Daily Transaction Limit: Know Your Bank's UPI Transfer Limits

Are you tired of wondering how much you can transact every day through your GPay app? You're not alone! Many users are unsure about the daily limits set by their banks for UPI transactions. In this article, we'll break down the rules and limitations to help you navigate the world of digital payments.

Amazon Pay UPI Limit

After registering on Amazon Pay UPI, you can transact up to Rs 5000 in the first 24 hours. This is a one-time limit that resets after the specified time period. However, there's a daily limit for making payments through UPI at Rs 1 lakh, as fixed by Amazon Pay.

UPI App Limits

But did you know that different UPI apps have varying limits? For instance, Canara Bank has a daily limit of Rs 25,000, while SBI allows transactions up to Rs 1 lakh. What's more, NPCI guidelines allow for transactions up to Rs 1 lakh in a day through UPI.

Transaction Limit on Number of Transfers

There's also a limit on the number of UPI transfers you can make in a day - 20 transactions per day, to be exact! So, if you're planning to send or receive money frequently, make sure you stay within this limit.

Additional Charges

Here's some good news: you won't have to pay any additional charges for making payments through these apps. That's right, no extra fees for using your GPay app!

In conclusion, understanding the daily transaction limits set by your bank and UPI app is essential for smooth digital payments. Whether you're paying bills or sending money to friends and family, it's crucial to know how much you can transact every day. So, go ahead and check your bank's UPI transfer limit today!

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