Enter your MPIN to validate your UPI LITE account.Enter the amount you want to add to the UPI LITE account and ‘Add Money’ to activate UPI LITE.Choose a bank account that is eligible for UPI LITE.Click on ‘UPI and Payments Settings’ and and click on ‘UPI LITE’ under the ‘Other Settings’ option.Tap on the ‘Profile’ button on the top left corner.Plus, since one can make several transactions after loading their wallet once, the passbook gets less cluttered. Users do not need to key in a four or six digit pin to use UPI LITE and this makes way for quicker and hassle-free payments.Īccording to the NPCI website, since UPI LITE transactions do not utilize the remitter banks core banking system, there is an improved rate of success.
Additionally, with UPI LITE, users can carry out a large number of small value UPI payments in a superfast manner without worrying about cap on the number of bank transactions. According to a NPCI circular issued in May 2022, 50% of the total UPI transactions are of value of ₹200 and less, so UPI LITE will benefit a lot of customers.Ī maximum of ₹2,000 can be added twice in a day to UPI LITE, making the cumulative daily usage up to ₹4,000.
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