UPI Transaction Limit
Unified Payments Interface — per-transaction limits, daily limits & charges 2026
24×7
Available
₹1 lakh
Per Txn Limit
FREE
All Charges
Instant
Transfer Time
UPI Limits by Transaction Category
| Category | Per Transaction Limit |
|---|---|
| P2P & P2M (standard transfers) | ₹1,00,000 |
| Capital markets / Stock trading | ₹2,00,000 |
| IPO subscriptions (ASBA) | ₹5,00,000 |
| RBI Retail Direct bonds | ₹5,00,000 |
| Insurance premiums | ₹5,00,000 |
| Medical / hospital payments | ₹5,00,000 |
| Education fees | ₹5,00,000 |
Banks may set lower limits for their customers. Check with your bank for your specific limits.
| Full form | Unified Payments Interface |
| Operated by | NPCI (National Payments Corporation of India) |
| Availability | 24×7×365 — including weekends & holidays |
| Settlement | Instant (real-time, typically within seconds) |
| Standard per-txn limit | ₹1,00,000 per transaction |
| Daily limit | ₹1,00,000/day (bank may set lower) |
| Charges | FREE for all consumers |
| Transfer type | Account-to-account via VPA (Virtual Payment Address) or A/c + IFSC |
| Underlying system | Built on top of IMPS infrastructure |
Popular UPI Apps in India
All UPI apps are fully interoperable — you can send to anyone regardless of which app they use.
UPI vs NEFT vs RTGS vs IMPS
| Feature | NEFT | RTGS | IMPS | UPI |
|---|---|---|---|---|
| Maximum | No limit | No limit | ₹5 lakh | ₹1 lakh* |
| Speed | ~30 min | ~30 min | Instant | Instant |
| Charges | Free | Free | ₹5–₹25 | Free |
| Needs IFSC? | Yes | Yes | Yes | Optional |
*UPI limit is ₹5 lakh for IPO, insurance, and education payments.
FAQs
What is a UPI ID (VPA)?
A UPI ID (also called a Virtual Payment Address or VPA) is a unique identifier linked to your bank account, like yourname@okaxis or 9876543210@ybl. You can send money to anyone using their UPI ID without needing their account number or IFSC code.
Is UPI safe for large transactions?
Yes. UPI uses two-factor authentication — your UPI PIN plus device binding. All UPI transactions are encrypted. However, be cautious of scams: you never need to enter your UPI PIN to receive money. Banks and NPCI will never ask for your PIN.
Can I use UPI internationally?
UPI is expanding internationally. It is currently accepted in countries including Singapore, UAE, France, UK, Mauritius, Nepal, and Bhutan. NPCI International is rolling out UPI acceptance in more countries. For international fund transfers to India, use SWIFT/wire transfer through your bank.
Does UPI require an IFSC code?
No — for most UPI transfers, you only need the recipient's UPI ID (VPA) or mobile number. However, if you want to link a bank account manually to a UPI app, you will need your account number and IFSC code. Look up your bank's IFSC code here.