IDFC First Bank has taken a significant step in digital banking by launching Unified Payments Interface (UPI) services for its NRI customers, allowing them to make payments in India using their international mobile numbers. This pioneering move is set to transform the way Non-Resident Indians (NRIs) manage their financial transactions in India, eliminating the need for an Indian SIM card and making cross-border payments more convenient than ever before.
Traditionally, UPI the backbone of India’s digital payments revolution was accessible only to users with Indian mobile numbers. This limitation posed challenges for NRIs wishing to participate in India’s thriving digital economy, often requiring them to maintain an active Indian SIM card. With the new service from IDFC First Bank, NRIs can now link their international mobile numbers to their Indian bank accounts and enjoy the full suite of UPI services, including payments, fund transfers, and bill payments.
The service is available to NRI customers holding NRE (Non-Resident External) or NRO (Non-Resident Ordinary) accounts with IDFC First Bank. Initially, the facility supports international mobile numbers from countries including the US, UK, Singapore, Australia, Canada, and the UAE, with plans to expand further.
Customers can register their international mobile numbers through the bank’s official app or branch network. Once verified, the number is linked to the customer’s UPI ID.NRIs can use any UPI-enabled app to scan QR codes, pay merchants, transfer funds, or pay bills in India—just as resident Indians do.
This move by IDFC First Bank aligns with the Reserve Bank of India’s broader vision to internationalize UPI and make Indian digital payment systems accessible to the global Indian diaspora. The initiative is expected to benefit millions of NRIs, especially those supporting families in India or managing investments and property.
IDFC First Bank plans to expand the list of supported countries and enhance its digital offerings for NRIs, including value-added services like investment management, loan repayments, and utility bill payments all accessible through UPI.
Other Indian banks are expected to follow suit, further strengthening UPI’s position as a global leader in digital payments.
