Are you looking for UPI Transactions Limit set by App and Banks in India?

UPI (Unified Payments Interface) has made money transfer and receiving easier. Use your UPI ID to send or receive money when you don’t have cash.

Payments through UPI have become popular in many scenarios, whether paying for groceries or electricity bills. However, did you know you have limitations on how much and how many transactions you can conduct through it?

UPI allows users to transfer up to Rupee 1 lakh in a single day, according to the National Payments Corporation of India (NPCI).

PhonePe, BHIM App, and banks such as ICICI, HDFC, SBI, PNB, and Bank of Baroda are some popular platforms in UPI transactions. These platforms have different maximums for transferring money.

UPI Transactions limit per day PhonePe:

For PhonePe UPI transactions, the daily limit is Rs 1,00,000. However, the limit may differ for each bank. In addition, depending on the bank’s guidelines, a user is limited to initiating 10 or 20 transactions a day.

UPI Transactions Limit Per day BHIM App:

BHIM allows the transfer of up to rupees 1,00,000 per transaction and up to rupees 1,00,000 per day per bank account linked to the BHIM app. The maximum amount you can request from another person is rupees 2,000, while you can only make 10 transactions a day.

ICICI Bank UPI Limit:

A UPI transaction at ICICI bank is limited to rupees 1,00,000 in each transaction. You may perform up to 10 transactions each day; the maximum money request is allowed up to Rupees 2,000.

SBI UPI Transaction Limit:

SBI UPI transactions, each transaction is limited to a maximum of Rupees 1,00,000. There is a daily limit of 20 transactions; the maximum money request is rupees 2,000, with a maximum of 5 submissions allowed.

HDFC UPI Limit for per day transactions:

An HDFC UPI transaction is limited to a total of rupees 1,00,000 and a maximum of 10 transactions per account within 24 hours, which excludes bills and merchant transactions. You can request up to rupees 2,000 per transaction through a UPI collect request.

Bank of Baroda UPI limit:

Bank of Baroda (BOB) UPI limit for transactions is rupees 1,00,000 per day. When you become a new user, there is only a rupees 5,000 transfer limit for 24 hours. However, after the cooling-off period, the restrictions get lifted. In a day, you can make a maximum of 10 transactions.

A maximum of 5 transactions per day are allowed with Bank of Baroda UPI. The minimum amount to request is Rupees 2,000.

PNB UPI limit:

PNB UPI transactions are limited to rupees 1,00,000 per day with a maximum of 10 transactions per day, whereas money requests via UPI app are limited to rupees 2,000 with a maximum of 5 transfers per day.

PhonePe App, BHIM App, Bank of Baroda Bank, HDFC Bank, SBI Bank, PNB Bank, and ICICI Bank unlimited business transactions?

In business, you might be responsible for sending and receiving thousands of UPI transactions.

Several apps, including PhonePe, Google Pay, BHIM, HDFC Bank, SBI Bank, PNB Bank, ICICI Bank, Bank of Baroda, and Canara Bank, are heavily searched to increase UPI transaction limits for small businesses in India.

Over 730 crore transactions worth Indian Rupee, 11.91 Lakh crore, were completed last month (November 2022) using UPI, the world’s second-largest mobile electronic payment system. It now aims to increase its use further.

UPI Developed by NPCI; the payments network will bring thousands of millions of people to the fold of digital payments, challenging card companies in the upcoming competitive market.

Based on the above insights, are you ready to offer customers UPI as a payment option?

In three words –

UPI Payment Gateway

The UPI payment gateway enables complete business for payment acceptance. Integrating via the web, API, or quick mobile integration is easy. But that’s just part of the story.

For example –

Several features are available to businesses in the Easebuzz UPI payment gateway, such as checking payment collections, initiating refunds, retrieving reports, and viewing bank settlements.

The system provides in-depth analytics and allows you to monitor metrics from any device at any time. It shows you real-time reports and usage statistics, allowing you selected metrics insights that will interest you.

Easebuzz UPI payment gateway offers following features:

• Providing customers with recurring bill payments
• Links for UPI payments and payouts
• A dynamic QR code for payment
• For reconciling payments, use virtual UPI addresses
• Increasing transaction success rates with UPI ID verification

If you are looking to solve your business collection process, then fill out the form, and we’ll assist in solving your UPI payments collections problems.