Bank Account Linking

byPaytm Editorial TeamLast Updated: September 15, 2025

Definition

Bank account linking is the process of connecting your bank account with a digital payment platform, such as UPI. By linking, users can make payments directly from their bank without needing separate wallets. It ensures that money always remains in the bank and is accessed securely when required.

Examples

  • Linking a salary account to a UPI app for everyday transactions.
  • Adding both savings and joint accounts to one app for flexibility.
  • Businesses linking current accounts to manage customer payments.

Importance

  • Makes digital transactions faster and easier.
  • Supports multiple accounts under a single app.
  • Improves security since no balance needs to be transferred into third-party wallets.

Use Case

People commonly use bank account linking to pay bills, transfer money, or receive salaries directly without carrying cash.

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