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


do you know What is UPI and how does it work?? For the past few days, all of us are facing difficulties in doing money transactions because the Prime Minister of our country, Shri Narendra Modi, has taken strict steps against corruption and has stopped the old 500 and 1000 notes. .

It is obvious that due to this decision, the bribes will be getting rid of the sweat, but along with this, the common man is also facing a lot of troubles. In view of these problems, the Prime Minister has given another suggestion to us that now all of us should promote cashless economy.

Cashless economy This means that now we have to leave the transaction of money by hand. Online payment should be made.

Moving towards cashless economy is not so easy, but every difficult thing becomes easy by trying. We all know the importance of Internet, but still there are many such places in our country where people still do not 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. So in such a situation, it is the duty of the youth like us to teach them to use the internet which can be of great help in their everyday life.

Now the thing is that if we want to make online payment by leaving the transaction of money, then how can we do that, there are many mobile applications through which we can do online money transfer with the help of mobile like 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, from anywhere at any time 24 hours a day, whether it is holiday or not, you can do money transactions comfortably and its name is UPI. .

What is UPI and how does it work Today we will know about it from this article.

What is UPI – What is UPI in Hindi

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

You can make any kind of payment with the help of this, 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 more DTH recharge You can make all these types of payments through UPI. And it will transfer money from your bank account to the other’s bank account very fast and immediately in front of you.

The initiative to start UPI has been taken by NPCI. NPCI full name of National Payments Corporation of IndiaThis is the organization that currently manages the ATMs of all the banks in India and the interbank transactions happening between them.

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

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

What is the full form of UPI?

Full form of UPI is Unified Payments Interface

How to use UPI?

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

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

After that you will get a Virtual ID, where you generate your ID, that id can be your aadhar card number or it can be 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 creating an account in your UPI, you can easily send and take money.

How does UPI work?

UPI IMPS Immediate Payment Service system Which we use while using other net banking apps on mobile.

This service can be used every 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 of net banking apps work on the same system, then what is the difference between them?

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

Suppose that 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 earlier apps, you open those apps. Login, then you have to add the person to whom you want to send money.

While adding, many details have to be entered and for that you should know all the banking details like you should know the account number of that person, then its IFSC code, branch Similar details have to be filled, which takes a lot of time.

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

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

There is also a limit on sending money in UPI and that limit is per transaction. 1 lakh rupees And the fee for sending money is 50 paise per transaction, this is a very small amount that means you will not have to spend 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. Mahindra Bank Box
  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 created by NPCI. This system works based on IMPS interface.

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

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

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

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

6. It happens many times that money is deducted from the account but still the transaction is showing pending? So what should be done?
In such cases often the transactions have been processed. It shows pending status because there may be server issue in the backend of payee/beneficiary. If this issue is not resolved within 48 hours then you must definitely contact customer care.

7. Is it possible to link different bank accounts with the help of more than one UPI app on the same smartphone?
of course. You must transfer the same or other bank account number from one or more UPI can link.

8. Which mobile platforms are available where UPI can be used?
We can use UPI in 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 ever I have to register a complaint then how can I do it?
You can make this complaint in the UPI app itself, for this there is an option in the app.

11. What will be the result if someone ever enters the wrong UPI PIN?
If a user has ever entered a wrong PIN, then that ongoing transaction will fail.

12. What should be done if the bank name of a user is not detected by the UPI app?
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 payment be given to other merchants through UPI?
Yes absolutely. Payments to you through online mode Can be given in e-commerce sites if UPI option is available there then.

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

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

what did you learn today

I hope you like this article and also understand that What is UPI and how does it work?. Whatever money problems are being faced due to note ban, it can be overcome with the help of UPI.

If you have not used it yet, then definitely try it once. If you have any question related to this article, then you can ask by commenting below, I will be very happy to help you.