PM Modi launched BHIM (Bharat Interface for Money) app on 30th December 2016. The app was launched in a DigiDhan Mela held at Talkatora Indoor Stadium in New Delhi, India. To know how to download BHIM app, continue reading this post.
What is BHIM payment app?
BHIM stands for Bharat Interface for money. Bharat interface for money (BHIM) is a UPI based payment solution. This helps people to send or receive money digitally. Users don’t need to enter lengthy details like bank account number etc.
Apart from an app, the interface can be accessed using USSD from any phone including feature phones. To use this service users need to dial *99# from any kind of mobile phone. It will also not require internet to access this payment interface using USSD.
BHIM App – How to Download and Use
To download BHIM app follow these steps:
- Go to play store using this link.
- Click on Install and wait for download to complete.
- Once installed open the app.
- Select the prefered language among english and hindi.
- Click on NEXT.
- Again click on NEXT
- If it asks for permissions, click allow.
- Tap on “let’s get started”.
- Now verify your mobile number.
- Make sure that mobile number to get verified is in your phone. Also note same number should be registered with your bank.
- Select the sim card in case you have a dual sim mobile.
- Click on next.
- Your mobile number will be automatically verified.
- Enter a 4 digit pass-code.
- Confirm the 4 digit pass-code.
- Select your bank.
- You will get a list of bank accounts registered with the number and bank you selected.
- Select the bank account you want to use with this app.
Now using BHIM app you can send money, receive money or make payments for your purchases by simply scanning a QR code.
How To Use BHIM App For Digital Payments
You can send money using BHIM app by two methods. First method is the phone number or the payment address of the recipient. Make sure that recipient is registered with UPI.
Second method is by entering the recipient name, account number and bank IFSC code.
You can request money from anyone using two methods. One is by entering the mobile number or payment address. Second method is by generating a QR code for a particular amount.
Scan and Pay
BHIM app allows users to generate a QR code which can be scanned by other users to make payments.
BHIM App Supported banks
Following are the Supported Banks for BHIM App to make digital payments.
- Allahabad Bank
- Andhra Bank
- Axis Bank
- Bank of Baroda
- Bank of India
- Bank of Maharashtra
- Canara Bank
- Catholic Syrian Bank
- Central Bank of India
- DCB Bank
- Dena Bank
- Federal Bank
- HDFC Bank
- ICICI Bank
- IDBI Bank
- IDFC Bank
- Indian Bank
- Indian Overseas Bank
- IndusInd Bank
- Karnataka Bank
- KarurVysya Bank
- KotakMahindra Bank
- Oriental Bank of Commerce
- Punjab National Bank
- RBL Bank
- South Indian Bank
- Standard Chartered Bank
- State Bank of India
- Syndicate Bank
- Union Bank of India
- United Bank of India
- Vijaya Bank
About Bhim App
Bharat Interface for Money (BHIM) is an initiative to enable fast, secure, reliable cashless payments through your mobile phone. BHIM is interoperable with other Unified Payment Interface (UPI) applications, and bank accounts. BHIM is developed by the National Payment Corporation of India (NPCI). BHIM is made in India and dedicated to the service of the nation.
BHIM App – How does it work?
Register your bank account with BHIM, and set a UPI PIN for the bank account. Your mobile number is your payment address (PA), and you can simply start transacting. Yes! It is that simple.
Features of BHIM App
Send / Receive Money
Send money to or receive money from friends, family and customers through a mobile number or payment address. Money can also be sent to non UPI supported banks using IFSC and MMID. You can also collect money by sending a request and reverse payments if required.
You can check your bank balance and transactions details on the go.
Custom Payment Address
You can create a custom payment address in addition to your phone number.
You can scan a QR code for faster entry of payment addresses. Merchants can easily print their QR Code for display.
BHIM app supports english and hindi languages only. They may be adding more languages in future.
FAQS about BHIM App answered
What is the transaction limit?
Maximum of Rs. 10,000 per transaction and Rs. 20,000 within 24 hours.
My bank is not in the list?
The banks listed are registered for UPI. If you can’t find your bank in the list, it means that the bank has not yet registered for UPI.
How much time transaction process takes?
It takes place within seconds.
Are there any charges to use BHIM App?
There are no charges for making transaction through Bharat Interface for Money.
Note – Your bank might however levy a nominal charge as UPI or IMPS transfer fee which is not under our control. Please check with your bank for more details.
Is it available for all platforms?
Bharat Interface for Money app is currently available on Android (Version 4.1.1 and above) and iOS mobiles (Version 5 and above).
They may soon launch it for other platforms as well.
If you have used BHIM App, do share your valuable feedback in the comments below.