No, you cannot transfer ₹8 lakhs ( 800 , 000 8 0 0 , 0 0 0 ) in a single day using standard PhonePe UPI, as the daily limit is strictly capped at ₹1 lakh ( 100 , 000 1 0 0 , 0 0 0 ). The maximum number of transactions allowed is generally 20 per day, but you cannot exceed the total daily amount limit of ₹1 lakh.
Daily Limit on PhonePe Transactions
1: For every user, the daily limit for PhonePe UPI transactions is ₹1 lakh (₹100,000). 2: You can only send money on Phonepe a maximum of 20 times in a 24-hour period. With 20 transactions per day, you may transfer up to ₹1 lakh in a single day.
PhonePe transaction limit per day is ₹1,00,000 with a maximum of 20 UPI transfers within 24 hours. These limits are set by NPCI and may vary depending on your bank and account type. Completing full KYC or contacting your bank can help increase your limits for smoother transactions.
PhonePe is completely safe & secure as all payments happen over reliable banking networks & the app does not store any user data or passwords. You've to enter'ur MPIN for every transaction which is known only to you.
Select categories such as insurance, investments, education, travel, and government payments now allow up to Rs. 5 lakh per transaction (effective 15 September 2026). Each bank can define its own UPI transaction limit per day, usually between Rs. 25,000 and Rs. 1 lakh.
According to the circular issued by NPCI last month, per-transaction limit has been raised upto 5 lakh rupees while the daily aggregate limit has been increased to 10 lakh rupees in insurance premiums, capital markets, travel, collections and Government e-Marketplace (GeM).
1,00,000, including all other UPI apps. The Google Pay limit for 24 hours is Rs. 1,00,000. Additionally, you can make a maximum of 20 transactions through GPay or other UPI apps within a time frame of 24 hours.
Are transactions safe? Yes, all apps are regulated by NPCI and follow UPI security protocols Upi Security Tips.
50,000: UPI transactions upto Rs. 50,000 are exempt from tax. Any amount exceeding this limit, received through UPI apps or digital wallets, is treated as a gift and taxed as per the provisions applicable to income from other sources.
Can PhonePe be used internationally? Yes! When activated for international use, you can use PhonePe to make QR code payments from your Indian bank account to select merchants abroad. Here's a guide to using PhonePe to make international payments when traveling abroad.
Download PhonePe, connect your NRE or NRO account to your overseas number, and you're ready to make secure UPI payments in minutes, no matter where you are. Download PhonePe, connect your NRE or NRO account to your overseas number, and you're ready to make secure UPI payments in minutes, no matter where you are.
PhonePe Charges: PhonePe offers free UPI transactions for individual users, including both peer-to-peer (P2P) and peer-to-merchant (P2M) payments. However, merchants may incur interchange fees ranging from 0.5% to 1.1%, depending on the service category.
The per-transaction limit defines the maximum amount that can be transferred in a single UPI transaction. Most banks and UPI apps, like Google Pay or PhonePe, set a limit between ₹40,000 and ₹1,00,000 per transaction.
Prefer digital channels: For amounts running into lakhs, electronic transfers through NEFT, RTGS, IMPS, or UPI are faster, safer, and beyond the scope of cash-related restrictions.
What is the PhonePe UPI limit per day? The PhonePe UPI transaction limit per day is ₹1 lakh (₹100,000) for all users. In 24 hours, you can send money only 20 times on Phonepe. This means that you can transfer up to ₹1 lakh in a single day, which can be broken into a total of 20 transactions each day.
Launched by NPCI, this feature lets users pay directly from their Indian bank account while abroad—securely, instantly, and in local currency. Unified Payments Interface (UPI) has now gone global! With UPI Global Acceptance, you can pay at select international stores using your UPI app and Indian bank account.
“Gifts” can be made in cash or other assets – securities, closely held business interests, real estate, artworks, collectibles or any other type of property. So long as the total market value of your gifts does not exceed $19,000 per recipient in 2026, the transfers are entirely gift tax-free.
Note: The transaction limits for UPI are set and standardised by the National Payments Corporation of India (NPCI) that governing body for UPI. Since these limits are set by the government, users cannot increase or make changes to the UPI limit. Users must adhere to the daily transaction limit guidelines.
Please note, tables are best viewed on desktops and in landscape mode on mobile phones. If the money received (in aggregate) is in excess of ₹ 50,000 then, the entire gift amount is taxable. Taxable amount = Entire gift amount.
Cons
Payments on PhonePe are safe, reliable, and quick
PhonePe also offers a wide range of financial services, including Insurance, Investments, and Lending, giving every Indian an equal opportunity to unlock the flow of money and access to services.
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You can transfer large amounts of money, but transactions over $10,000, especially in cash or structured deposits, trigger mandatory reporting (like IRS Form 8300 or Bank Secrecy Act (BSA) reports), not necessarily taxes, to fight money laundering. Banks file reports for cash over $10k (CTR) or suspicious activity (SAR) if they see patterns to avoid reporting (structuring), which can flag accounts even for smaller amounts like $200 if part of a pattern.
How to Increase PhonePe Limit?