http://www.rcindia.org/multirotors/a-small-diy-quad-within-everyone%27s-budget/This is the thread that you need to refer to, you can find the bind procedure in the first post itself.
How to bind the transmitter with receiver/Bind instructions:
1. Plugin battery to receiver LED will flash quickly and stops
2. Keep it on flat surface and LED will start to flash again at a rapid rate
3. Hold bind button on your TX and switch it ON
4. LED on receiver should start to flash slowly
5. Turn off your TX and leave the bind button and switch ON your TX again.
6. LED on receiver should be solid now, which means its binded successfully