Everything about the BHIM app which was launched by PM Modi

Narendra Modi, the Prime Minister of India launched the country’s brand new app, BHIM to encourage the digital payments. BHIM stands for Bharat Interface for Money and it is named for Dr BR Ambedkar. It is a straightforward UPI app which will let the users to make simple digital payments directly from their bank account. It will allow you to receive or pay the money via online banking.

It is way better than the wallet, because you will have to withdraw money from the ATMs and load the cash in your wallet whereas in the case of BHIM app, you can finish everything in a few clicks. According to PM Modi, this app can be used in all the phones (both Smartphones and feature phones)

PM Modi said:

“One only needs a thumb. There was a time when an illiterate was called ‘angutha chchap’. Now, time has changed. Your thumb is your bank now. It has become your identity now.”

Narendra Modi during the launch of BHIM app
Narendra Modi, the PM of India, during the launch of the BHIM app

What is BHIM app?

Using the BHIM app, you will be to receive or send money via the app to make a digital payment. Unlike your wallet, as the app is linked with your bank account, you will not have to load the money in your wallet and the merchant will not have to worry about transferring the amount to their bank accounts.

How to get BHIM app on your phone?

It is currently available for Android users. Download this app by National Payments Corporation of India in Google Play. The iOS version of the app will be launched very soon.

How to use the BHIM app?

After the BHIM app is downloaded, you will have to register your bank account using the app and setup a UPI PIN. The payment address would be your mobile number and now you are all set to make transactions. Using the app, you will be able to receive or send money to a phone number, check the balance, or scan a QR code to make the payments without sharing a phone number.

Will it work on feature phones?

Besides the app, you can access the interface via USSD (Unstructured Supplementary Service Data) from feature phones. You will have to dial *99# to initiate the process. An internet connection will not be needed in this method.

Which bank supports this app?

As long as your bank supports UPI, BHIM app will be supported by your bank. However, we have created a list for you.

Vijaya Bank, United Bank of India, Union Bank of India, Syndicate Bank, State Bank of India, Standard Chartered Bank, South Indian Bank, RBL Bank, Punjab National Bank, Oriental Bank of Commerce, Kotak Mahindra Bank, Karur Vysya Bank, Karnataka Bank, IndusInd Bank, Indian Overseas Bank, Indian Bank, IDFC Bank, IDBI Bank, ICICI Bank, HDFC Bank, Federal Bank, Dena Bank, DCB Bank, Central Bank of India, Catholic Syrian Bank, Canara Bank, Bank of Maharashtra, Bank of India, Bank of Baroda, Axis Bank, Andhra Bank, Allahabad Bank.

Is there any transaction limit?

A maximum of Rs 10000 is allowed per transaction and Rs 20000 per 24 hours.

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About the Author: Derin J Tom

A homosapien in the pursuit of lending this cosmic world a small contribution of my supersonic dumb thoughts through words.

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