The launch took place in the presence of Shri Ajay Kumar Choudhary, Non-Executive Chairman and Independent Director, NPCI
Bengaluru, 27th March 2025: The Reserve Bank of India (RBI) Executive Director Shri Vivek Deep launched NPCI BHIM Services Limited’s BHIM 3.0 in the presence of Mr. Ajay Kumar Choudhary, Non-Executive Chairman and Independent Director, NPCI and senior leaders from the banking and fintech industry. BHIM 3.0 represents its third evolution since its launch in 2016 by Prime Minister Narendra Modi.
BHIM 3.0 now offers:
- More Languages – Available in 15+ Indian languages for better accessibility
- Works in Low Internet Areas – Optimised to ensure seamless transactions even with slow or unstable network connections
- Better Money Management – Advanced tools to track, manage, and split expenses with ease
Speaking at the event, Mr. Ajay Kumar Choudhary said, “BHIM has always played a key role in making digital payments secure and simple for every Indian. The launch of BHIM 3.0 is another step towards empowering millions of users, merchants, and banks, helping India move further into a digitally inclusive future.”
About NPCI BHIM Services Limited:
NPCI BHIM Services Limited (NBSL) was incorporated in 2024, as a wholly owned subsidiary of the National Payments Corporation of India (NPCI). NBSL aims to enhance the adoption of digital payments through the Bharat Interface for Money (BHIM) platform and committed to providing a seamless, secure, and user-friendly payment experience to individuals and businesses across India.
NBSL facilitates quick and efficient digital transactions, offering an accessible and reliable payment solution for all. By leveraging cutting-edge technology, NBSL aims to drive financial inclusion and support India’s journey toward becoming a fully digital economy.
