FAQs for Super Multiple Option

How to create a UPI ID in BHIM APP - First Time User (example)?

  • Step 1 - Download the BHIM App from Google Play Store or Apple App Store and install it
  • Step 2 - Choose your preferred language
  • Step 3 - Choose a SIM that has a registered mobile number with your bank
  • Step 4 - Login using a 4-digit password
  • Step 5 Select and link your bank account
  • Step 6 Click with your UPI PIN and give the expiry date and last 6 digits of debit card.

    A debit card is required; if you don't have one, please contact your bank
  • 7th Step: If multiple Bank Accounts are linked to the same mobile, user must select Primary Account - through this he will submit an IPO Application
  • Step 8 UPI ID will be 9 ******** @UPI (user’s mobile number. @UPI so if mobile no. is 98 ******00. UPI ID will be 00@UPI).
  • Step 9 Mention the UPI ID above to IPO Application BHIM. This unique payment option can also be used without an internet connection. You can also dial *99# from any mobile phone to access the same features as BHIM on your smartphone screen. *99# is also an option to register for BHIM.


What is Super Multiple Option?


Are Super Multiple Option orders available on all exchanges?


Are all contracts eligible for it?


What are the contracts available under Super Multiple Option?


What happens if the market moves up or downward?


What is the maximum allowed quantity?


Are there additional fees for Super Multiple Option?


Is there a limit to exposure under this type of order?


How is exposure calculated?


What happens if I don't agree to my position by 3:20 PM?


How do I get rid of an open Super Multiple Option position?


Can I change a square off order that Market has placed previously at a limit?


If I subscribe to FIT/TFP, will brokerage be charged?


What is a UPIID?


What are the benefits of UPI?


Which customers are eligible for UPI?


When was UPI made available as a payment option for public issues?


When the UPI was made available as a payment option for public issues?


How can I choose UPI to pay for public issues?