UPI Transaction Limits

Banking

UPI (Unified Payments Interface) has per-transaction and daily limits set by NPCI and individual banks. Standard UPI limit is Rs 1 lakh per transaction. Higher limits (Rs 2-5 lakh) are available for specific use cases like healthcare, education, and IPO applications.

In detail

UPI transaction limits (2024):nStandard: Rs 1 lakh per transaction, varies by banknHealthcare/education: Rs 2 lakhnIPO applications: Rs 5 lakhnRBI-specified high-value: up to Rs 5 lakh for certain use casesnnBank-specific limits may be lower. SBI UPI: Rs 1L per day. HDFC UPI: Rs 1L per transaction, Rs 1L/day. Check your bank app for current limits.nnUPI ID (VPA - Virtual Payment Address): yourname@bankcode format. Can have multiple UPIs linked to same account.nnUPI 123PAY: for feature phones without internet -- IVR-based payments up to Rs 5,000/transaction.

Real-life example

🇮🇳 India example

Priya needs to pay Rs 1.8L school fee via UPI. Standard UPI limit Rs 1L. She makes two transfers: Rs 1L and Rs 80K on the same day (total within bank daily limit). Alternatively: use IMPS for Rs 1.8L in single transaction (higher limits on IMPS). For amounts above Rs 5L: RTGS mandatory.

Frequently asked questions

Is there a charge for UPI payments? ▼

No charge for person-to-person UPI transfers. For merchant payments: merchant may bear a small MDR (Merchant Discount Rate), not passed to customer. UPI is free for consumers -- one of India's greatest financial inclusion achievements. No hidden charges, no monthly fee, no minimum transaction.