Union Bank UPI – Registration, Limit, Send/Receive Money

Union Bank of India offers below-mentioned UPI features:

• The facility provides real-time settlement of funds
• User can send/receive money immediately
• Multiple accounts can be added
• Transaction limit in a day is Rs. 1,00,000
• Option to set personalized UPI transaction limit

Union Bank of India supports below-mentioned types of UPI transactions:

• UPI ID: Input the UPI ID of the receiver and the amount that needs to be sent
• Transactions by Scanning the QR code: Transfer funds quickly just by scanning the QR code of the merchant
• MMID: To make transactions using MMID, enter the name, mobile number, & MMID to which the amount needs to be sent
• Account No. & IFSC: Enter the account number and IFSC code to send money

• Under P2P (person to person) category, user can make 20 transactions daily
• Under P2M (person to merchant) category, there are no limitations
• For the first time UPI users, the transaction limit is Rs. 5,000 within 24 hours of registering the service
• Per day transaction limit is Rs. 1,00,000
• The maximum transaction limit that can be set per transaction is Rs. 1,00,000
• For few categories in UPI like Capital Markets, Collections, Insurance, Foreign Inward Remittances the transaction limit is up to Rs. 2,00,000
• For IPO and Retail Direct Scheme, the limit is up to Rs. 5,00,000 per transaction

The below-mentioned steps explain how to set-up Union Bank of India UPI app:

Step 1: Login to VYOM application with the 4-digit login PIN

Step 2: On the dashboard, tap on BHIM UPI and click on ‘Yes’ to create your UPI ID

Step 3: Link your bank account and tap on ‘Proceed’

Step 4: On the next page, select your bank and ‘Proceed’. Your UPI ID will be created

The following steps explain how to send money through BHIM UPI from Union Bank of India’s VYOM app:

Step 1: Login to VYOM app by entering your login PIN.

Step 2: Tap on ‘BHIM UPI’ on the home screen and then click on ‘Pay’.

Step 3: Select your UPI ID.

Step 4: Add payee’s UPI ID, amount that needs to be sent and remarks.  Tap on ‘Confirm’.

Step 5: Enter the UPI PIN. The transaction will be successful.

The following steps explain how to send money through BHIM UPI from Union Bank of India’s VYOM app:

Step 1: Login to VYOM app by entering your login PIN.

Step 2: Tap on ‘BHIM UPI’ on the home screen and click on ‘Collect’.

Step 3: On the next page, enter details such as payer’s UPI ID, payee’s UPI ID, amount to be collected, expiry date and time of the transaction. Click on ‘Proceed’.

Step 4: Click on ‘Confirm’ on the confirmation page. The request to collect money will be sent.

• For any queries related to Union Bank of India UPI, customers can reach out to the bank on toll-free numbers 1800 22 22 44/1800 22 22 43/1800 208 2244/1800 425 1515
• 080-61817110– Chargeable
• One can block UPI transactions by calling on 7036311000. Alternatively, customers can also visit the branch for the same

Also Read: Union Bank of India Customer Care

Q.How many UPI IDs can be created in VYOM application?

Ans. A user can create a maximum of 3 UPI IDs in the VYOM application.

Q. What all types of accounts can I link to UPI?

Ans. Currently, you can link savings account, current account and overdraft accounts offered by Union Bank to UPI.

Q. Are there any charges on UPI transactions by Union Bank of India?

Ans. There are no charges levied by Union Bank of India for doing UPI transactions as of now.

Q. How much time will it take for a failed UPI transaction money to return to my bank account?

Ans. The failed UPI transaction will be reversed to your account in T+1 day.

Q. What is the process to register my RuPay credit card for UPI transactions?

Ans. Currently, RuPay credit card customers can link their Union Bank of India credit card for UPI transactions in BHIM/Paytm app. To know more, click here.

Q. Where can I activate my UPI Lite account?

Ans. Currently, you can activate your UPI Lite account in BHIM/Paytm app.

Q. How can I share the QR code of my account with other party for receiving funds?

Ans. You can share the QR code of your account from the option available on the home screen of BHIM UPI in the VYOM application.