Maximum Limit on UPI Money Transactions in a Day

The maximum limit on UPI transactions is 100,000 in a day, but it varies in some bank savings accounts. Know about the Limit on UPI Transactions.

Thanks to innovations in the world of technology, you no longer have to worry about carrying cash when out and about. Nowadays, you can transfer money instantly, regardless of your current location.  One notable way to go about this is by using the Unified Payments Interface (UPI).  This digital payment system developed by the NPCI ensures you can transfer funds instantly between two banks through a mobile platform.

Limit on UPI Transaction

To make the transfer, you need to have a unique VPA (Virtual Private Address). Since the UPI is linked to your registered mobile number with the bank along with the UPI pin, you can rest assured that the payments are more secure and reliable. But what is the UPI transaction limit per day?

UPI Money Transactions in a Day

  • Well, you are allowed to transfer a total of Rs. 1 lakh per day.
  • Furthermore, you can perform 10 transactions in a day, although the total amount should not exceed Rs. 1 lakh.
  • Even though each UPI transaction has a cap of Rs 1 lakh, the upper limits tend to vary from bank to bank.
  • That’s why you must check with your bank to determine your UPI transaction limit.
  • When relying on SBI, HDFC Bank, or ICICI Bank, you’ll have to make do with a limit of 1 lakh per transaction.  
  • Things tend to be different with Kotak Mahindra Bank, Central Bank, and IDFC First Bank since account holders are allowed a limit of ₹ 25,000 per transaction.
  • Keep in mind that the limit is set as per your account type.
Limit on UPI Transaction
UPI Transaction

Under the NPCI limit, banks are allowed to set their own limits. This action is aimed at making sure they give their customers the protection they badly desire. No wonder some banks have exercised their authority and put a lower cap on their customers. Ensure you check your per transaction Limit on UPI transactions before you can finally do anything.