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Corporate Laws Central Ministry of Finance Reserve Bank of India Act, 1934

Addendum to introduction of UPI LITE

21-Feb-2025 | NPCI/ UPI/OC No. 138B/2024-25

NPCI has issued a circular in reference to NPCI Circular No. NPCI/UPI/OC No. 138/2021-22, regarding Addendum to introduction of UPI LITE effective from 21st February, 2025. By virtue of the circular, it is notified that all issuer banks, PSP banks and UPI apps live on UPI lite are required to implement the requirements mentioned below- 1. All members are required to implement 'Transfer Out' functionality. It allows users to withdraw funds from their UPI LITE balance, without disabling UPI LITE. 2. All issuer banks who are live on UPI LITE are required to maintain Lite Reference Number (LRN). Further, reconciliation shall be done on daily basis with NPCI data so that LRN balances are reconciled in sync with NPCI data on an ongoing basis. 3. UPI app which has active UPI LITE must lock via App passcode, biometrics or pattern-based lock at the time of App login. Further, it is notified that the members are required to make these changes by 31st March, 2025. Kindly refer to attached document for further details.

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