NPCI Increases UPI Transaction Limit to ₹5 Lakh

 


Starting from September 16, the National Payments Corporation of India (NPCI) has raised the transaction limit for certain Unified Payments Interface (UPI) payments to ₹5 lakh. This move aims to accommodate the growing demand for higher-value digital transactions and enhance the convenience of users relying on UPI for various financial activities.

The increased limit primarily applies to specific types of transactions, such as capital markets, insurance, and loan repayments. It represents NPCI's commitment to promoting the use of UPI across high-value payments while ensuring the security and efficiency of these transactions.

This update reflects the rapid adoption of digital payments in India and underscores UPI’s growing significance in the country’s financial ecosystem.

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