Is BHIM UPI free?

Yes, BHIM UPI is free for customers. There are no charges levied by the National Payments Corporation of India (NPCI) for downloading or using the BHIM app. Key details include:

• Personal transactions: Peer-to-peer (P2P) transfers directly from one bank account to another are completely free of cost.
• Merchant payments: Most payments made to merchants are free for customers. However, an interchange fee may apply to merchants for high-value transactions above 2,000 made via Prepaid Payment Instruments (PPI) like wallets.
• Bank charges: While the platform is free, individual banks may impose nominal charges for certain UPI-related services based on their internal policies.