How to link phonepe with bank account?

• Go to the My Money page. & under Payment Methods, select Bank Accounts.
• Select your bank. Click on the 'Add New Bank Account' button at the bottom & Select your bank.
• Fetching your account details & set up UPI pin.
• Enter Debit/ATM card details.
• Bank account added successfully!

So, if you’re pondering how to add a bank account in PhonePe, this guide can help your framework achieve the same.

This guide covers the basics of adding accounts to Phone Pe, recovering your UPI PIN, how to reset the password and more.

Follow the steps below to add a bank account in PhonePe:

Step 1: Open your PhonePe app and log in via fingerprint scan or using the 4-digit MPIN.

Step 2: Navigate to ‘Menu’ by clicking on the icon available at the top left corner of the screen.

Step 3: Tap on the ‘Add Bank Account’ option under the ‘Payment Instruments’ section.

Step 4: The app will automatically fetch your account details in a second and link them to your PhonePe account.

Step 5: Now, proceed further and by tapping on the set UPI PIN button, create and set a UPI Pin.

Step 6: Ensure that you have an active debit or ATM card for your bank account that you wish to add. Furnish your debit card details, such as its last six digits and the expiry date.

Step 7: An OTP will be sent to your registered mobile number. Enter the OTP to set your UPI PIN.

Step 8: Once you have set the UPI PIN, your bank account will be added successfully. Now, you can use your bank account to send and receive money and make any transactions.

PhonePe allows you to add more than one bank account in the app. Adding another account is no different from adding a new one. Therefore, you can use the same process mentioned above to add multiple bank accounts with PhonePe.

You must have an active ATM or debit card if you wish to add a bank account to PhonePe. You won’t be able to use any UPI services for your bank account if you don’t have an active ATM or debit card.

For more information about this, you can contact your bank directly.

If you have either deleted or deactivated your PhonePe account, you won’t be able to activate or recover your PhonePe account. Instead, you will have to create a new PhonePe account, generate a new mPIN and select the add bank account to Phonepe option, after which you will need to generate a new UPI PIN. Once this process is completed, you will only be able to use your account for online transactions.

Follow the steps mentioned below to recover PhonePe UPI PIN:

Step 1: Open the PhonePe application and log in using the 4-digit MPIN.

Step 2: Navigate to ‘Menu’ by clicking on the icon available at the top left corner of the screen.

Step 3: Tap on the ‘Add Bank Account’ option under the ‘Payment Instruments’ section

Step 4: Choose your bank account for which you wish to set the UPI Pin. Click on the ‘Reset’ option to set a new UPI Pin for the bank account.

Note: If you have never set a UPI Pin for the bank account, you will find a ‘Set’ option.

Step 3: Enter the last six digits of your ATM/Debit card and its expiry date. If there’s no expiry date on the card, you can try entering 00/49.

Step 4: You will receive an OTP on your registered number. Enter it in the required field.

Step 5: Enter your new UPI Pin and tap on Submit.

Step 6: Your UPI Pin will be successfully set up for your bank account, and you can start sending and receiving money and making payments directly from your bank account.

In case you have forgotten your PhonePe password, you can reset your password by following the steps below:

Step 1: Open the PhonePe app log-in screen.

Step 2: Click on Forgot password.

Step 3: Provide your registered phone number.

Step 1: Open the PhonePe app.

Step 2: Click on the profile icon.

Step 3: Go to the Payment Instruments section and choose to add bank account.

Also read: How to reset UPI PIN on PhonePe

Step 4: Select the bank and verify the connected mobile number through OTP authentication. The application will obtain your bank account details.

Step 5: Proceed to set up your UPI PIN. You will have to choose between a debit card and an Aadhaar. Select Aadhaar.

Step 6: Enter the last six digits of your Aadhaar number. An OTP will be sent to your registered mobile number.

Step 7: Now, enter the OTP and set up the UPI PIN. PhonePe UPI will now be activated.

Also read: How to change your UPI PIN without debit card