Transferring money has become easy in today’s time with the help of UPI. One can easily transfer money from one account to another by scanning the QR code with the help of UPI. Small to large amounts can be transferred using apps like Paytm, PhonePe and Google Pay.
If you are also using apps like Paytm, PhonePe and Google Pay to transfer money from UPI, then know about the maximum money transfer limit in a day (Amount Transfer Limit via UPI in Single Day). should. In a day, you can transfer money from one account to another up to a limit. Let us know how much amount you can share in a day with the help of UPI.
What is the maximum money transfer limit
According to the National Payments Corporation of India (NPCI), a person can transfer Rs 1 lakh through UPI during a day. Most of the people are using Google Pay, Paytm and PhonePe for UPI transfer. In such a situation, the maximum transfer limit has been fixed on these platforms as well, due to which you cannot transfer the maximum amount.
Amazon Pay does not allow transfer of more than 1 lakh amount during a day from UPI, but a maximum limit of Rs 5,000 has been set for the first 24 hours of registration on Amazon Pay.
Like Amazon Pay, you cannot transfer more than Rs 1 lakh to Google Pay account. Apart from this, it has also not been allowed to do transactions more than 10 times in a day. This will be applicable to all UPI users.
Under Phone Pay also, users can share an amount of up to Rs 1 lakh. This limit also depends on the usage of the bank account and the person.
With the help of Paytm, the maximum amount up to Rs 1 lakh can be transferred. Paytm allows transfer of Rs 20,000 in an hour. Also, a maximum of 5 times every hour and 20 transactions in a day can be done with the help of Paytm UPI. Daily UPI limit also depends on the bank and account of the users.