Frequently Asked Questions

Any UPI app (like PayTM, BHIM, PhonePe, PayZapp, etc.) installed on smartphone, VPA of your account, R. Wadiwala VPAs for transfers, and MPIN for approving UPI fund transfer requests.

R. Wadiwala VPA: rwadi.brk@validhdfc

Direct transfer via PSP app, net banking, or mobile banking; Collection request via R. Wadiwala Web login or Mobile App; Request submission through relationship manager.

Install desired PSP App, setup R. Wadiwala accounts as payees, initiate fund transfer, insert R. Wadiwala VPA for desired segment, complete transfer. Funds shall be transferred instantly.

Go to Manage tab > Transfer Funds to R. Wadiwala > Select UPI > Select segment > Insert your VPA > Insert amount > Review and Proceed > Approve using bank MPIN.

Go to Fund Request tab > Deposit Funds > Select UPI > Select segment > Select bank account > Insert VPA > Insert amount > Review and Proceed > Approve using MPIN.

If fund transfer is executed from registered bank account, trading account and limits will be updated within ten minutes.

New bank account linking will be completed by end of day. Credit will appear on next working day. Name of first holder in new Bank Account and trading account holder should be same.

As per SEBI guidelines you must pay fund from your bank accounts linked to your trading account only. Amount shall be refunded to the account from where funds have been transferred.

Status viewable via R. Wadiwala Back Office Web and Mobile App. You shall be simultaneously intimated by SMS at every stage.

Unified Payments Interface (UPI) is a payment system developed by NPCI (an RBI regulated entity). It enables instant money transfer between bank accounts.

Virtual Payment Address - a unique ID which a user creates by linking their accounts to a bank's mobile application or any UPI based PSP App. For example: ram32@axis or shyam@SBI.

Mobile Personal Identification Number - a 4-6 digit secret code similar to ATM PIN, generated on successful registration for mobile banking.

UPI is the best and simplest option for instant fund payment up to Rs. 1,00,000. No beneficiary registration required, instant 24x7 transfers, only needs VPA and MPIN.