BHIM UPI
BHIM UPI
Transactions using BHIM UPI are instant and are completed within seconds.
The Virtual Payment Address (VPA) is a unique identifier assigned to your bank account by any of the UPI apps. The VPA has a format of username@Kotak in Kotak Mobile Banking App.
Transaction limits are mandated and modified by NPCI frequently. They are subject to the limits prescribed from time to time by the other banks, where the user holds a bank account and has linked the said Bank account in the Application.
Money transfers using UPI can be made 24x7 instantly which means it can be done on holidays as well and are not dependent on banking hours.