In a significant step towards simplifying digital payments, MBank announced the launch of its official UPI handle, @mbank. Now, millions of users can send and receive money instantly, pay bills, and shop online with zero fees, making banking as effortless as sending a WhatsApp text.
While most fintech players operate under third-party bank handles, Mbank has officially cut the cord. With this, it becomes the only non-scheduled urban cooperative bank in India to get its own UPI handle.
In a country like ours, where UPI transactions surpass 21 billion monthly, many users still struggle with complicated handles and hidden charges from third-party apps. Mbank changes this by offering direct bank-to-UPI connectivity, ensuring faster settlements, enhanced security and exclusive perks for new users.
“We wanted to clear the clutter,” said Mr Tanveer Inamdar, Chairman of Mbank “No more apphopping or surprise fees, our handle empowers Indians to transact smarter. When you see @mbank, you know you’re dealing with a platform that owns its tech from end to end.
Key benefits of the @mbank UPI handle include:
- A single, easy-to-remember payment identity
- Enhanced trust through a direct bank-branded handle
- Seamless compatibility across UPI-enabled apps
The launch of @mbank simplifies and personalises banking for millions of users. As India continues to lead the world in digital payments, Mbank ensures its users have the fastest, most reliable, and sleekest address in the digital ecosystem.
The @mbank handle is now live and available to all Mbank customers. With this launch, Mbank reinforces its commitment to innovation that serves real people, real habits and real financial needs.
About MBank
MBank, The Muslim Co-operative Bank Ltd., is a Pune-headquartered co-operative bank offering digital banking, loans, deposits and financial services. Established in 1931, the bank focuses on accessible, technology-driven and community-centric banking solutions for individuals and businesses across Maharashtra.
