Maximum of 10 times across all UPI apps per day.A maximum request of Rs 2,000 from another individual or party.Maximum of 10 times per day across all UPI apps.Maximum of Rs 1 lakh per day across all UPI apps.Note: The NPCI and UPI website has not disclosed if such auto payments also will be included under the UPI transaction limit or not. Following is the list of a few banks and their respective partners (not limited to): Issuer Bank
Netflix, WiFi charges, electricity bills, EMI bills, etc. With this facility, you can enable a recurring e-mandate using any UPI application for recurring payments such as telephone bills, OTT charges, NPCI has introduced UPI AutoPay for regular payments. It is important to note that the transaction limit might change from time to time. Hence, the upper limit could be anywhere between Rs 10,000 to Rs 1 lakh. However, the upper limit differs from bank to bank. The maximum number of UPI transactions is 20 per day. General UPI Transaction LimitĬurrently, the National Payment Corporation of India (NPCI) has predefined the UPI transaction limit to Rs 1 Lakh per day. This is a validation required to confirm that the right person is making the transaction. Upon entering the VPA and the amount to be sent/received, you must enter the valid UPI PIN that was created while registering with UPI.
Also, make sure that the mobile number you have linked to the bank account is the same as the one you have registered you are receiving a notification. Linking VPA to a bank account is an essential step before you initiate any transaction via UPI. You can log in to a UPI-enabled app using VPA. This is to make sure that you do not forget it when required. A VPA can be anything ranging from your name, the first half of your email address, or even your mobile number. Once you have installed a UPI-enabled app, you are required to choose a UPI ID for all your further transactions. That’s all! How do Transactions Happen Under VPA? Step 6: Click on ‘Submit’ to confirm the VPA. You can choose one from the list or type your desired VPA and check for its availability. the segment that appears before the symbol. Step 5: You will be given an option to choose the first part of the VPA, i.e. Step 4: Click on the ‘+’ mark on the screen to create a VPA of your choice. Click on the arrow that leads to the right. Step 3: If you have already set a VPA, the primary VPA will be shown. Step 2: Click on the ‘Profile’ tab on the home screen. Here, the BHIM app is used for demonstration purposes. Step 1: Open the UPI app you have installed on your mobile device. On the other hand, you can check for the availability of a VPA that you would prefer and create one as you desire. The ‘bank name’ in the example can be the name of the bank your account is held with, or the name of the bank the app is associated with, or just the word ‘upi’.įor example, and can be a few examples of a VPA. The ‘abc’ part of the above example can be anything, such as your name, your registered mobile number, or things like that.
Pro Tip: Invest in direct funds pay 0% commission and earn upto 1.5% extra returnsĪ typical VPA looks something like Generally, a primary default VPA will be set by the UPI app you are working on.