Do Not Worry About Your UPI Daily Limit, Here is Know How to Increase Transaction Limit

The rapidly increasing use of digital payment systems has made everyday life much easier. Whether paying rent, paying school fees, booking tickets, or shopping online, most people now prefer digital means. However, sometimes when attempting to send large amounts, a message stating that the limit has been exceeded appears. Therefore, it becomes important to understand how the daily limit for digital transactions works and under what circumstances it can be increased.

What is the UPI transaction limit?

Generally, most banks set a daily transaction limit of approximately ₹1 lakh. This limit resets every 24 hours. This limit is determined at various levels, with the National Payments Corporation of India’s regulations playing a key role. Furthermore, the bank’s own security policies and sometimes the payment app’s system also play a role in setting the limit.

When does the UPI transaction limit increase?

Higher limits are available for certain types of payments. For example, for IPO applications, tax payments, hospital or education-related payments, and certain government transactions, the limit can range from ₹2 lakh to ₹5 lakh or even more. However, this feature is only available if the respective bank allows a higher limit for that category.

When does the UPI transaction limit decrease?

If a new bank account has been recently linked, a mobile phone has been changed, or a digital payment service is being used for the first time, a lower limit may be applied initially for security reasons. In many cases, incomplete KYC also causes the limit to be reduced. It is important to understand that the limit is linked to the bank account, not to a single app. This means that even if the same bank account is used on different platforms like Google Pay, PhonePe, and Paytm, the total limit remains the same.

How to Increase the UPI Transaction Limit

First, it is important to check with your bank about the current limit.
If KYC is incomplete, it is necessary to complete it.
Sometimes, if the transaction falls into a specific category, the bank may allow a higher limit.
If the bank is unable to increase the limit, large payments can be made on different days or using net banking and other banking options.
The correct use of digital payments is essential

Digital payments are convenient and fast, but they are not the best option in every situation. It is important to know the limits before transferring large amounts to avoid any problems during the transaction. With the right information and coordination with the bank, digital payments can be made more secure and convenient.