The National Payments Corporation of India (NPCI) has issued a new guideline for UPI users, stating that if a user does not make any transactions from their UPI account for one year, their UPI ID will be closed. However, if a user checks their balance during this period, their ID will not be blocked. The NPCI emphasizes the importance of regular review and verification of customers’ information within the banking system to ensure a secure transaction experience in the area of digital payments. The guidelines are aimed at ensuring a secure transaction experience for UPI users.
If a user also checks his balance during this period, his ID will not be blocked. If you also use UPI. NPCI said, ‘It is essential for customers to regularly review and verify their information within the banking system to ensure a secure transaction experience in the area of digital payments.