New UPI Transaction Limit: SBI, HDFC & other 105 banks (2022 Updated List)

UPI transaction limit is Rs 1 lakh per transaction. This limit has been set by NPCI, the RBI regulated entity that built UPI.

New UPI Transaction Limit Update in 2022: Limit Increased For IPO and RDS

Moreover, the UPI transaction limit for Initial Public Offering (IPO) and Retail Direct Scheme (RDS) is 5 lakhs, according to NPCI circular released on 9 December 2021.

However, it is important to note that on 24 September 2021, NPCI released a circular pushing for standardization of UPI transaction limit.

NPCI requested banks to follow the following standards:

UPI Transaction CategoryUPI Transaction TypeUPI Transaction Limit
P2P (Peer to Peer)/P2PM (Peer to Peer Merchant)
Collect Share Intent Link and Pay QR Share and PayINR 2000
P2M (Peer to Merchant) Non-Verified OfflineCollect Share Intent Link and Pay QR Share and PayINR 2000
P2P/P2PMPay1 Lakhs
P2MAll1 Lakhs
P2M (Verified Specific Categories)**All2 Lakhs

*P2PM  refers to the category catering to small merchants and the unorganized retail sector.

**Specific Category refers to merchants added to ‘verified merchants’ list by Acquiring Banks.

It also includes specific business categories like capital market, collection, insurance, preapproved disbursment and FIR.

While RBI is pushing for standardization of the UPI transaction limit, it is not yet put into practice by most banks. This is the reason why you might see varied UPI limits from one bank to another.

UPI transaction limit can be categorized as

  1. UPI transaction amount limits i.e the maximum amount of money that can be transferred via UPI.
  2. Frequency i.e number of UPI transactions a person can do in a day.

UPI Transaction Limit Per Day

The UPI transaction limit per day has been defined by each bank in the UPI network and varies bank to bank. For example in SBI UPI transaction limit per day is Rs 1,00,000, while in Bank of Baroda UPI transaction limit is Rs 50,000.

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UPI Transaction Limit Per Week

Some banks have also defined UPI transaction limit by week. For example, IDFC UPI transaction limit per month is Rs 30,00,000.

UPI Transaction Limit Per Month

Limited public sector banks and recognized private banks have imposed a monthly UPI transaction limit. For example, IDFC bank’s upi transaction limit per week is Rs 7,00,000, while SBI has not set any limit.

Now, until all banks adhere to the standard UPI limit set by RBI, most banks will have varying UPI transaction limits. Here is the UPI limit of major banks in India.

S.No.Bank NamePer Transaction Limit (Rs)Per day limit (Rs)Per week limitPer month limit
1Airtel Payments Bank1,00,0001,00,000NANA
2Allahabad Bank 25,0001,00,000 NA NA 
3Andhra Bank1,00,0001,00,000NANA
4Axis bank1,00,0001,00,000NANA
5Bank of Baroda25,00050,000NANA
6Bank of Maharashtra1000020000NANA
7BOI 10,000100,000NANA
8Canara Bank100,000100,000NANA
9Central Bank of India2500050000NANA
10Citibank 1,00,000 1,00,000 NANA
11Corporation Bank500001,00,000NA20,00,000
12City Union Bank1,00,0001,00,000NANA
13Deutsche Bank AG100,000NANANA
14Equitas Small Finance Bank Payments Bank 1,00,0001,00,000NANA
15Federal bank1,00,0001,00,000 NANA
16HDFC Bank1,00,0001,00,000NA NA
17HSBC Bank100000100000NANA
18Indian Bank1,00,0001,00,000 NANA
19ICICI Bank10,00010,000NANA
20IDBI 25,00050,000NA NA
21IDFC 1,00,000100,000700,0003,000,000
22IndusInd Bank100000100000NANA
24Kotak bank25,00050,000NANA
26Paytm Payments Bank100000NANANA
28Standard Chartered Bank100000100000NANA
29Union Bank of India1,00,000100,0005,00,00020,00,000
30Yes bank1,00,0001,00,000NANA

PhonePe Transaction Limit Per Day

  • The PhonePe transaction limit per day is 1 lakh INR. (Rs. 1,00,000)
  • In terms of frequency, the Phonepe limit per day is 20 transactions in 24 hours

Check out this blog to get more information on PhonePe transaction limit per day.

SBI UPI Transaction Limit

  • UPI transaction limit SBI ( per transaction) is Rs 100,000 maximum as determined by NPCI.
  • SBI per day UPI transaction limit is Rs 100,000
  • There is no limit for per week or per month value of UPI transfer.

UPI Transaction Limit ICICI bank

  • ICICI UPI transaction limit ( per transaction) is Rs 10,000
  • ICICI per day UPI transaction limit is Rs 10,000
  • There is no limit for per week or per month value of UPI transfer.
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UPI as the Preferred Payment Mode

UPI is set to become the de-facto mode of payment both for P2P (person to person) & P2M (person to merchant) transactions.

At Cashfree, we’ve always believed UPI to be a transformative force in the Indian payments ecosystem and were quick to jump on to the UPI bandwagon.

Here are just some of the features that a UPI payment gateway can offer:

  1. Better customer experience- with easy integration
  2. Recurring Bill option with UPI Autopay- for your subscription business
  3. UPI Payment Links- easily shared over Whatsapp or text
  4. Virtual UPI IDs for easy reconciliation
  5. Payment option through Dynamic/Static QR code
  6. UPI ID Verification: for a higher success rate

Presently, Cashfree offers the most extensive of UPI integration options among payment companies.
Read here: How to accept UPI payments on my website or mobile app?

If you are looking to integrate UPI into your website or mobile app to accept payments, you can fill this form and ask your query.

3 Replies to “New UPI Transaction Limit: SBI, HDFC & other 105…”

  1. It’s so good to transfer money 100000 per day but if i make payment in any emergency time than payment excited more than one lakh . How can perform that.

    1. Hi Ajay, yes, it is a valid concern. For any emergency situation, it is advisable that a user has more than one bank account. If you are using a particular UPI app, link all bank accounts with the UPI ID and switch to different accounts while paying. This way you shall be able to do transactions above the threshold limit.

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