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Pay With Mutual Fund
October 30 , 2025
5 days
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- India’s Unified Payments Interface (UPI) now allows users to pay directly using liquid mutual fund holdings.
- Users can link their mutual fund accounts to their UPI identification (ID) and choose the new payment option at checkout.
- Payments are deducted instantly from the mutual fund without needing to be redeemed into a bank account.
- The feature is regulated by the Securities and Exchange Board of India (SEBI) and integrated with UPI’s secure system.
- Currently, it supports selected merchants, online platforms, and utility bill payments, with plans to expand further.
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