There are going to be some changes in the rules of UPI from September 15, which will have a direct impact on the users of apps like Phonepe, Paytm or Gpay. Let’s know what changes are going to happen?
Some changes are going to be seen in the transactions of UPI i.e. Unified Payments Interface from September 15. National Payments Corporation of India (NPCI) has decided to increase the limit of large transactions. This change will be applicable for some special online payments like investment in stock market, insurance payment, credit card bill payment etc. If you use apps like Phonepe, Paytm or Gpay, then understand here whether anything has changed?
New rules of UPI will be implemented
The new rules of UPI will come into effect from 15 September 2025, under which online payments of up to Rs 10 lakh can be made in a day for verified merchants. This means that now there will be no need to make repeated transactions for large payments. However, the limit for person-to-person transactions between two people will remain the same as before at Rs 1 lakh per day. There has been no change in this.
How much has the transaction limit increased in UPI?
UPI’s one-time transaction limit for payment of credit card bill will now be Rs 5 lakh. Also, a maximum of Rs 6 lakh can be paid in a day. If you are making any payment related to travel, that too will be possible with a transaction of up to Rs 5 lakh at a time. Apart from this, the limit for payment of loan and EMI has also been increased to Rs 5 lakh per transaction. A maximum of Rs 10 lakh can be paid in a day. This will make it easier for people to repay big loans or EMIs.
Freedom from the hassle of making frequent transactions
The purpose of bringing these new rules is to free people from the hassle of making transactions repeatedly for large payments. Now insurance premium, loan EMI or investment related payments can be easily made in one go. This will make the payment process faster and easier. The daily or hourly limit of UPI apps will also not be exceeded, so in a way this will be a beneficial option for UPI ID users as well .
What is the current transaction limit in UPI apps?
Currently, PhonePe allows you to transfer ₹10,000 per day with minimum KYC. With full KYC, you can transfer ₹2 lakh per transaction and ₹4 lakh per day. Paytm allows you to transfer ₹1 lakh per day, ₹20,000 per hour and a maximum of 5 transactions per hour. Google Pay allows you to transfer ₹1 lakh per day and a maximum of 20 transactions. For new users, the limit is ₹5,000 in the first 24 hours. After that, it becomes normal.
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