BHIM

byPaytm Editorial TeamLast Updated: July 11, 2025

Introduction

BHIM is a government-developed UPI mobile application that enables fast, easy, and secure digital payments directly from bank accounts.

Definition

The full form of BHIM is Bharat Interface for Money. It is a UPI-based app launched by NPCI (National Payments Corporation of India) to promote cashless transactions.

How It Works

BHIM links your bank account to your mobile number and lets you send or receive money using UPI ID, QR code, or phone number. It works 24/7 across all banks and supports checking balances, setting UPI PIN, and managing beneficiaries.

Benefits

  • Simple and user-friendly interface
  • Backed by the Government of India
  • Works across all UPI-enabled banks
  • Secure and free for all users

You May Also Like

Jan Dhan YojanaLast Updated: December 29, 2025

Meaning & Definition Pradhan Mantri Jan Dhan Yojana (PMJDY) is a government scheme started to give every citizen…

Cash CreditLast Updated: November 14, 2025

Meaning Cash Credit is a short-term loan provided by a bank to businesses to meet working capital needs.…

UPI Account BlockingLast Updated: October 21, 2025

Meaning UPI Account Blocking happens when your UPI service is temporarily or permanently restricted due to suspicious activity…

UPI Transaction AlertsLast Updated: October 21, 2025

Meaning UPI Transaction Alerts are instant notifications sent to users whenever money is sent or received. Purpose Alerts…

High-Value PaymentsLast Updated: September 15, 2025

Definition High-value payments are transactions involving large sums, usually above the standard daily limits set by banks or…