Using the UPI payments app has begun to bring a new change in our country by enhancing Digital Transactions. Most of the Banks are now using the UPI platform to do digital transactions. The banks include names like ICICI Bank and HDFC Bank UPI. The only bank that was missing this feature was the India’s biggest bank State Bank of India. But now SBI have also started their UPI SBI App to make the digital transactions more convenient and fast for the SBI users. Users can transfer or receive their money using the SBI UPI.
State Bank of India UPI
According to an English daily Newspaper, this UPI SBI app can be a boon for those who do not have an account in any bank. But at present, only those who hold an account in SBI will be able to avail the benefit of this app. Using the UPI app money can be transferred to only those already have UPI app. That means money can not be transferred to another app or digital wallet. Money can be withdrawn from State Bank of India by using this UPI app. You can know the full information about this app here at SBI Pay app.
SBI UPI App Download
Users can download this app from the Google PlayStore where it can be downloaded to your smartphone. There is no app named SBI UPI in the PlayStore because its name is SBI Pay App From Rs 50 to Rs 1 lakh in a day can be transferred through the UPI. The UPA will work 24 hours a day and seven days. The UPA actually transfer funds from one virtual ID to another virtual ID. In the UPI you will get your virtual ID from your bank. If your phone number is 9876543210 and the account is in SBI then your virtual ID can also be 9876543210 @ sbi.
If you want to use the UPI app for SBI then you will have to download the SBI Pay App or you can download it from here SBI Pay App Download
How to send money instantly?
If you want to send money to your home. Put a virtual ID of any member of your family in the UPI app. Fill the amount to be sent and press the pay button. Money will be accessed from your account to that member’s account. The only thing that needs to be done is that the person who receives money and money has the UPI app on his/her phone. By this, shopping or online shopping can also be done in the market, that too completely cashless and cardless.
Send Money from your Mobile Number
In order to use this app, people have to first download the app then register it with their mobile number and bank name. The UPI Registration Number will work just like the bank account number. Virtual payment can be made from this account only. You can only message to the other users of the bank or any other user from the UPI. In this system, the cash remains only with the registered bank.
How to Transfer money using SBI UPI App?
Follow the steps to successfully transfer money from SBI UPI app or the SBI Pay app:
- Enter the SBI UPI App or SBI PAY App through the MPIN you created.
- Select the Pay option
- Select an account from the list of accounts you’ve added.
- Enter the VPA of a payee.
- Confirm the details fetched. Name of Payee will show up, confirm it.
- Enter the amount.
- Enter your remarks
- Click on Pay
- Enter MPIN
- Find the receipt.