UPI Handle

UPI Handle is a unique identifier used for making payments through the Unified Payments Interface (UPI). In the context of an IPO (Initial Public Offering):

• Role in IPO: Investors use their UPI Handle to apply for IPOs via the ASBA (Application Supported by Blocked Amount) process.
• Function: The UPI Handle links to the investor’s bank account and authorizes fund blocking for IPO applications.
• Security: It ensures secure, real-time payment processing for smooth IPO transactions.