Question 1

Is UPI PIN and ATM PIN the same?

Accepted Answer

No, UPI PIN and ATM PIN are not similar. UPI PIN is used for transactions through the UPI application, while ATM PIN is a 4-digit secure PIN used for necessary debit card payment or withdrawal of cash from the ATM.

Question 2

How do I create a UPI?

Accepted Answer

Before generating a new UPI PIN, you must first sign up with the bank for phone or internet banking. Once it is successfully done, you can generate a new UPI PIN by following the below steps:

Step 1: Go to the UPI application and check for the bank account section.
Step 2: Select the bank account that you want to set up UPI PIN.
Step 3: Enter the last six digits and expiry date of the debit or ATM card.
Step 4: You will receive an OTP on your registered mobile number.
Step 5: Enter the OTP and UPI PIN that you want to set an account.
Step 6: Click on submit.

Question 3

What is my 6-digit UPI PIN?

Accepted Answer

UPI PIN is a unique 4-digit or 6-digit PIN used for online transactions through the UPI application. UPI PIN provides security to your UPI-linked bank account.

Question 4

What is UPI PIN?

Accepted Answer

A UPI PIN is a 4 or 6-digit personal identification number used to authorize UPI transactions from your bank account.

Question 5

What is UPI PIN in Google Pay?

Accepted Answer

In Google Pay, the UPI PIN is the secure code you enter to send money or make payments through your linked bank account.

Question 6

What is UPI PIN in PhonePe?

Accepted Answer

In PhonePe, the UPI PIN is required to approve money transfers or payments from your selected bank account.

Question 7

What is my UPI PIN?

Accepted Answer

Your UPI PIN is the secret code you set while linking your bank account; only you know it, and it should not be shared with anyone.

What is UPI - A Comprehensive Guide to Secure Transactions