How to Send Money through the UPI App without the Account Number

This article is particularly interesting for those who send money from a bank account a second time.

Now you can send money to anyone without knowing your account number through mobile banking app

Just imagine that you do not need to know the recipient’s 16-digit account number and IFSC code of the bank.

Let’s see what all this is?

UPI-Send Money Through UPI App
UPI-Send Money Through UPI App

What is the Unified Payment Interface?

Indian National Payment Corporation (NPCI) launched the Integrated Payment Interface or the UPI on August 25, 2016.

Unified Payment System (UPI) is a platform that will add bank account number to a virtual payment address or surname.

In simple words, the UPI is a payment system that will allow its users to transfer money between two bank accounts using a smartphone.

However, the unique thing about this system is that you can transfer money without typing the recipient’s bank account number, credit card details, IFSC codes and even net banking passwords.

In addition to transferring money, the UPI can be used for many other things. We will see this later in this article.

How Does the UPI Work?

Before I tell you how you can get started with the integrated payment interface, you need to know how this particular system works.

If you have an account with the UPI Partner Bank, you can download the app on your smartphone to make the transaction.

Whether the transaction person or the person for the ecommerce, the receiver will have to share only the virtual address or ABC @Iccbank or mobile number number ICIC BankBankInstandard shared bank account number or IFSC code.

Once downloading the app, create a virtual payment address, set a PIN, and link to any account of the bank with the UPI pattern.

Before I tell you a step-by-step guide, you need to know what you can do with the UPI payment system.

  1. Off course you can transfer money to your friends and relatives. The minimum transfer amount is 50 rupees and maximum is 100,000 / -.
  2. You do not even need a bank account number and IFSC code to pay for the same payment as immediate payment service (IMPS).
  3. You can also pay cash on delivery.
  4. You can make transactions to merchants on physical and ecommerce stores.
  5. The UPI system will allow the dealer to cash settlement in real time.
  6. Finally you can also give utility bills and insurance premiums with this system.

Step by Step

Now from the initial point of view, we see how you can download the app and start using it.

Step 1: You can download and install the UPI app from the Google Play store or Apple Store for any UPi enabled bank. It is not necessary that you have to establish a bank where you have an account.

Step 2: You have to login and make VPA (virtual payment address). VPA is a nickname that will be like ABC @BanName or you can use your mobile phone number as a nickname.

Step 3: Now add your bank accounts or accounts (depending on the number of bank accounts you want to add). The added bank accounts should be from 21 percent mentioned in the next paragraph from the participated banks.

Step 4: Now you have to create an M PIN which is basically a security code that will prove the transfer of funds.

Step 5: You have almost completed and you can start sending money through this UPi enabled app by entering the person’s VPA.

So you have to follow these 5 steps to get started.

Bank affiliated with the Integrated Payment Interface

Earlier it was announced that 36 banks have signed to be part of the UPA system.

Although we currently have a list of all the 21 banks in India which have samples with the UPI system.

We are referring to banks in alphabetical order.

  1. Andhra Bank,
  2. Axis Bank,
  3. Maharashtra Bank,
  4. Indian Women Bank,
  5. Canara Bank,
  6. Catholic Syrian Bank,
  7. DCB Bank,
  8. Federal Bank,
  9. ICICI Bank,
  10. IDBI Bank,
  11. TJSB Co-operative Bank,
  12. Oriental Bank of Commerce,
  13. Karnataka Bank,
  14. UCO Bank,
  15. Union Bank of India,
  16. United Bank of India,
  17. Punjab National Bank,
  18. RBL Bank,
  19. South Indian Bank,
  20. Vijaya Bank,
  21. Yes Bank

IDBI and RBL do not have their app for the UPI so that you can install other bank’s UPI app.

You will be surprised to know that two major banks, State Bank of India (SBI) and HDFC Bank are still not with the UPI system.

These two banks and other 13 banks are expected to launch their mobile application by September 30.

Benefits of a Unified Payment Interface

Here in a paragraph we mention all the key features of the UPI system.

  1. Flexibility – You do not need to use the bank’s mobile app where you have an account. You can download the app from any of the 21 banks. If you have an account with Yes Bank, you can download the app from ICICI Bank because it has better facilities.
  2. The UP system will allow you to access more than one bank account in the app. Customers will have multiple virtual addresses for different bank accounts.
  3. Send and receive money through this system

Only share virtual address. Use 4. There is no charge for the funds you have transferred so far. The minimum amount you can transfer is Rs. 50 and maximum 1 Lakhs rupees. Although I have already mentioned the advantages of this system at the beginning of this article, but I want to mention it once again. You do not need the recipient’s 16-digit account number or the 11-digit IFSC code to send money. You send it through virtual id.

Benefits of Unified Payment Interface

Although there is no major loss to the UPI system but there are some concerns. The first is that if your bank account is in a bank other than 21 banks with pattern with the UPI system, then you probably have to wait for long periods. No bank is launching its app for the Apple Store. In the end, there are concerns about security issues and what transaction charges they will settle in the coming days.


Harvilas Meena

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