Digital Money

The Complete List Of Banks That Allow You To Make UPI Payments Without a PIN

Unified Payment Interface or UPI is a system that facilitates instant money transfer between two bank accounts on a mobile platform. It is an initiative by the National Payments Corporation of India (NPCI) to boost digital payments in the country.

UPI allows you to send and receive money from any bank account using a single identifier. This identifier can be your mobile number, email address, or Virtual Payment Address (VPA). You don’t need to remember the beneficiary’s account number, IFSC code, or net banking user ID and password.

With UPI, you can also make payments directly from your credit card or linked bank account without having to go through the hassle of adding a beneficiary. In this article, we will provide you with a complete list of banks that allow you to make UPI payments without a PIN. 

  • Paytm Payments Bank 
  • Canara Bank
  • Central Bank of India 
  • HDFC Bank 
  • Indian Bank
  • Kotak Mahindra Bank 
  • Punjab National Bank 
  • State Bank of India 
  • Union Bank of India
  • Utkarsh Small Finance Bank 

Paytm now allows UPI payments of up to Rs. 200 to be made without a PIN

Paytm, India’s fintech and QR payments pioneer, has released its latest creation. Paytm UPI LITE is a useful payment option for individuals who wish to make quick and easy payments.

One of the most amazing features of Paytm UPI LITE is the ability to make payments of up to 200 in a single click, without the requirement for the standard 4-6 digit UPI PIN. This is extremely handy and simple to use, making it an excellent choice for little transactions. Users can perform lightning-fast UPI transactions that are safe and trustworthy with this feature, assuring they can make payments that never fail with just one click.  

Paytm UPI LITE is a secured on-device balance on the Paytm Super app, which means that your money is always secure and safe. Technical difficulties with a user’s bank can cause transaction failures or place transactions in a pending status in typical UPI transactions.

While using UPI lite, however, a transaction can be completed independently of the user’s bank if there is sufficient money in the user’s UPI LITE wallet. This enables customers to make payments to merchants or other users swiftly and effortlessly, especially during peak hours when UPI transaction traffic is high and bank systems are congested. 

Furthermore, the UPI LITE balance can be easily transferred back to the associated bank account at any moment without any fees which gives the customers total control over their money.

Another benefit of using Paytm UPI LITE is that consumers will only see one money transfer record in their bank account. This makes it simple to keep track of transactions and manage funds. Paytm is now the only significant app with this capability, making UPI on Paytm superior to any other app.

To improve the payment experience, Paytm now allows customers to execute an unlimited number of UPI Lite transactions every day, up to 4,000 in a single click, without worrying about exceeding the number of bank transactions limit.

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Stuti Talwar

Expressing my thoughts through my words. While curating any post, blog, or article I'm committed to various details like spelling, grammar, and sentence formation. I always conduct deep research and am adaptable to all niches. Open-minded, ambitious, and have an understanding of various content pillars. Grasp and learn things quickly.

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