Synopsis: The National Payments Corporation of India (NPCI) has revised UPI transaction limits effective from 15 September 2025, allowing payments up to ?5 lakh and ?10 lakh for select verified merchant categories. However, P2P transfers remain capped at ?1 lakh/day.
Starting today, 15 September 2025, new UPI transaction rules have come into effect. The National Payments Corporation of India (NPCI) has announced higher transaction limits for specific merchant categories, aimed at boosting high-value digital transactions.
According to NPCI’s latest circular, UPI transaction limits have been enhanced to ?5 lakh and ?10 lakh, depending on the category, with immediate compliance mandated for all member banks, apps, and PSPs.
Key Highlights Of The New UPI Rules
- Effective Date: 15 September 2025
- P2M (Person-to-Merchant) Limit: Raised from ?5 lakh to ?10 lakh for verified merchants.
- P2P (Person-to-Person) Transfers: Remain capped at ?1 lakh/day.
- Verified Merchants: Higher limits applicable only to merchants compliant with NPCI guidelines.
- Bank Discretion: Member banks can set their own internal limits within the overall ceilings prescribed by NPCI.
UPI Transaction Limits — Updated List
Impact For Customers
- Customers can now make high-value transactions such as insurance, investments, travel bookings, and jewellery purchases seamlessly via UPI.
- Businesses and service providers in verified categories stand to benefit from greater transaction flexibility.
- Daily P2P transfer caps remain unchanged, ensuring controlled peer transfers.
Disclaimer: This article is for informational purposes only and is based on NPCI’s latest circular. Customers are advised to check with their respective banks or UPI apps for specific implementation and applicable transaction limits.
