If you also use Unified Payment Interface (UPI) then there is good news for you. National Payments Corporation of India (NPCI) has increased the UPI transaction limit for certain categories from September 15. Now in some payments, you will be able to send more money at a time than before.
Categories with New UPI Limit
Capital market, insurance, government e-marketplace, travel, credit card bill payment, business/merchant payment, collection – limit increased to ₹5 lakh.
Jewellery purchase and digital account opening (initial funding) – limit set at ₹2 lakh.
Term deposit digital account opening and FX retail (BBPS platform) – limit set at ₹5 lakh.
Who Will Benefit?
If you want to pay a big credit card bill, insurance premium, or buy from a government e-marketplace, now you can pay up to ₹5 lakh at once. Jewellery buyers and people opening digital accounts can also send more money in a single payment.
Bank Guidelines
NPCI said that only verified merchants will get this higher limit. Banks must follow NPCI rules. Banks can also set their own lower limit if they want.
Effective from September 15
All payment apps and service providers must apply this rule by September 15, 2025. After this, sending big amounts through UPI will be easier.
What is UPI?
UPI is a real-time payment system. It lets you send or receive money directly from your bank account 24×7. Every user has a UPI ID (like abc@upi). You can pay using a mobile number, UPI ID, or QR code. No need to remember IFSC or account number. You only need to enter your UPI PIN.
