As the world becomes increasingly interconnected, Non-Resident Indians (NRIs) often find themselves needing to manage financial transactions in their home country, India, even while residing abroad. The introduction of Unified Payments Interface (UPI) has revolutionized digital payments in India, allowing users to make instant and secure transactions using their smartphones. In this blog post, we will explore how NRIs can use UPI in India by updating their registered phone numbers at the bank to their new Indian phone numbers upon their return.
What is UPI?
Unified Payments Interface (UPI) is a real-time payment system developed by the National Payments Corporation of India (NPCI). It enables users to link multiple bank accounts to a single mobile application and make transactions with ease. UPI allows for seamless money transfers between bank accounts, payments to merchants, bill payments, and more, all through a single interface.
NRI Bank Accounts and Phone Number Update
As an NRI, if you hold an NRE (Non-Residential External) or NRO (Non-Residential Ordinary) account in an Indian bank, you can utilize UPI services by updating your registered phone number. Here’s a step-by-step guide on how to do it:
Step 1: Arrive in India and Locate Your Bank Branch
Upon your arrival in India, locate the branch of the bank where you hold your NRE/NRO account. It is advisable to choose a branch that is convenient for you to visit in person.
Step 2: Carry Necessary Documents
Before visiting the bank, ensure you have the following documents:
a. Valid passport
b. Indian Visa (if applicable)
c. Proof of Indian address (e.g., rental agreement, utility bill, or a letter from a local authority)
Step 3: Visit the Bank
Go to the bank branch and approach the customer service desk or the account opening desk. Inform them about your intention to update the registered phone number associated with your NRE/NRO account.
Step 4: Complete the Required Forms
The bank officials will provide you with the necessary forms to update your registered phone number. Fill out the forms accurately and provide any additional information they may require.
Step 5: Submit Documents and Verification
Hand over the completed forms along with the required documents, including your passport, Indian visa (if applicable), and proof of Indian address. The bank may also ask for a recent photograph for their records.
Step 6: Verification Process
The bank will initiate a verification process to confirm your identity and account details. This may involve biometric authentication or signature verification, depending on the bank’s policies.
Step 7: Confirmation and Activation
Once the verification process is complete, the bank will update your registered phone number with the new Indian phone number provided by you. They will also activate UPI services for your account.
Step 8: Set Up UPI App and Link Bank Account
Download a UPI-enabled mobile application of your choice from the app store (e.g., Google Pay, PhonePe, Paytm, etc.). Install the app on your smartphone and follow the instructions to set it up. You will need to link your bank account by providing the necessary details and completing the verification process within the UPI app.
Step 9: Enjoy UPI Services
With your updated registered phone number and UPI-enabled app, you can now enjoy the convenience of UPI services in India. Use the app to make payments, transfer funds, pay bills, and enjoy a host of other financial transactions with ease.
Conclusion
Being an NRI does not limit your ability to use UPI services in India. By following the steps outlined above and updating your registered phone number at your bank