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Limits on UPI 123 & UPI Lite
October 15 , 2024
38 days
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- RBI has announced an increase in transaction limits on UPI123 and UPI Lite.
- Currently, the per-transaction limit in UPI123Pay is capped at ₹5,000.
- RBI has decided to enhance the per-transaction limit to ₹10,000.
- Currently, UPI Lite has a limit of ₹500 per transaction and an overall ₹2,000 per UPI Lite wallet.
- It was hiked to a per-transaction limit of ₹1,000 and an overall wallet limit of ₹5,000.
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