National Payments Corporation of India (NPCI) has set limits on daily money transfers through UPI and the number of transactions per day across online payment apps like Paytm, PhonePe, and others. Check all details here.
Important points for UPI transaction limit per day:
- NPCI set a limit to daily UPI transactions.
- The money and UPI transaction limit per day are also different across banks.
- Paytm, PhonePe, GPay and other online payment apps will freeze money transfers if users exceed the daily transfer limit.
Did you reach your UPI limit for daily transactions, but were your transaction funds below the set transfer limit? National Payments Corporation of India (NPCI) introduced the Unified Payments Interface (UPI) several years ago. and This real-time, instant payment system has changed our lives a lot. From buying vegetables from street vendors to sending money to friends and family, UPI makes bank-to-bank money transfers easy and secure. However, due to accessibility considerations, the government has imposed restrictions on daily movement.
UPI transaction limit per day:
According to NPCI guidelines, you can make a maximum payment of Rs 100,000 per day via UPI. The limit varies from bank to bank, as smaller banks like Canara Bank only allow Rs 25,000 while larger banks like SBI UPI transaction limit per day at Rs 1,00,000.
In addition to the transfer limit, there is also a limit on the number of UPI transfers that can be made in a day. His UPI transaction limit per day is set at 20 transactions. After exceeding the limit, you must wait 24 hours to update the limit. However, the limits may vary depending on your bank’s policy.
Let’s take a quick look at his UPI transaction limit per day with UPI payment processors such as GPay, PhonePe.
GPay UPI transaction limit per day:
Google Pay or GPay allows UPI transaction limit per day up to Rs 10,00,000 and a total transaction limit of up to 10 for all UPI apps and bank accounts. Notably, GPay will also suspend the daily transaction limit if someone submits a remittance request over his Rs 2,000.
PhonePe UPI transaction limit per day
PhonePe has set UPI transaction limit per day of Rs 1,00,000. However, the limit may vary from bank to bank. Additionally, you can initiate up to 10 or 20 transactions per day via the PhonePe UPI, depending on your bank’s policy.
Similar to GPay, PhonePe also allows money requests up to Rs 2,000 per day.
Paytm UPI transaction limit per day:
Paytm UPI allows users to transfer up to 10 million rupees. However, the app also sets hourly and he daily transfer limits.
- Paytm Daily Transfer Limit – Rs 1,00,000
- Paytm Hourly Transfer Limit – Rs 20,000
- Paytm Transactions per Hour – 5
- Paytm Transactions per Day- 20
Amazon Pay UPI transaction limit per day:
Amazon Pay also sets a limit of Rs 1,00,000 for transfers via UPI. Specifically, a user can only make transactions of up to INR 5,000 in his first 24 hours after registering for his Amazon Pay UPI. Some banks limit the number of transactions per day to 20.
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