UPI Payment New Limit: New Update..! SBI, HDFC, BoB and ICICI Bank customers can transfer only this much money, check the limit immediately

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If you also use UPI payment, then there is big news for you. In today’s time, money transactions through UPI have become very common. If we have to transfer even 10 rupees then we use UPI for that, but amidst all this do you know how much rupees you can transfer in a day.

All banks have different limits-

Let us tell you that this limit is different for the customers of all banks. All bank customers including SBI, ICICI Bank and HDFC get different limits through which you can transact money.

Let’s know which bank’s UPI limit –

If you are a customer of SBI, then you can do a transaction of Rs 1 lakh through UPI in a day.
HDFC Bank customers can also make transactions up to Rs 1 lakh, but for new customers this limit is only Rs 5000.
ICICI Bank customers can make UPI transactions up to Rs 10,000, but for Google Pay users the limit is Rs 25,000.
Bank of Baroda customers can do transactions up to Rs 25,000.
Apart from this, Axis Bank customers can do transactions up to Rs 1 lakh.

RBI is making this plan-

Let us tell you that now RBI is making a new plan regarding UPI payment. The National Payments Corporation of India (NPCI) is preparing to limit the volume cap of the country’s Third Party App Providers (TPAP) to 30 per cent. Talks are on with the Reserve Bank of India in this regard.

Only after the approval of RBI, companies like Phone Pay, Google Pay and Paytm will be able to fix its limit, due to which customers may have to face difficulties in the beginning. However, how much limit will be imposed on this, it is not decided yet.

(pc rights of employees)

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