How To Create Idbi Upi Id

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IDBI UPI PIN - Create & Reset

Updated on: 2021-10-21 12:25:13

IDBI UPI (Unified Payments Interface) facility is designed to help IDBI customers easily and safely perform financial transactions on their mobile. Hence after registering for IDBI UPI you don't have to visit the branch or ATM to perform banking transactions and can instead use your mobile and perform all types of financial transactions.

To keep your IDBI account safe and secure while performing financial transactions on your mobile, you have to create a secure banking PIN for your IDBI account. This PIN is called as the IDBI UPI PIN and it helps you easily and safely perform financial transactions from your bank account.

IDBI UPI PIN can be created online using our mobile app and you don't have to visit the branch or ATM for generating your IDBI Bank UPI PIN. After downloading our app, you can instantly create your UPI PIN and then immediately start performing banking transactions.

IDBI UPI PIN allows you to perform below mentioned financial transactions on your mobile:

Check account balance
Instant fund transfer to anyone in India in real-time. Transfer upto Rs. 1,00,000 per day
Mobile recharge & mobile post-paid bill payment
DTH recharge
Electricity bill payment
Gas bill payment
Credit card bill payment
Mediclaim (Health Insurance) premium payment
Buy insurance
Donate money
Book fixed deposit

How to create and reset your IDBI UPI PIN:

Download Cointab app for Android or iPhone
Install app using mobile number which is registered in your IDBI account. One SMS will be sent from your phone to verify your mobile number
Select IDBI for BHIM registration
All your accounts will be registered and activated for IDBI BHIM services
Select Generate UPI PIN option
Enter your debit card last 6 digits and expiry date
You will get OTP from IDBI for creating your UPI PIN
Enter UPI PIN you want to set
Confirm UPI PIN again
Your UPI PIN will be registered with IDBI and you can now use it to perform financial transactions on your mobile

This completes the process for IDBI UPI registration and you can immediately start performing BHIM UPI transactions such as account balance check, transfer money to anyone in India, payments, recharge, bill payment, etc.

Features of UPI PIN

Create IDBI UPI PIN online

UPI PIN can be created online using our mobile app. This is the biggest advantage of UPI wherein the secure banking PIN can be generated directly on your mobile without visiting the branch or ATM.

Separate UPI PIN for each IDBI account

If you have more than one account with IDBI Bank then you have to generate a separate UPI PIN for each account. This ensures that your IDBI BHIM PIN remain fully safe and secure and no one can transact on your behalf.

Mandatory for any financial transaction

The biggest safety feature of IDBI Bank UPI PIN is that it is required for each transaction. Meaning, for performing any financial transaction you have to authenticate yourself with the help of IDBI BHIM PIN. Without entering your IDBI UPI PIN no transaction can go through. This ensures your IDBI account remain 100% safe and only you perform transactions from it.

Easily regenerate UPI PIN if you forget your old PIN

If you ever forget your IDBI Bank UPI PIN then you can easily create a new UPI PIN using our app. You don't have to register a new PIN request with IDBI. By using our mobile app you can directly create a new UPI PIN and start performing transactions again.

Easily change UPI PIN

If you ever want to change your IDBI Bank BHIM PIN for any reason, you can easily do so using our mobile app. Without going to the branch or ATM you can easily change your UPI PIN. After changing your IDBI BHIM PIN you have to use your new PIN while performing transactions.

UPI PIN Benefits

There are many benefits to using IDBI UPI PIN services such as:

Time saving: Using our mobile app you can create your own IDBI UPI PIN online directly on your mobile. This helps you save a lot of time as you don't have to visit the branch or ATM to generate your IDBI BHIM PIN.

Security: All UPI transactions are 100% secure due to linking of your account on your mobile number and your UPI PIN. Transactions will be successful only if you enter your correct UPI PIN.

Multi Purpose: IDBI Bank UPI allows you to perform multiple transactions such as balance check, fund transfer, recharge, bill payment, etc. so that in one single place you can manage your IDBI account.

Security of UPI PIN

IDBI UPI PIN service is fully secured in following ways:

UPI registration for your IDBI accounts can only be done on your mobile due to linking of your mobile number with your bank account
To use IDBI Bank BHIM services, you have to create a new UPI PIN using your debit card
To perform financial transaction you have to use your IDBI UPI PIN. Without this PIN, no transaction will go through
You can also set up app password so that no one can even open the app without knowing your app password
You can also create a PIN or pattern lock for your phone so that no one can open your mobile

UPI PIN Creation Services Timing

IDBI UPI services are available on all days, including Saturday and Sunday
Advantage of IDBI BHIM is that it can be used at night as well
As banking is extremely important in day to day life, you can use IDBI UPI facility even on bank holidays and public holidays
IDBI BHIM services can be availed throughout the year

Eligibility for using UPI PIN Creation Service

In order to use IDBI UPI PIN generation service you must meet the following requirements:

A savings or current account with IDBI
Mobile number should be registered with IDBI
ATM/Debit Card associated with your IDBI Bank account
Android or iPhone mobile phone
Internet connection either via SIM card or WiFi

Limitations of UPI PIN Generate Service

Following are the restrictions in IDBI generate UPI PIN service:

Your mobile number must be registered with IDBI
It requires an active IDBI atm/debit card
It requires Android or iPhone mobile phone
It will not work without internet connection
Transfer upto Rs. 1,00,000 per day per IDBI Bank account are allowed under UPI facility