UPI related Communique for Customers - Systematix Group| Stock Market, E-Broking, Investment Banking, Private Equity, PMS, Institutional Broking, Wealth Management, NRI Services, InvestmentSystematix Group| Stock Market, E-Broking, Investment Banking, Private Equity, PMS, Institutional Broking, Wealth Management, NRI Services, Investment

Dear Valued Client, effective October 01, 2025, SEBI has mandated that all SEBI registered intermediaries, such as Systematix, must use validated UPI handles ending with “@valid” for all investor-facing transactions. Investors are free to choose their preferred mode of payment, such as UPI, IMPS, NEFT, RTGS, or cheque. If an investor opts to use UPI for payment to registered intermediaries, they need to only use the new validated UPI IDs. All legitimate UPI IDs now end with “@valid” suffix.

After you enter the amount you intend to pay, you will see the options your bank provides to choose between UPI and Net banking. When you select UPI as the mode, you will be directed to the UPI Application. Before making your payment, you can check the format of the UPI handle on the payment application. Kindly check that it ends with “@valid [followed by the bank name].” You can also manually verify the UPI ID should you wish to.