Limit of UPI Transactions in 2023: SBI, HDFC, ICICI, and 105 Other Banks (List Revised)

The question that is frequently asked by many individuals is the maximum limit for UPI transactions in a month!

It can be stated that there is no specific limit for UPI transactions in a month, but there is a limit for daily transfers.

The UPI transaction limit for a single day is set at Rs 1 lakh, as per the regulations of the National Payments Corporation of India (NPCI), which is the entity regulated by the Reserve Bank of India (RBI) responsible for developing the UPI system. However, it is important to note that the maximum limit may vary from one bank to another.

The UPI transaction limit can be divided into two categories:

1. Transaction Amount Limit: This refers to the maximum amount of money that can be transferred through UPI in a single transaction.

2. Frequency Limit: This determines the number of UPI transactions that an individual can perform in a day.

Each bank within the UPI network is responsible for defining the UPI transaction limit per day, which means that the limit may differ from bank to bank. For instance, the State Bank of India (SBI) has set its UPI transaction limit per day at Rs 1,00,000.

In addition to the daily limit, some banks have also defined limits for weekly transactions. For example, the IDFC Bank has set its UPI transaction limit per week at Rs 1,00,000.

Certain public sector banks and recognized private banks have imposed a UPI transaction limit per month. For instance, the IDFC Bank has set the UPI transaction limit per month at Rs 30,00,000, while SBI has not set any specific limit.

Although there is a standard UPI limit set by the RBI, it is important to note that until all banks adhere to this limit, most banks will have varying transaction limits for UPI. Here is the UPI transaction limit for major banks in India:

Bank name | Bank Type | Sponsor bank | UPI transaction limit | UPI daily limit

------------|---------------|------------------|--------------------------|------------------

Abhyudaya Co-Operative Bank | Cooperative | NA | Rs 25,000 | Rs 25,000

Adarsh Co-Op Bank Ltd | Cooperative | HDFC Bank | Rs 50,000 | Rs 50,000

Aditya Birla Idea Payments Bank | Payments Bank | NA | Rs 1,00,000 | Rs 1,00,000

Airtel Payments Bank | Payments Bank | NA | Rs 1,00,000 | Rs 1,00,000

Allahabad Bank | Public Sector Bank | NA | Rs 25,000 | Rs 1,00,000

Allahabad UP Gramin Bank | RRB | Allahabad | Rs 20,000 | Rs 40,000

Andhra Bank | Public Sector Bank | NA | Rs 1,00,000 | Rs 1,00,000

This list continues for all major banks in India.

For PhonePe specifically, the transaction limit per day is Rs 1,00,000, and users can perform a maximum of 20 transactions in a 24-hour period.

Explore this blog post to gain more insights into the daily transaction limit for PhonePe.

• The maximum limit for a single transaction using SBI UPI is Rs 100,000, as determined by NPCI.
• The daily UPI transaction limit for SBI is also Rs 100,000, regardless of whether it is a single transfer or multiple transfers (up to a maximum of 10 transfers).
• There are no limits for the weekly or monthly value of UPI transfers.

• The transaction limit per transfer for ICICI is Rs 10,000.
• The daily UPI transaction limit for ICICI is also Rs 10,000.
• There are no limits for the weekly or monthly value of UPI transfers.

Utilize Cashfree Payouts to send money to any UPI ID, bank account, Paytm wallet, or AmazonPay, without any UPI transaction day frequency limits.

UPI is poised to become the dominant mode of payment for both person-to-person (P2P) and person-to-merchant (P2M) transactions.

At Cashfree, we have always recognized UPI as a transformative influence within the Indian payments ecosystem and promptly embraced its potential.

Here are some of the key features offered by a UPI payment gateway:

Currently, Cashfree offers the most comprehensive range of UPI integration options compared to other payment companies. Find out more here: How can I accept UPI payments on my website or mobile app?

If you wish to integrate UPI into your website or mobile app to facilitate payment acceptance, you can complete this form and ask any queries you may have.