Nowadays, transfer of money with the help of UPI has become very easy. By scanning the QR code, anyone can easily send money from one account to another. By using apps like Paytm, PhonePe and Google Pay, you can transfer from small to large amount. However, there is a limit to the amount transferred from one account to another in one day. Let us know how much amount can be sent in a day through UPI.
According to the National Payments Corporation of India, a person can transfer a maximum of Rs 1 lakh a day through UPI. Currently, most people are using Google Pay, Paytm and PhonePe, due to which the maximum transfer limit on these platforms has also been determined.
Amazon Pay does not allow transfer of more than Rs 1 lakh a day through UPI. However, the maximum limit for the first 24 hours of registration on Amazon Pay has been fixed at Rs 5,000.
You cannot transfer more than 1 lakh rupees on Google Pay too. In addition, it is not allowed to make more than 10 times a day, which applies to all UPI users.
Under PhonePe, users can send an amount of up to Rs 1 lakh. This limit depends on a person’s bank account and use.
A maximum amount of up to Rs 1 lakh can be transferred through Paytm. Paytm provides the facility to transfer Rs 20,000 per hour. In addition, a maximum of 5 times can be made every hour and 20 transactions per day using Paytm UPI. The daily UPI border also depends on users’ banks and accounts.