UPI Android App [Playstore Links] – RBI UPI App for SBI,PNB,Union Bank & Others
UPI Android App [Playstore Links] – RBI
UPI App for SBI,PNB,Union Bank &
Unified Payment Interface is the latest advancement in the Online Banking
system in India. Earlier methods of online money transfer were NEFT and
IMPS. The UPI app launch was announced on Thursday i.e. 25th August
2016. Initially 21 Banks participated but now others are also joining. This
article covers every details regarding the UPI App, guides you to download
and install app and finally helps you to make transactions using this app.
Download RBI UPI App for Android
Before downloading, please understand that there is no single app for UPI.
Every bank has released separate app for UPI. It means that if you have
accounts in two bank accounts, you need to download the bank specific
If you want to skip to the Download, CLICK HERE OR you can continue
reading more about the app
UPI App Download
The online money transfer system before the UPI app was done either via
NEFT,IMPS or RTGS. To understand clearly, let’s understand the differences
NEFT – NEFT transactions can be made during the bank hour and hourly
batches of transactions are made. One must provide the Account number,
IFSC Code and Bank address details before proceeding. The credit process
takes almost 1 hour
RTGS – RTGS takes place in real time. Minimum transaction amount is 2
lakhs. The amount is credited within 30 minutes of the transaction.
IMPS – IMPS is instant. The sent amount is credited instantly. However, to
make use of IMPS, users must register and Get MMID from the bank
branch. Both parties must have MMID’s for successful transaction.
Maximum amount that can be sent using IMPS is Rs. 2 Lakhs.
How Upi app is Different
Now the question arises, how UPI i.e. Unified Payment Interface is
different from NEFT, IMPS and RTGS
No need to type credit card details, IFSC codes, passwords etc
No more wait for the beneficery to be approved
Bank Account details are not required
Per transaction limit is Rs. 1 Lakh
It works on the “unique id” system. This unique ID is called UPI -ID
User only needs Smartphone and Mobile app to Send or receive money.
(User should get registered first)
This service will be available 24*7
Transactions can be made to any users who have smartphone with UPI
How to Use UPI App to Send or Receive Money –
Upi App Registration Process
The most important step to take advantage of this facility is registrations.
Here are the steps –
User needs a Smartphone and should download Bank’s UPI App from Play
Note – To Download the App, CLICK HERE
Once the app is downloaded and installed successfully, you should open the
app and click on registration option.
During this one time registration process provide your Bank details and
your mobile number
Now, based on your information your Unique ID i.e. UPI-ID will be created
Now this UPI-ID will be used to make transactions i.e. send or Receive
Benefits of the UPI App –
Instant Third Party Payments, No need to add beneficiary and wait till the
This facility is available 24*7
Now the Recharges, Transfers will be faster than before
The process is totally Hassle free
The UPI App is Trustworthy and Highly Secure
Download UPI App From Apple Store (iOS)
UPI Apps for iOS will be launched soon. We will keep you updated with
direct link here. Stay Tuned !