TNPSC Thervupettagam

New UPI Lite Limit 2024

December 11 , 2024 15 hrs 0 min 45 0
  • RBI has enhanced the transaction threshold for offline digital payments made via UPI Lite.
  • The per-transaction UPI Lite ceiling has been increased from Rs 500 to Rs 1,000.
  • The total wallet capacity for the UPI Lite has been expanded from Rs 2,000 to Rs 5,000.
  • The per-transaction limit in UPI123Pay increased from Rs 5,000 to Rs 10,000.
  • The UPI Lite enables users to complete low-value purchases without requiring internet connectivity.

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