Archive · 15 Sep 2025
UPI Payment Limits Increased for High-Value Transactions
Imagine using your phone to pay for bigger purchases!
Starting Monday, you can use UPI to pay up to ₹10 lakh each day to businesses, like buying insurance or paying for investments.
Some payments, like buying jewelry, have higher limits now.
You can also use it for paying large credit card bills or booking tickets.
But the limit for sending money to people stays the same, at ₹1 lakh.
UPI daily transaction limits are now up to ₹10 lakh for P2M transactions.
P2P transaction limits remain unchanged at ₹1 lakh.
Limits increased for capital markets, insurance, and other categories.
Individual transaction limits also increased based on the type of payment.
The changes aim to streamline high-value transactions.
- Who
- Users, UPI System, Merchants
- What
- Increased UPI transaction limits
- When
- Effective Monday
- Where
- Across various categories
- Why
- To facilitate high-value transactions
Beneficial Impacts
Potential Risks
Convenience & Efficiency
Beneficial Impacts
Streamlined payments for large transactions, eliminating the need for multiple transfers and offering enhanced ease of use.
Potential Risks
Increased limits may make fraud more appealing. Greater exposure of users to potential risk.
Financial Inclusion
Beneficial Impacts
Greater access for more merchants and users
Potential Risks
Increase in the potential for the user's financial loss.
- Transaction Type
- Person to Merchant (P2M)
- Daily Limit (P2M)
- Up to ₹10 lakh
- Person-to-Person (P2P) Limit
- ₹1 lakh (unchanged)
- Capital Market/Insurance Limit
- ₹5 lakh per transaction, ₹10 lakh daily
- Jewellery Purchase Limit
- ₹2 lakh per transaction, ₹6 lakh daily
- Credit Card Bill/Travel Ticket Limit
- ₹5 lakh per transaction, ₹6 lakh daily
- Loan/EMI Collection Limit
- ₹5 lakh per transaction, ₹10 lakh daily