PhonePe is one of the best and reliable UPI cum wallet application. You can link your bank account and transfer money to any bank account & make online payments through UPI. Also, you can add money to your wallet and make online payments.
What is UPI PIN in PhonePe & What is the Use?
When you visit the ATM machine for cash withdrawal, you need to insert your card and enter ATM PIN. Without ATM PIN you can not make any transaction through ATM. Similarly, UPI PIN is your transaction password which you need to enter every time when you transfer money to someone’s account or making online payment through UPI.
Without entering UPI PIN, you can not transfer money to any bank account or make online/offline payment. You need to create UPI PIN using your ATM card and then you can use UPI for fund transfer and payments.
In net banking, you need to remember many passwords, while in UPI you just need to remember 4-6 digit UPI PIN.
How To Reset PhonePe UPI PIN
If you forgot your current PhonePe UPI PIN then you can reset your UPI PIN using your ATM Debit card. Please note, to reset PhonePe UPI PIN, you need to enter your ATM card last 6-digit and expiry month & year. Without entering your ATM card details, you can not reset PhonePe UPI PIN.
Follow these simple steps and re-generate your new UPI PIN in Phonepe.
Step 1: Open PhonePe Application and tap on My Money – UPI (Bank Accounts) as you can see in the below screenshot.
Step 2: You can see your linked bank account here. To reset, tap on RESET BHIM UPI PIN button.
Step 3: Now enter your ATM/Debit card last 6-digits and expiry month & year (valid up to/valid thru date).
Step 4: Next screen enter OTP received on your bank registered mobile number and set new UPI PIN. That’s it.
How To Change UPI PIN in PhonePe
If you know your current UPI PIN and want to change your PhonePe UPI PIN then you don’t need to enter the ATM/Debit card. You can change your PhonePe UPI PIN without ATM/Debit card.
Tap and open My Money – UPI (Bank Accounts).
Next screen, click on CHANGE BHIM UPI PIN.
And finally, enter your current UPI PIN and SET NEW UPI PIN for your Phonepe linked bank account.
Frequently Asked Questions
(1) Can I reset PhonePe UPI PIN without ATM/Debit Card?
Ans: NO, you can not reset your phonepe upi pin without ATM card. You must need to enter your ATM card details to reset Pin. However, if you want to change PhonePe UPI PIN then you can change it without ATM card.
(2) Where can I find my ATM/Debit card expiry month & year?
Ans: Please check the front side of your card. You can see 16-digits ATM card number and below you can see expiry month and year. It is also known as valid up to/ valid thru.