The SIB UPI App, known as the South Indian Bank Android UPI App M-Pay, can be directly downloaded from the Play Store using the provided link. This Unified Payment Interface app from SIB facilitates the addition of any bank account. The NPCI (National Payments Corporation of India) recently launched the highly anticipated Unified Payments Interface (UPI), an initiative by the RBI. This UPI app by South Indian Bank allows easy payment transfers to other individuals. Queries commonly arise regarding the download process, the meaning of UPI, and how the UPI payment system operates. This official mobile banking application from South Indian Bank, equipped with Unified Payment Interface (UPI), is now accessible to all bank customers.
Welcome to the realm of mobile convenience! SIB M-Pay represents South Indian Bank’s mobile banking product, offering a comprehensive range of financial transactions. With SIB M-Pay, users can conduct 24×7 fund transfers to any bank, top up prepaid mobiles, recharge DTH services, make merchant payments, and more, all without incurring additional charges. The instant inter-bank fund transfer service operates through the Immediate Payment Service (IMPS) facilitated by the NPCI (National Payments Corporation of India).
इस पोस्ट में क्या है ?
- 1 SIB UPI App: Download South Indian Bank’s UPI App
- 1.1 How to Download SIB UPI App
- 1.2 Information About the South Indian Bank UPI Android App
- 1.3 How to Utilize the South Indian Bank UPI App
- 1.4 Functioning of the South Indian Bank UPI App
- 1.5 Services Offered by SIB M-Pay
- 1.6 Salient Features of SIB M-Pay
- 1.7 Prerequisites for UPI Usage
- 1.8 How to Register on the South Indian Bank UPI Application
- 1.9 SIB M Pay App FAQ
SIB UPI App: Download South Indian Bank’s UPI App
The South Indian Bank App allows users to simplify payments by utilizing Virtual Payment Addresses (VPA) for easy payment and collection. On the 5th of September, South Indian Bank introduced its UPI Apk, joining several other banks that had already launched their UPI Apps.
How to Download SIB UPI App
Follow these steps to download the SIB UPI App:
- Step 1: Visit the Play Store website – Play Store
- Step 2: In the search box, type “South Indian Bank UPI App – M-Pay”
- Step 3: From the search results, select “SIB UPI App – M-Pay” (South Indian Bank’s Official UPI App)
- Step 4: Click on the “Install” button
- Step 5: Once installed, your app is ready for UPI transactions.
Information About the South Indian Bank UPI Android App
App Name | SIB UPI- M-Pay |
---|---|
Bank Name | South Indian Bank |
Last Updated | |
Downloads | 100,000 – 500,000 |
Version of App | 4.2.0 |
Download Link | Click Here to Download |
How to Utilize the South Indian Bank UPI App
To operate the South Indian Bank UPI App, customers will need a bank account and a smartphone.
Here are the steps to use the South Indian Bank UPI App:
- Download the South Indian Bank UPI App: Access it from the Play Store or by following the provided procedure.
- Install the South Indian Bank UPI App: After downloading, install it on your smartphone.
- Open the App: Upon installation, open the app.
- Confirmation via SMS: The app will prompt you to send an SMS to confirm your mobile number.
- Start Using the App: After mobile number confirmation, the South Indian Bank UPI App will initiate and display all its features.
- Create Your Profile: Enter required details like Name, Email, Gender, Mobile number, DOB, etc., to set up your account or profile.
- Generate Unique Virtual ID and MPIN: Set up your unique Virtual ID and generate an MPIN using your Debit Card.
- Begin Transactions: Your South Indian Bank UPI App is now ready to perform transactions, including payments, collections, and checking your bank balance.
Functioning of the South Indian Bank UPI App
- To transfer money, all you need is the recipient’s UPI ID, acting as a virtual identity similar to an email address.
- UPI eliminates the necessity for the recipient’s name, bank account number, and IFSC code.
- Built on IMPS, UPI ensures immediate and 24×7 transactions, unlike NEFT, RTGS, or iMPS, which have specific operational hours.
- It facilitates online shopping without entering debit card details; instead, just use your UPI ID and verify the transaction through your phone.
Services Offered by SIB M-Pay
- Unified Payment Interface (UPI)
- Send and Collect Money
- MPIN Setup
- Instant inter/ intra bank fund transfers
- Mobile and DTH recharge
- IMPS Merchant Payment
- Passbook Generation
- MMID Generation/Retrieval
Salient Features of SIB M-Pay
- Unified Payment Interface (UPI)
- Available for all Bank Customers
- Virtual address for your Bank account
- Immediate interbank fund transfers
- Operational 24×7, even on holidays.
Prerequisites for UPI Usage
To utilize UPI, you need the following:
- An Android phone with internet connectivity.
- An active bank account with any bank.
- The registered mobile number linked to UPI must be associated with the bank account.
- An operational debit card linked to the account for setting up the mPIN.
How to Register on the South Indian Bank UPI Application
The process involves:
- Creating Your Profile
- Generating a Virtual Address for the linked account, e.g., abc@sib; 123@sib.
- Adding/Linking Your Bank Account
- On-the-fly Registration for Mobile Banking
- Setting an MPIN for the selected account.
SIB M Pay App FAQ
To download the South Indian Bank UPI app, visit the app store on your device and search for “South Indian Bank UPI” or “M-Pay.” Then, click on the app and install it.
You’ll need an Android smartphone with an internet connection, an active bank account, a mobile number registered with UPI linked to your bank account, and an active debit card associated with the account.
To register on the South Indian Bank UPI app, create your profile, generate a virtual address for your linked account (e.g., abc@sib; 123@sib), add or link your bank account, register for Mobile Banking, and set an MPIN for the chosen account.
The South Indian Bank UPI app offers various functionalities, including Unified Payment Interface (UPI), sending and collecting money, setting up an MPIN, instant inter/intra bank fund transfers, mobile and DTH recharges, IMPS merchant payments, passbook generation, and MMID generation/retrieval.
The South Indian Bank UPI app operates 24×7, including holidays, ensuring uninterrupted service for users.