PhonePe users are generally limited to a maximum of 20 transactions per day for Peer-to-Peer (P2P) transfers, with a total daily monetary cap of ₹1 lakh. This limit applies to a rolling 24-hour window, and once reached, users must wait to initiate more transfers.
The PhonePe transaction limit per day is ₹1,00,000 for every UPI user. This limit applies to a 24-hour timeline and allows a maximum of 20 transactions. If you reach the limit, you must wait 24 hours from the last transaction to make a new transfer.
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.
How to Increase PhonePe Limit?
PhonePe lets you link international numbers from many countries, like the United States, United Arab Emirates, United Kingdom, Saudi Arabia, Canada, Qatar, Singapore, Australia, Oman, Hong Kong, France, and India (for returning NRIs).
PhonePe users can send up to ₹1 lakh (₹100,000) per day through UPI.
Unified Payment Interface (UPI) is currently accepted in eight countries— Bhutan, Singapore, Qatar, Mauritius, Nepal, UAE, Sri Lanka and France. Acceptability of India's digital payment network overseas enables Indian tourists to make UPI payments for transactions abroad.
Per Day Limit: ₹1,00,000 (₹1 lakh) per user per day across all UPI transactions on PhonePe. Number of Transactions: Maximum of 20 transactions per day. Money Request Limit: You can request up to ₹2,000 per day through the PhonePe app.
What is the wallet transfer limit on Phonepe? Users who have completed the minimum KYC verification can transfer up to 10,000. If they complete full KYC verification, they can transfer up to 2,00,000 per transaction and 4,00,000 per day.
PhonePe Security - Every Payment is Protected on PhonePe. That's why we have an advanced security infrastructure to keep your transactions safe.
You can link your international mobile number to your NRE or NRO account and use UPI for NRI accounts through supported banking apps like BHIM, Google Pay, PhonePe, or your bank's mobile app.
You can do a maximum number of 20 transactions in 24 hours per account within the ₹1,00,000 limit for P2P transactions and there is no limit in terms of transactions in 24 hours per account within the ₹1,00,000 limit for P2M transaction.
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.
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. Bank's Mobile App: You can find your per-day limit under the UPI section in your bank's app.
The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 21 lakh on Walmart-owned digital payments firm. The penalty, announced through an order dated September 10, follows a statutory inspection of PhonePe's operations for the period between October 2023 and December 2024.
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.
Can we transfer 50,000 through PhonePe? Yes, you can transfer ₹50,000 through PhonePe as the UPI transaction limit is ₹1,00,000 per day per bank account.
Regular UPI transactions have a maximum daily limit of ₹ 1 Lakh. UPI withdrawals from ATMs using UPI apps are limited to ₹ 10,000 per day. Bank UPI apps allow a total of 20 UPI transactions each 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.
RTGS transactions / transfers have no amount cap set by RBI. The system is available on all days on 24x7x365 basis. There is real time transfer of funds to the beneficiary account. The remitter need not use a physical cheque or a demand draft.
How NRIs can set up UPI payments
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. Tax payments, educational institutions, hospitals, IPOs, and RBI retail direct schemes, the limit is ₹5 lakh.
Yes, UPI can be used in the US to send money to India. While UPI is primarily an Indian payment system, Western Union allows US users to transfer funds directly to a recipient's UPI-linked bank account. To learn more, check out how to send money to India.
It uses USSD (Unstructured Supplementary Service Data) technology, which works on basic phones too. This service helps people across India do banking just by dialling *99# from their mobile.
PhonePe remained the largest UPI app in November with 9.33 billion transactions, accounting for 45.6% of total volume and 48.5% of total value. It gained market share despite a slight drop from October. Google Pay ranked second with 7.03 billion transactions, holding a 34.4% share by both volume and value.