UPI UPDATE — 16 SEPTEMBER 2026UPI remains free for P2P transactions. Merchant transactions up to ₹2,000 remain free. Applicable P2M transactions above ₹2,000 can attract MDR from 15 October 2026 under the current framework.Read full update →

UPI Transaction Limits

Short answer

UPI limits are not a single number. They vary by bank, by app and by transaction category — categories such as IPO, insurance, healthcare, education, capital markets and tax payments have their own higher caps set under the applicable NPCI framework.

Last updated: 16 September 2026Last verified: 16 September 2026
We do not publish unverified limits
UPI limits may vary by bank, category and applicable NPCI rules. Rather than print numbers that may be stale for your bank, this page tells you which limit applies to which category and where to verify it.

Which limit applies to you

CategoryLimit set byWhere to verify
P2P transfersNPCI framework + your bankYour bank's UPI limit page / app
P2M paymentsNPCI framework + merchant categoryNPCI circular for the category
IPO applicationsCategory-specific higher capNPCI circular + your broker
Insurance premiumsCategory-specific higher capNPCI circular + insurer
HealthcareCategory-specific higher capNPCI circular + hospital
Education feesCategory-specific higher capNPCI circular + institution
Capital marketsCategory-specific higher capNPCI circular + broker
Tax paymentsCategory-specific higher capIncome Tax e-Pay Tax + your bank
Credit card bill paymentsBank specificCard issuer

✓ Official sourceNPCI UPI circulars · View · Verified 16 September 2026

Why a payment fails even when you are under the limit

  • New-payee cooling-off rules on first-time transfers.
  • A daily count limit (number of transactions) rather than a value limit.
  • App-level limits that are lower than the bank limit.
  • Category mismatch — a merchant not registered in the higher-limit category.

Related pages

This page is educational information, not professional tax, legal or financial advice. Rules can change — verify against the latest official notification or consult a qualified professional before acting.