UPI: Unified Payments Interface

What is UPI?

The Unified Payments Interface (UPI) is a real-time payment system developed by the National Payments Corporation of India that allows for inter-bank peer-to-peer and person-to-merchant transactions.

Who initiated UPI?

National Payments Corporation of India

 

What is UPI ID and PIN?

When you add a new payment account or make a transaction, you must enter your UPI PIN.

Your UPI ID is a unique address that allows you to be identified on UPI.

 

How does UPI work?

Step 1: Get the BHIM app from the Google Play Store or the Apple App Store and install it.

Step 2: Choose your preferred language.

Step 3: Choose the SIM card that has your mobile phone number linked to your bank account.

Step 4: Create a four-character login password. To use the app, you must enter this four-digit password.

Step 5: Choose and connect your bank account. Set your UPI PIN by providing your last six digits.

 

What are the features and benefits of using UPI?

  • Transferring funds at the lowest possible cost
  • Appropriate for small transactions
  • improved security
  • Transfer on the spot
  • There is no registration requirement.
  • The payment system that is available to everyone
  • There are numerous apps to choose from.
  • Request for financial assistance:

 

 

FAQ’S

What apps allow UPI usage?

  • PhonePe
  • PayTM
  • BHIM App.
  • MobiKwik
  • Google Tez.
  • Uber
  • Chillr
  • Paytm Payments Bank.

 

Banks that support UPI

Sr. No. Bank Name
1 Axis Bank
2 Bank of Baroda
3 Bank of Maharashtra
4 Canara Bank
5 Catholic Syrian Bank
6 Central Bank of India
7 DBS Digibank
8 Federal Bank
9 HDFC Bank
10 HSBC
11 ICICI Bank
12 IDBI Bank
13 IDFC Bank
14 Indian Bank
15 Indian Overseas Bank
16 IndusInd Bank
17 Karnataka Bank
18 Karur Vysya Bank
19 Kotak Mahindra Bank
20 Lakshmi Vilas Bank
21 Punjab & Sind Bank
22 Punjab National Bank
23 RBL Bank
24 South Indian Bank
25 Standard Chartered Bank
26 State Bank of India (all 5 associates)
27 TJSB Bank
28 UCO Bank
29 Union Bank of India
30 Yes Bank
31 Bank of India
32 City Union Bank
33 Jammu & Kashmir bank
34 Janta Sahakari Bank Pune
35 Equitas small finance bank
36 Airtel Payment
37 Fino Payments Bank
38 Paytm Payments Bank
39 Bandhan Bank
40 Jio Payment Bank
41 Dhanlaxmi Bank
42 India Post Payments Bank
43 ESAF Small Finance Bank
44 AU Small Finance Bank
45 Dombivli Nagri Sahakari Bank
46 NSDL Payments Bank
47 The Surat Peoples Co-op Bank
48 DCB Bank
49 Cosmos Co-op Bank
50 A P Mahesh Co-operative Urban Bank Ltd
51 Deutsche Bank AG (Retail)
52 Saraswat Bank
53 Apna Sahakari Bank Ltd
54 Vasai Vikas sahakari bank ltd
55 Thane Bharat Sahakari Bank
56 Mehasana Urban co op Bank
57 GP Parsik
58 Kalyan Janta Sahakari
59 CITI Retail
60 Rajkot Nagrik sahakari Bank
61 Maharashtra Gramin Bank
62 Gujarat state co-operative bank
63 Hasti Co-op Bank
64 GS Mahanagar Co op Bank
65 Prathama Bank
66 Karnataka Vikas Gramina Bank
67 Andhra Pragathi Gramina Bank
68 Kallapanna Arwade Ichalkaranji Janata sahakari Bank
69 Kerala Gramina Bank
70 Pragathi Krishna Gramin Bank
71 Andhra Pradesh Gramin Vikas Bank
72 Chhatisgarh Rajya Gramin Bank
73 Purvanchal Bank
74 Telangana Gramin Bank
75 Saurashtra Gramin Bank
76 Meghalaya Rural Bank
77 Uttarakhand Gramin Bank
78 Jharkhand Rajya Gramin Bank
79 Rajasthan Marudhar Gramin Bank
80 Mizoram Gramin Bank
81 Bassein Catholic Co-operative Bank
82 Tamilnad Mercantile Bank
83 Assam Gramin Vikas Bank
84 Jalgaon Janta co op Bank
85 The Vishweshwar Sahakari Bank Limited
86 Tripura Gramin Bank
87 Manipur Gramin Bank
88 Chaitanya Godavari Gramin Bank
89 Kashi Gomati Gramin Bank
90 SVC Bank
91 Baroda Gujarat Gramin Bank
92 Baroda Rajasthan Kshetriya Gramin Bank
93 The Sutex Co Op Bank
94 NKGSB Co-op Bank
95 Ujjivan Small Finance Bank
96 Baroda Uttar Pradesh Gramin bank
97 Samruddhi Co-operative Bank Ltd
98 The Varanchha Co-Op Bank Ltd
99 Urban Co-op BankLtd, Dharangaon
100 Suco Souharda Sahakari Bank Ltd
101 Sarva Haryana Gramin Bank
102 Telangana State Co-op Apex Bank
103 Andhra Pradesh State Cooperative Bank
104 Maharashtra State Cooperative Bank
105 Jana Small Finance Bank
106 Paschim Banga Gramin Bank
107 Bhilwara Urban Co-operative Bank Ltd
108 Suvarnayug Sahakari Bank Ltd.
109 The Udaipur Mahila Urban Co-Operative Bank Ltd.
110 Maratha Cooperative Bank Ltd
111 The Vijay Co-operative Bank Ltd, Ahmedabad
112 The Udaipur Mahila Samridhi Urban Co-operative Bank Ltd.
113 Sarva UP Gramin Bank
114 The Muslim Cooperative Bank Ltd
115 Hutatma Co-Op Bank Ltd
116 Punjab Gramin Bank
117 Abhyudaya Co-op Bank Ltd
118 Nainital Bank Ltd
119 Himachal Pradesh Gramin Bank
120 The Ahmedabad Mercantile Coop bank
121 The Ahmedabad District Coop bank
122 Madhya Bihar Gramin Bank(Dakshin Bihar Gramin Bank )
123 Adarsh Cooperative Bank Ltd
124 Suryoday Small Finance Bank Ltd
125 Shree Kadi Nagarik Sahakari Bank Ltd
126 J & K Grameen Bank
127 The Municipal Co-op Bank
128 The Malad Sahakari Bank
129 The Baroda Central Co-op Bank Ltd
130 Fincare Small Finance Bank
131 Kalupur Commercial Bank
132 Patan Nagrik Sahakari Bank
133 SARVODAYA COMMERCIAL CO-OP BANK
134 Sindhudurg Co-op Bank
135 Bharat Co-op Bank(Mumbai)
136 Vikas Souharda Co-op Bank
137 SHRI ARIHANT CO-OP BANK LTD
138 The Udaipur Urban Co-Operative Bank Ltd.
139 Sandur Pattana Souharda Sahakari Bank
140 Nutan NagrikSahakari Bank
141 The SSK Co-op Bank
142 The Ahmednagar Merchants Co-op Bank Ltd
143 The Baramati Sahakari Bank Ltd
144 Shri Veershaiv Co-op Bank Ltd.
145 The Sabarkantha District Central Coop Bank Ltd
146 PRIYADARSHANI NAGARI SAHAKARI BANK LTD JALNA
147 THE SATARA DISTRICT CENTRAL CO-OPERATIVE BANK LTD.
148 The Kaira District Central Co-Op. Bank Ltd.
149 The Banaskantha District Central Co-Op. Bank Ltd.
150 The Visakhapatnam Cooperative Bank Ltd.
151 Bhagini Nivedita Sahakari Bank Ltd,Pune
152 The Anand Mercantile Co-Op. Bank Ltd.
153 Citizen Co-operative Bank Ltd – Noida
154 Shri Rajkot District Co-op Bank Ltd
155 KRISHNA BHIMA SAMRUDDHI LOCAL AREA BANK
156 CHARTERED SAHAKARI BANK NIYAMITHA
157 Sterling urban co-operative bank ltd
158 Capital Small Finance Bank
159 Kokan mercantile co-operative bank ltd
160 Pune cantonment sahakari bank ltd
161 Rani Channamma Mahila Sahakari Bank Belagavi
162 The gadchiroli district central cooperative bank
163 Fingrowth Co-operative Bank Ltd
164 The Banaskantha Mercantile Co-operative Bank Limited
165 Bank of America NA
166 Nagarik Sahakari Bank Maryadit, Vidisha
167 Jalna Merchant’s Cooperative Bank Ltd., Jalna
168 The Darussalam Cooperative Urban Bank Ltd
169 The Gayatri cooperative urban bank ltd
170 Janaseva Sahakari Bank Ltd Pune
171 Janakalyan Sahakari Bank
172 The Himachal Pradesh State Co-operative Bank Ltd
173 Sri Vasavamba Cooperative Bank Ltd
174 Pali urban co-operative bank ltd
175 Manvi pattana souharda sahakari bank ni
176 Jivan commercial co-operative bank ltd
177 Shree dharati coop bank ltd
178 Coastal local area bank ltd
179 Citizens co-operative bank ltd
180 Shri Chhatrapati Rajarsshi Shahu Bank
181 The Kanakmahalakshmi Co-operative Bank Ltd
182 The Pochampally Co-operative Urban bank Ltd
183 The Surat District Co-op Bank Ltd.
184 Yadagiri Lakshmi Narasimha Swamy Co-Op Urban Bank Ltd
185 The Modasa Nagarik Sahakari Bank Limited
186 Shri Mahila Sewa Sahakari Bank Limited
187 Kolhapur District Central Co-operative Bank Limited
188 Smriti Nagrik Sahakari Bank Maryadit, Mandsaur
189 Indore Paraspar Sahakari Bank Ltd
190 Samarth Sahakari Bank Limited
191 Associate Co-operative Bank Limited, Surat
192 Shri Basaveshwar Sahakari Bank Niyamit, Bagalkot
193 The Adarsh Urban Co-op. Bank Ltd., Hyderabad
194 The Vallabh Vidyanagar Commercial Co-operative Bank Ltd
195 Malviya Urban Co-operative Bank Limited
196 Sri Rama Co-operative Bank Ltd
197 Model Co-operative Bank Limited
198 SBM BANK (INDIA) LIMITED
199 The Merchants Souharda Sahakari Bank Ltd
200 Prime Co-operative Bank Ltd.
201 Shivalik Mercantile Co-op. Bank Ltd.
202 Saibaba Nagari Sahakari Bank Maryadit
203 Madhya Pradesh Rajya Sahakari Bank Maryadit
204 Mann Deshi Mahila Sahkari Bank Limited
205 Shree Mahavir Sahakari Bank Ltd
206 The New Urban Co-Operative Bank Ltd.Rampur
207 North East Small Finance Bank Limited
208 The Akola District Central Cooperative Bank Ltd
209 Irinjalakuda Town Co-Operative Bank Ltd
210 Surat National Co-operative Bank Limited
211 The Latur Urban Coop Bank
212 The co-operative bank of rajkot ltd
213 The Sirsi Urban Sahakari Bank Limited
214 Vikramaditya nagrik sahakari bank
215 The Rajkot Commercial Co op Bank Ltd.
216 Sadhana Sahakari Bank Ltd Pune
217 The Eenadu Coop Urban Bank Ltd
218 Utkarsh Small Finance Bank
219 Chhattisgarh Rajya Sahakari Bank Mydt
220 Sadhana Sahakari Bank Ltd Pune
221 Sardar Vallabhbhai Sahakari Bank Ltd
222 Lonavala Sahakari Bank Ltd
223 The Godhra Urban Coop Bank Ltd
224 Vaishya Nagari Sahakari Bank Ltd Parbhani
225 Kolhapur Mahila Sahakari Bank Ltd.
226 Rajgurunagar Sahakari Bank Ltd.
227 The Jalgaon Peoples Co-op Bank Ltd.
228 Bhadradri Co-operative Urban Bank
229 Shree Panchganga Nagari Sahakari Bank Ltd
230 The Kakatiya Co-operative Urban Bank Limited
231 Shri Janata Sahakari Bank Limited, Halol
232 The Dahod Urban Co-operative Bank Limited
233 The Sarvodaya Nagrik Sahakari Bank Limited
234 Deogiri Nagari Sahakari Bank Ltd Aurangabad
235 Navi Mumbai Co-operative Bank Limited

 

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