Skip to main content

How to deposit via UPI on Olymptrade

Learn how to make a deposit by UPI, including steps, processing time, and useful tips.

Written by Maya

In this article, you’ll learn how to deposit via UPI, including the required steps, processing time, and helpful tips.

▶️ Deposit steps

  • Go to this link and choose UPI.

  • Choose your deposit amount.

  • Fill in your UID (Aadhaar Card), VPA, Phone number, and First and Last name.

  • Complete the payment following the instructions in your UPI-supporting app.


💡Tips & Tricks

  • Check that you are entering the correct MPIN within the time given.

  • MPIN is a 6-digit passcode you enter to confirm a transaction.

  • Ensure you fill in the correct VPA (Virtual payment address) for your deposit.

  • VPA typically follows the structure "username@bankname," where the username is chosen by the user, and the bank name refers to the bank or payment service provider facilitating the UPI service.

  • Make sure you have sufficient balance in your wallet to cover UPI transaction fees and exchange rates.

  • You can usually check your balance at the top or top-right corner of your UPI-supporting app.

  • After you complete your deposit, you will receive a UTR number.

  • Send this UTR number to the deposit page for quick payment confirmation.


⚙️ Dealing with deposit errors

  • Most deposit errors are resolved by waiting 15 minutes before trying a new deposit or performing basic troubleshooting.

👉 Create a new deposit request for each transaction. Using the same QR code or deposit details for multiple deposits may cause the transaction to be lost.

💰 For deposits above ₹2000, use the provided phone number instead of the QR payment option.

🏦 Banks may apply frequency or amount limits. Try reducing the number of UPI deposits or the deposit amount to avoid these limits.

Most deposits are credited instantly. If the money has been deducted but the deposit hasn’t appeared yet, please wait 15 minutes. If it’s still not there, you can send a request through our chatbot so we can check it.

Ready to make a deposit?

Did this answer your question?