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Transfer now via UPI on your MyBank India App

via UPI on MyBank India app

UPI

UPI stands for Unified Payments Interface (UPI) which is a platform provided and developed by the National Payments Corporation of India (NPCI), an RBI regulated entity to facilitate inter-operability amongst various banks.

It allows account holders to instantly send and receive money using their smartphones with a single identifier – virtual payments address (VPA) without entering any bank account information. Therefore, customers do not need to know the payee's or payer’s IFSC code, bank account details, etc. and this makes the process simpler. This service is available 24/7, including bank holidays.

  • Registration to be done one time only and will be prompted on first time usage of UPI
  • Click on BHIM UPI icon from the footer menu, or from the hamburger side menu, or click on fund transfer and then select BHIM UPI option
  • Enter OTP received on your registered mobile number
  • Create your personalized Virtual Payment Address (VPA) or select one from the list of suggestions
  • Link your bank account to send / receive money
  • You can now start using BHIM UPI
  • Send money to any verified virtual payment address (VPA) using Transfer to VPA option
  • Send money to any account number* using Transfer to account option
  • Send money to any QR Code using Scan & Pay option
  • Send money by approving any collect request received from a verified virtual payment address (VPA)

*IFSC code also required

  • Receive money from any verified virtual payment address Request money option
  • Generate your personal QR code to receive money from any verified virtual payment address (VPA)
  • Receive money request sent to other VPAs can be viewed in pending requests section. Click on pending with others button to view the requests
  • Scan merchant QR code to make instant payments
  • Enter your Deutsche Bank VPA address on any merchant website, approve collect request from your MyBank India app to make payment
  • Collect requests can be viewed in pending requests. Navigate to pending requests and click on pending with me button
  • Link additional account to your existing VPA from the manage VPA section
  • You can create additional VPAs
  • You can delete VPA / de-link from the manage VPA section
  • Money sent from the MyBank India app can be viewed under sent money section
  • Money received using your Deutsche Bank VPA can be viewed under the receive money section

Frequently asked questions

Frequently asked questions for Non-Resident Individuals on UPI facilities

Click here to read detailed terms and conditions.

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