For security reasons your bank freezes your account for 12 hours after your first UPI payment is approved meaning in english
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the meaning is as follows:
- They don’t freeze your bank account but actually the freeze is for UPI Transactions. so you will not be able to perform upi transactions
- scammers are known to target people with no UPI account. so first they first convince you to open a UPI Account and force you to send them money in a clever manner. so when new UPI account is made, only one Transaction amounting to maximum INR5000/- is allowed so that fraud risks can be reduced.
- Duration of the freeze can either be 12 or 24 hrs , depending on your bank.
- sometimes the problem arises due to typing wrong pin or any other details continuously.
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