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How will valid UPI handle impact adding money or investing via Share.Market?

When you add funds or invest using UPI on Share.Market, you will receive payment requests only from SEBI-verified UPI handles. These include:

  • For Adding Funds on Share.Market: phonepewealthbroking.brk@validaxl
  • For Mutual Fund SIP(Recurring Debit)/SIP Setup: phonepe.smiccl.cc@validaxl
  • For Mutual Fund Lumpsum Investments: phonepe.smiccl1.cc@validaxl 

For IPO mandate requests, always verify that the mandate collect UPI ID ends with a valid handle (@valid) before approving the request.

These handles can be independently verified on the SEBI portal:
https://siportal.sebi.gov.in/intermediary/sebi-check

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