UPI transaction Daily limit fixed. PhonePe, Gpay, Amazon Pay, and Paytm have set a daily limit for UPI transactions. Check the new limit here.

As digital cash becomes more prevalent, more people are opting for online transactions over cash. The use of online transactions is on the rise in many countries, with many individuals choosing to pay through UPI.

If you use UPI for payments, it's important to know that your bank has a transaction limit. This means that you can only send or receive a certain amount of money through the UPI app each day. Each bank has its own daily limit for UPI transactions. 

Additionally, different banks also have different limits for the amount of money that can be sent or received in a single transaction. However, you will not be charged extra for making payments through these apps.

Transaction limit:

The National Payments Corporation of India (NPCI) has set a limit of transactions up to Rs 1 lakh per day for UPI users. However, this limit may vary between banks, with Canara Bank having a limit of Rs 25,000 and SBI having a limit of Rs 1 lakh. 

Additionally, there is a limit of 20 daily UPI transfers. Once the limit is reached, users must wait 24 hours before being able to renew it. It's worth noting that different UPI apps may have different transaction limits.

Amazon Pay:

Amazon Pay has set a cap of Rs 1 lakh for UPI payments made through its platform. New users who have registered for Amazon Pay UPI will have a limit of Rs 5,000 for transactions within the first 24 hours. Additionally, the number of transactions per day is determined by the user's bank and is set at 20.

Google Pay:

Google Pay, also known as Gpay, allows Indian users to make payments up to INR 100,000 using UPI throughout the day. However, there is a daily transaction limit of 10, with a maximum amount of INR 10,000 per transaction. Google Pay does not have any hourly transaction limit.

PhonePe:

PhonePe has established a maximum daily limit of Rs 1 lakh for transactions made through UPI on the app. However, users can still make up to 10 or 20 transactions per day on PhonePe. There is currently no hourly transaction limit set by the platform.

Paytm:

With Paytm UPI, you can transfer a maximum of Rs 1 lakh per day, and only Rs 20,000 per hour. Additionally, you can make a maximum of 5 transactions per hour and 20 transactions per day using the app.