Unified Payments Interface (UPI)

APCOB is offering its customers Unified Payments Interface (UPI) service also which is an instant real-time payment system developed by National Payments Corporation of India (NPCI) facilitating inter-bank transactions. The interface is regulated by the Reserve Bank of India and works by instantly transferring funds between two bank accounts on a mobile platform through IFSC+Account Number or Mobile Number.

Customers of the bank can use any UPI client app to link their accounts of our bank to transfer money at any time.

To avail UPI services, kindly register your mobile number to the accounts in the respective branches and search for “The andhra pradesh state co operative bank limited” in the UPI apps with the registered mobile number.

Through UPI, money can be sent or requested with the following methods:

  • Virtual Payment Address (VPA) or UPI ID: Send or request money from/to bank account mapped using VPA.
  • Mobile number: Send or request money from/to the bank account mapped using mobile number.
  • Account number & IFSC: Send money to the bank account.
  • Aadhaar: Send money to the bank account mapped using Aadhaar number.
  • QR code: Send money by QR code which has enclosed VPA, Account number and IFSC or Mobile number.
  • Per Transaction limit : Rs.50,000/-
    Per day limit : Rs: 1,00,000/-