Transfer Money from Net Banking to UPI ID

Simplify your online transactions. This guide explains how to quickly and securely transfer money from your net banking account to any UPI address.
Transfer Money from Net Banking to UPI ID
5 mins
19 February 2025

Net banking and UPI (Unified Payments Interface) are two of the most commonly used digital payment methods. Net banking enables users to transfer funds directly from their bank accounts, while UPI allows instant money transfers using a unique UPI ID. Combining both methods ensures a seamless and efficient way to send money. This guide provides step-by-step instructions on how to transfer money from net banking to UPI securely.

Using Bajaj Finserv for digital transactions enhances convenience and security when transferring money from net banking to UPI. With the Bajaj Finserv BBPS platform, users can efficiently manage their financial transactions, including UPI payments and fund transfers, in a few simple steps. The platform ensures seamless integration with multiple banks, enabling users to add their bank accounts, initiate transfers, and check transaction statuses with ease.

Additionally, Bajaj Finserv offers a secure payment gateway that protects sensitive banking details while ensuring fast and hassle-free transactions.

How to transfer money from net banking to UPI

Net banking enables users to transfer money securely and efficiently to a UPI ID, integrating traditional banking with modern digital payment systems. Follow these steps to complete the transaction seamlessly.

Link your bank account to a UPI app

Download and install a UPI-enabled app such as Bajaj Finserv.

Open the app and select the option to add a bank account.

Choose your bank from the list and verify your mobile number linked to the bank.

Set up a UPI PIN by entering your debit card details and verifying through OTP.

Once linked successfully, your account is ready for UPI transactions.

Initiate the transfer through your bank’s net banking portal

Log in to your bank’s net banking portal using your credentials.

Navigate to the "Fund Transfer" or "Payments" section.

Select "Transfer to UPI" or "Send Money to UPI ID."

Choose your linked bank account as the source of funds.

Enter the recipient’s UPI details

StepDescription
1Enter the recipient’sUPI ID (e.g., abc@upi).
2Verify the recipient’s name before proceeding.
3Enter the amount you wish to transfer.
4Optionally, add a remark for reference.


Confirm the transaction

StepDescription
1Review the transaction details, including recipient and amount.
2Ensure the entered UPI ID is correct.
3Check the available balance in your linked account.
4Authenticate using OTP or net banking credentials.


Complete the transaction

StepDescription
1After authentication, submit the transfer request.
2The bank processes the transaction instantly.
3The amount is deducted from your account.
4The recipient gets an instantUPI Payment notification.


Check transaction status

StepDescription
1Navigate to “Transaction History” in your net banking portal.
2Look for the recent UPI Payment transaction entry.
3Check for success, pending, or failed status.
4Contact customer support if any issues arise.


Additional tips

TipDescription
Secure transactionsNever share OTP, PIN, or banking credentials.
Correct UPI IDDouble-check before confirming the transfer.
Transaction limitsEnsure your bank allows the transfer amount.
Internet connectionUse a stable network to avoid failures.


Conclusion

Transferring money from net banking to a UPI ID is quick and secure, offering a convenient digital payment solution. By following these steps, users can ensure seamless transactions while maintaining security.

Whether you are making a UPI payment, transferring funds, or managing multiple financial activities, Bajaj Finserv provides a user-friendly and reliable solution for handling all your banking needs in one place.

Disclaimer

1. Bajaj Finance Limited (“BFL”) is a Non-Banking Finance Company (NBFC) and Prepaid Payment Instrument Issuer offering financial services viz., loans, deposits, Bajaj Pay Wallet, Bajaj Pay UPI, bill payments and third-party wealth management products. The details mentioned in the respective product/ service document shall prevail in case of any inconsistency with respect to the information referring to BFL products and services on this page.

2. All other information, such as, the images, facts, statistics etc. (“information”) that are in addition to the details mentioned in the BFL’s product/ service document and which are being displayed on this page only depicts the summary of the information sourced from the public domain. The said information is neither owned by BFL nor it is to the exclusive knowledge of BFL. There may be inadvertent inaccuracies or typographical errors or delays in updating the said information. Hence, users are advised to independently exercise diligence by verifying complete information, including by consulting experts, if any. Users shall be the sole owner of the decision taken, if any, about suitability of the same.

Bajaj Finserv App for All Your Financial Needs and Goals

Trusted by 50 million+ customers in India, Bajaj Finserv App is a one-stop solution for all your financial needs and goals.

You can use the Bajaj Finserv App to:

  • Apply for loans online, such as Instant Personal Loan, Home Loan, Business Loan, Gold Loan, and more.
  • Explore and apply for co-branded credit cards online.
  • Invest in fixed deposits and mutual funds on the app.
  • Choose from multiple insurance for your health, motor and even pocket insurance, from various insurance providers.
  • Pay and manage your bills and recharges using the BBPS platform. Use Bajaj Pay and Bajaj Wallet for quick and simple money transfers and transactions.
  • Apply for Insta EMI Card and get a pre-approved limit on the app. Explore over 1 million products on the app that can be purchased from a partner store on Easy EMIs.
  • Shop from over 100+ brand partners that offer a diverse range of products and services.
  • Use specialised tools like EMI calculators, SIP Calculators
  • Check your credit score, download loan statements and even get quick customer support—all on the app.
Download the Bajaj Finserv App today and experience the convenience of managing your finances on one app.

Do more with the Bajaj Finserv App!

UPI, Wallet, Loans, Investments, Cards, Shopping and more

Frequently asked questions

Can I transfer money from net banking to UPI without a UPI ID?
Transferring money from net banking to a UPI ID without the recipient having a UPI ID is not possible. However, you can transfer funds using alternative methods such as NEFT, RTGS, or IMPS by providing the recipient's bank account number and IFSC code.

Are there any charges for transferring money from net banking to UPI?
Transferring money from net banking to a UPI ID is typically free for users. However, some banks may impose nominal charges for such transactions. For instance, ICICI Bank offers free NEFT and RTGS transactions through online modes, while charges apply for branch transactions. It's advisable to check with your specific bank for any applicable fees.

Can I send money from net banking to UPI using a mobile number?
Yes, you can transfer money from net banking to a UPI ID using the recipient's mobile number, provided their mobile number is linked to their UPI ID. This allows for seamless fund transfers without needing additional bank details.

What should I do if my UPI payment fails?
Check the bank server status, ensure sufficient balance, verify the UPI PIN, and retry using a stable network.

Is it safe to pay with UPI ID?
Yes, UPI transactions are secured with encryption and multi-factor authentication.

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