UPI Limit Increased to ₹10 Lakh for Select Transactions From Sept 15, 2025, UPI limit raised to ₹10 lakh per day for transactions in capital markets, insurance, credit card payments, and more via verified merchants.

UPI Limit Increased to ₹10 Lakh for Select Transactions From Sept 15, 2025, UPI limit raised to ₹10 lakh per day for transactions in capital markets, insurance, credit card payments, and more via verified merchants.

Posted by Shivam Last updated on September 5th, 2025 12:30 pm

Starting September 15, 2025, the National Payments Corporation of India (NPCI) will implement revised UPI transaction limits for specific high-value payment categories. The per-transaction limit has been increased to ₹5 lakh, and the 24-hour aggregate limit raised to ₹10 lakh for several services, including insurance, capital markets, government tax payments, and credit card payments—a significant step in expanding UPI’s role in India’s digital financial ecosystem.

Key Highlights of the New UPI Transaction Limits NPCI’s new directive mandates increased UPI limits for Person to Merchant (P2M) transactions made to verified merchants. The limits are effective from September 15, 2025, and aim to facilitate seamless high-value digital transactions.

Revised UPI Limits (Effective Sept 15, 2025) Category Old Per-Transaction Limit New Per-Transaction Limit 24-Hour Cumulative Limit Capital Markets (Investments) ₹2 lakh ₹5 lakh ₹10 lakh Insurance Payments ₹2 lakh ₹5 lakh ₹10 lakh Govt. e-Marketplace (EMD/Tax) ₹1 lakh ₹5 lakh ₹10 lakh Credit Card Payments ₹2 lakh ₹5 lakh ₹6 lakh Loan/EMI Collections ₹2 lakh ₹5 lakh ₹10 lakh Travel Bookings ₹1 lakh ₹5 lakh ₹10 lakh Jewellery Purchases ₹1 lakh ₹2 lakh ₹6 lakh FX Retail via BBPS ₹2 lakh ₹5 lakh ₹5 lakh Term Deposits via Digital Accounts ₹2 lakh ₹5 lakh ₹5 lakh Digital Account Opening (Funding) ₹1 lakh ₹2 lakh ₹2 lakh Who Will Benefit? This expansion in UPI limits primarily benefits,

Investors transacting in mutual funds, stocks, and AMCs Policyholders making high-value insurance premium payments Taxpayers making EMD or GST payments on Govt. e-Marketplace (MCC 9311) Cardholders settling large credit card bills Loan borrowers and businesses handling bulk EMI or collection payments Frequent travelers booking high-value trips Jewellery buyers seeking cashless transactions Forex users and digital account openers needing smooth onboarding and funding Scope and Limitations Applies only to P2M (Person to Merchant) transactions via verified merchants P2P (Person to Person) UPI limit remains unchanged at ₹1 lakh/day Banks and PSPs must implement the new limits by Sept 15, 2025 Member banks may set internal limits lower than NPCI’s maximum, depending on their risk policies Key Takeaways for Exam Unified Payments Interface (UPI).

Developed by: National Payments Corporation of India (NPCI). Launched: 2016. Purpose: Enables instant money transfers between two bank accounts via mobile. Key feature: Uses Virtual Payment Address (VPA) for transfers, avoiding sharing sensitive bank details.