Explained: Different UPI Transaction limit of different banks.

Noble Horvath

A unified payment interface is a medium that allows us to transfer money from several bank accounts via a mobile application. UPI employs an Immediate Payment System and Aadhar Enabled Payment System so that you can vendor payments, fund transfers, and utilize various banking features. Dr Raghuram Rajan, former RBI […]

A unified payment interface is a medium that allows us to transfer money from several bank accounts via a mobile application. UPI employs an Immediate Payment System and Aadhar Enabled Payment System so that you can vendor payments, fund transfers, and utilize various banking features.

Dr Raghuram Rajan, former RBI Governor, implemented UPI on April 11, 2016, in 21 banks. But now it has extended to all Indian banks.

But we remind you that every bank has a different transaction limit for transferring money. Do not worry about it. In this article, we cover the different UPI transaction limits per day, and per transaction for different banks.

Who are the participants in UPI?

  • NPCI
  • Merchants
  • Payee Bank
  • Remitter Bank
  • Beneficiary Bank
  • Bank Account Holders
  • Payer Payment Service Provider

Different UPI Transaction Limit of Different Banks

According to the National Payment Corporation of India:

  • The general UPI transaction limit per day was one lacs but now 2 lakhs
  • The number of UPI transaction limits per day was twenty but now ten.
  • There is no provision to use UPI for international transactions in India

The upper limit of UPI transactions varies from bank to bank. But we can say that the upper limit could be ten thousand to one lacs.

Here is the list of UPI transaction limits set by popular banks as per the data of the NPCI.

Bank Name Bank Type UPI Per Transaction Limit (Rs) UPI Transaction Limit Per Day (Rs)
SBI Public Sector 100000 100000
HDFC Bank Private Sector 100000 100000
Axis Bank Private Sector 100000 100000
ICICI Bank Private Sector 10000 10000
Bandhan Bank Private 100000 100000
Bank of Baroda Public Sector 25000 Not set
Canara Bank Public Sector 10000 25000
City Union Bank Private 100000 100000
Allahabad Bank Public Sector 20000 100000
DBS Digi Bank Foreign Bank 100000 100000
DCB Bank Private 5000 5000
Dena Bank Public Sector Bank 100000 100000
Dhanlaxmi Bank Ltd Private 100000 100000
Cooperation Bank Public Sector 50000 100000
Federal Bank Private 100000 100000
HSBC Foreign 100000 100000
IDBI Bank Public Sector 25000 50000
IDFC Bank Private 100000 100000
India Post Payment Bank Payment Bank 25000 50000
Indian Bank Public Sector 100000 100000
Indian Overseas Bank Public Sector 10000 20000
IndusInd Bank Private 100000 100000
Jammu & Kashmir Bank Private 20000 20000
Andhra Bank Public Sector 100000 100000
Karnataka Bank Private 100000 200000
Jio Payment Bank Payment Bank 100000 100000
Karur Vysya Bank Private 100000 100000
Kotak Mahindra Bank Private 100000 100000
Maharashtra Cooperative Bank Cooperative 5000 50000
Syndicate Bank Public Sector 100000 100000
Oriental Bank of Commerce Public Sector 100000 100000
Punjab and Maharashtra Cooperative Bank Cooperative 100000 100000
Punjab and Sind Bank Public Sector 10000 10000
Punjab National Bank Public Sector 25000 50000
South Indian Bank Private 100000 100000
Tamil Nadu Mercantile Bank Private 20000 100000
Nainital Bank Private 20000 40000
UCO Bank Public Sector 100000 100000
Union Bank of India Public Sector 100000 200000
United Bank of India Public Sector 25000 60000
Ujjivan Small Finance Bank Small Finance Bank 50000 100000
Yes Bank Private 100000 100000
Vijaya Bank Public Sector 25000 50000
Standard Chartered Bank Foreign Bank 100000 100000
Central Bank of India Public Sector 25000 50000
Bank of India Public Sector 100000 100000
Bank of Maharashtra Public Sector 100000 100000

Read more to know about the UPI Transaction limit per day of different payment apps.

Conclusion

UPI has made digital payment highly simple and convenient. Now you need only a mobile number or virtual identity to transact money. Knowing the UPI transaction limit set by your bank is important as it helps you to do successful transactions without any errors. You can also plan payments and transactions accordingly so that you do have to face a hassle all of a sudden.

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