The National Payments Corporation of India (NPCI) has raised Unified Payments Interface (UPI) transaction limits for select categories of digital payments, easing high-value transactions for users and merchants.
The revised limits take effect from September 15, 2025.

Under the new framework, users can transact up to ₹10 lakh in 24 hours for specific verified merchant categories.

The enhanced limits apply only to Person-to-Merchant (P2M) payments, while Person-to-Person (P2P) limits remain unchanged at ₹1 lakh per day. Member banks retain the flexibility to set lower limits based on their risk policies.

Key changes in UPI limits

For capital market investments and insurance payments, the limit has been raised from ₹2 lakh to ₹5 lakh per transaction, with a maximum of ₹10 lakh allowed in 24 hours. Similarly, government e-marketplace transactions including earnest money deposits and tax payments can now go up to ₹5 lakh per transaction, against the earlier ₹1 lakh cap.

In the travel sector, the transaction ceiling has increased from ₹1 lakh to ₹5 lakh, with a daily cap of ₹10 lakh. Credit card bill payments can now be made up to ₹5 lakh in one go, though the daily cap is restricted to ₹6 lakh.

For loan and EMI collections, the limit is now ₹5 lakh per transaction and ₹10 lakh per day, while jewellery purchases see a modest increase from ₹1 lakh to ₹2 lakh per transaction and a daily cap of ₹6 lakh.

In banking services, term deposits through digital onboarding are now allowed up to ₹5 lakh per transaction and per day, compared to the previous ₹2 lakh.

Digital account opening remains unchanged at ₹2 lakh. In addition, foreign exchange retail payments via BBPS have been enhanced to ₹5 lakh per transaction, with a ₹5 lakh daily cap.

Why the higher UPI limits matter

The changes will help users:


Avoid splitting large payments into multiple transactions.

Pay insurance premiums, loan EMIs, or investments seamlessly through UPI.

Experience real-time settlements with fewer disruptions.


Akash Sinha, CEO and Founder of Cashfree Payments, said, “Raising UPI limits to ₹5 lakh per transaction and ₹10 lakh per day is a timely move that solves a very real problem for merchants handling high-value payments. With higher UPI limits, merchants can now offer a single, seamless digital checkout while maintaining instant settlement.”

First Published: Sept 5, 2025 2:04 PM IST