BHIM SBI Pay – SBI UPI App

Unified Payments Interface (UPI) is a payment system where you can transfer funds between two bank accounts by using your mobile phone. You do not need to enter complete account details of the beneficiary; just enter their registered mobile number, Aadhaar number or Virtual Payment Address (VPA) to transfer funds.

SBI has launched its UPI app by the name ‘BHIM SBI Pay’. One can use this app to transfer funds and make bill payments instantly. ‘BHIM SBI Pay’ is available on Google Play Store and iOS App Store. This app can be used by non-SBI account holders as well. The only condition is that you need to have at least one bank account and your mobile number has to be linked to that account. The debit card should also be linked to the bank account.

Once you have downloaded the app on your smartphone you need to do a one-time registration. Follow the steps mentioned below to register and make your account in BHIM SBI Pay:

How to Download SBI Pay

Follow the steps mentioned below to download SBI Pay:

Step 1: Go to Google Play Store or App Store 

Step 2: Search for SBI Pay App

Step 3: Click on it and install the App

BHIM SBI Pay Registration

To register SBI Pay, follow the steps mentioned below:

Step 1: Launch the app once downloaded

Step 2: SMS-based mobile verification will be carried out upon start-up

Step 3: Choose a preferred VPA

Step 4: Enter name and email ID

Step 5: You need to answer the security question

Step 6: Confirm details and click on the ‘Next’ button. The details will be submitted to the UPI engine for registration

Step 7: Proceed to select the bank account and click on the ‘Register’ button

VPA Creation in BHIM SBI Pay

In order to create a VPA, you need to first add a bank account. So keep the bank details handy for you to use.

• Just as you have an email ID for emails to be sent or a bank account number for funds to be sent, you also have VPA for you to send funds when using the UPI app
• Create a Virtual Payment Address (VPA) with the suffix ‘@SBI’
• It can be a combination of alphabets or digits or both
• It can be your phone number, email address or name
• Just as you decide on your email ID, you will also need to check the availability of the VPA handle before setting the same
• During the VPA registration, you will be asked to provide details like name, email address, security questions, bank account and you should also read through the terms and conditions section
• Ensure that you click on the terms and conditions page to proceed further
• Check your account number and click on register
• Your UPI set up is complete. You can now simply use the VPA instead of your bank details to get or transfer money

How to Set MPIN on BHIM SBI Pay?

Once your registration is complete, you will need an MPIN to make a payment. You can set the MPIN using your debit card details.

Step1: Log in to the SBI UPI app and go to the management page

Step 2: Select the account for which you want to set mPIN

Step 3: Type the last 6 digits of your debit card and feed in the expiry date

Step 4: You will get an OTP on your registered mobile number

Step 5:Enter the OTP in the box and then create an mPIN

How to Transfer Funds using the SBI UPI App?

It is very simple to transfer funds using the SBI app. It is as simple as sending an SMS to another mobile number. Here are the steps that you need to follow:

Step 1: Open the UPI app and enter the 6-digit login password

Step 2: Click on the ‘payment’ section

Step 3: Select the account from the list of drop-down available. Remember you can use this app to transfer funds from multiple accounts

Step 4: Select the payee. You can either type the VPA or the bank details. In case you are typing the bank details, then ensure that you have all the requisite details like IFSC code, bank account number, branch name and address

Step 5: In case you feed in the VPA, the app will also show the actual name of the person for cross verification

Step 6: Enter amount and remarks and click on pay

Step 7: On the next page, enter the mPIN

Step 8: If the MPIN is correct, funds will be transferred

It is very easy and simple and can be done anywhere at any time. Almost all UPI apps have a similar mechanism.

How to Collect Money using BHIM SBI Pay App?

You can also request money from someone using the SBI UPI app. It is a unique feature available with UPI apps. The only thing that you need to share with them is your VPA which the sender can use to transfer the funds into your account.

Step 1: Set a bank account as default receiver so that all funds credited to the BHIM SBI PAY is credited into that account

Step 2: For the collection of funds, you need to log on to the App and click on the Collect tab

Step 3: You can feed in the VPA of the person from whom you want to request money after using the MPIN and enter amount and remarks (if any)

Step 4: Once the request is accepted by the sender you will get a notification

Step 5: You can also put a time limit on the transaction in terms of hours and days to ease tracking of the same

How to Shop using SBI UPI App?

• This is as simple as sending money. You can now ask the vendor or shopkeeper to help you with his VPA so that you can transfer funds directly into his account
• This is a seamless form of transaction that will actually help you make an instant transfer
• When shopping online, you can make the payment easily as many portals accept VPA payments these days
• SBI UPI App is easy to use and can be used by anyone at any place
• The fact that transfers happen instantly makes it a much-coveted option for most users as, within a few minutes, the transaction is complete
• One no longer needs to visit the bank for small transfer requests; they can now do so from anywhere

SBI has gone a step further and also integrated its different apps in terms of functionality and ease of usage. SBI already has two apps called SBI Buddy and SBI Anywhere. They have integrated the UPI app with the existing apps so that people can use all their features under one umbrella. SBI buddy is also a popularly used app from State Bank of India. It is basically a mobile wallet that is offered to the account holders of SBI.

Gone are the days when, in order to transfer funds from one account to another or one bank to another, you had to physically visit a branch in person. NEFT and RTGS are also counted among the preferred modes of fund transfer but both of these require you to add a payee/beneficiary using the account number, IFSC and other details. On the other hand, UPI works on the IMPS infrastructure and allows you to transfer funds in real-time without the need to enter bank account details. Registered mobile number/Aadhaar Number/VPA of the beneficiary is enough to initiate a fund transfer through UPI.

Q. What is BHIM SBI Pay?

BHIM SBI Pay is UPI App of SBI which allows the account holders of all Banks participating in UPI to send money, receive money and do online bill payments, recharges, shopping, etc. using their smartphones.

Q. Can I link my mobile wallet to BHIM SBI Pay?

No, you cannot link your mobile wallet to BHIM SBI Pay. Only bank accounts can be linked to the same.

Q. Can I use BHIM SBI Pay on my Android?

Yes, the UPI app of SBI is available for Android as well as iOS phones. 

Q. How can I file a complaint in case of any dispute in a transaction?

Follow the steps mentioned below to file a complaint in case of any dispute in a transaction:

Step 1: You need to log in to the SBI Pay App

Step 2: Go to ‘My UPI Transactions’ section

Step 3: Tap on the ‘Raise Query’ option

Step 4: Choose the type query. Once done, enter the remark

Step 5: Verify details and click on the ‘Submit’ button

Q.What are the various channels that can be used to transfer money through SBI Pay?

Following are the various channels that can be used to transfer money through SBI Pay:

• VPA
• Account number and IFSC code
• Collect or pull-based on virtual ID

Q. Can I transfer funds to foreign countries using SBI Pay App?

No, you cannot transfer funds to foreign countries using SBI Pay App.

Q. Can an individual holding a bank account with another bank use SBI Pay??

Yes, an individual holding a bank account with another use SBI Pay.

Q. Can I use more than one UPI App on the same mobile?

Yes, you can use more than one UPI application on your mobile phone and link the same as well as different accounts in both the UPI apps.