Mr. Chawla runs a transport and logistics company in Dehradun and sends shipments all over the country. He collaborates and works together with many truck drivers who transport his shipment to their respective destinations. Managing numerous truck drivers and clearing their payments is increasingly becoming a pain for him. Often, there are misplaced bills, missed invoices, delayed payments, shortage of cash in hand, and a lot many other payment-related issues that make him a transporter that truck drivers hardly want to work with.
Mr. Chawla, then, was advised by his fellow transporters, who have been using Vahak Payments on the Vahak app, to try UPI payment for better and effective management of cash transactions. His son taught him how to link a bank account with UPI, and now he is an expert in handling transactions. UPI not only made it convenient for him to send and receive cash but even reduced his workload. Once he learned how to link a current account with UPI, there was no looking back for him.
Much like Mr. Chawla, many of the transporters and truck drivers do not know how to link a bank account to UPI. They haven’t been able to make the most of the blessing that UPI transactions provide in today’s fast-paced, tech-based, digitized world. So why not learn everything about UPI? Right from what is UPI to how to link a bank account with UPI–let’s try and find an answer to all these and more!
What Is UPI?
Unified Payments Interface is a platform that brings together several banking facilities in one place and enables its users to send and receive cash in an instant, without going through the tedious process of entering bank details every time.
UPI works 24*7 and across the country. Hence, even when a truck driver delivered a consignment late at night, Mr. Chawla could pay him immediately from the comfort of his home.
The recent Covid pandemic has highlighted the importance of going contactless. UPI is a boon in this case since one can be physically distant and yet send or receive money without any delays.
The only thing one must know is how to link a current account with UPI and one can get started with fast, reliable, and hassle-free cash transactions. So let’s now focus on understanding how to link a bank account to UPI.
How To Link A Bank Account With UPI?
If you too want to benefit from UPI just as Mr Chawla did, then you need to know how to link a current account with UPI. Follow our guide below for an easy UPI setup:
First and foremost, Check if your bank supports UPI transactions. Most banks nowadays have their own UPI app which you can easily download on your smartphone.
One of the most commonly used UPI is the BHIM UPI developed by the National Payments Corporation of India (NPCI). However, there are many other private payment gateways too.
Make sure your mobile number is updated and registered with the bank so that you can complete the verification process.
After downloading the UPI app, select your choice bank from the given options. The bank will verify your identity by sending you an OTP (One Time Password).
Once you verify, your unique Virtual Payment Address(VPA) will be created through which you can send or receive money.
Linking your bank account will be completed when you set a four-digit login Code/Password. This will be used hereafter to access the app before every transaction.
- Proceed to enter the details of your debit card and the expiry date, and set a UPI PIN.
That’s it! We hope to have made things easier for you just as Mr Chawla’s son did it for him!
Wondering how to link a bank account with UPI without a debit card? Don’t worry, we’ve got that covered too!
How To Link A Bank Account With UPI Without A Debit Card?
Since the Indian government introduced this facility recently, not many people know how to link a bank account with UPI without a debit card. Read on to get some clarity on this too:
Follow the same steps as before to download the app, set a login password, and select the bank.
Once you are taken to the page where you need to set your UPI PIN, select the option ‘Aadhaar Card Based Verification’.
Accept the terms and conditions, provide the Aadhar card number as directed by your UPI app, and confirm the same.
- Once the Aadhar card number is validated, you will receive an OTP which you can enter to set and confirm your UPI PIN.
You are now set to use your UPI without a debit card.
How To Link UPI With SBI Bank Account?
Another common query that we have heard is how to link UPI with SBI bank account? Mr. Chawla, too, had an SBI account and here’s how his son did it:
SBI supports a UPI app called BHIM SBI Pay App which you need to download on your smartphone.
Verify your mobile number and create your VPA by providing your personal details like your name and email id.
Accept the terms and conditions.
Select the bank as SBI and click ‘Register’.
Set up your password and move on to creating your UPI PIN/MPIN by filling in either your debit card or Aadhar card number
- Complete the verification process once again by entering the OTP.
We hope to have answered your query on how to link UPI with SBI bank account. Simply follow these steps and you will be good to go.
Conclusion
The government is making cash transactions easier and smoother by facilitating such UPI gateways. Follow these simple steps to know how to link a bank account with UPI, and make the most of this facility. For more doubts and concerns on how to link a current account with UPI, you can reach out to us on Vahak and get them cleared. You should download the Vahak app and try the Vahak Payments feature to enjoy the benefits of UPI.
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