What is MPIN? Full Form, Meaning, How to Generate and Change mPIN

The use of online transactions are increasing daily among every individual and business. But the security issue related to online payment persists as we hear about frauds and scams almost daily. 

To strengthen the security of your transactions, mobile banking apps and UPI platforms have started asking for MPIN for verification. It is a unique passcode you must enter to authenticate your identity before proceeding with any transaction.

Go through this article to know more about MPIN and its relevant details.

What is an MPIN Number?

The full form of MPIN is Mobile Personal Identification Number. It is a 4 or 6-digit code you must enter on payment or banking apps before making a transaction. It acts as an authentication process during payments. 

With the help of MPIN, you do not have to remember details like bank account number, IFSC code or other personal information for verification during transactions. From a security perspective, MPIN has proved to be a key alternative to confirm the identity of a user during mobile payments.

MPIN Number - Example

An example of MPIN can be 257964 or 754129. You use this code before confirming the payment, thus helping the app verify your identity and account details with this code.

How to Set a New MPIN?

To use mobile banking services seamlessly, you must set an MPIN. However, there are different ways you can generate this passcode.

You can follow these methods to understand how to get MPIN.

1. Using net banking

Follow the steps to generate MPIN for your mobile banking app:

1. Open your bank's net banking app and enter the customer ID and password to log in.
2. Navigate to the option for mobile banking in the Menu section and choose the MPIN option.
3. Click on “Setup MPIN”.
4. An OTP will be sent to your registered mobile number. Enter it to verify your number. 
5. Enter the 4 or 6-digit MPIN code of your choice and confirm.

2. Using UPI app

Different UPI apps can be used to generate a new MPIN or change it. The steps to generate MPIN through UPI are:

1. Log in to your UPI app using your banking customer ID and password.
2. Navigate to the Settings or Profile section.
3. Find the option to set MPIN.
4. Follow the instructions as displayed to set up and confirm your MPIN.

3. Using an ATM card

MPIN can also be set at an ATM. The method to follow here is:

1. Insert your card into the ATM machine. 
2. Enter the card’s PIN and select the “Confirm” option.
3. From the next menu, choose “Forgot MPIN / login password”.
4. After completing data authentication using the OTP sent to your registered mobile number, you can finally set the MPIN.
5. After successfully setting up the MPIN, you will receive a confirmation message in your registered mobile number.

4. Using USSD code

Now, you also have the option to facilitate offline UPI transactions. For that, you need to dial a USSD code that will guide you to all the related processes of bank transactions. To set an MPIN offline, follow these steps: 

1. Dial *99# from your phone.
2. Select the option of “Generate MPIN”.
3. Enter the last six digits of your debit card and its expiry date and click on “Send”. 
4. You will get the option to input the new MPIN. 

After confirming your choice, your unique MPIN will be generated.

How to Change MPIN?

As an added security measure, users are always requested to change their MPIN at regular intervals. To change or reset your MPIN, follow these steps:

1. Log in to your mobile banking app using your credentials or current MPIN.
2. Go to the "More" option or Settings Section and select "Change MPIN".
3. Enter your old MPIN and the new PIN you want to set and confirm your selection. 
4. Enter the OTP sent to your registered mobile number to successfully change your MPIN.

You can also change your MPIN using the UPI app. Follow the same steps that are mentioned above to set up an MPIN.

 Difference Between UPI PIN, ATM PIN and MPIN

Even if MPIN, ATM PIN and UPI PIN sound similar, they are way different from one another when it comes to usage. Check the following table to understand their differences.

Final Word

Overall, MPIN is useful in facilitating different banking services via mobile bank applications and UPI platforms. MPIN aims to authenticate and secure your transaction and avoid fraud. Generating and using MPIN is easy during payments. But remember never to share your MPIN as it could lead to fraudulent activities.

Frequently Asked Questions

How do I find my MPIN number?

Ans. If you have forgotten your MPIN, you can generate it again via the mobile banking app of your account or the UPI payments app, depending on your requirement. 

What is the MPIN number?

Ans. Mobile Personal Identification Number (MPIN) is a 4 or 6-digit code used for verification purposes whenever you wish to use your net banking app or facilitate an online transaction. 

How do I get a 6-digit MPIN?

Ans. You can get your 6-digit MPIN by following these steps:

1. Navigate to the “Generate MPIN” option on your bank’s app.
2. Enter the last six digits of your debit card number and the expiry date.
3. Enter the OTP sent to your registered mobile number to authenticate MPIN generation.
4. Enter the MPIN you desire and click on “Submit”.

What is my MPIN password? 

Ans. The MPIN password is a 4 or 6-digit passcode you must enter every time you use your net banking app. It is used to verify the user's identity, thus preventing any scams or fraudulent activities. If you ever forget your MPIN, you can simply click on the ‘Forgot your PIN’ option and proceed as required to create your new MPIN. 

Is MPIN the same as ATM PIN?

Ans. No. MPIN and ATM PIN are completely different. You can use your ATM PIN only while transacting through an ATM. On the other hand, MPIN is used during availing online banking services or digital transactions.

How to change MPIN in YONO?

Ans. Steps to change your MPIN in YONO are:

1. Once you have logged in, visit the “Profile Setting” section. 
2. Choose the “Change MPIN” option
3. Enter your old MPIN and new MPIN
4. Confirm your new MPIN. 

Is MPIN and UPI PIN the same?

Ans. No. MPIN is a code entered to authenticate mobile banking transactions such as NEFT or IMPS. Whereas UPI PIN is a password used to verify payments on any UPI or payments app.