As of 2026, the maximum amount that can be transferred through UPI is ₹1 lakh per day. Additionally, UPI 123Pay has a per-transaction limit of ₹10,000.
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.
UPI Rules from 2026: New Limits, GST QR Thresholds & Key Compliance Points
New Rules For UPI Payments: Key Takeaways
Starting in April 2026, UPI transactions will need to implement two-factor authentication that includes a minimum of one dynamic security measure. Daily UPI limits generally remain ₹1 lakh, with higher limits available only for select categories.
The biggest change? Inactive UPI IDs will be auto-deactivated if unused for 12 months. According to Rbi Upi Guidelines 2025, users can reactivate easily by authenticating once with their bank or payment app. This move helps curb fraud and fake account activity in India's 35-crore-plus UPI base.
Daily Transaction Limits
The UPI daily limit is set at ₹1,00,000 per day for standard transactions, as established by NPCI regulations. This means: Maximum daily transfer: ₹1 lakh across all UPI transactions. Limit applies to both Person-to-Person (P2P) and Person-to-Merchant (P2M) payments.
1.1% charge on UPI transactions above ₹2000. Here's what you need to know. The NPCI or the National Payments Corporation of India announced that there will be a 1.1% charge on UPI transactions from April 1st, 2023.
Some of the major tax changes effective from April 1, 2025, are revised tax slabs, rebate of up to Rs. 60,000, revised ITRU deadlines, calculation of partner's remuneration allowable as a deduction and revised TDS/TCS threshold limits.
Generally, you can send up to ₹1,00,000 daily and per transaction. However, specific payments like those for capital markets, hospitals, or education may allow transfers up to ₹5,00,000. These limits protect your funds and comply with financial regulations.
Starting in January 2026, 🏦all active bank accounts will need to update their KYC (Know Your Customer) information every year, or their accounts may be partially or fully frozen. 💰The UPI transaction limit will increase to ₹72 lakh for regular payments, with higher limits for special uses.
Yes, it is possible to transfer ₹20 Lakhs through NEFT, depending on your bank's daily limit. Increasing the NEFT limit in HDFC is a hassle-free process. To modify your third-party transfer (TPT) limit in HDFC Bank, log in to the official HDFC Bank portal using your ID and password.
Unified Payments Interface (UPI) users can now make Person-to-Merchant (P2M) transactions of upto 10 lakh rupees within 24 hours, with verified merchant for specified categories effective from today.
The RBI has told banks and lenders to remove pre-payment charges on floating-rate loans. This change applies to individuals & MSEs (Micro & Small Enterprises). It will take effect for loans that are approved or renewed starting from January 1, 2026.
KYC is required to be done at least every two years for high risk customers, at least every eight years for medium risk customers and ten years for low risk customers. This exercise would involve all formalities normally taken at the time of opening the account.
As of 2025, India has over 65 million active merchants on UPI, making it the largest digital payments network in the world.
The limit for UPI payments is Rs 2 lakh for transactions related capital markets, insurance, collections and foreign inward remittances. For tax payments and payments to educational institutions, hospitals, IPO, and RBI retail direct schemes, the limit is Rs. 5 lakh. However, this limit may vary from bank to bank.
April 2025 heralds some of the most important changes to employment law in several decades, with the Government's Employment Rights Bill beginning implementation, as well as the obligatory National Minimum Wage increase.
The start of March will bring about a number of significant changes that will affect numerous aspects of daily life. Updates to the regulations pertaining to nominations, LPG cylinder prices, FD rates, UPI payments, tax adjustments, and GST security are among the modifications that will take effect on March 1, 2025.
UPI Remains Free for All
As per the current policy and official communications: No fees are charged to customers for sending or receiving money via UPI. Merchants are not charged MDR for accepting UPI payments.
UPI transactions are typically free for peer-to-peer (P2P) transfers and direct peer-to-merchant (P2M) payments from a bank account, as per NPCI guidelines. To avoid charges, ensure your transactions are bank-to-bank transfers. Interchange fees of up to 1.1% apply only to payments exceeding Rs.
Blockchain Technology Integration
The future of UPI holds great promise, with several exciting innovations on the horizon. From biometric authentication and voice-enabled transactions to wearable device integration and international remittances, UPI is set to become more versatile, secure, and convenient.
UPI is Replacing Cash and Cards
But UPI payments are catching up fast. Why swipe a card when you can scan a code without worrying about interest or hidden charges? For beginners earning under ₹2 lakh/month, UPI offers a safer and simpler way to manage personal finance.
*99# is a USSD (Unstructured Supplementary Service Data) based mobile banking service from NPCI that brings together diverse ecosystem partners such as Banks & TSPs (Telecom Service Providers). Using *99# service, a customer can access financial services by dialling *99# from his/her mobile registered with the bank.
3: BHIM UPI has the added advantage of being backed by the government, so it is regarded as safer and secure compared to Google Pay. Though Google Pay has enhanced security features like biometric authentication as well as PIN or pattern, extensive data syncing makes it less secure.