UPI Handle

SEBI circular SEBI/HO/DEPA-II/DEPA-II_SRG/P/CIR/2025/86, dated June 11, 2025, has introduced a structured framework for Standardised, Validated, and Exclusive UPI IDs for payment collection by SEBI-registered investor-facing intermediaries. The purpose is to provide an option to investors to transfer funds directly to bank accounts of intermediaries that have been validated with SEBI.

1. What is a Validated UPI Handle?

A UPI ID issued by a Self-Certified Syndicate Bank (SCSB) that follows SEBI's prescribed format and includes a verification icon to confirm authenticity.

2. Why has SEBI introduced Validated UPI Handles?

• Assured Security: Payments are routed through validated UPI handles that are verified.
• Fraud Prevention: Investors can instantly detect and avoid fraudulent activities when the exclusive "thumbs-up" cue is absent.
• Transparency and Trust: Empowers investors to transact with confidence.

3. What is the format of a Validated UPI ID?

A SEBI Validated UPI ID is a standardized and secure payment identifier used by SEBI-registered intermediaries (brokers, mutual funds, etc.) to receive investor payments. Structure: username.suffix@validbankname (suffix is .brk brokers, .mf mutual funds, .pms portfolio managers).

In case of Helios MF, the Validated UPI handle is helios.mf@validicici

4. How can investors identify a Validated UPI Handle?

Look for the exclusive @valid handle and the "thumbs-up inside a green triangle" icon confirming transaction authenticity. Its absence is a caution.

5. Is it mandatory for intermediaries to use Validated UPI IDs?

Yes. All SEBI-registered investor-facing intermediaries must adopt validated UPI IDs by October 1, 2025.

6. Can I verify a UPI ID manually?

Use the SEBI Check tool: sebi.gov.in/sebi_check.html

7. What should I do if the verification icon is missing during payment?

Do not proceed with the transaction. It may be fraudulent.

8. Is there a limit on UPI payments for investments?

Yes — up to ₹5 lakhs per day, depending on the bank or payment app.