Is there any limit on transactions performed through UPI ID? (OR) What is the minimum and maximum limit of money transfer and number of transactions through UPI?
If you are registering for UPI services for the first time or performing device binding after changing your SIM or device, the limits applicable within 24 hrs of the 1st transaction are:
Within 24 Hours of performing 1st UPI Transaction
Details | Limit | Send | Receive |
Amount Limit | Minimum Transaction Amount | Rs. 1 | Rs. 1 |
Amount Limit | Maximum Transaction Amount | Rs.5000 | Rs.5000 |
No of Transactions limit | Minimum Number of Transaction per day(irrespective of the number of Banks linked to your UPI ID) | No limit | No limit |
No of Transactions limit | Maximum Number of Transaction per day (irrespective of the number of Banks linked to your UPI ID) | 5 | 5 |
If you are an existing UPI user and have already performed device binding, the limits after 24 hours of performing the 1st UPI transaction are:
After 24 Hours of performing 1st UPI Transaction
Details | Limit | Send P2P | Send P2M | Receive |
Amount Limit | Minimum Transaction Amount | Rs. 1 | Rs. 1 | Rs. 1 |
Amount Limit | Maximum Transaction Amount | Rs. 5000 | Rs. 1 Lakh | Rs. 1 Lakh |
No of Transactions limit | Minimum Number of Transaction per day (irrespective of the number of Banks linked to your UPI ID) | No limit | No limit | No limit |
No of Transactions limit | Maximum Number of Transaction per day(irrespective of the number of Banks linked to your UPI ID) | 5 | No limit | 5 |
