How do I set up my UPI PIN and change it if I forget it?

2023-01-20 04:56:26 - Grace Browns Grace Browns has been a lifestyle, fashion, and beauty writer for over 5 years, and she currently serves as a senior editor at

UPI, or the Unified Payments Interface, is a real-time payment system that enables instantaneous transfers of funds between bank accounts. UPI can be used as an alternate to IMPS and NEFT. Create a UPI ID and UPI PIN to send and receive money securely through UPI. When establishing a UPI account, users generate a unique identifier (UPI ID) that serves as their digital payment address. However, a UPI PIN is a password that the user chooses to use in order to approve a payment from a specific bank account.

Here, we will learn what an UPI PIN is and how to set one up.

Exactly what is a Personal Identification Number for the United States Payment System?

The Unified Payments Interface Personal Identification Number, or UPI PIN, is a four- or six-digit code chosen by the user during the UPI registration process on a UPI application, or at a later time. The sharing of a UPI PIN increases the risk of fraud because the user can confirm their own transactions with it.

Learn to Create a UPI PIN

Installing the Paytm mobile payment app on your phone is the first step in configuring your UPI PIN. After you've downloaded and installed the app, you'll need to make a UPI profile for yourself and set up your UPI PIN as follows:

  • The UPI payment app Paytm can be accessed from your mobile device.

  • If you're using the Paytm mobile app on your phone, you can access your profile by tapping the 'Profile' icon in the upper left corner of the screen.

  • Click the "Payment Settings" link in the new sidebar that appears.

  • Then, access the list of your linked bank accounts by selecting the 'UPI & Linked Bank Accounts' tab.

  • For bank accounts that have not yet had a UPI PIN assigned, a "Set PIN" button will appear in the account details.

  • To create a PIN, select the corresponding button.

  • Please enter the last 6 digits of your card and the expiration date.

  • An OTP will then be sent to the mobile number you provided.

  • On the subsequent screen, enter the OTP and a UPI PIN of your choosing.

  • After entering your information, your UPI PIN will be activated once you click the "Submit" button.

If your UPI PIN setup was successful, you will be notified of the confirmation of the same.

UPI PIN Modification Instructions

Here are the steps you must take to modify your UPI PIN:

  • Launch the Paytm UPI-enabled mobile payment app.

  • The 'UPI/Send Money To Anyone' tab in the app is where you'll want to go to send money to someone else.

  • Using the Paytm mobile app, open the 'Bank' section by tapping the 'Settings' icon in the upper right.

  • Select the "Change PIN" link next to the account for which you wish to modify the UPI PIN.

  • The final 6 digits of your card number and its expiration date are required next.

  • Your old UPI PIN is required now, followed by your new one.

  • The new UPI PIN must be re-entered, and the 'Confirm' button must then be clicked.

  • Please note that your UPI PIN has been updated.

Note that your UPI PIN is a password that controls access to your bank account. Therefore, extreme caution must be exercised when handling the UPI PIN. Additionally, you should select a simple UPI PIN to ensure you don't forget it.

Why Is It Crucial to Have a UPI PIN

UPI PINs are passwords that users enter to authorize transactions made through the UPI. Here's why it's crucial for using UPI for financial transactions:

  • Each bank account has a different UPI PIN that can only be used by the account holder. Therefore, the security of the account is guaranteed because only the account holder can use it.

  • Users can select a personal UPI PIN that is both convenient and easy to remember.

Differentiating Between a UPI PIN and an MPIN

Users are responsible for remembering two separate PINs, a UPI PIN and a MPIN. The dissimilarities between them are as follows:



Means Personal Identifier for Unified Payments Interface.

Means Personal Identification Number for Mobile Banking. in addition to use of your mobile app

Necessary for authorizing UPI-based transactions

Necessary for authorizing any mobile banking transactions

For the transaction to go through, you'll need to provide this.

Required upon initial login (in very rare cases) to mobile payment apps.

To complete a transaction via UPI, the user must provide a unique personal identification number (UPI PIN). It's a private number between 4 and 6 digits long that the user decides on.
Definition of UPI PIN in Full
It is necessary to use a UPI PIN to verify any UPI-based transaction. The user's UPI account is more protected from fraudulent activity as a result. It's also what you'd enter if you wanted to see your bank account balance in a UPI app.
The Reserve Bank of India and the National Payments Corporation of India oversee UPI payments to ensure their security. The Paytm UPI payment app strictly adheres to all of the rules and regulations set forth by these organizations. For security reasons, you can only make a purchase using your mobile device if your SIM card or mobile number is present. Before making any UPI payment, you'll need to verify your private UPI PIN.
How do I change my UPI PIN?
After installing the Paytm UPI payment app, which is compatible with the UPI service, you can proceed with setting your UPI PIN. A user must first download the Paytm app, then navigate to the UPI or Send Money To Anyone section, then select the bank account and finally the "Create UPI PIN" option. At the time, you'll be prompted to enter the last six digits of your card number and the date it expires in order to set your UPI PIN.
If I lose track of my UPI PIN, what will happen?
You can reset your UPI PIN in the app if you've forgotten it. To reset your UPI PIN, go to the UPI PIN section and select "Forgot UPI PIN." You can change your UPI PIN after entering some personal information.
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