At ABJ Finstocks (SEBI Registered RA),

protecting the interests of Investors and Traders is at the core of everything we do.

This is as per the SEBI circular on “Standardised, Validated and Exclusive UPI IDs for Payment Collection by SEBI Registered Intermediaries.”

Ref: SEBI Circular no. SEBI/HO/DEPA-II/DEPA-II_SRG/P/CIR/2025/86 dated June 11, 2025

SEBI has introduced validated UPI IDs for all SEBI-registered intermediaries to ensure safer, more transparent, and fraud-free payments in the securities market.

As a proud SEBI-Registered Research Analyst since 2016, we are happy to inform you that our payment system is now fully upgraded to Validated UPI Handles.

✔ Official Validated UPI IDs (Use as a first choice for future Payments)

1️⃣ abjfinstocks.2016.ra@validkpay
2️⃣ abjfinstocks.ra@validicici

✔ QR Codes for Both UPI IDs

You can find both QR codes here:
👉 https://multibaggers.co.in/payment-options/

We request you to use these validated UPI IDs as your primary (first) payment option for all future payments.

Why SEBI Introduced Validated UPI IDs

SEBI launched this initiative to:

1. Prevent investors from sending money to fake or impersonator UPI IDs
2. Ensure payments reach the correct SEBI-registered intermediary only
3. Bring standardisation and transparency in payment collection
4. Provide a verification symbol in UPI apps showing the intermediary is genuine
5. Protect investors from frauds, misdirected payments, and unauthorised entities

Frequently Asked Questions (FAQs) For Investor/Trader

Q. Is it compulsory for the investors to use the new handle only?

Ans. The investors can choose their preferred mode of payment, such as UPI, IMPS, NEFT, RTGS, or Cheques. If an investor opts to use UPI for the payment to registered intermediaries, then they have to do so only using the new UPI IDs allotted to registered intermediaries.

Q. What should I check while making payment using the new UPI IDs/ QR Code?

Ans. Investors need to keep following things into consideration:

1.The UPI ID should properly show the name of the intermediary, followed by the short abbreviation of their category for example “brk” for Brokers, “mf for Mutual Funds to the left of the character.

2.On the right side of the the new and exclusive handle “@valid” should be present, followed by the bank name.

3.On the confirmation screen, the app should show a white thumbs-up icon inside a green triangle.

4.The QR code generated using the utility will have a white thumbs-up icon inside a green triangle. It will also display the UPI ID just below the QR code.

Q. Do investors also need to obtain new UPI handles to transact in the securities market?

Ans. No, the new UPI IDs are only for intermediaries to obtain and investors can continue to use their existing UPI IDs.

Q. Whom to approach if my transaction/ payment fails with the new UPI ID?

Ans. The secure validated UPI ID of intermediaries will use the same banking channel as the earlier generic UPI handles. In case of any technical difficulty, investors are requested to approach their respective bank.