SEBI INTRODUCES Verified Upi Handles for Market Payments from 1 October

ALL Stock Market Intermediaryies Such as Brokers, Mutual Funds and Portfolio Managers will only get exclusive and verified united united Payments Interface (UPI) Handles to Collect Payments from Investors to Collectors to Ensure safer transactions.

Starting 1 October 2025, About 8,000 intermediates registered with the Securities and Exchange Board of India (SEBI) MUST Use Verified UPI IDS That Are Standardize D, Issued Validated Bank Handles (like @Validhdfc) And displayed along with a green triangle and thumbs-up icon to confirm legitimacy, according to a circular ISSUED on Wednsday.

While Investors Can Still Choose Other Options (NEFT, IMPS, ETC.), ThOSE Using UPI will need to use the new verified ids.

SEBI CHEF Tuhin Kanta Pandey said the regulator’s goal is to reduce payment frauds in securities transactions, assure investors that payments are going to verified entities, and standardize payment collection Across Market Intermediaryies

All Intermediate Association and Stakeholders Had Been Duly Consulted ALONG with the NPCI (National Payments Corporation of India) And Self-CERTIED Syndicate Banks (SCSBS), He SAID in an inntectation with Media.

Each Intermediary w Ill Get a Unique ID Based on A Username (Eg Abc.Brk for a broker) and a handle is a verified by a verified bank (eg @validhdfc)

Sebi white-time member ananth narayan g said it will be up to the investors to ensure be launched shortly.

Pandey said 8,000 investor-facing intermediaryies who will be impacted by the circular will get time Time Till 8 December, After which the old upi ids will be discontinged.

Sebi’s 11 June Circular Clarified that only Banks Listed as Self-CELF-CELF-CENDICATE SYNDICATE BANKS CAN Issue these @Valid Handles.

Pandey Said Sebi will plan investor education programs across the country for the next two years to make investors aware about cyberyity and cyberfrauds. “Sebi has the budget, means and intensity to do it and we will carry it out.”