To increase your daily transaction limit in PhonePe, complete full KYC verification (using Aadhaar/PAN) to raise wallet limits up to ₹1 lakh per month. For higher UPI transfers, contact your bank to increase the daily limit, as they set the maximum, typically up to ₹1 lakh/day. Other methods include linking multiple bank accounts or upgrading to a business profile.
The PhonePe UPI transaction limit is set by the National Payments Corporation of India (NPCI). The bank can increase the PhonePe UPI transaction limit, subject to the customer's risk profile. To increase the PhonePe UPI transaction limit, the customer can contact their bank and request an increase.
Visit your bank branch. Request the staff to increase your UPI daily transaction limit.
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.
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.
How to Increase PhonePe Transaction Limit?
The UPI transaction limit is ₹1 lakh per day as per NPCI. For capital markets, insurance, collections, and foreign inward remittances, the limit is ₹2 lakh.
The per-day UPI limit is the amount of money you can transfer in a 24-hour period. To check this limit: Through UPI Apps: Look for the "Bank Account" or "Payment Methods" section in your UPI app (Google Pay, PhonePe, etc.) and look for per-day limit details.
UPI Transaction Limits (NPCI/RBI Guidelines)
Per transaction cap: ₹1 lakh (standard); ₹2 lakh for some sectors; ₹5 lakh for IPOs/Retail Direct. Daily limit: ₹1 lakh per day. UPI 123PAY: ₹5,000 per txn/day (P2P); ₹1 lakh daily for merchant. UPI Lite: ₹1,000/txn; ₹10,000/day; ₹5,000 wallet limit.
If you have exceeded the UPI limit, it means you have likely hit the daily maximum of ₹1,00,000 or the maximum number of transactions (usually 10 to 20, depending on the bank). The most straightforward solution is to wait for the limit to reset, which typically happens after 24 hours.
For a temporary increase to your Interac e-Transfer limit, give us a call at 1-800-472-6842. To make a permanent change to your limits, please visit your home branch. If you're unsure which branch is your home branch, you can find its address at the top of your statements.
My bank account has a transfer limit. How can I transfer the full amount?
1. Call your bank to ask for a daily limit change. Contact your bank to see if it will increase your daily debit card limit on signature and PIN-based purchases.
To change yours, open your banking application, navigate to UPI settings, and select 'Change Limit'. Enter your desired amount and confirm with your UPI PIN. Remember, limits vary by bank and payment type, typically resetting daily at midnight.
SBI UPI Transaction Limit Per Day
SBI has set two limits for UPI transactions each day. The maximum amount you can transfer in a single UPI transaction is Rs. 1,00,000. Additionally, SBI permits up to 10 UPI transactions per day.
Daily limits
You may reach a daily limit if: You try to send more than ₹1,00,000 in one day across all UPI apps. You try to send money more than 20 times per day and 150 per month for P2P transactions across all UPI apps.
The standard per-transaction limit is ₹1 lakh. However, a ₹2 lakh limit is applicable for specific transactions like capital markets, insurance, government collections, and foreign inward remittances. Users generally cannot change these regulated limits.
2) Own account fund transfer — No limit (up to the available balance in debit account). 3) IMPS to registered beneficiary - up to Rs 5 Lakh per day/per transaction. 4) NEFT to registered beneficiary per day - up to Rs. 10 lakh./per transaction - up to Rs 5 lakh.
No, it will not be possible to transfer Rs. 2 lakh through PhonePe in a single transaction because the maximum transaction limit is Rs. 1 lakh per day.
Complete the KYC Process
By completing the minimum KYC and full KYC, you can increase the PhonePe daily limit to ₹10,000 and ₹4,00,000 per day, respectively. To do so, you need to upload documents like your Aadhaar card, address proof and PAN card via the PhonePe app.
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.
Digital payment transaction limits are set by national guidelines and individual banks for security and regulatory compliance. Generally, users cannot personally customise these daily or per-transaction limits.
The standard daily UPI transaction limit is ₹1 lakh (one lakh), as set by the National Payments Corporation of India (NPCI). Therefore, a standard transfer of ₹2 lakh in a single day is generally not possible.
Based on transaction volume data, some of the top banks for UPI remittances include the State Bank of India (SBI), HDFC Bank, Bank of Baroda, Union Bank of India, and Punjab National Bank. Many banks, including HDFC and SBI, offer high UPI transaction limits, typically up to ₹100,000 INR per transaction.
From August 31, 2025, users can make UPI payments and withdrawals using pre-approved credit lines (such as from banks or NBFCs), with limits set at: ₹1,00,000 per day for payments. ₹10,000 per day for cash withdrawals. 20 P2P(peer-to-peer) transfers per day.