How to approve a UPI IPO mandate on BHIM

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BHIM (Bharat Interface for Money) is the UPI application developed by the National Payments Corporation of India (NPCI). When your IPO bid’s UPI Virtual Payment Address is registered on BHIM, the UPI mandate for the bid appears as a prominent Approve mandate banner on the BHIM home screen. BHIM is often the fastest and simplest app for mandate authorisation because it surfaces the mandate on the home screen and displays the full mandate parameters, making verification straightforward.

For the generic mandate approval flow see the generic mandate approval guide. For the bid submission procedure see the Kite web guide. For the UPI ASBA and BHIM app background see the respective wiki articles.

Step-by-step procedure

Watch for the push notification or home-screen banner

Within thirty seconds of submitting the IPO bid, BHIM sends a Block Funds for IPO or Mandate Request push notification. Simultaneously, the BHIM home screen displays a prominent Approve mandate banner at the top, which is visible as soon as you open the app regardless of whether you received the push notification.

Tap either the notification or the banner to proceed.

Tap the banner or open BHIM

If the push notification has been dismissed, open the BHIM app. The Approve mandate banner is displayed at the top of the home screen. Tap the banner. BHIM opens the mandate detail view.

If the banner is not present on the home screen, check whether any time has passed since bid submission; mandates can take up to five minutes to appear during peak subscription windows. Pull-to-refresh the BHIM home screen.

Review the mandate details

BHIM displays the mandate parameters more verbosely than most other UPI apps, showing the raw mandate XML fields alongside the human-readable labels:

  • Issuer/Payee name, the IPO company name or the sponsor bank.
  • Amount, the block amount.
  • Validity, the end date of the mandate.
  • Recurrence type, for an IPO mandate, this should read One-time or Block (not Recurring). A mandate with recurrence type Recurring for an IPO is anomalous; do not authorise and contact your broker.
  • Transaction type, should read Debit block or similar.
  • Beneficiary bank, the sponsor bank.

Verify the issuer name matches the IPO you applied for and the amount matches your bid value.

Tap Authorise

Tap the Authorise button. BHIM may prompt a quick confirmation step before proceeding to the PIN screen.

Enter your UPI PIN

Enter your four- or six-digit UPI PIN on the NPCI-rendered PIN screen. BHIM, as an NPCI-developed app, uses the same NPCI SDK for PIN entry as all other UPI apps.

Confirm the success screen

BHIM displays a mandate authorisation success screen confirming the mandate is Active. The lien on your bank account is placed within seconds.

Return to Zerodha Kite and navigate to Bids → Order history. The bid status updates from Mandate Pending to Mandate Accepted within thirty seconds.

What can go wrong

  • Approve mandate banner not visible on BHIM home screen. The mandate has not yet arrived (allow up to five minutes) or your UPI VPA is not registered on BHIM. Check UPI ID settings in BHIM to confirm your VPA.
  • Mandate shows recurrence type Recurring. This is anomalous for an IPO mandate. Do not authorise. Contact your broker immediately.
  • UPI PIN locked after multiple failed attempts. Use BHIM’s Forgot UPI PIN flow, which requires your debit card last six digits and an OTP. Reset takes one to five minutes.
  • Success shown on BHIM but Kite still shows Mandate Pending. Wait up to ten minutes; the Kite update comes via the exchange feed. If still unresolved after thirty minutes, check your bank’s app for a lien entry.

References

  1. NPCI UPI 2.0 mandate specification, https://www.npci.org.in/what-we-do/upi/product-overview.
  2. NPCI Circular dated 8 September 2025, Enhancement of UPI Per-Transaction Limits for Capital Markets and Insurance Premium Categories.
  3. BHIM app, NPCI, https://www.bhimupi.org.in.
  4. FAQs on UPI in Public Issue Process, SEBI, July 2019.

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The WebNotes Editorial Team covers Indian capital markets, payments infrastructure and retail investor procedures. Every article is fact-checked against primary sources, principally SEBI circulars and master directions, NPCI specifications and the official support documentation published by the intermediary in question. Drafts go through a second-pair-of-eyes review and a separate compliance read before publication, and revisions are tracked against the SEBI and NPCI rule changes referenced in the methodology section.

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