UPI FAQS
UPI FAQs
- What is Equitas UPI?
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Equitas Unified Payments Interface (UPI) is an instant payment system, which is built over the IMPS infrastructure. You can instantly transfer money to the beneficiary with any bank account.
- How long does it take to transfer money to beneficiary’s account?
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The money will be instantly credited to the beneficiary’s account
- What is BHIM/UPI PIN?
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BHIM/UPI PIN (Personal Identification Number) is a 4-6 digit pass code you create during first time registration with this App. You have to enter this UPI-PIN to validate all your bank transactions. Note: Please do not share your UPI-PIN with anyone.
- Can I transfer money to the unregistered beneficiary from my UPI ID?
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Yes. Payments can be transferred via IFSC/ Account number or MMID/ Mobile number or Aadhaar number of the beneficiary.
- What is the maximum limit for transferring money through UPI?
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Channel Per Transaction Limit (INR) Daily Transaction Limit (INR) Daily Transaction Count Monthly Transaction Limit (INR) Monthly Transaction Count EQUITAS (Equitas UPI application) 100000 100000 20 3100000 620 UPI.NPCI (Third party UPI application) 100000 100000 20 3100000 620
