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After the change in UPI rules in August, NPCI is going to make big digital payments easier. Now the transaction limit is being increased which will come into effect from 15 September 2025. The limit on insurance loan investment etc. will increase in person-to-merchant transactions. There will be a change in the transaction limit in areas like capital market investment travel booking loan payment. However, the limit for person-to-person transactions will remain Rs 1 lakh.
There were many changes in the rules of UPI in the beginning of August last month. At the same time, now once again the National Payments Corporation of India i.e. NPCI is going to make big digital payments easier through Unified Payments Interface i.e. UPI. Yes, this time it has been announced to increase the transaction limit. These new rules will come into effect from 15 September 2025 this month. That is, those running Gpay-PhonePe should know them now.
These new changes will be applicable especially on person-to-merchant i.e. P2M transactions. In simple words, if you pay insurance premium, pay loan EMI or invest in the market. However, the limit for person-to-person transactions i.e. sending money to family or friends will remain Rs 1 lakh per day as before. There will be no change in this right now. Let’s know what is changing in UPI limit…
What is changing in UPI limit?
- Capital Market Investment and Insurance : Here you will soon be able to do transactions of up to Rs 5 lakh per transaction instead of Rs 2 lakh and maximum of Rs 10 lakh in 24 hours.
- Government e-marketplace and tax payment: Its limit will also be increased from Rs 1 lakh to Rs 5 lakh per transaction.
- Travel booking: Now Rs 5 lakh per transaction instead of Rs 1 lakh, daily cap will be up to Rs 10 lakh.
- Credit card bill payment: Up to Rs 5 lakh at a time, but a maximum of Rs 6 lakh per day can be paid.
- Loan and EMI collection: Its limit will also be increased from Rs 5 lakh per transaction to a maximum of Rs 10 lakh per day.
- Jewellery purchase: After the new limit, you will be able to make payment of up to Rs 2 lakh per transaction instead of Rs 1 lakh, daily cap up to Rs 6 lakh.
- Term Deposit: After the new limit, here also you will be able to make Rs 5 lakh per transaction which was earlier Rs 2 lakh.
There has been no change in digital account opening, its limit will still remain 2 lakhs. Apart from this, foreign exchange payment through BBPS will soon be Rs 5 lakh per transaction and daily cap will be up to 5 lakhs. NPCI says that these changes will greatly benefit people and businessmen. This will also make it easier to make large digital payments. These changes will further promote cashless transactions.
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