UPI facilitates instantaneous transactions between personal accounts, banking institutions, and merchant accounts through mobile devices. Additionally, it supports bank-to-bank transfers, thereby simplifying online payments. UPI is the most preferred payment system in India and now, there is UPI New Update announced by the NPCI. The Prepaid Payment Instrument (PPI) associated with the Unified Payments Interface (UPI) pertains to digital wallets that allow users to hold funds and perform instantaneous online transactions. You should check the Bank Wise Daily UPI Transaction Limit 2025 and then choose the bank which offers highest limit.
Right now, the government allows users to send 1 lakh per day in daily UPI transactions for standard transactions. But the UPI New Transaction Limit 2025 come with some limitations and exceptions. The specific categories where the expectations are set are capital markets and foreign remittances, where the limit can be higher.
UPI New Update
The Unified Payments Interface has revolutionised digital transactions in India; nonetheless, it is subject to specific transaction limits established by the National Payments Corporation of India and various banking institutions. A common inquiry regarding UPI pertains to the monthly transaction limit. The NPCI, which is regulated by the Reserve Bank of India (RBI) and developed UPI, has set the daily transaction limit at Rs 1 lakh; however, this maximum limit may vary between different banks. According to UPI New Update, all of you will be able to make faster payments (in less than 10 Seconds) and Quicker Refunds will be processed by the NPCI.
Customers of HDFC Bank can utilise UPI services by following the registration guidelines. It is important to note that UPI transactions are subject to specific limits, which, when surpassed, will restrict additional transactions. Continue reading to understand the UPI limit and to facilitate a seamless transaction experience, including different banks’ transaction limits, limit per month and many other things.
UPI New Transaction Limit 2025
| UPI New Transaction Limit 2025 | Rupees 1 lakh per day |
| Exceptions In UPI New Transaction Limit 2025 | There is a different daily limit of ₹200,000 set for capital markets, insurance, collections, and foreign inward remittances. Additionally, ₹500,000 is designated for tax payments, educational institution fees, IPO applications, and payments related to the RBI’s retail direct schemes. |
| Bank of Baroda | No set limit |
| State Bank Of India | Rs. 1,00,000 UPI daily limit and transaction limit. |
| Punjab National Bank | Rs. 50,000 UPI daily limit and transaction limit |
| Canara Bank | Rs. 1,00,000 UPI daily limit and transactions limit |
| Union Bank of India | Rs. 2,00,000 UPI daily limit and transactions limit |
| ICICI Bank | Rs. 10,000 to 25,000 for Gpay Users. |
| IDFC Bank | Rs. 1,00,000 UPI daily limit and transactions limit |
| Category | Finance |
| Resources | https://www.npci.org.in/ |
New UPI Transaction Limit Per Day In May 2025
Right now, the government authority called NPCI has set a limit per day. The daily cap limit to send per day is Rupees 1 lakh. For UPI 123Pay, the limit per transaction is ₹10,000, and users are permitted a maximum of 20 UPI transactions each day. In certain cases, a New UPI Transaction Limit Per Day In May 2025 of ₹5 lakh may apply. Specific instances include tax obligations, payments made to educational establishments, hospitals, and applications for Initial Public Offerings.
It is essential to recognise that the UPI transfer limits may differ among banks, with some institutions providing daily transfer limits that range from ₹25,000 to ₹1 lakh. Furthermore, some banks might establish weekly or monthly limits rather than daily ones.
Beginning in April 2024, the daily cap for UPI transactions in sectors including capital markets, foreign remittances, and insurance will be established at ₹2 lakh. However, for verified merchants operating in the education and healthcare sectors, this limit is increased to ₹5 lakh per day.
Bank Wise Monthly UPI Transaction Limit 2025
Several public and private sector banks have implemented a monthly limit on UPI transactions, which varies from one bank to another. For instance, IDFC Bank allows a maximum of ₹30,00,000 in UPI transactions each month.
When UPI transactions are conducted via PPIS, like digital wallets, interchange fees will apply. These fees, linked to card payments, are levied to offset the costs of processing, accepting, and authorising transactions. This fee resembles the merchant discount rate that applies to credit card transactions.
| Indian Bank Name | Bank Wise Daily UPI Transaction Limit 2025 | Bank Wise Monthly UPI Transaction Limit 2025 |
| State Bank Of India | Rs. 1,00,000/day | Rs. 1,00,000/day |
| Punjab National Bank | Rs. 50,000/day | Rs. 50,000/day |
| Canara Bank | Rs. 1,00,000/day | Rs. 1,00,000/day |
| Bank Of India | Rs. 1,00,000/day | Rs. 1,00,000/day |
| Central Bank Of India | Rs. 1,00,000/day | Rs. 1,00,000/day |
| Union Bank Of India | Rs. 2,00,000/day | Rs. 2,00,000/day |
| Axis Bank | Rs. 1,00,000/day | Rs. 1,00,000/day |
| IDFC | Rs. 1,00,000/day | Rs. 1,00,000/day |
| Kotak Mahindra Bank | Rs. 1,00,000/day | Rs. 1,00,000/day |
UPI Transaction Charges
According to the National Payments Corporation of India (NPCI), there are no UPI Transaction Charges associated with personal UPI payments, irrespective of the transaction amount. Whether you are purchasing groceries, transferring funds to friends, or conducting any other personal financial activities, UPI is entirely free for individual users.
Peer-to-Peer UPI Payments: These transactions involve UPI transfers among individuals, enabling users to effortlessly transfer funds directly to friends or family. For instance, one can share the cost of a bill with a companion or send money as a present without facing any fees.
UPI Payments from Peer to Merchant: This relates to transactions carried out directly from a bank account to a vendor. When acquiring goods or services from a retail establishment or via an online transaction utilising UPI, the payment is processed directly, resulting in swift and smooth transactions. This method is particularly favoured by small enterprises that accept UPI payments.
Frequently Asked Questions On UPI New Update
How much does the government set the daily cap on UPI transactions?
The existing cap for UPI transactions is set at ₹1 lakh per day, as determined by the NPCI.
How many times can I extract UPI money for Gpay?
The daily limit for transactions using GPay is established at ₹1 lakh for standard transactions.
What are the latest regulations regarding UPI payments?
This new framework will implement Transaction Credit Confirmation (TCC) to automatically accept or decline chargebacks, thereby minimising the need for manual processing and delays.
Are there any charges related to the utilisation of HDFC UPI?
There are no charges related to the utilisation of HDFC UPI, including for bill payments.