UPI transaction Daily limit fixed: Big News! UPI transaction money daily limit fix by PhonePe, Gpay, Amazon Pay, Paytm, check here new limit

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UPI transaction Daily limit fixed: Big News! UPI transaction money daily limit fix by PhonePe, Gpay, Amazon Pay, Paytm, check here new limit


UPI Transaction Limit: In the era of digital cash, now people prefer to do online transactions instead of cash. Online transactions are increasing rapidly in countries. There are many people who pay through UPI as well.

Transaction limit

According to NPCI guidelines, you can do transactions up to Rs 1 lakh in a day through UPI. This limit may vary from bank to bank. The daily limit in Canara Bank is only Rs 25,000 while in SBI the daily limit is Rs 1 lakh. Along with the money transfer limit, there is also a limit on the number of UPI transfers that can be done in a day. 

The daily UPI transfer limit has been set at 20 transactions. After the limit is over, one has to wait for 24 hours to renew the limit. However, different UPI apps have different limits. Let’s check now through which app how many transactions you can do every day.

Amazon Pay

Amazon Pay has fixed the maximum limit for making payments through UPI at Rs 1 lakh. After registering on Amazon Pay UPI, users can transact only up to Rs 5000 in the first 24 hours. On the other hand, depending on the bank, the number of transactions per day has been fixed at 20.

PhonePe

PhonePe has also fixed the maximum amount limit of Rs 1 lakh in a day through UPI. Wherein now one can do a maximum of 10 or 20 transactions in a day through this app. PhonePe has not fixed any hourly transaction limit.

Google Pay

With Google Pay or Gpay, Indian users can make payments of up to 1 lakh through UPI throughout the day. However, you can do only 10 transactions in a day. That is, you can complete 10 transactions of a maximum of 10-10 thousand in a day. However, Google Pay has not fixed any hourly transaction limit.

Paytm

Through Paytm UPI, you can transfer only Rs 1 lakh in a day. On the other hand, now you can transfer only Rs 20,000 from Paytm in an hour. Through this app, you can do 5 transactions in an hour and only 20 transactions in a day.

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