Fund transfer via UPI

Transcription

1 Fund transfer via UPI Under the Fund Transfer (Payment Gateway) option in Selfie platform, you can now remit your money via UPI (Unified Payment Interface). Requirements Selfie Login. Smart Phone with mobile number registered with your bank account. BHIM /Paytm/ BHIM UPI APP of Banks ( can download from Playstore etc.) ATM Debit Card linked to the Bank Account No. registered with Geojit. VPA (Virtual Payment Address) What is VPA? Virtual Payment Address (VPA) is a unique identifier which you can use to send and receive money on UPI. Think of it as an ID which you can use to transfer money. Will be generated on successful registration on BHIM / BHIM UPI APP of Banks. For first time user -- Down Load BHIM App Bharat Interface for Money (BHIM) is a payment app that lets you make simple, easy and quick transactions using Unified Payments Interface (UPI). UPI is an initiative by National Payments Corporation of India (NPCI) with the support of Reserve Bank of India. IMPS is also an initiative of NPCI and UPI is an advanced version of IMPS.

2 Who can use BHIM? Any user having a smart phone and bank account is eligible to use BHIM. That being said, you need your mobile number registered with the bank and a debit card linked to that account. How to access BHIM to create VPA Step 1 - Download & Install BHIM App from Playstore or Appstore Step 2 - Select your preferred language Step 3 - Select SIM which has mobile number that is registered with your bank Step 4 - Login by setting a 4 digit application password Step 5 - Select and link your desired bank account Step 6 - Set your UPI pin by providing last 6 digits and expiry date of debit card Step 7 - Your account is now registered and ready to use. Step 8 - On successful registration, a default ID (VPA) i.e mobilenumber@upi will be created. How to remit funds to Geojit via UPI Login to BHIM / UPI Supporting Bank Mobile APP. Login to Geojit Selfie Select the option Fund Transfer (Payment Gateway) on the top right position

3 Select the option UPI Enter the following details and click Verify. Confirm the details entered and click Confirm

4 Accept the request message received in your BHIM/ Bank App Close the Fund Transfer (Payment Gateway) page in SELFIE Fund will be credited immediately for trading, on receipt of the same in Geojit Bank Account Terms & Conditions Instruction can be from any bank offering UPI service to customers. Fund Transfer via UPI is allowed only from Geojit Registered Bank Account. This facility is not meant for NRI PIS customers. Preferred from Banks other than the banks listed for Online Fund Transfer. Customer needs to inform immediately to our customer care on non updation of amount in your trading account. UPI Instructions routed only through Geojit Selfie will be accepted. Direct instructions to Geojit VPA will be rejected without further notice. Advantages Faster than NEFT/RTGS/IMPS. Instant Buying Power on transfer of funds to Geojit via UPI from any banks offering UPI service. Override the limitation of limited banks in Payment Gateway. Unique Application (BHIM) can be used for fund transfer via UPI from any banks offering UPI service. Limitations At present, maximum amount that can be transferred per day depends on the fund transfer limit set by the bank from time to time. Not allowed if the mobile no registered with bank and in the phone is different ( For VPA creation In BHIM). Not allowed if debit card is not linked to the bank account(for VPA creation In BHIM). Not allowed if the same mobile number is linked to bank account with different name.

5 Disclaimer Geojit Financial Services Ltd will not be responsible for any amount not reflected in your account due to any technical reason which is beyond our control. Geojit will not help the clients to create VPA as it is outside the purview of Customer Service.