UPI is a payment system that allows money to be transferred between any two bank accounts using a smart phone.
Users need to create a Virtual Payment Address and link it to a bank account, which then acts as their financial address.
Sending money using the UPI app is as easy as sending a message, since users don't need to remember the beneficiary's account details or their own net banking ID and password.
The service is instant and available round the clock, even on public and bank holidays.
Currently, the per transaction cap is `1,00,000. But this may change from time to time, as it is subject to the UPI guidelines.
Invest Rs 1,50,000 and Save Tax upto Rs 46,350 under Section 80C. Get Great Returns by Investing in Best Performing ELSS Funds
Top 10 Tax Saver Mutual Funds for 2017 - 2018
Best 10 ELSS Mutual Funds to invest in India for 2017
1. DSP BlackRock Tax Saver Fund
2. Invesco India Tax Plan
3. Tata India Tax Savings Fund
4. ICICI Prudential Long Term Equity Fund
5. Birla Sun Life Tax Relief 96
6. Franklin India TaxShield
7. Reliance Tax Saver (ELSS) Fund
8. BNP Paribas Long Term Equity Fund
9. Axis Tax Saver Fund
10. Birla Sun Life Tax Plan
Invest in Best Performing 2017 Tax Saver Mutual Funds Online
Invest Best Tax Saver Mutual Funds Online
Download Top Tax Saver Mutual Funds Application Forms
For further information contact SaveTaxGetRich on 94 8300 8300
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