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You can soon withdraw UPI Lite funds and transfer them to your bank account

Business Standard LogoBusiness Standard15h ago

You can soon withdraw UPI Lite funds and transfer them to your bank account - Business Standard

Quick Summary:

The payment service leverages the NPCI Common Library (CL) application to process low value transactions that have been set at below Rs 500.

The existing guidelines for UPI LITE will remain unchanged apart from the newly introduced modifications.

UPI Lite allows users to make low-value transactions without using a UPI PIN.

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You can soon withdraw UPI Lite funds and transfer them to your bank account - Business Standard (Picture 1)

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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-26 @ 11:19:48 (15 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 365 words

Reading Time: 3 minutes read

Sentences: 20 lines

Sentence Length: 19 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 26452204

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About Business Standard

Business Standard Logo

Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 254 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 3 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

Publisher Details

Frequently Asked Questions

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The story "You can soon withdraw UPI Lite funds and transfer them to your bank account" has 365 words across 20 sentences, which will take approximately 2 - 4 minutes for the average person to read.

Which news outlet covered this story?

The story "You can soon withdraw UPI Lite funds and transfer them to your bank account" was covered 15 hours ago by Business Standard, a news publisher based in India.

How trustworthy is 'Business Standard' news outlet?

Business Standard is a fully independent (privately-owned) news outlet established in 1975 that covers mostly business and finance news.

The outlet is headquartered in India and publishes an average of 254 news stories per day.

It's most recent story was published 3 hours ago.

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  • News ID: #26452204
  • URL: https://chronographically.beamstart.com/news/you-can-soon-withdraw-upi-17405497115999

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