UPI

Is UPI available for current accounts?

Yes, UPI is available for current accounts. The National Payments Corporation of India (NPCI) allows businesses, retailers, and professionals to link their current accounts with UPI to facilitate seamless digital transactions. Key features include:
  • Instant fund transfers and real-time payment collections from customers.
  • 24/7 accessibility, including weekends and public holidays.
  • Enhanced security using a Virtual Payment Address (VPA) and a secure UPI PIN.
  • Higher transaction limits compared to savings accounts, as defined by individual bank policies.

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