UPI Kya Hai aur Kaise Kaam Karta hai (Puri Jankari Hindi Me)

do you know What is UPI and how it worksThe For the last few days, all of us are facing difficulties in transacting money because the Prime Minister of our country, Shri Narendra Modi, has taken tough steps against corruption. 500 and 1000 notes closed Is done.

It is obvious that with this decision, the bribe must have got rid of the sweat of the hooves, but at the same time the common man is also suffering a lot. In view of these problems, the Prime Minister has given another suggestion to us that now all of us should give a boost to the cashless economy.

Cashless economy Means that now we have to leave the money transactions with hands online should be paid

The growth of the cashless economy is not so easy, but every difficult thing becomes easy by trying. Internet We all know the importance of it, but still there are many places in our country where people do not yet have this facility.

And there are many people who know about the internet but do not know how to use it in a good way, like elderly people. In such a situation, it is the duty of the youth like us to teach them to use the internet, which can be a great help in their daily life.

Now the thing is that if we want to leave the transaction of money and make online payment, then how can we do that, there are many mobile applications through which we online money transfer With the help of mobile, you can do such as Paytm, Mobikwick, Freecharge etc.

Many of you must have used one of these to do mobile banking. Apart from these apps, there is another way through which we can easily do mobile banking, anywhere from 24 hours every day at any time, whether it is hidden or not, you can easily transact money and its name is UPI. .

What is UPI and how does it work We will know about it from this article today.

What is UPI – What is UPI

upi kya haiUPI Full name of Unified Payments Interface, This is a way with which you can send money from your bank account at any time, anywhere, to your friend’s account or relatives’ account, and even if you have to pay someone, you can easily UPI Will be able to give money with the help of

You can make any kind of payment with the help of it, like if you have bought some goods online, then you can pay with UPI or if you have made some purchases by going to the market, you can still use UPI.

Taxi fare, movie ticket money, airline ticket money, mobile recharge and DTH recharge You can make all these types of payments through UPI. And they will transfer money from your bank account to the bank account of the person in front of you very quickly and immediately.

The initiative to start UPI has come from NPCI. NPCI Full name of National Payments Corporation of India, It is the organization that currently manages the ATMs of all banks in India and their interbank transactions between them.

For example, if you have an ATM card of Axis bank, then you can withdraw your money by going to the ICICI bank ATM. NPCI takes care of all the transactions going on between these banks.

In the same way with the help of UPI, you can send money from your one bank account to the front bank account of the front.

What is the full form of UPI?

The full form of UPI is Unified Payments Interface

How to use UPI?

To use UPI, you must first Android phone I have to install its apps. There are many bank applications that support UPI such as Andhra bank, Bank of Maharashtra, Axis bank, ICICI bank etc.

In your phone Google Play Store Going to UP, you have to find and install the UPI app of the bank in which you have an account. After installing, sign in it and then create your account by giving details of your bank there.

After that you will get a Virtual ID, on which you generate your ID, that id can be your Aadhar card number or your phone number or that id can be an address like an email id. (like [email protected]) After doing just that, your work is over there.

After your account is created in UPI, you can easily send money and can also take money.

How does UPI work?

UPI IMPS means Immediate Payment Service system It is based on which we use other mobile banking apps while using them on mobile.

This service can be used all the time, every day, even on holidays. And UPI also works on this system, but here the question arises that if UPI and all other types net banking apps If they work based on the same system, then what is different between them?

UPI is different from all those apps, how? I want to give you an example to tell you this.

Suppose you are in dire need of money to your friend or relative and you have to send money to them as soon as possible, then what did you do in the earlier apps, by opening those apps login Then you have to add the person to whom you want to send money.

While adding, a lot of details have to be entered and for that you should know all the banking details as you should know the account number of that person, then his IFSC code, branch Name, etc. have to be filled with similar details, which takes a lot of time.

But in UPI all these things are not required, you only need that person UPI ID You have to put about which I told you above and by choosing how much money to send, you can easily send money.

Neither the hassle of entering any bank details nor it takes much time and there is no need to tell the front also which bank his account is or which name is registered in his account. Without knowing all this, we can send money quickly and safely with the help of UPI.

There is also a limit to send money in UPI and that limit is per transaction 1 lakh rupees And fees for sending money are charged per transaction 50 paise, this is a very small amount, that is, you will not have to spend too much money to send money and you will also be able to take advantage of instant money transfer.

List of UPI Enabled Banks

  1. State Bank of India
  2. Kotak Mahindra Bank
  3. ICICI Bank
  4. HDFC
  5. Andhra Bank
  6. Axis Bank
  7. Bank of Maharashtra
  8. Canara Bank
  9. Catholic Syrian Bank
  10. DCB
  11. Federal bank
  12. Karnataka Bank KBL
  13. Punjab National Bank
  14. South Indian Bank
  15. United Bank of India
  16. UCO Bank
  17. Union Bank of India
  18. Vijaya Bank
  19. OBC
  20. TJSB
  21. IDBI Bank
  22. RBL Bank
  23. Yes Bank
  24. IDFC
  25. Standard Chartered Bank
  26. Allahabad Bank
  27. HSBC
  28. Bank of baroda
  29. IndusInd

FAQs related to UPI (Unified Payments Interface)

1. What is UPI?
UPI, also known as Unified Payments Interface, is a real-time fund transfer process that has been created by NPCI. This system works based on the IMPS interface.

2. Which UPI app is right to download?
There are a lot of UPI apps in Google Play Store, so the user can choose any app according to his mind.

3. Is it necessary that the user download the UPI app of his own bank?
No . Users can download any UPI app. With this, you should know that it can be of your bank or any other bank also, it will not make any difference.

4. What is a UPI PIN?
This is a pin that is set during the registration process. It is used to authorize all UPI transactions.

5. If the money is debit during a user’s UPI transaction from his bank account, then what should he do?
At such a time, money often returns to the user’s account within 1 hour. And if it does not happen during this time then you must contact customer care.

6. Many times, money is deducted from the account, but still the transaction is pending pending show? What should we do in such a situation?
Transactions are often processed in such cases. This pending status shows because there may be a server issue in the backend of the payee / beneficiary. If this issue is not resolved within 48 hours then you must contact customer care.

7. Is it possible that with the help of more than one UPI app on the same smartphone, what link can be made to different bank account?
of course. You must have the same or other bank account number from one or more UPIs. link can do.

8. Which such platforms are the most popular mobile platforms where UPI can be used?
We can use UPI on Android and iOS platforms.

9. What is the maximum amount you can transfer through UPI?
You can transfer money up to a maximum of Rs.1 lakh per transaction.

10. If I ever have to register a complaint, how can I do it?
You can make this complaint only in the UPI app, for this there is an option in the app.

11. If anyone ever entered the wrong UPI PIN then what will be the result?
If a user has ever entered the wrong PIN, then that ongoing transaction will fail.

12. If a bank name of a user is not detected by the UPI app, then what should we do?
The first step should be to see that the mobile number of the user should be linked with the same bank account. If this does not happen then the app will never recognize your bank, and the linking process will never be complete.

13. Can other merchants be paid by UPI?
Yes of course Payments to you via online mode e-commerce Can give in sites if UPI option is available there.

14. How can you pay in UPI online?
First you have to go to the merchant site, after that you have to choose the UPI option, then enter the VPA and then the UPI PIN.

15. Can a user transfer money during bank holidays?
The answer is absolutely possible.

what did you learn today

I hope you liked this article and you must have also understood that What is UPI and how it works. Whatever the problems of money due to the closure of the note can be overcome with the help of UPI.

If you have not used it yet, then do try it once. If there are any questions related to this article, then you can comment below and I will be happy to help you.