UPI Transaction Limit: Limit per Day | Bank-wise Limits with Pictures [2023]

Written by Sravan

Updated on:

Earlier whenever we go out, our Parents used to ask us like,
Did you hold some change?

But, nowadays Parents are asking like
Did you carry your Phone ?

Yeah, It’s true..!!
If you don’t have money, you can’t buy anything.

You went out and ate Pani Puri.
Went to a Salon to cut your Long grown hair.
Shopped for some Groceries outside.!

Now you don’t need to carry any change..!!
“UPI payment option” is truly a game changer. This facility helps in making payments within seconds through UPI on your phone without further need to maintain a heavy purse in your back pocket.

What is UPI Transaction?
The full form of UPI is Unified Payments Interface. It is a real-time payment system that has been developed by the National Payments Corporation of India (NPCI).

Did you Know..!!
How many transactions were made through UPI alone in May 2023..!
It’s 941.5 Crore transactions.

These are just the number of transactions, not the value.
With this, you can understand the UPI Speed. This number keeps on increasing every month.

Let’s see How many Daily transactions can be done through UPI apps of Phonepe, Paytm, Google Pay, and Amazon Pay and How much amount can be transferred per day..!!

As per the current National Payments Corporation of India (NPCI) rules, a person can send daily a Maximum of Rs.1,00,000/- through UPI.

While NPCI has set the Maximum limit, banks have also set their own limits.

In case of the State Bank of India (SBI), you can send a Maximum amount of up to 1,00,000/- per day.
Let’s understand it clearly.

Suppose,
Mr.Raju wants to send the below payments on a single day
1. Rs.50,000/- to Mr. Suresh
2. Rs. 25,000/- to Mahesh on the same day
3. Rs.25,000/- to Ms.Swati on the same day
Can he send all these Payments to them?

Here, Mr.Raju can send Rs.1 Lakh (Rs.50,000 + Rs.25,000 + Rs.25,000) in a single day. The limit clearly mentioned that it’s not the limit of Rs.1 Lakh per person and it’s the limit of Rs.1 Lakh per day. Simply, It is the maximum amount one can send per day of Rs. 1 lakh only.

Click on the below link to Watch it in Telugu

However, each bank has kept separate Limits. Let’s see.

Bank NameMax Daily Limit
Bank of BarodaRs.1,00,000/-
Bank of MaharashtraRs.1,00,000/-
Bhim UPIRs.1,00,000/-
Canara BankRs.25,000/-
Citi bankRs.1,00,000/-
City union bankRs.1,00,000/-
HDFC bankRs.1,00,000/-
ICICI bankRs.25,000/-
State Bank of India (SBI)Rs.1,00,000/-
Union BankRs.1,00,000/-

And also let’s see the UPI transaction limit and also How many transactions can be done per day.

Amazon Pay

Let’s see What is the Transaction limit per day through Amazon Pay UPI…!!

The UPI limit per day through Amazon Pay is a Maximum of Rs.1,00,000/-. That is, if you are registering for the first time in Amazon Pay and it is not even 24 hours, you will be able to transfer up to Rs.5,000 only.

No.of Transactions Limit
Also, if you use Amazon pay UPI, you can do a Maximum of 20 transactions per day only.
Daily Maximum No.of transactions – 20 No’s

Google Pay

Coming to Google Pay, How many transactions per day can be done..!!
In Google Pay, UPI transaction limit per day is a Maximum of Rs.1,00,000/-.

No.of Transactions Limit
Also, if you use Google Pay UPI, you can do a Maximum of 10 transactions per day only.
Daily Maximum No.of transactions – 10 No’s

Phone Pe

Phonepe limit per day is also a Maximum of Rs.1,00,000/-.

It is also to be noted that the above-mentioned limits also depend on which bank account you have linked to your UPI account.
It means that even if you have a daily limit of Rs.1 Lakh through Phone Pay if you connect UPI through a Canara Bank account, the Maximum amount you can transfer through Phone Pay is Rs.25,000/- per day only.

No.of Transactions Limit
That means you can make a Maximum of 20 transactions in a day only, here as you have Rs.1,00,000/- limit, you can’t make more than 20 UPI payments in a day. If that daily limit is exhausted, then you have to wait till the next day to make the payment.
Daily Maximum no.of transactions – 20 No’s

PayTM

How much is the UPI transaction limit per day through PayTm..!!
The Maximum amount you can transfer through Paytm is that you can also transfer up to a maximum of Rs.1,00,000/- per day.

And also a maximum amount of Rs.20,000/- can be transferred through Paytm in one hour.

No.of Transactions Limit
How many transactions can be done in a Maximum of one hour i.e. a Maximum of 5 transactions can be done and a Maximum of 20 transactions can be done through Paytm in one day.

Can I pay Rs.3,00,000/- per day through UPI..!!
As per NPCI guidelines, the maximum per person can send up to 1 lakh only per day through UPI. Therefore, It is not possible to send Rs.3,00,000/- on the same day.

Thanks for Reading 🙂

Author is a Qualified CMA with rich industry experience for more than 6 years. He is an All India Ranker (AIR-101) in CMA and also a Semi-Qualified Chartered Accountant having a quite good experience in teaching the subjects of Accounting and Costing to the commerce aspirants.

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