs.

The plan, which has a premium as low as Rs 3 per day, is accessible as a family and individual plans, and can therefore be purchased monthly or renewable for a period of 1 year. The insurance includes extensive coverage to health and is therefore a beneficial alternative to an ongoing health cover. Apart from standard health insurance policies that are only accepted at preferred hospitals, the OlaMoney Religare health cover can be used at any hospital across India to repay the loan amount. 

Key features of OlaMoney Religare Health Insurance

  • The Group Health Plan with Hospital Cash Cover from OlaMoney-Religare Health Insurance (RHI) enables insurers to claim Rs 5,000 per day of hospitalization with a total insured sum of Rs 500,000 annually.
  • Instant claims: Only provide proof of hospitalization and no bills required for claims. 
  • Age limit: Easy and convenient enrolment for ages between 91 days to 65 years
  • Easy Registration: Register yourself within 1 minute and get cover instantly
  • Lifelong Renewability:  Annual Policy Renewal via the Ola app
  • Insurance Coverage: Comes with hospitalization for accidents, medications and critical illnesses
  • The policy serves as an alternative to the current basic health cover, which may be utilized at any hospital in India to repay medical expenses.
  • Get coverage up to 100 days annually
  • Get accident coverage from day 1

Key points to know

  • You have to wait 30 days for non-accidental hospitalizations
  • 1 year wait period for the defined diseases and pre-existing ailments
  • Maternity related hospitalizations will not come under the insurance

Process to avail OlaMoney Religare Hospicash

Open the OLA app and follow the below-given steps

  • Tap on your Profile menu and select 'OLA Money' option
  • Now tap on the banner of OLA Money Hospicash
  • View and select your preferred plan and follow the further on-screen instructions.

OLA Money App

One of India's simplest, fastest, and smartest wallet-Ola Money Wallet is crafted with a simplified user interface for all your daily needs which you will get through one-tap access. You can recharge Ola Money wallet through Credit Card, Debit Card and Net Banking. Even you can trigger mobile recharges, postpaid mobile bills, gas bills, utility bills, and also pay at offline stores with just one tap.

Benefits of OLA Money App

Grab OLA Money App and get all the below-listed benefits:

  • Use the OLA Money App to pay at various offline stores.
  • Send and Receive money from your friends and family anytime anywhere
  • Pay for your mobile recharges and bill payments with just one tap
  • Pay your utility bills in a seamless and convenient way
  • Book your OlaCabs rides with Ola Money wallet and make your journey a memorable one.
  • Book and experience more places such as Dominos, eBay, Quikr, Yatra, Goibibo, Cleatrip, Cafe Coffee, IRCTC, Runnr, BookMyShow, and Mumbai Metro.
  • Manage and check your transaction history
  • Save your credit or debit cards to make faster recharges and postpaid bill payments.
  • OLA Money app is one of the best and ideal partner for you to pay smartly
  • You can enjoy the delight of paying for your OlaCabs drives with Ola Money wallet with just one tap on other platforms such as IRCTC, BookMyShow, eBay, Quikr, Yatra, Goibibo, Cleatrip, Dominos, Cafe Coffee Day, Runnr and Mumbai Metro.

How to download OLA Money App?

  • Open the default app store of your mobile and search for OLA Money App in the search box.
  • Now tap on the install icon and wait for the download to complete.
  • Once the app is successfully downloaded open the app and complete the one-time registration process.

Process to check OLA Money Balance

Follow the below-listed steps to check the OLA Money balance from your OLA Money app.

  • Open the OLA Money App and tap on the menu icon on the right-hand side.
  • Now select the 'OLA Money' option to know your wallet balance
  • Additionally, you can also tap on the 'Payments' option to under the menu to view your OLA Money balance.

Process to recharge OLA Money wallet

With a minimum balance of Rs 1 up to a maximum of Rs 10,000 in a month, you can recharge your OLA Money wallet. In case you want to increase your wallet balance limit to Rs 1,00,000, you will have to submit documents as specified under the KYC guidelines according to RBI.

  • Launch the OLA Money app and tap on the menu option
  • Now select or enter the recharge amount as per your need
  • Now tap on 'ADD OLAMONEY' option
  • Now select the payment and follow the further on-screen instructions

Process to remove a saved card on OLA Money app

  • Open the OLA Money app go to the menu and navigate to OlaMoney section
  • Now tap 'ADD Money' and you will be redirected to the payment page
  • Here you can see your saved card, just swipe left to get a delete option for your card.

OLA Money Fraud Protection

OLA Money constantly handles the transactions on its platform different approaches to determine illegal behaviour and to secure consumers on a real-time basis. Before processing OLA Money thoroughly verifies the merchant's KYC. OlaMoney also has a conflict framework. When the consumer submits a dispute petition against the retailer and if the allegation is proved, the consumer will be refunded to his/her wallet. It means that the benefit of the consumer is still secured. The payment credentials on OLA Money is secured with the OTP authentication of the user, once the OTP is verified the user is accessed with a token which has a limited time period.

Security of OLA Money and the payments made through OLA Money

All the confidential information shared between you and Ola is supported by TLS 1.2 (better than SSL), a stable and reliable protocol accessible on the internet. All information including card details are secured at OLA and it only asks you to submit your phone number and email id to handle your database. Each of your confidential personal data is kept safe and secure, authenticated way. Not only this, but your credit card details are also kept in accordance with PCI/DSS standards across the payment portal. OLA Money also maintains bug bounty initiative to constantly enhance the security systems to robust the testing and feedback.  

Tips to protect your OLA Account

At OLA, it is sure that your ride experience is secure and seamless. OLA always carry great efforts for raising consciousness of online fraud. Phishing is a form of online fraud affecting the stealing of confidential information of the users such as OTP, Debit Card / Credit Card or details on payment wallets. But no need to take stress just follow the below given tips to stay safe from such illegal activities.

  • Do not contact on listed online customer care numbers, as OLA has not listed any customer care numbers anywhere.
  • Do not accept any calls claiming to be Ola Customer Service Executives requesting for Ola OTP. This will give them complete access to run your account and Ola Money wallet.
  • Do not consider a request to full KYC process of somebody. To complete the KYC process, you can follow the instructions on OLA's authorized website.
  • Do not accept discounts and offers suggested by anyone. OLA never calls to anyone for offering deals. Please do not access them if you receive any unusual reference through such calls.
  • After getting into the car please share OTP details of your start trip from the app only with the cab driver.

Hygienic self-drive cars with Ola Drive

Completely manage you all ride through Ola Drive. Simply book one of the cars which are carefully sanitized and start your safe journey. The customizable solutions are tailored to your requirements and also you get the best safety and hygiene standards. Head to office, render numerous grocery shopping, or just start driving with your family members – an Ola Drive car is ready for you.

How you ensure safety level at every stage?

  • Hygienic self-drive OLA Cars
  • Before every booking, cars are vacuumed, disinfected, and sanitized.
  • Sanitised stations 
  • The pick-up sites are routinely and thoroughly cleaned.
  • Temperature-checked staff 
  • Routine based temperature tests at the pick-up station for all employees.
  • Safety-first strategy
  • Employees must carry masks before handing over the car, and obey social distancing standards.

Terms and Conditions

  • The service is only applicable at Bangalore
  • The travel price is included with GST and fuel costs.
  • The service is applicable for Monday to Saturday between 6 AM and 7 PM
  • The service is not active on Sundays as per the government guidelines.

How to reward your OLA Driver with a tip?

OLA drivers are going out of their way to keep you safe, from always wearing a mask to making sure their car remains perfectly clean.OLA has introduced a tipping feature on our app to help you express your gratitude. So if your driver maintains safety for you and makes your drive hassle-free then it’s time to show your respect and by leaving him with a tip. If you pay online, you can offer your driver a tip directly on the Ola app at the end of each journey. You can see the rating screen after you have finished a ride. Follow the below-given steps to show your appreciation to your OLA driver by offering a tip.

  • Once you end your OLA journey you’ll see the rating screen on OLA app
  • Now select an amount that you want to give as a tip to the OLA driver
  • Now give a rating to the driver and submit your ride feedback
  • Now tap on ‘Submit’ and you are done

How to book an OLA Corporate for your business travel?

As we know OLA is continuously implementing new features and updates on the OLA App to enhance your experience. Now you can book your business travel with OLA corporate just in a matter of seconds. Follow the below-given steps to experience business travel with OLA.

  • Open the OLA app in your mobile and select your destination
  • On the bottom left, tap on the payment option
  • Now enable OLA Corporate option and select a reason for your ride
  • Now tap on ‘Confirm’ and select your ride category

How is OLA better than other aggregator taxi service?

Implementing and maintaining a number top ranking in the taxi market ensures Ola has facilities to deliver to the customer that is greater than other service companies from the same category. Ola distinguishes from most aggregator service providers or other segments across India. This is how their strategy describes the rates and cars. This contributes to pricing stability and encourages them to create consumer loyalty. Another aspect that makes Ola outstanding is that its facilities are not restricted to the city limits.

They also provide car rental services for outstation journeys. Also, the later ride choice accessible with Ola allows the service more consumer-oriented. Ola frequently takes customer safety into consideration and thus provides a 24 * 7 customer support program. The attractive price packages and choice in the passenger car are targeted at the moderate-income category which enhances the customer segment. In all cabs, the GPS tracker to track the vehicle's operation and good visibility in respect of logo lead to the cab company's performance. 














Get Instant News Updates
Notification Settings X
Time Settings
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X