Question

Depending on the bank, the maximum UPI daily transfer limit ranges from ______ to ______.

Answer 1

Depending on the bank, the maximum UPI daily transfer limit ranges from ₹ 25,000 to ₹ 1 Lakh.

Explanation:

• Standard NPCI Cap: The National Payments Corporation of India (NPCI) limits standard daily UPI transactions to ₹ 1,00,000.
• Bank Variations: Individual banks can restrict this maximum further, with many setting their daily limits between ₹ 25,000 and ₹ 1,00,000 based on their own policies and account types.
• Special Exceptions: Certain verified transactions, such as medical, educational, IPO, and tax payments, allow an extended limit of up to ₹ 5,00,000 per day.