Undergoing modifications in UPI services commence on September 15: Here's a rundown of the alterations
The National Payments Corporation of India (NPCI) has announced an increase in the transaction limits for Unified Payments Interface (UPI) starting from September 15, 2025. This move aims to enhance the convenience and flexibility of digital transactions for users.
The daily limit for Person-to-Person (P2P) transfers, such as sending money to family or friends, remains unchanged at Rs 1 lakh per day. However, the new rules will apply to Person-to-Merchant (P2M) transactions such as paying insurance premiums, loan EMIs, or investing in markets.
One of the significant changes is the doubling of the limit for jewellery transactions via UPI. The new limit stands at Rs 2 lakh per transaction, with a daily cap of Rs 6 lakh. The limit for credit card bill payments will be raised to Rs 5 lakh in one go, though the daily limit will be capped at Rs 6 lakh.
In the realm of investments and insurance, the transaction limit will be raised from Rs 2 lakh to Rs 5 lakh per payment, with a maximum of Rs 10 lakh in 24 hours. This change applies to capital market investments and insurance premiums.
The limit for loan and EMI collections will also be increased to Rs 5 lakh per transaction, with a daily maximum of Rs 10 lakh. Term deposits (digital onboarding) via UPI have also seen an increase, with the limit raised to Rs 5 lakh per transaction, up from Rs 2 lakh.
Foreign exchange payments via BBPS are now permitted up to Rs 5 lakh per transaction, capped at Rs 5 lakh daily. The revised cap for government e-marketplace and tax payments will be Rs 5 lakh per transaction, up from Rs 1 lakh.
Lastly, the limit for travel bookings will be increased from Rs 1 lakh to Rs 5 lakh per transaction, with a daily cap of Rs 10 lakh. The daily limit for Person-to-Person (P2P) transfers, like sending money to family or friends, remains unchanged at Rs 1 lakh per day.
The account opening limit via UPI remains unchanged at Rs 2 lakh. These changes are expected to provide a more seamless and efficient digital payment experience for users across various transactions.
