You would have to deal with the UPI pin if you are using the UPI Apps. Often, you forget the UPI PIN and want to know the process of Reset. Even you may need to change the existing UPI PIN as someone has known it. So In this post, I would tell you
What is UPI PIN
UPI PIN is the key to your bank account when you make a payment through the UPI App. Unless you enter the UPI PIN, the fund transfer would not take place. It is just like the ATM PIN. So Be careful about it.
Also Read: What is UPI
UPI-PIN is a 4-6 digit secret code you create/set when you link a bank account with any of the BHIM UPI App. So, Each linked bank account would have its own UPI PIN. This PIN is used whenver you send money or check balance through a UPI app. This PIN works only on UPI apps or *99# banking.
Full Form of the UPI PIN
The UPI PIN is made up of two terms UPI and PIN. Thus the full form of the UPI PIN would be the full form of these two terms. Therefore the full form or UPI PIN is Unified Payment Interface Personal Identification Number.
Apps which Use UPI PIN
Following BHIM UPI apps use the UPIN PIN for authentication of fund transfer. I am listing only the big apps.
Why a New PIN
UPI PIN is necessary to make the BHIM or any UPI app secure. You would agree that there should be a PIN before the final approval of the payment. The mobie wallets do not require such PIN, hence they are less secure.
Because of the UPI PIN, any other person can’t transfer money in case you have lost the smartphone. The UPI app of your phone would ask for the UPI PIN which would be confidential to you. Besides this, Many UPI apps also ask a passcode before opening the app. Thus it gives you double security.
Also Read: Security of Tez App
In coming days, your fingerprints would replace the UPI PIN. However, for that, you must have a fingerprint scanner phone or device. You may have used fingerprint authentication with the imobile app of ICICI Bank.
How To Reset/ Create UPI PIN
When you first time
- Last 6 digits of your debit card
- Validity Date of your Debit card
- Access to the Mobile number which is linked to your bank account.
Once, you have the above details and mobile phone, you can proceed to reset the UPI PIN. To show you the step by step method, I have taken the example of Phonepe.
learn step by step process of UPI PIN Resetting. The process is simlar to the Google Pay, Paytm, BHIM and SBI Pay.
- Reach To Bank Account Section
Open the UPI App (Paytm, Google Pay, phonepe) App and go to the Home Page. In the phonepe, you should Tap on the ‘My Money’. You can find this option at the bottom of the Home Page. For other apps, you should reach to the section where linked bank accounts are listed.
- Choose Bank Account To Reset UPI PIN
Now you would see your linked Bank Account. There can be more than one account If you have linked them. Choose the bank account to which you want to reset the UPI PIN. Below Every bank account, you would see the option to CHANGE BHIM UPI PIN and RESET BHIM UPI PIN. Tap on the Reset BHIM UPI PIN.
- Enter Debit Card Details
Now you have to enter the Debit card details in the Pop-up Box. Take out your debit card and enter the last 6 digits. As you may know that every debit card number has 16 digits.
Enter validity or expiry date of the debit card. It is written just below the debit card number. However, some SBI cards don’t have a validity date. In this case, you should enter 01/49. Tap on the ‘Continue’.
- Enter New UPI PIN
Now, you would see a field for the OTP and new UPI PIN. The Phonepe System itself detect the OTP sent to your mobile number. Hence, you are not required to enter it. Once, you see that OTP is filled automatically, enter the desired 4/6 digit UPI PIN. Most of the banks
require 4 digit UPI PIN. You have to enter the new UPI PIN again to confirm it. Tap on the submit.
- UPI PIN Reset Complete
This completes the Reset Process of UPI PIN, you would see a successful UPI PIN Reset message in the screen. The message disappears after
fewseconds. You may also receive an SMS from the bank in this regard.
How To Change UPI PIN
Changing UPI PIN is quite easy. As it requires less information. To Change UPI PIN of a bank account, you have to only enter the existing UPI PIN. On the basis of existing UPI PIN, you can set the new UPI PIN.
1- Open the UPI App home page and go to bank account Section.
2- Tap on the Change BHIM UPI PIN, written at the bottom of your bank account detail. If there is more than one bank account, choose the account carefully.
3- Now, you have to enter the existing UPI PIN and New UPI PIN both. Confirm the new UPI PIN by entering it again. That’s it. You would see the success message on your screen.
UPI PIN in USSD banking
Just after the launch of BHIM app, BHIM USSD banking also changed. It has become simpler. Now there are new options. Instead of the term MPIN, now we can see the term UPI PIN. When you dial the *99#, you would see 7 options. The last option is for UPI PIN.
You can also reset and change the UPI PIN through the USSD banking. To Reset the PIN, you have to give the debit card details and enter the OTP. Changing UPI PIN is as easy as in the UPI app. You must know that USSD banking works with feature phone without the internet.
UPI PIN, set through the USSD banking, can be used in the BHIM as well. Similarly, UPI PIN set in the UPI app can be also used for USSD transactions.
FAQ on UPI PIN
What if I enter the wrong UPI PIN?
No problem, the app will prompt you to re-enter the correct UPI-PIN. Normally banks allow maximum 3 tries of UPI PIN. After 3 wrong consecutive UPI PINs, Your UPI PIN gets locked. It opens after 24 hours. Meanwhile, you can reset the PIN.
Also Read: How To Set UPI PIN Tez App
Does BHIM store my UPI PIN? How secure is it?
Bharat Interface for Money does not store or read your UPI-PIN details and your bank’s customer support will never ask for it.
Should I tell UPI PIN to the bank executive?
Never! you should not tell UPI PIN what if the bank manager asks. Please do not share your UPI-PIN with anyone.
What if my UPI PIN does not Work?
If BHIM app is not accepting your correct UPI PIN you can contact customer care to resolve the issue.