The September 2020 security update for Redmi K30 Ultra comes with the build number V12.0.12.0.QJNCNXM  and cost 211MB to download the package. You should get a notification for the update or check it manually by heading to Settings -> About phone -> System update. You can also use the download update using the link given below, and manually install it. Redmi K30 Ultra – V12.0.12.0.QJNCNXM – Download Link

Xiaomi Redmi K30 Ultra update changelog:

System:

Update Google security patch (2020/09) to improve system security

Other optimizations 

Optimize Wi-Fi connection Optimize hotspot connection Fix the problem that the low probability charging icon does not display Fix the problem of WLAN Redmi K30 Ultra is receving September 2020 security patch  fixes WLAN issue and more - 28