Bharat Interface for Money (BHIM) is an initiative to enable fast, secure, reliable cashless payments through your mobile phone. BHIM is interoperable with other Unified Payment Interface (UPI) applications, & bank accounts for quick money transfers online. BHIM is developed by the National Payment Corporation of India (NPCI) as a part of the Digital India initiative. BHIM is made in India and dedicated to the service of the nation.
How does it work?
Register your bank account with BHIM, & set a UPI PIN for the bank account. Your mobile number is your Payment Address, & you can simply start transacting. Yes! It is that simple.
How to Transfer Money Online?
Make Cashless Payments or receive money from friends, family and customers through a mobile number or payment address. Instant Money Transfer can also be made to an unregistered user using Mobile number, Account number +IFSC and Aadhaar Number. You can also collect money by sending a request and reverse payments instantly if required.
Check Balance:
You can check your bank balance and transactions details on the go.
Custom Payment Address:
You can create a custom digital payment address in addition to your phone number.
QR Code:
Now scan QR codes without logging into the app. Merchants can easily print their QR Code for display.
Block/ Spam:
You can Block/Spam users who are sending you to collect requests from illicit sources.
Pay using Aadhaar:
Make seamless transactions using Aadhaar number.
Transaction Limits:
Per transaction maximum limit of Rs. 40,000
Per day maximum transaction limit of Rs. 100,000
Note: If you have accounts in the following five associate banks SBH, SBBJ, SBM, SBP & SBT please choose SBI from the list of banks as they have merged with SBI.
Requirements:
Before you register on the app, please ensure the following:
• You have a valid Debit Card for your account
• You have linked your Mobile Number with your Account
• Your registered mobile no. is present in the same device as the BHIM app
• You have registered your account for Internet/Mobile Banking
Language supported: Assamese, Bengali, English, Gujarati, Hindi, Kannada, Malayalam, Marathi, Punjabi, Tamil, Telugu, Odia, and Urdu.
NOTE: Compatible with ios devices that have ios version 9.0 and above installed.
Terms & Conditions: http://npci.org.in/documents/Terms-Conditions-NPCI-UPI-App-1.3.pdf
For more information visit: https://www.bhimupi.org.in/faq-s
