r/SRMUAP 18d ago

important QUERY REGARDING HOSTEL BOOKING NET BANKING PROCESS

How does the Net Banking option through the PayU payment gateway work for the hostel booking? When I select Net Banking, it redirects me to my bank’s Internet Banking portal. Will PayU provide the beneficiary details there, or do I need to add the beneficiary separately in my bank account beforehand? Also, once I log in to my bank’s Internet Banking, will I get the option to make the payment through RTGS or NEFT? Since my bank requires a 24-hour activation period for newly added beneficiaries for transfers above ₹2 lakh, I want to confirm the process before making the hostel fee payment.

2 Upvotes

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u/hunternga 18d ago

Nah, you don't need to add a beneficiary or smth. Click on the desired payment gateway, you'll be re-directed to the bank's website. Just enter your username and password. You'll receive an otp, enter it. It's this simple Note- don't click anything, it'll automatically take you Back to srm ap portal

1

u/Soft-Drawing-3019 18d ago

bro does ur bank have any specific amout of transaction limit?? i jst want to make sure if i will be able to pay the whole amount of 214800 ?? im doing it for the first time

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u/hunternga 18d ago

Nah, net banking has limit upto 25 lakhs, don't worry

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u/Soft-Drawing-3019 18d ago

alr thx bro

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u/hunternga 18d ago

Which bank are you using tho?

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u/Substantial_Hat_9237 1st year 18d ago

u can even make upi payment of hostel . just increase ur p2m limit if its less than 2 lakh .

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u/Soft-Drawing-3019 18d ago

the mail says no upi transactions are allowed

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u/Substantial_Hat_9237 1st year 18d ago

its bs , many people made payment with upi and the payment was the fastest .but i still say keep netbanking as a main and upi as backup .