While attempting to add funds to your trading account, the UPI transaction may fail due to one of the following reasons:- - Direct transfer without using comet: -Funds were transferred directly to Jainam’s VPA or UPI ID from the UPI app instead of using the Add Funds option on Comet.
- Unmapped bank a/c:-If the UPI ID (VPA) is mapped to a bank account that is not registered with Jainam. Transactions from an unmapped UPI ID will fail automatically and get reversed within 72 working hours or 3 days. If the funds are not reversed, contact the bank. You can only add funds using this bank account after registering it as your primary or secondary bank account.
- Delay in accepting UPI request : -The UPI request sent to the app was not accepted within 5 minutes.
- Beyond maximum limit: -More than 35 UPI transactions were attempted in a day.
- Beyond bank’s maximum limit per day: -The daily UPI transfer limit set by the bank was exhausted. UPI transfers have a limit of ₹1 to ₹2 lakh per day. Banks may have further restrictions on the amount per transaction.
- Incorrect input: -The UPI ID (VPA) was entered incorrectly.
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