Categories: Business

bank wise UPI transaction limit


bank wise UPI transaction limit

new Delhi. The National Payment Corporation of India has developed the UPI (Unified Payments Interface) to speed up fund transfer between people. Through this, any person can immediately send money from his bank account to another bank account or get the money. In this, the user can transact money only through UPI ID and PIN without giving account information.

The maximum limit for transfer of funds through UPI is currently Rs 1 lakh. However banks and financial institutions can fix their own payment limit and every day payment limit.

This post was published on August 28, 2020 6:56 pm

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