Yes, a 24-hour cool-off period will begin after your first transaction. After resetting your UPI PIN, a maximum transaction limit of ₹5000 applies during this period.
This measure is implemented as a security precaution to protect your transactions and funds. It helps prevent unauthorised or fraudulent transactions during the initial period after resetting your UPI PIN.
Please keep in mind that this limit includes the first transaction you make after resetting your UPI PIN.
The cool-off period and transaction limit specifically apply to UPI-related transactions. They do not apply to bank transfers that use UPI PINs.
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