UPI or Unified Payments Interface is the most popular digital payment method using which you can transfer funds directly to the beneficiary account by just knowing their mobile number linked to their bank account. But of course, there must a limit of transactions in order to provide security. In this article, you will learn What is the limit of UPI transactions Per Day?
The best part is you do not have to visit a bank or log in to Net Banking or mobile banking always. within few seconds you can send money from your account to anyone including yourself as well.
Important Points about UPI transactions
- UPI is based on the IMPS infrastructure which allows you to transfer money instantly from one account to other.
- At Present UPI transfer limit per transaction is Rs.1 Lakh. But it depends on the bank as well. Generally, the bank puts a limit on the UPI transaction from Rs.10,000 to Rs.1 lakh.
- Using BHIM App You can send up to Rs 40,000 per transaction and a maximum of Rs 40,000 per day for one bank account. This limit is available per bank account linked on BHIM.
- UPI is secured and trustable as it is linked to the mobile number registered with the bank and the six-digit OR four digits UPI PIN.
What is UPI transaction limit Per day?
The maximum amount you can transfer using UPI is Rs. 1 Lakh but it varies from bank to bank as well. some bank has a limit of Rs. 25000 and some have Rs.1 Lakh(max.)
Transaction limit per day = Rs.1 Lakh
Maximum Number of transactions per day = 20
you can transfer up to Rs. 1 Lakh in a day to any other bank account. In case if you transfer to multiple accounts limit will be the same as Rs. 1 lakh and the number of times will be a maximum of 20.
In short, you can do 20 transactions in a day but the total amount should be equal to or less than 1 lakh.
UPI Per transactions and per day limit for Banks
You can find below UPI daily limit and transaction limit for some popular banks.
| Bank Name | UPI limit Per Transaction | UPI Daily Limit |
|---|---|---|
| SBI | Rs. 1 Lakh | Rs. 1 Lakh |
| HDFC | Rs. 1 Lakh ( 5000 for new customers) | Rs. 1 Lakh |
| Bank of India(BOI) | Rs. 10000 Per transaction | Rs. 1 Lakh |
| ICICI Bank | Rs. 1 Lakh | Rs. 1 Lakh |
| Kotak Mahindra Bank | Rs. 1 Lakh | Rs. 1 Lakh |
| Axis Bank | Rs. 1 Lakh | Rs. 1 Lakh |
| Canara Bank | Rs. 10000 | Rs. 25000 |
| Central Bank of India | Rs. 25000 | Rs. 50000 |
| Yes Bank | Rs. 1 Lakh | Rs. 1 Lakh |
| Punjab Nation Bank (PNB) | Rs. 25000 | Rs. 50000 |
| IndusInd Bank | Rs. 1 Lakh | Rs. 1 Lakh |
| Indian Overseas Bank | Rs. 10000 | Rs. 20000 |
| Federal Bank | Rs. 1 Lakh | Rs. 1 Lakh |
| Bank of Maharashtra | Rs. 1 Lakh | Rs. 1 Lakh |
| Ujjivan Small Finance Bank | Rs. 50,000 | Rs. 1 Lakh |
| Andhra Bank | Rs. 1 Lakh | Rs. 1 Lakh |
After reaching your limit of Rs. 1 lakh you will get a message saying you have reached the limit set by your bank for UPI. Bank can not increase your UPI limit as it is set by the NPCI. you need to wait for 24 hours.
If you need to transfer more than 1 lakh in a day
Now, we know that we have a limit in UPI transactions per day but in case you need to transfer more than 1 lakh in a day follow the below methods.
Transfer through IMPS
You can use this payment method to transfer more than 1 lakh. If you have access to the Internet or Mobile banking you can do it easily. There is also no daily limit.
Transfer through NEFT/RTGS
You can use this feature to transfer the amount of more than 1 lakh. If you do not have access to the Internet or mobile banking you can visit your nearest bank branch, fill the form and submit it to the bank officials.
After executing transaction you will get a message as well to your registered mobile number.
Conclusion
In this article, you have learned What is the limit of UPI transactions Per Day? Also how you can use other methods if you want to transfer more than 1 lakh.
If you have Still any doubts/questions? Don’t hesitate to ask in the below comment section. I will be happy to help you.
FAQs
No, All payments are instant and 24/7, irrespective of your bank’s working hours.
Raise your complaint or check the status of the UPI transaction through the UPI App of the respective bank.
You can call BHIM Toll Free number 18001201740 for any queries or complaints.
BHIM UPI User can make only 10 transactions per day and the total of these transactions should not exceed Rs. 40,000.
It means the BHIM UPI App has a limit of Rs. 40,000 per transaction and Rs. 40,000 per day. If you’re a new user, you can do transactions up to Rs. 5000 for the first 24 hours.
No, the bank can not increase the UPI transaction limit of 1 lakh per day as it is decided by NPCI.
Rs.1 Lakh per day across all UPI apps.
