SBI UPI Fund Transfer: If money is not deducted from the account and if the transaction is done then it will work, it will be beneficial

New Delhi, Business Desk. The country’s largest bank State Bank of India (SBI) offers UPI services to customers through its SBI YONO LITE App. There is a maximum transaction limit of ten thousand rupees at one time and maximum rupees 25,000 rupees in a day. With this service of SBI, customers can easily transfer their funds. But sometimes it happens that the fund transfer fails. Let us know what to do when your SBI UPI fund transfer fails.

1. If the money has been deducted from your account but the transaction has not been done, then UPI transfers the amount back to the payer’s account at the same time. If the amount is not received back by the payer, the customer can complain on the SBI Yono Lite app itself.

2. Once the payment is initiated the payment request for funds transferred through the YONI Lite SBI app’s UPI facilities cannot be stopped.

Also Read: Freely pay UPI, no money, action to be taken against banks charging fees

3. You can complain on the ‘Payment History’ option in the app. You have to go to ‘raise dispute’ by choosing a related transaction here. You can also find status information in the “Dispute Status” module available under the UPI facility in the SBI Personal App.

4. According to the bank website, no fee is currently being charged for this.

Learn the status of fund transfer in this way

To know the SBI UPI fund transfer status, the customer has to log in to the YONO Lite SBI app. After this, you will have to go to ‘Navigate to UPI’ option and click on ‘UPI Payment History’. Here customers can know the status of their fund transfer.

Funds can be transferred in this way also

If SBI customers are not comfortable in transferring funds from YONO app, then they can also transfer funds through VPA (Virtual Payment Address). Apart from this, customers can also transfer funds with the help of account number and IFSC code.

 

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