Adoption of Standardised, Validated and Exclusive UPI IDs for Payment Collection as per SEBI Directive

In accordance with SEBI Circular No. SEBI/HO/DEPA-II/DEPA-II_SRG/P/CIR/2025/86, dated June 11, 2025, we have successfully implemented the mandated framework for "Adoption of Standardised, Validated and Exclusive UPI IDs for Payment Collection by SEBI Registered Intermediaries from Investors".

This SEBI directive is intended to enhance the safety, security, and transparency of fund transfers in the securities market and to provide investors with an assurance that their payments are being made to a verified and registered intermediary.

Key Points for Clients:

Availability of New UPI Facility: We have obtained our official, validated UPI handles as required by the circular. The following UPI IDs are now active and available for receiving PMS-related funds from Capitalmind registered clients: capitalmind.rzp.pms@validicici and capitalmind.pms@validicici.
Accessing the Validated UPI ID: Capitalmind onboarded clients are requested to log in to their secure client portal to access and use the validated UPI handles for transfers. Please note that the per transaction limit is INR 5 lakh and the cumulative daily limit is INR 10 lakh.
Use of UPI is Optional: We wish to clarify that the use of this new UPI mechanism is optional for investors. All other existing, approved modes of fund transfer, such as NEFT, RTGS, or Cheques, remain fully functional and available for your convenience.
Action for UPI Users: If you choose to use UPI for payments, you are required to use only the new, validated UPI IDs.

A brief FAQ regarding UPI can be accessed here.

We have implemented this measure in our commitment to regulatory compliance and to provide you with a more secure and transparent payment process.

For any further query by our registered PMS subscribers, please contact us at support@capitalmindwealth.com