UPI Payment Limit: Now you can make payment of ₹10 lakhs every day through PhonePe-Gpay! Know who will benefit the most..
UPI Payment Limit: There is great news for crores of users who make digital payments. National Payments Corporation of India (NPCI) has announced an increase in the limit of UPI transactions. Now up to Rs 10 lakh can be paid in a day in categories like insurance, capital market, loan EMI, and travel. These changes will come into effect from 15 September 2025.
No change in person-to-person
It is worth noting that these changes will apply only to person-to-merchant (P2M) payments. That is, the new limit will apply to making payments to merchants or institutions. At the same time, the limit for person-to-person (P2P), i.e., sending money from one person to another, will remain the same as before - Rs 1 lakh per day.
How many limits will there be in which categories?
NPCI has made major changes in 11 categories while increasing the limits of UPI.
Category New limit per transaction
Total limit for 24 hours
Capital Market (Investment) ₹5 lakh ₹10 lakh
Insurance ₹5 lakh ₹10 lakh
Government e-Marketplace (EMD) ₹5 lakh ₹10 lakh
Travel ₹5 lakh ₹10 lakh
Credit card payment ₹5 lakh ₹6 lakh
Collections ₹5 lakh ₹10 lakh
Jewellery ₹2 lakh ₹6 lakh
Business/Merchant ₹5 lakh —
Forex Payment (BBPS) ₹5 lakh ₹5 lakh
Digital Account Opening ₹5 lakh ₹5 lakh
Digital Account Opening (Initial Funding) ₹2 lakh ₹2 lakh
Big benefit in insurance and investment
Earlier, the limit for insurance premium and capital market investment was only ₹ 2 lakh. Now it has been increased to ₹ 5 lakh per transaction and ₹ 10 lakh per day. This will make it easier for customers to make big premiums or high-value investments.
Travel and government payments
Now up to ₹ 5 lakh can be paid in one go in the travel sector, whereas earlier the limit was only ₹ 1 lakh. Similarly, the new limit for government e-marketplace and tax payments will also be ₹ 5 lakh per transaction and ₹ 10 lakh per day.
Credit card bill and jewellery
The new limit for credit card bill payment is ₹ 5 lakh per transaction, while a maximum of ₹ 6 lakh can be paid in 24 hours. The limit for buying jewellery has also been increased to ₹ 2 lakh per transaction and ₹ 6 lakh per day.
IPO and other payments
If you want to invest in IPO, keep in mind that the limit will remain the same here - ₹ 5 lakh per transaction. The new limit of 10 lakh will not apply to IPO. Also, a limit of ₹ 5 lakh has now been fixed for digital account opening and forex payments.
Will there be any additional charge?
NPCI has clarified that when the new limits are implemented, customers will not have to pay any extra charge. That is, large amounts can also be paid without any additional fee.
What will be the benefits of the new limit?
Large insurance premiums and loan EMIs can be paid in one go.
Payment of stock market investments and government fees will be easy.
Expensive travel bookings and jewelry purchases can now be done directly through UPI.
Users will not have the problem of making payments in small parts.
Disclaimer: This content has been sourced and edited from Zee Business. While we have made modifications for clarity and presentation, the original content belongs to its respective authors and website. We do not claim ownership of the content.
