How to Use Instant Bank Deposit on Pi42

Modified on Thu, 29 Oct at 2:51 PM

Step 1: Getting Started 
Before you start, please ensure you've completed your KYC (Know Your Customer) and Bank verification with Pi42 Exchange. This is crucial for a smooth and secure deposit process.

Step 2: Initiating Deposit
Open the Pi42 Exchange app and navigate to the 'Funds' screen. 

Click on “Deposit INR” to start the deposit process



Step 3: Enter the Amount

Enter the amount you want to deposit. Example: Rs 25,000
(The system automatically recommends you which payment method is best for the chosen deposit amount) 

We support UPI as well as IMPS/NEFT payments from various banking partners.



Step 4: Choose the Wallet in which you want to deposit the funds
You can select which wallet you want to make the deposit into. INR wallet or Futures Wallet.



Step 5: Proceed with the payment 
In case of UPI, authorize and make the payment in your chosen PSP UPI App 
In case of Bank Transfer, add the provided Beneficiary details as a Payee and complete the payment via net banking.


After completing the deposit
The amount will reflect in your Pi42 Exchange wallet within 1-2 minutes, almost instantly.

Thank you for choosing Pi42 Exchange. Enjoy the quick, secure, and convenient way to fund your Pi42 account today!

                                                                 





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