UPI User: UPI transaction money daily limit fix by PhonePe, Google pay, Amazon Pay, Paytm, check here new limit.
UPI Exchange Limit: In the time of digital cash, presently people like to do online exchanges rather than cash. Online transaction are expanding quickly in nations. There are many people who pay through UPI as well.
In the event that you additionally pay through UPI, this news is extremely valuable for you. Do you have any idea that your bank sets an transaction limit for you? You can make payments through the UPI app only up to a limit. Each bank has fixed a daily limit for UPI exchanges. This means that you can send or get cash up to a specific amount of money in a day.
Apart from this, how much cash can be sent or received through UPI at one go. Various banks have various limits on this too points. However, there is no need to pay any extra charge for paying somebody from these payment applications.
Transaction Limit
As per NPCI rules, you can do transaction up to Rs 1 lakh in a day through UPI. This limit might shift from one bank to another. The day as far as possible in Canara Bank is just Rs 25,000 while in SBI the day as far as possible is Rs 1 lakh. Alongside the cash transaction limit, there is likewise a limit on the quantity of UPI moves that should be possible in a day.
The daily UPI transaction limit has been set at 20 transaction. 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 much transaction you can do every day.
Amazon Pay
Amazon Pay has fixed the most extreme cutoff for making installments through UPI at Rs 1 lakh. After registration Amazon Pay UPI, clients can execute simply up to Rs 5000 in the first 24 hours. Then again, contingent upon the bank, the quantity of exchanges each day has been fixed at 20.
Paytm
Through Paytm UPI, you can transfer just Rs 1 lakh in a day. Then again, presently you can move just Rs 20,000 from Paytm in 1 hour. Through this application, you can complete 5 transaction in an hour and just 20 transaction in a day.
Phone pay
PhonePe has likewise fixed the maximum amount limit of Rs 1 lakh in a day through UPI. Wherein now one can do most extreme 10 or 20 exchanges in a day through this application. PhonePe has not fixed any hourly exchange limit.
Google Pay
With Google Pay , 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 maximum 10-10 thousand in a day. However, Google Pay has not fixed any hourly transaction limit.
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