How UAE Residents Can Use UPI to Send Money to India
UPI is a real-time payment system that enables instant transfers between individuals, merchants, and billers, available 24/7.
Indian residents in the UAE can now enjoy the convenience of the Unified Payments Interface (UPI) for fast and easy money transfers to India—a service many are already familiar with from trips back home.
UPI is a real-time payment system that enables instant transfers between individuals, merchants, and billers, available 24/7.
It simplifies transactions by allowing payments through QR code scans, phone numbers, or UPI IDs, removing the need for detailed bank information.
New Agreement Expands UPI Access for NRIs
In February 2024, during Indian Prime Minister Narendra Modi’s visit to the UAE, a landmark agreement was reached to enable Non-Resident Indians (NRIs) to make UPI transactions, further expanding their options for quick and secure financial interactions with India.
How to Transfer Money Using UPI from UAE
UAE residents with Indian bank accounts can transfer money directly to Indian recipients through UPI. Transfers can be made either through the bank’s app or by using an approved digital payments app. Here are some of the banks and apps supporting UPI for NRIs:
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Banks Offering UPI Transfers via Their Apps:
- Federal Bank – FedMobile
- ICICI Bank – iMobile
- IndusInd Bank – BHIM Indus Pay
- South Indian Bank – SIB Mirror+
- AU Small Finance Bank – BHIM AU
Approved Digital Payments Apps for UPI Transfers:
- PhonePe
- BHIM UPI
- PayTM
- Google Pay
Steps to Register and Start Transferring
To enable instant UPI payments from your NRE/NRO or regular account in India, follow these steps:
- Complete KYC: Ensure your bank account’s KYC is updated, and your UAE phone number is linked to the account.
- Choose an App: Register through either your bank’s app or a preferred digital payments app by entering your phone number and other required details.
- Begin Transfers: Once registered, you can make instant transfers with just your phone, enjoying fast, efficient, and hassle-free payments to India.
With this expanded UPI access, UAE residents can now stay financially connected with India more seamlessly than ever.