India is on the move to a “cashless economy”. The Indian Government is encouraging people to make all their transactions online. To reinforce this act, National Payments Corporation of India (NPCI) which is guided and supported by the Reserve Bank of India (RBI) and Indian Banks’ Association (IBA) has developed a handy Android app named Bharat Interface for Money(BHIM). The BHIM app offers fast, secure and reliable cashless payments through an Android smart phone. As of today, BHIM app supports 44 popular Indian Banks. BHIM App is available only for Android now. It is expected to release the iOS version soon.
Features of BHIM App
- Send or receive money without using Bank account number or IFSC code. Only mobile number is required.
- “Scan and Pay” to easily do payments on shops
- Check your Bank account balance in a click
- Support for 9 Native languages
- Supported by 44 banks till date
How to use Install and Use BHIM App
Download BHIM app from Playstore. You should have an Android smartphone running version 4.2 or above.
Open BHIM app. First you will be asked to select the preferred language. 9 languages are currently available : English, Hindi, Malayalam, Tamil, Telugu, Kannada, Bengali, Gujarati and Odia.
Click “Next” button to proceed, while the developers describe about the features of the app.
Click on “let’s get started“.
Allow the app to make and manage phone calls, send and view messages.
This step verifies whether your phone number is registered with the bank account. If you are using Dual sim smart phone, select the corresponding number and click “Next”.
Now, the app will automatically send an sms from your number to verify the bank account, and for sending the sms, normal sms charge will be deducted from your main balance.
Set a 4 digit passcode to secure your BHIM app. Every time you login to the interface, you will be prompted to enter this key. Enter the key and Confirm it again.
Select your partner Bank from the list. As of now, 44 banks are supported. They are Allahabad Bank, Andhra Bank, Axis Bank, Bank of Baroda, Bank of India, Bank of Maharashtra, Canara Bank, Catholic Syrian Bank, Central Bank of India, City Union Bank, Corporation Bank, DCB Bank Ltd., Dena Bank, Federal Bank, HDFC Bank,HSBC, ICICI Bank, IDBI Bank, IDFC Bank, Indian Bank, Indian Overseas Bank, IndusInd Bank, Karnataka Bank, Karur Vysya Bank, Kotak Mahindra Bank,Lakshmi Vilas Bank,Oriental Bank of Commerce, Punjab National Bank, RBL Bank, South Indian Bank, Standard Chartered Bank, State Bank of Hyderabad, State Bank of Bikaner & Jaipur, State Bank of India (SBI),State Bank of Mysore, State Bank of Patiala, State Bank of Travancore, Syndicate Bank, TJSB, UCO Bank, Union Bank of India, United Bank of India, Vijaya Bank and Yes Bank Ltd.
Select your Bank and click Next.
Now the App will automatically show your account number and IFSC code of your branch. Select the account.
If you skip this step, you will get the UPI address and you have successfully completed setting up the BHIM app.
The default address format is “xxxxxxxxxx@upi” where xxxxxxxxxx is your registered mobile number.
Now, you are all set to send or receive money online with just a single tap on your BHIM app.