Add Bank Account in PhonePe: Link Your Bank Account Easily in 2026

Funds are never stored on the Indian aggregator PhonePe. Every transaction is an instant transfer directly between your bank account and the receiver. To complete a new transaction you must understand how simple it is to link your bank account. This article provides a detailed step-by-step process. The guide is also useful for a user who is using PhonePe for the first time on an Android or iPhone.

Steps to Add Your Bank Account to PhonePe

Before adding a new bank account, PhonePe and your bank run two basic checks.

The first check is the match of your mobile number. The SIM card inserted in your mobile device must match the mobile number registered with your bank. This match is the foundation of UPI verification linked to your bank account.

The second check is the availability of balance and network quality. For verification in step 4 PhonePe sends an outgoing SMS from the user device. Your SIM must be active. Your SIM must have enough balance for an SMS. Your SIM must be inside strong network coverage across India.

How to Add Bank Account in PhonePe Without a Debit Card

PhonePe provides a method that allows the user to connect a bank account without a debit card. This method works only when the bank supports Aadhaar based authentication.

When You Can Link Account Without a Debit Card

Two conditions determine eligibility.

The first condition is bank support for Aadhaar UPI. Many major banks in India support this function. Banks like SBI and ICICI Bank support Aadhaar UPI authentication. Users can check the current list of eligible banks on official NPCI resources or inside phonepe.

The second condition is the presence of the same mobile number in your Aadhaar records. The same mobile number must be updated in UIDAI. The same mobile number must be linked to your bank account.

If both conditions are met you may proceed.

Alternative UPI Verification Options

If your bank supports Aadhaar verification you can choose the Aadhaar Number option during UPI PIN setup. Enter six digits of your Aadhaar number. This is the process to use your Aadhaar instead of a debit card. Two OTP messages are used for protection. The first OTP comes from UIDAI. The second OTP comes from the bank. This double OTP system protects the user. This system prevents unauthorized access. After verifying both OTPs you can create the new UPI PIN.

How to Add Another or Multiple Bank Accounts in PhonePe

The UPI ecosystem allows a user to connect multiple accounts to one device. PhonePe allows linking more than one account through the same mobile number.

Adding Another Bank Account

Adding another account repeats the same method. You select the bank. You complete SMS verification. You set the UPI PIN. This process is simple and is designed to be simpler for a new user. PhonePe uses the same mobile number for all accounts.

Managing Multiple Bank Accounts

PhonePe offers tools for multiple accounts.

PhonePe allows linking not more than 25 new accounts per 24 hours. This rule prevents creation of fraudulent accounts. The limit per day applies per user and per device.

Conclusion

Follow simple security rules. Never share your UPI PIN. Always enable two factor protection. Stay aware of limits to avoid account blocks. A successful connection depends on the exact match of your mobile number with the number registered in the bank. The result is a secure environment for digital payments. The result is a stable interface for small transactions and large transfers.