UPI PIN

It is a 4 or 6-digit code set by users to securely authorize UPI transactions, ensuring safe fund transfers and payments directly from their linked bank account

UPI PIN is a Personal Identification Number used to authorize transactions on the Unified Payments Interface (UPI) platform. In the IPO application process, UPI PIN plays a key role in securing and verifying the investor’s application.

  • UPI in IPOs: Investors can apply for IPOs using UPI, and the UPI PIN is required to block the funds through ASBA (Application Supported by Blocked Amount).
  • Security: UPI PIN ensures safe, real-time processing of IPO applications and payment authorizations.

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