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What is the highest amount you can transfer through UPI?

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Created on
February 7, 2023


What’s Inside

An Overview

The UPI system in India is huge, with 382 banks on the network and over ₹12 Lakh Crores worth of payments recorded as of December 2022. But there is a limit to how much money can be transferred through a UPI payment. The National Payments Corporation of India (NPCI) has set the upper limit per UPI transaction at ₹1 Lakh for most payments. However, some small banks such as Canara Bank allow a total of ₹25,000 transactions, while large banks such as SBI have set a limit of ₹1 Lakh. In March 2020, the upper limit for specific transaction categories of UPI payments was increased to ₹2 Lakhs.

‍Can Banks & UPI Apps Set UPI Transaction Limits?

‍Sure, banks can set their own UPI limits. So can the different UPI payment apps like Google Pay, PhonePe and PayTM. However, these UPI transaction limits must be within the overall upper limit set by the NPCI.

To figure out how much you can transfer through UPI apps, you need to account for the limits set by the app you are using as well as by the bank whose account you’ve linked to the app.

RuPay Credit Cards On UPI

RuPay credit cards can now be used on the UPI Platform. This is great news for customers and retailers, as credit card use is increasing. Now, customers can easily pay with their credit cards by scanning the products' lightweight QR codes. Payments are safe and secure because they are authenticated using a UPI PIN.

The RBI's action provides clients with a one-stop shop for all of their credit card needs. They can now manage credit lifecycles, pay their check credit balances, and credit card bills, and set up bill payment UPI autopay. Merchants will benefit from the increased consumption by appealing to a new group of credit clients, thus ensuring business growth.

Daily UPI Transfer Limits: A Comparison Across Popular Service Providers

UPI Service Provider

Money transfer Limit

Daily UPI Transfer Limit

Money Request Limit

Additional Notes

NPCI Guidelines

Up to ₹1,00,000

Up to 20 transactions per day


Limit varies by bank

Google Pay (GPay)

Up to ₹1,00,000

Up to 10 transactions per day

Up to ₹2,000

Daily transaction limits stop if money requests exceed ₹2,000


Up to ₹1,00,000

Up to 10 or 20 transactions per day (varies by bank)

Up to ₹2,000

Limit varies by bank

Paytm UPI

Up to ₹1,00,000




Amazon Pay

Up to ₹1,00,000

Up to 20 transactions per day (varies by bank)


Transactions limited to INR 5,000 within the first 24 hours of registering


Latest Updates on UPI Transfer Charges

Users were confused about whether UPI payments would be charged or remain free after a statement by the National Payments Corporation of India (NPCI). NPCI clarified that bank-to-bank account transfers via UPI will continue to be free but merchants will be charged a 1.1% interchange fee for UPI transactions of more than ₹2,000 using prepaid payment instruments (PPIs) like wallets for cards starting from April 1, 2023. The recipient payment service provider/bank charges the merchant an interchange fee. For more information, check out this article.

Latest in UPI: Exploring Expanded Transaction Limits With Credit Line

In a game-changing announcement on September 4, 2023, the Reserve Bank of India (RBI) has ushered in a new era of possibilities for UPI users.

This development not only revolutionizes how we use UPI but also raises the question: what is the highest amount you can transfer through UPI now? With the recent extension of UPI's capabilities, users can tap into pre-sanctioned credit lines from Scheduled Commercial Banks as funding accounts for their UPI transactions, provided they have granted prior consent.

This innovation signifies a leap forward in transaction limits, making it easier than ever for individuals to transact large amounts via the UPI system. The exact maximum limit may vary based on the terms and conditions set by individual banks, so it's essential to check with your bank to make the most of this development.


UPI has revolutionised money transactions in India with hundreds of banks on its network and trillions of rupees in payments. Limits for transactions are set by banks and UPI payment apps, but must be within the upper limit set by NPCI. Adding RuPay credit cards to the UPI platform made it more convenient for customers to pay with credit cards. Bank-to-bank transfers remain free, while merchants are charged a 1.1% fee for UPI transactions over ₹2,000 using prepaid payment instruments starting April 1, 2023.

Get rewarded for making UPI payments through Fi!

If you use the Fi app, you can receive a flat 2% cashback by paying with UPI through Fi (linked to your Federal Bank savings account). To unlock these rewards, upgrade your Fi account to the Infinite account type by maintaining a monthly balance of ₹50,000 or more. Payments through Fi are fast, secure, and rewarding. So, what are you waiting for? Start scanning!

Frequently Asked Questions

1. Does UPI charge money?

No, as of June 2023, UPI transactions do not carry any additional charges or fees. So, you can send and receive money via the UPI interface free of cost, without incurring any extra costs or hidden fees whatsoever.

‍2. Can I pay ₹ 3 Lakhs through UPI?

You can't transfer ₹3 Lakhs in a single payment using UPI. According to NPCI, most merchant payments have a limit of ₹1 Lakh per UPI transaction (and ₹2 Lakhs for specific P2M payments). To transfer the full amount, you can split it into two transactions, with one on the first day and the other on the next day.

‍3. What is the maximum limit of UPI transactions?

As per NPCI guidelines, the maximum amount for one UPI transaction is ₹1 Lakh for P2P transfers and most merchant payments. However, for some P2M transactions like credit card payments, loan repayments, and transactions related to capital markets, the limit is ₹2 Lakhs.

4. What is the UPI transaction daily limit?

You can transfer up to ₹1 Lakh in a single day via UPI, according to NPCI.


Fi Money is not a bank; it offers banking services through licensed partners and investment services through epiFi Wealth Pvt. Ltd. and its partners. This post is for information only and is not professional financial advice.
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