Beginning of digital India - BHIM APP



About BHIM App

Real good initiative by the government of India The BHIM (Bharat Interface for Money) App designed by National Payments Corporation of India (NPCI), which uses the Unified Payment Interface (UPI) technology.


Prime Minister of India Mr.Narendra Damodardas Modi inaugurated it at a Digi Dhan program at Talkatora Stadium in New Delhi on 30th December.


This BHIM app is named after one of the greatest leaders of India, Mr. Bhim Rao Ambedkar.


The sole intention of this App is to directly facilitate e-transaction between buyers and sellers, and that too be done directly through your bank account. That means eliminating all middle broker's apps such as PayTM, Freecharge, government's own SBI buddy, etc.…


This BHIM App Support's total of 36 banks, which almost include the list of all of the Nationalized Banks.


Does my bank support the UPI base BHIM App?

The current list of Banks supported by BHIM App:
  1. Allahabad Bank
  2. Andhra Bank
  3. Axis Bank
  4. Bank of Baroda
  5. Bank of India
  6. Bank of Maharashtra
  7. Canara Bank
  8. Catholic Syrian Bank
  9. Central Bank of India
  10. Citi Union Bank
  11. DCB Bank
  12. Dena Bank
  13. Federal Bank
  14. HDFC Bank
  15. ICICI Bank
  16. IDBI Bank
  17. IDFC Bank
  18. Indian Bank
  19. Indian Overseas Bank
  20. IndusInd Bank
  21. Karnataka Bank
  22. Karur Vysya Bank
  23. Kotak Mahindra Bank
  24. Oriental Bank of Commerce
  25. Punjab National Bank
  26. RBL Bank
  27. South Indian Bank
  28. Standard Chartered Bank
  29. State Bank of India
  30. Syndicate Bank
  31. TJSB
  32. UCO Bank
  33. Union Bank of India
  34. United Bank of India
  35. Vijaya Bank
  36. Yes Bank




What is UPI?


BHIM App uses the UPI platform, the same UPI, which was introduced in August 2016, following which you started getting different banking Apps on Playstore such as for ICICI, SBI, and Apps from all including banks in the above list.


This platform made online banking way easier using your smartphone 4 pin login and small App which loads faster, compared to traditional web-based login where you need to use alphanumeric password along with unique characters and long loading and multiple page browsing for simple task and compared to that UPI made it way simple by using PIN-based login, OTP verification, UX interface which is very friendly and easy to use, yes you are right if you know UI(user interface) and UX (user experience) then you've got the answer it was the transformation of traditional online banking.


By luck or by long-term visionary planning what so ever this technology enables the government to initiate the UPI  functions of all banks in one independent BHIM App and will allow it to make use of it independently.


What so special about the BHIM app when we already have a UPI based banking app?


Just for an example: If you have used AXIS Bank's App, you may have noticed that there you have the option for transferring funds to the registered mobile number right. But that feature supports only Axis Bank's internal customer's registered Mobile numbers to make the swift transaction, or else you are needed to manually add the Payee's information by going to add Payee account which was very irritating at times because you had to carefully enter the account number, account name and search for IFSC code.


Whereas UPI used in BHIM App supports all registered numbers registered with BHIM app, which allows the generation of unique UPI ID for the interbank transaction and enables it on the go, without manually entering long series of bank account, selecting ban, searching and entering IFSC code extra. So it is the lot simpler, more comfortable, hassle-free, and independent. And in addition to all this, it does the same what your banking App does directly transfer the fund to a bank account without any middleman and brokerage.


So the BHIM app is the single individual platform which does not need a specific app, it uses the same technology, but it is platform-independent.


How does it work?


To make use of BHIM app, there three steps methodology has been used:


1: Authorization to BHIM:
UPI platform is linked to your registered cellular number with the banks,  BHIM App uses it to get OTP based authorization to include your banking details, access controls, and rights to do transactions.


2: Access to BHIM:


For you to access BHIP, ask you to create 4 digit PIN(Passcode) numbers, using this PIN you can access BHIM, you can check the balance of your account, check past transactions and transfer funds.




3: Monetary Transaction through BHIM:


To do monetary transactions BHIM generate UPI address and QR code, initial UPI code looks like yourmobilenumber@upi (9xxxxxxxx9@upi),  but there is the option to add custom UPI like you can make yourname@upi. That's it now to do the monetary transaction, both Payee and payer should have the BHIM app. The Payee will provide his UPI ID to the payer using which Payee will directly get funds credited to his bank account Payee can send the request to the payer. Even the payer can scan the QR code of Payee to proceed with the transaction.




What are the benefits of the BHIM App?


  1. BHIM is really a powerful tool to do faster, more comfortable, and hassle-free monetary transaction.
  2. BHIM will replace PayTm as backbone support to the Indian economy in the crisis situation of demonetization and will stop private firms from making the commission out of the general public's money.
  3. It enables the direct transaction between buyers and sellers (Payee and payer) and which goes directly into the bank account, so you are free of middlemen wallet App like PayTM, Free charge, etc.. Who used to be in between to stop the fund and source it on their conditions for our money.
  4. More transparent about the source of the fund, which restricts money laundering.
  5. The government-supported initiative will help boost the Indian economy and the idea of cashless transactions.
  6. BHIM is a tiny App to install just 2.5 MB.
  7. Supports multiple Indian languages which including English, Hindi, Malayalam, Tamil, Telugu, Kannada, Bengali, Gujarati, and Odia
  8. Transaction Limits: Per transaction maximum limit of Rs. 10,000 & Per day maximum transaction limit of Rs. 20,000, which is extremely very very high when compared to wallet Apps like SBI buddy, PayTM and Freecharge, etc.. So now no restrictions to your business.
  9. Payee(Seller) does not have any limits to receive funds, and the fund will come in immediately and directly.
  10. Sellers (Merchants) can print QR code and hang it in their store to get faster payment by scanning it.
  11. It is ambitious planning of government of India to make it ink with Adhaar card-based payment, using which we will be able to do the transaction using just your thumb impression and make payment.
  12. BHIM works on Android smartphones and iPhones.
  13. Soon it will grow BHIM's list of supported banks. Upcoming Banks are State Bank of Hyderabad, State Bank of Mysore, State Bank of Travancore, State Bank of Patiala, State Bank of Bikaner & Jaipur, Corporation Bank, Punjab & Sind Bank, Lakshmi Vilas Bank.


Are there any disadvantages to BHIM?
Yes as BHIM has a massive list of brighter advantages it also has some darker disadvantages:


  1. Can't say how highly hack proof it is as there are millions of hackers around the globe who can harm this project is targeted.
  2. BHIM App will enable the data inventory of the buyer's pattern. It will allow a mass analysis of consumer's behavior and, if sold out to prominent entrepreneurs, will cause harm to the middle class and lower class merchandise.
  3. Currently limited to Android and iPhone users.


If everything kept on working as it has promised to and if appropriately maintained, BHIM is an excellent App and best App by any government agencies ever. Thanks to the government of India.


How to download BHIM?


Android users: Go to Play Store on an Android device and search for BHIM App and click on it then click on Install.


Apple users: Go to iPhone App Store and search for BHIM App and click on it then click on Install.




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