UPI For NRIs: Seamless Money Transfers And Secure Transactions In India

Tripbeam is excited to bring up UPI for NRIs. The Indian government has upgraded UPI technology to help the 36 million Indian – origin expats. These expats form the world’s largest ethnic diaspora. Now, NRIs with NRE and NRO accounts can use UPI to send money and make transactions in India. They can do this promptly and securely with their smartphones. Unlike traditional wire transfers, UPI transactions are free of charge. Here are the details you need before getting online flight tickets to Amritsar from USA with us.

Everything About Smooth Money Transfers And Secure Transactions For NRIs Via UPI

NRIs can make smooth money transfers to their loved ones back in India with UPI. Secure transactions have become easier as UPI comes into play. Everyone can do it through their smartphone and the best part is that these UPI–enabled transactions are free to use as much as you want. So, if you are an NRI looking to make flawless money transfers through UPI to India, you need to understand the basic details about it.

Are you eligible for UPI-enabled no-fee transactions?

NRIs, PIOs, and OCI cardholders can now use UPI for transactions to and in India, provided they meet certain requirements. These cardholders can be from these countries only. These are the USA, UK, Canada, UAE, Singapore, Australia, Qatar, Oman, Saudi Arabia, France, and Hong Kong. To be eligible, you need to have an NRE or NRO account linked to your international mobile number.

You can link your international mobile number to UPI apps like iMobile (ICICI Bank), BHIM Indus Pay (IndusInd Bank), SIB Mirror (South Indian Bank), FedMobile (Federal Bank), BHIM AU (AU Small Finance Bank), or PhonePe. Once linked, you’ll be able to make instant UPI payments. You can also link it to the banks that are compatible with UPI. This makes you eligible for instant UPI payments. So, go check what’s possible for you in India or simply come meet your loved ones with us. Get cheap flights to Delhi from USA and come now!

Step By Step Handbook To Set Up UPI For Instant Financial Transactions

To set up UPI for instant money transfers, you need to follow a few simple steps.

Download a UPI App:

First, choose a UPI-enabled app like PhonePe, Google Pay, or a bank’s dedicated app (e.g., ICICI iMobile, or Federal Bank’s FedMobile).

Link Your Bank Account:

Second, open the app and link your NRE / NRO bank account. Ensure your account is eligible for international transfers. Also, you need to check if your international mobile number is linked to your NRO or NRE account to move on to the next step.

Verify Mobile Number:

Next, you need to register your international mobile number in the app. You will be asked to verify it using an OTP sent to your number.

Set a UPI PIN:

Create a secure UPI PIN at this step. You will need this to authorize financial transactions.

Start Transferring:

Once it is all set up, you can instantly send money to India. You can easily make payments or transfer funds securely using UPI.

Concluding speedy and seamless financial UPI transactions to India for NRIs

Apart from this, you also need to know that your financial limit for UPI transactions is usually up to Rs. 1 lakh per day. However, it does depend on the limit your bank provides. Additionally, from the time of your new UPI ID activation to 24 hours, you can only make a transaction for Rs. 5000. So, whether you are sending money to your loved ones back home or not, plan a surprise visit as well. We can help you with arranging your trip. Go book cheap flights to Mumbai from USA with us and travel now!

Also Read: Relocating to India? Some Important Tips for NRIs to Consider