New Delhi: SEBI as a way to make investments safer and shield towards cyber frauds has launched a brand new software referred to as ‘SEBI Examine.’ This software will assist buyers confirm UPI handles and registered financial institution accounts earlier than making any funds. With options like ‘Validated UPI Handles’, SEBI goals to spice up investor confidence, forestall deepfake scams, and guarantee safe transactions within the digital house.

Traders can now simply examine if a UPI ID is real by both scanning a QR code or coming into the ID manually. In terms of financial institution accounts, they will confirm key particulars just like the account quantity and IFSC code of registered intermediaries. On the coronary heart of this new system is a standardized UPI tackle format for intermediaries which features a username and a novel deal with.

The brand new UPI system will embody a user-friendly format the place the username is a readable title chosen by the middleman, adopted by a suffix that reveals their class—like “brk” for inventory brokers or “mf” for mutual funds. The legitimate deal with may also embody a novel identifier “@legitimate” together with the title of the self-certified syndicate financial institution. These verified UPI handles can be issued solely by the Nationwide Funds Company of India (NPCI) and can be used completely by SEBI-registered intermediaries to gather funds securely.

Beginning October 1, 2025, buyers will be capable of use SEBI Examine to confirm cost particulars earlier than making any transactions. This new software is designed to deal with points like cyber frauds, deepfakes, and impersonation. With SEBI Examine, buyers can simply discover out whether or not the particular person or middleman requesting funds is definitely registered—serving to construct larger belief and confidence within the funding course of.