Standardized, validated and exclusive UPI IDs for secure fund transfers to SEBI-registered intermediaries.
Circular: SEBI/HO/DEPA-II/DEPA-II_SRG/P/CIR/2025/86 • Dated June 11, 2025
Questions – Click to View Answers
To protect investors from fraudulent UPI handles, impersonation and unauthorized collections,
SEBI has launched a standardized and validated UPI framework, commonly referred to as
“valid UPI” or validUPI.
Under this framework, UPI IDs used for investor payments must be:
- Standardized – follow a clear, predefined naming structure.
- Validated – mapped to verified bank accounts of SEBI-registered intermediaries.
- Exclusive – dedicated to collection of funds under a specific merchant category.
The core objective is to ensure that every rupee you transfer via UPI reaches only the
genuine SEBI-registered intermediary you intend to pay.
Your financial safety is our highest priority. In line with SEBI's circular
SEBI/HO/DEPA-II/DEPA-II_SRG/P/CIR/2025/86 dated June 11, 2025,
ProStocks has fully implemented the valid UPI system across all UPI-based
client fund transfers.
We are proud to be among the first stock brokers in India to adopt this
framework for all clients. This ensures that UPI payments you make towards ProStocks are routed only to
verified bank accounts of SEBI-registered intermediaries.
For all fund transfers to ProStocks, you must now use your personal valid UPI handle:
PROSTOCKS.XXXXX.BRK@VALIDHDFC
Replace XXXXX with your ProStocks client code.
Structure of your UPI ID
-
Username: PROSTOCKS.XXXXX.BRK
“BRK” clearly indicates that this ID belongs to a broker.
-
Handle: @VALIDHDFC
UPI IDs with the @valid handle are exclusively designated for payment collection
by SEBI-registered intermediaries under merchant category code 6211.
Examples
| Client Code |
valid UPI Handle |
| A9123 |
PROSTOCKS.A9123.BRK@VALIDHDFC |
| P9876 |
PROSTOCKS.P9876.BRK@VALIDHDFC |
This UPI handle is unique to you, validated under SEBI’s framework and issued
through HDFC Bank specifically for fund collection by ProStocks.
SEBI has provided an official verification tool called “SEBI Check” for investors to validate
UPI IDs and bank accounts of registered intermediaries.
SEBI Check Portal – UPI Verification
Visit the official SEBI Check portal here:
https://siportal.sebi.gov.in/intermediary/sebi-check
Step-by-step: Verify Your ProStocks valid UPI ID
- Open the SEBI Check link in your browser.
- On the homepage, select “Verify UPI ID”.
-
Enter below mentioned valid UPI ID:
PROSTOCKS.BRK@VALIDHDFC
- Click Submit / Check.
-
The system will confirm whether the UPI ID belongs to a SEBI-registered intermediary,
giving you independent confirmation before you pay.
This simple verification step ensures 100% safe and authentic transactions
with your broker.
You can use your ProStocks valid UPI handle from any popular UPI app such as Google Pay, PhonePe,
Paytm, BHIM and others.
Step-by-Step to Pay Using valid UPI
- Open your preferred UPI app on your mobile device.
- Select “Pay via UPI ID” or the closest equivalent option.
-
Enter your ProStocks UPI ID exactly as:
PROSTOCKS.XXXXX.BRK@VALIDHDFC
- Confirm that the beneficiary name displayed is ProStocks.
- If your app displays a validUPI or similar security indicator, verify it visually.
- Enter the amount and complete the payment as usual.
Always double-check the UPI ID before approving the transaction.
Even a single character error can result in payment failure or routing to a different beneficiary.
SEBI’s valid UPI framework is a major step forward in safeguarding investor payments in India.
For ProStocks clients, it brings multiple benefits:
- Prevents fraud and fake UPI handles by enforcing standardized, verified IDs.
- Ensures money goes directly to ProStocks’ verified account via your broker-tagged UPI ID.
- Eliminates impersonation risk where someone might mimic a broker’s name or UPI ID.
- Enhances safety using SEBI’s secure verification system (SEBI Check portal).
- Brings transparency and trust to all UPI-based investing and fund transfers.
Do’s
- Update your records with your ProStocks valid UPI handle immediately.
-
Use only your personalized UPI ID for payments to ProStocks:
PROSTOCKS.XXXXX.BRK@VALIDHDFC
- Use SEBI Check whenever you want to confirm the authenticity of a UPI ID.
- Confirm that the beneficiary name is ProStocks before proceeding.
Don’ts
- Do not make payments to any earlier / old UPI IDs previously used for ProStocks payments.
-
Do not approve a payment if the UPI ID is even slightly different from:
PROSTOCKS.XXXXX.BRK@VALIDHDFC
-
Do not rely only on screenshots or forwarded UPI IDs without verifying them yourself using
the SEBI Check portal.
If you have any questions about SEBI’s valid UPI system, your personalized UPI handle,
or how to verify and use it, our support team will be happy to help.
Email: [email protected]
Phone: +91-22-62434343
As a leading Mumbai-based stock broker, ProStocks is committed to adopting every SEBI innovation that strengthens
investor protection, payment safety and transparency. With valid UPI, we are proud to take
another major step in ensuring safe, secure, and transparent fund transfers.
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