WHAT’S THE “SEBI CHECK” TOOL?" Validated UPI Handles"

 

SEBI ANNOUNCED "SEBI CHECK" TOOL TO CHECK VALIDATED PAYMENT HANDLES TO PREVENT CYBER FRAUDS

The "Validated UPI Handles" and "SEBI Check" will enhance Investor Protection and Combat deepfakes and cyber frauds.

Investors can check on 'SEBI Sheck" whether a UPI handle or bank account is registered or not before making any payment.

WHAT’S THE “SEBI CHECK” TOOL?

SEBI announced a comprehensive cyber‑fraud prevention initiative, including:

·      Validated UPI Handles for SEBI‑registered intermediaries—brokers and mutual funds.

·      A distinct visual “thumbs‑up inside a green triangle” icon displayed during payments to these valid handles, letting investors know they're paying to an official entity or not

·      “Sebi Check” tool, a digital utility allowing investors to verify UPI payment IDs (via QR scan or manual input) and confirm bank account details and IFSC codes associated with registered intermediaries.

·      A daily transaction limit of ₹5 lakh via UPI for capital market payments.

·      Rollout starts October 1, 2025

WHAT INVESTORS SHOULD DO?

·      From Oct 1, 2025, always pay using UPI handles with the “@valid…” suffix and green‑thumb icon.

·      Use the Sebi Check tool to confirm UPI IDs and bank details before transferring funds.

·      Avoid payments to any UPI handle lacking these validations—even if they claim affiliation with a broker or mutual fund.

·   R V SECKAR FCS,LLB

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