How to Remove a Bank Account Linked to PhonePe UPI

Introduction to PhonePe UPI

PhonePe is one of the most popular digital payment platforms in India, offering a convenient way to make and receive payments using UPI (Unified Payment Interface). When you link a bank account to your PhonePe UPI, you can easily transfer money, pay bills, and manage your finances through the app. However, sometimes you might need to remove a particular bank account from your PhonePe UPI for various reasons. This guide will walk you through the steps to remove a linked bank account.

Removing a Bank Account from PhonePe UPI

Here are the steps to follow if you need to remove a bank account linked to your PhonePe UPI.

Step 1: Launch the PhonePe App

First, open the PhonePe app on your smartphone. Make sure you have the latest version installed to follow the most updated procedures.

Step 2: Navigate to My Money

Scroll down to the 'My Money' option, which is usually found near the bottom right corner of the app. Tap on it to access your PhonePe wallet.

Step 3: Select Bank Accounts

Under the 'My Money' section, tap on 'Select Bank Accounts'. This will show you a list of all the bank accounts that are currently linked to your PhonePe UPI.

Step 4: Choose the Account to Remove

Scroll through the list of bank accounts and tap on the account you wish to remove.

Step 5: Remove the Account

Look for the option to remove the account, which is usually a 'Delete' or 'Unlink' button. Tap on it to initiate the removal process.

Step 6: Confirm the Removal

A confirmation message will appear, stating that the bank account has been successfully deleted. Make sure you review the message to ensure that the removal was successful.

Important Notes

Before removing a bank account, make sure to check the following:

There are no pending transactions or linked payments on the account. You may need to verify your identity through OTP or other methods during the process. If you encounter any issues, refer to the PhonePe help section or contact their customer support for assistance.

Alternative Method

If the above method does not work, you can also remove a bank account by:

Going to the 'My Money' option, which is second from the bottom right. Clicking on 'BHIM ID'. On the top right corner, you will see a symbol of a dustbin. Tap on it to remove the bank account you wish to remove.

Post-Removal Steps

After removing a bank account, you can still link it to your PhonePe UPI again in the future if needed. To do so:

Navigate back to the 'Select Bank Accounts' or 'My Money' section. Follow the steps to link the account again.

Updates and Recent Changes

After the latest PhonePe app update, the process of removing a bank account has been simplified. Here's the updated procedure:

Go to the list of banks where you have an SB (Savings Bank) account. Click on the mark near the bank name to expand the options. Scroll down to the 'Unlink bank account' option and tap on it.

Additional Features

PhonePe has also recently added a feature to give names to your account numbers for different banks. This can help you keep track of your transactions more easily.

Keep Your Bank Statements Handy

Although PhonePe provides a secure and reliable service, it's always a good idea to keep your bank account e-passbook or m-passbook handy. This will help you verify the status of transactions, especially if you don't receive SMS notifications. Most banks provide e-passbooks for free via their mobile apps or the PlayStore.