Bank of Maharashtra has furnished its UPI (Unified Payments Interface) service which will facilitate the customers in accessing their bank accounts on the mobile and perform transactions online. In this article, you will read about Bank of Maharashtra UPI, how to create a UPI PIN, how to send/receive money.
What is UPI?
UPI is a real-time payment platform which allows the users to transfer funds from one bank to another with a unique UPI pin. With this service, funds are transferred instantly without sharing bank details or adding beneficiaries.
Related Article: How to generate a UPI PIN?
Bank of Maharashtra UPI App
Bank of Maharashtra has collaborated with BHIM UPI, the official UPI app by the NPCI (National Payments Corporation of India), to cater to the account holders who wish to use UPI to transfer funds. The BHIM Maha UPI app is available for Android devices on Google Playstore.
In order to transact via BHIM Maha UPI app, all the users must create a secure banking UPI PIN. A UPI PIN is a unique 4-digit security code which is required to perform financial transactions in the app and also to keep the account safe.