UPI Transaction Limits Hikes: Now you can transact this much amount in 24 hours, check details
NPCI has given a big update regarding UPI limit. After which the limit has been increased to Rs 10 lakh for some transactions. The trend of online payment through UPI has increased a lot across the country, in such a situation this news is very important.
UPI Transaction Limits Hikes: Usually when we send money through UPI, there is a limit of Rs 1 lakh. But now from September 15, 2025, this limit has been increased significantly for certain transactions. NPCI has announced this change, due to which now up to Rs 10 lakh can be paid in 24 hours in transactions like paying tax, paying insurance premium, paying loan EMI, investing in the stock market.
Why was this change made?
This year the last date for paying tax is 15 September 2025. Due to this, NPCI has increased the limit of tax related UPI transactions to Rs 5 lakh per transaction and Rs 10 lakh per 24 hours. This will benefit those who want to pay large amounts through UPI, but till now used to stop due to the limit.
On which transactions will the new limit apply?
These changes will apply only to P2M (Person to Merchant) transactions. That is, when you make payment to a verified merchant such as an insurance company, brokerage firm, tax portal or bank etc. At the same time, the limit for P2P (person to person) transactions will still remain Rs 1 lakh per day.
In which categories has the limit increased?
Tax Payment (MCC 9311): Now Rs 5 lakh can be given at a time and Rs 10 lakh in 24 hours through UPI.
Insurance and Capital Market: Earlier the limit was Rs 2 lakh, now it is Rs 5 lakh per transaction and Rs 10 lakh per day.
Loan EMI, B2B Collection: All these also have a limit of Rs 5 lakh per transaction and Rs 10 lakh per 24 hours.
Credit Card Bill Payment: Earlier the limit was Rs 2 lakh, now there will be a daily limit of Rs 5 lakh per transaction and Rs 6 lakh.
Foreign Exchange (FX Retail): Per transaction limit of Rs 5 lakh will now be applicable for foreign exchange purchase and sale.
Digital Account and FD: Transaction limit of up to Rs 5 lakh is now allowed for opening digital savings account and making FD.
Will this limit be applicable to all banks?
NPCI has asked to apply this limit to all banks, apps and payment service providers (PSPs). But, banks have also been given the freedom to set some limits themselves according to their internal policies. That is, it is possible that this limit may not be available immediately in any bank, but most banks will implement it from September 15.
What is the limit for IPO?
If you want to bid in IPO (Initial Public Offering) through UPI, then keep in mind that the limit here will still be Rs 5 lakh per transaction. The new limit of Rs 10 lakh will not be applicable for IPO.
Who will benefit from the change?
This change will directly benefit big businessmen and professionals who do tax, insurance or investment through UPI. Also, general consumers who use EMI, FD or digital services will also benefit.
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