BHIM APP introduction and supported Banks

The honorable PM of India Mr. Narendra Modi has clearly shown his views towards cashless transactions and took a further  step to introduce a new app for digital payments named BHIM(Bharat Interface for Money)- after Babasaheb Dr Bhimrao Ambedkar.

#What is BHIM?

 BHIM is a digital payment app based on UPI system from National Payments Corporation of India to make all retail payments through a single platform in India.

#What is so special in BHIM than others?

    BHIM app is supposed to support aadhar based payments with thumb impression, but that facility is yet to get started. Android users can download this app from play store while this app is not available for iOS and windows phone. After downloading the app there are three options send, request and scan/pay. In BHIM you also get the option to transfer funds via IFSC and MMID(for non-UPI banks also). This step clearly indicates that government has decided to go with one single app that will enable all digital transactions through UPI.
                   Via BHIM you can make fund transfer maximum of 10,000 rs per transaction and 20,000 rs within 24 hrs. BHIM is available in Hindi and English languages and other languages are coming soon.

#UPI supported banks:-

For this transactions also it is important to know that whether your bank is supported by BHIM or not. Allahabad bank, Axis bank, Andhra Bank, Bank of Baroda,Bank of India, Bank of Maharashtra, Canara Bank, Catholic Syrian Bank, Central Bank of India, DCB Bank, Dena Bank, Federal Bank, HDFC Bank, ICICI Bank, IDBI bank, IDFC BANK, Indian Bank, Indian overseas Bank, Induslnd Bank, Karnataka Bank, Kotak Mahindra bank, Oriental Bank of commerce, Punjab National Bank, RBI Bank, South Indian Bank, Syndicate Bank, Union Bank of India, SBI, UCO Bank are the names of few banks which supports the UPI system.
                  Atlast, its a long way ahead for BHIM to become India’s default payment app as internet is not spotty everywhere and aadhar based payments are not rolled out fully.

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2 comments

  1. MOHD Hasan SIDDIQUI

    On 27th July the transaction was failed but amount was debited from my account and was not credited to another’s account kindly help me out I tried to contact to my bank and customer care but got no conclusion.

    • Dear Sir,

      Please Note that in case of failed transaction, The Bank from which the money is deducted is responsible for

      refunds as according to BHIM T&C Clause No. 6.1, NPCI is not responsible for refunds. So kindly report the issue

      immediately to the bank and get the complaint number and save it for future reference. As even after your

      complaint Bank is not responding properly or Staff misbehaves, Kindly complaint this to the Banking Lokpal given

      on this website.

      Regards

      Saumya

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