UPI New Rule Starts Today 1st April: Loan Guidelines, Mutual Funds, New Banking Regulations

The upcoming financial year 2025-26 will see several new changes in the UPI guidelines. Check out the changes and how to update your UPI account

Published By: Deepti Ratnam | Published: Apr 01, 2025, 10:40 AM (IST)

Starting today, the government is coming up with new guidelines for the Unified Payments Interface (UPI). The new rule will see a significant shift in India's digital landscape. The updates will bring several essential guidelines and changes in various sectors including new loan guidelines, mutual funds, enhanced banking policies, and more.

Here's the list of changes under this new UPI Rule:

Payment Service Provider Mobile Number Update

The upcoming financial year 2025-26 will see several new changes in the UPI guidelines, one of which is that all the banks and Payment Service Provider (PSP) apps are now mandatory to update their mobile numbers on a weekly basis. Additionally, UPI users now have to provide clear permission in order to link their phone numbers to their accounts. Other than this, if your mobile number that is linked to your account is inactive for a long period, then it will be delinked from your account.

People Who will be Suffered From This:

  • Users whose have inactive numbers
  • Someone who is changing their mobile numbers frequently
  • People who have surrendered their SIM
  • If your mobile number is reassigned

Here's How You can avoid disruption of UPI Payment:

  • The first and mandatory step is to update your phone number in bank records.
  • The second step is to frequently checking your mobile number active status. For this you can go to your UPI account and head to your profile settings. Here you can verify which mobile number is registered.
  • The third step is to make sure that you check for the dormant UPI accounts. You can either reactivate or delink it with your account.
  • It is also mandatory to complete your KYC and verification process on UPI apps like Google Pay, PhonePe, Paytm, BHIM, Amazon Pay, and more.

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