BHIM UPI Lite is a service offered by NPCI (National Payments Corporation of India) that enables customers to send and receive money instantly and securely. With BHIM UPI Lite, customers can transfer money in a few simple steps. The service is secure and easy to use. To use BHIM UPI Lite, customers need to install the BHIM UPI Lite App on their mobile devices and register using their mobile number and bank account details. After registration, customers can send and receive money by entering the payee’s details and the amount to be transferred.
Features Of UPI Lite
1. Low Transaction Fees: UPI Lite allows users to complete transactions with extremely low transaction fees, making it an ideal payment option for those on a budget.
2. Instant Money Transfer: UPI Lite offers near-instant money transfers, allowing users to move funds quickly and easily.
3. Secure Transactions: UPI Lite utilizes a secure payment gateway, ensuring that all transactions are secure and protected.
4. Easy To Use: UPI Lite is extremely user-friendly, and even those unfamiliar with the system can quickly understand how to use it.
5. Cross-Platform Compatibility: UPI Lite is compatible with a variety of different platforms, including Android, iOS, and Windows.
Also Read: How To Use UPI Without Internet?
Bhim UPI lite App
Bhim UPI Lite is a mobile payment solution developed by the National Payments Corporation of India (NPCI). It is a lightweight version of the Bhim UPI app, designed to make payments easy and accessible for users with slower internet connectivity or those with limited storage space on their mobile phones. The Bhim UPI Lite app provides users with features such as the transfer of funds, payment of bills, and recharge of mobile, DTH, and other services. It also allows users to create their own virtual payment address (VPA) for making and receiving payments.
How does UPI Lite work?
UPI Lite is a simplified version of the Unified Payments Interface (UPI) that allows users to send and receive payments directly from their bank accounts. It is a simpler, faster, and more secure way to send and receive money without needing to enter an OTP or other authentication details.
Step 1: Go to Play Store or App Store and Download BHIM app.
Step 2: Open and log in to the app.
Step 3: If your bank account is not linked or set up, then add the details of the bank.
Step 4: Scroll down in the app and click on the UPI Lite.
Step 5: Read the details and tap on the 'Enable Now' button to turn on UPI Lite.
Step 6: Now, you can add up to Rs 2,000 to your UPI Lite e-wallet.
Step 7: Select the bank account and add the money to your wallet.
Step 8: Tap on the 'Enable' UPI Lite button.
Step 9: Enter your UPI PIN. Your UPI Lite e-wallet will now be activated.
How will UPI Lite Benefit the Users?
UPI Lite will benefit users by allowing them to make quick and secure payments without having to use any third-party services or go through the long process of registering on a UPI platform. It will also provide users with a simple and easy way to pay for goods and services online or in physical stores.
UPI Lite will also provide users with a more secure way to pay for transactions as it does not require users to share their bank details or personal information.
What is the upper limit of UPI Lite payment?
The upper limit for UPI Lite payments is Rs. 10,000.
What is the difference between BHIM and BHIM UPI?
BHIM (Bharat Interface for Money) is a mobile app developed by the National Payments Corporation of India (NPCI) to facilitate digital payments. It is based on the Unified Payments Interface (UPI) platform and supports all banks that are UPI-enabled.
BHIM UPI is an upgraded version of BHIM which is more user-friendly with features like QR code scanning, merchant payments, etc. It is also an interoperable platform that allows users to make payments from any UPI-enabled bank account to any other UPI-enabled bank account.
Can UPI Lite work without Internet?
No, UPI Lite requires an active Internet connection to function correctly.
Is UPI Lite available in GPAY?
Yes, UPI Lite is available in GPay. UPI Lite is a simplified version of UPI that uses a personalized virtual payment address (VPA) instead of a bank account number, IFSC code, and other details. It allows users to instantly receive and send money, pay bills, and shop online.
UPI Lite Supported Banks
UPI lite supported banks The list of banks that support UPI lite includes:
1. Axis Bank
2. Bank of Baroda
3. Bank of India
4. Canara Bank
5. Central Bank of India
6. HDFC Bank
7. ICICI Bank
8. IDBI Bank
9. Indian Bank
10. IndusInd Bank
11. Punjab National Bank
12. State Bank of India
13. Union Bank of India
14. United Bank of India
