UPI Circle Feature: You can do a transaction of ₹15,000 without linking a bank account.

 UPI Circle Feature: Reserve Bank of India keeps changing financial transactions in India from time to time, at the end of August RBI has launched a new feature for UPI payments. According to this feature you will be able to make payments through UPI without linking your bank account in UPI, so let's get information about this UPI circle feature announced by RBI.

What is UPI Circle Feature | UPI Circle Feature

In general, if I give you brief information about this feature, with the help of this feature, you will be able to make UPI payments without linking your bank account in the UPI app. In order to transfer money in this way, some rules have to be followed, the details of which are as follows.

• In this circle feature of UPI, the user who has the bank account link in UPI will be called the main user, this main user can connect four other users with the help of this feature.
• That is, the remaining four secondary users will be able to make payments from the account of the main user, so that there is no need to link the bank accounts of the secondary users.
• But with the help of this new feature of UPI, a maximum transaction of Rs 15 thousand can be done in a month.
• Apart from this, only five thousand rupees can be transacted at one time.
• When a secondary user makes a transaction using this new feature, the primary user has to enter the UPI PIN for it.
• Secondary users can transact money using this feature only after permission from the main user.

Benefits of UPI Circle Feature

• This feature announced by the Reserve Bank of India will especially benefit parents or elders. They can allow their children to spend from their bank accounts by adding them as secondary users through the circle feature of this UPI.
• With the help of this feature, parents can control the expenses of their children and also monitor their expenses.
• People who do not have their own bank account can use the UPI app through another person's bank account with the help of this feature.

Currently this feature is available on UPI apps like Google Pay, Phone Pay and Paytm etc. You can use this feature from today itself.

Hope you find this information useful today, if you find this information useful then share this article with your friends so that they can allow their children to spend with the help of this feature and control and monitor their spending. Similarly stay connected with us to get the necessary government news information, thanks.