What is a BHIM UPI ID?

A BHIM UPI ID is a unique virtual payment address (VPA) that acts as a digital identifier for your bank account. Developed by the National Payments Corporation of India (NPCI), it allows you to send and receive money instantly without sharing sensitive bank details like account numbers or IFSC codes. It typically appears in a format such as name@bankhandle or mobilenumber@bankhandle. This ID simplifies digital transactions by enabling seamless, secure, and 24/7 fund transfers across different banks using any UPI-enabled application.