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Payment Gateway Integration: All you Need to Know

Updated UPI Transaction Limit: SBI, ICICI, HDFC & other banks

Updated UPI Transaction Limit: SBI, ICICI, HDFC & other banks

UPI is the country's largest retail payment system in terms of transaction volume, showing that it is widely accepted, especially for small payments. UPI allows you to transfer money instantly from one bank account to another. All you need is an internet-enabled smartphone to send and / or send money via UPI. Banks process payments using the unique UPI ID of the sender and recipient of the funds. After downloading the banking application to your smartphone, you can create your own UPI ID.

UPI Transactions-Important Facts

  • You can link multiple bank accounts with the same UPI ID.
  • Once the UPI platform has processed the payment, you cannot cancel the payment.
  • If the UPI transaction fails, the money will be refunded to the source account.
  • You can download multiple UPI apps on the same phone and link the same account to different UPI apps.
  • UPI transactions can be started free of charge 24 hours a day.

What is the maximum limit for UPI transactions?

NPCI allows up to 20 UPI transactions per day and per user. NPCI has set a UPI transaction limit of Rs 10,000 per transaction. The daily UPI transaction limit applies only to remittances. The utility bill and the payment of the merchant's transaction are over the limit. The UPI app can only transfer up to 5,000 INR on the first transfer. The limit is valid for 24 hours after the first transaction. For bankable UPI apps, actual UPI transaction limits may vary from bank to bank. Some banks allow 2 UPI transactions per day and the limit is Rs 25,000 per transaction, while others allow 10 UPI transactions per day and UPI per transaction. The transaction limit is 10,000 rupees.

Main functions of UPI

  • Amount transfer by mobile phone. It is available 24 hours a day.
  • A single application for logging in to multiple bank accounts.
  • Two-factor authentication for added security.
  • Sharing invoices with friends.
  • There are no more "cash on delivery" issues, runs to ATMs, or exact changes.

UPI Transaction Limit

To ensure the safety and security of transactions, all the payment applications are regulated by the guidelines of RBI. Owing to the current rules and regulations, the present UPI transaction limit per day is Rs. 1 lakh per account, every 24 hours.

However, it is important to note that the actual UPI transaction limit varies from bank to bank, which may also restrict the amount that can be sent at a lower amount too. The maximum UPI transaction limit for the users is set by the bank itself. In case, a user tries to transact for the amount exceeding the daily limit, he/she will be notified with a message stating that “the maximum limit has been reached”. In such cases, the user will have to opt for another method of payment. Also, you can do a maximum of 10 payments from any bank account in a span of 24 hours.

The Reserve Bank of India (RBI) has proposed raising the trading limit for payments made through the Retail Direct Scheme and the Initial Public Offering (IPO) Application Unified Payment Interface (UPI) from Rs 2 lakh to Rs 5 lakh. The central bank will soon issue individual instructions to the National Payments Corporation of India (NPCI) in this regard. Investors bidding on primary market issues are now required to apply through the Unified Payment Interface (UPI). However, their trading limit was kept at Rs 2 lakh.

UPI Partner Bank-wise Limits

Bank Name Bank Type Sponsor Bank UPI Transaction limit UPI Transfer Limit (Daily)
Abhyudaya Co-operative Bank Cooperative NA ₹ 25,000 ₹ 25,000
Adarsh Co-operative Bank Ltd Cooperative HDFC Bank ₹ 50,000 ₹ 50,000
Aditya Birla Idea Payments Bank Payments Bank NA ₹ 1,00,000 ₹ 1,00,000
Airtel Payments Bank Payments Bank NA ₹ 1,00,000 ₹ 1,00,000
Allahabad Bank Public Sector Bank NA ₹ 25,000 ₹ 1,00,000
Allahabad UP Gramin Bank RRB Allahabad ₹ 20,000 ₹ 40,000
Andhra Bank Public Sector Bank NA ₹ 1,00,000 ₹ 1,00,000
Andhra Pradesh Grameena Vikas Bank RRB SBI ₹ 25,000 ₹ 1,00,000
Andhra Pragathi Grameena Bank RRB NA ₹ 10,000 ₹ 20,000
Apna Sahakari Bank Cooperative NA ₹ 1,00,000 ₹ 1,00,000
Assam Gramin VIkash Bank RRB United Bank of India ₹ 5,000 ₹ 25,000
Axis Bank Private NA ₹ 1,00,000 ₹ 1,00,000
Bandhan Bank Private NA ₹ 1,00,000 ₹ 1,00,000
Bank Of Baroda Public Sector Bank NA ₹ 25,000 Not Set
Bank Of India Public Sector Bank NA ₹ 10,000 ₹ 1,00,000
Bank of Maharashtra Public Sector Bank NA ₹ 1,00,000 ₹ 1,00,000
Baroda Gujarat Gramin Bank RRB Bank of Baroda ₹ 25,000 Not Set
Baroda Rajasthan Kshetriya Gramin Bank RRB BOB ₹ 25,000 ₹ 25,000
Baroda Uttar Pradesh Gramin Bank RRB BOB ₹ 25,000 ₹ 25,000
Bassein Catholic Coop Bank Cooperative NA ₹ 20,000 ₹ 40,000
Bhilwara Urban Co-operative Bank LTD Cooperative HDFC ₹ 25,000 ₹ 25,000
Canara Bank Public Sector Bank NA ₹ 10,000 ₹ 25,000
Catholic Syrian Bank Private NA ₹ 1,00,000 ₹ 1,00,000
Central Bank of India Public Sector Bank NA ₹ 25,000 ₹ 50,000
Bihar Gramin Bank RRB UCO Merged with DBGB Merged with DBGB
Central Bank of India Public Sector Bank NA ₹ 25,000 ₹ 50,000
Chaitanya Godavari Grameena Bank RRB Andhra Bank ₹ 25,000 ₹ 1,00,000
Chhattisgarh Rajya Gramin Bank RRB SBI ₹ 25,000 ₹ 1,00,000
Citibank Retail Foreign Bank NA ₹ 1,00,000 ₹ 1,00,000
City Union Bank Private NA ₹ 1,00,000 ₹ 1,00,000
COASTAL LOCAL AREA BANK LTD Cooperative BOM ₹ 50,000 ₹ 1,00,000
Corporation Bank Public Sector Bank NA ₹ 50,000 ₹ 1,00,000
DBS Digi Bank Foreign Bank NA ₹ 1,00,000 ₹ 1,00,000
DCB Bank Private NA ₹ 5,000 ₹ 5,000
Dena Bank Public Sector Bank NA ₹ 1,00,000 ₹ 1,00,000
Dena Gujarat Gramin Bank RRB Dena NA (Merged) NA (Merged)
Deutsche Bank AG (Web Collect) Foreign Bank NA NA NA
Dhanlaxmi Bank Ltd Private NA ₹ 1,00,000 ₹ 1,00,000
Dombivli Nagari Sahakari Bank Cooperative NA ₹ 1,00,000 ₹ 1,00,000
Equitas Small Finance Bank Small Finance Bank NA ₹ 25,000 ₹ 1,00,000
ESAF Small Finance Bank Small Finance Bank NA ₹ 1,00,000 ₹ 1,00,000
Federal Bank Private NA ₹ 1,00,000 ₹ 1,00,000
FINO Payments Bank Payments Bank NA ₹ 1,00,000 ₹ 1,00,000
G P Parsik Bank Cooperative NA ₹ 1,00,000 ₹ 1,00,000
HDFC Private NA ₹ 1,00,000 (RS 5000 for new customer) ₹ 1,00,000
Himachal Pradesh Gramin Bank RRB PNB ₹ 50,000 ₹ 50,000
HSBC Foreign Bank NA ₹ 1,00,000 ₹ 1,00,000
Hutatma Sahakari Bank Ltd Cooperative ICIC Bank ₹ 1,00,000 ₹ 1,00,000
ICICI Bank Private NA ₹ 10,000 (25000 for Google Pay users) ₹ 10,000 (25000 for Google Pay users)
IDFC Private NA ₹ 1,00,000 ₹ 1,00,000
India Post Payment Bank Payments Bank NA ₹ 25,000 ₹ 50,000
Indian Bank Public Sector Bank NA ₹ 25,000 ₹ 50,000
Indian Overseas Bank Public Sector Bank NA ₹ 10,000 ₹ 20,000
IndusInd Bank Private NA ₹ 1,00,000 ₹ 1,00,000
J&K Grameen Bank RRB J & K ₹ 20,000 ₹ 20,000
Jalgaon Janata Sahakari Bank Cooperative NA ₹ 1,00,000 ₹ 1,00,000
Jalgaon Janata Sahakari Bank Cooperative NA ₹ 1,00,000 ₹ 1,00,000
Jammu & Kashmir Bank Private NA ₹ 20,000 ₹ 20,000
Jana Small Finance Bank Small Finance Bank NA ₹ 10,000 ₹ 40,000
Janata Sahakari Bank Pune Cooperative NA ₹ 1,00,000 ₹ 1,00,000
Jio Payments Bank Payments Bank NA ₹ 1,00,000 ₹ 1,00,000
Kallappanna Awade Ichalkaranji Janata Sahakari Bank Ltd. Cooperative NA ₹ 25,000 ₹ 2,00,000
Karnataka Bank Private NA ₹ 1,00,000 ₹ 2,00,000
Karnataka vikas Gramin Bank RRB NA ₹ 25,000 ₹ 25,000
Karur Vysya Bank Private NA ₹ 1,00,000 ₹ 1,00,000
Kashi Gomti Samyut Gramin Bank RRB NA ₹ 1,00,000 ₹ 1,00,000
Kaveri Grameena Bank RRB SBI ₹ 25,000 ₹ 25,000
Kerala Gramin Bank RRB NA ₹ 20,000 ₹ 20,000
Kotak Mahindra Bank Private NA ₹ 1,00,000 ₹ 1,00,000
Langpi Dehangi Rural Bank RRB SBI ₹ 10,000 ₹ 1,00,000
Madhya Bihar Gramin Bank RRB PNB ₹ 25,000 ₹ 1,00,000
Maharashtra Gramin Bank RRB BOM ₹ 25,000 ₹ 1,00,000
Maharashtra state co opp Bank Cooperative NA ₹ 5,000 ₹ 50,000
Malwa Gramin Bank (Bank merged with Punjab Gramin Bank) RRB SBI ₹ 10,000 ₹ 25,000
Manipur Rural Bank RRB SBI ₹ 10,000 ₹ 10,000
Maratha co opp Bank Cooperative NA ₹ 1,00,000 ₹ 1,00,000
Maratha co opp Bank Cooperative NA ₹ 1,00,000 ₹ 1,00,000
Meghalaya Rural Bank Foreign Bank SBI ₹ 1,00,000 ₹ 1,00,000
Mizoram Rural Bank RRB SBI ₹ 25,000 ₹ 1,00,000
NKGSB CO-Op. Bank Ltd. Cooperative NA ₹ 20,000 ₹ 40,000
Oriental Bank of Commerce Public Sector Bank NA ₹ 1,00,000 ₹ 1,00,000
Paschim Banga Gramin Bank RRB UCO ₹ 5,000 ₹ 25,000
Paytm Payments Bank Payments Bank NA ₹ 1,00,000 ₹ 1,00,000
Pragathi Krishna Gramin Bank RRB NA ₹ 20,000 ₹ 20,000
Prathama Bank RRB NA ₹ 10,000 ₹ 50,000
Punjab and Maharashtra Co. bank Cooperative NA ₹ 1,00,000 ₹ 1,00,000
Punjab and Sind Bank Public Sector Bank NA ₹ 10,000 ₹ 10,000
Punjab Gramin Bank RRB PNB ₹ 10,000 ₹ 25,000
Punjab National Bank Public Sector Bank NA ₹ 25,000 ₹ 50,000
Purvanchal Bank RRB SBI ₹ 25,000 ₹ 1,00,000
Rajasthan Marudhara Gramin Bank RRB SBI ₹ 25,000 ₹ 25,000
Rajkot Nagari Sahakari Bank Ltd Cooperative NA ₹ 1,00,000 ₹ 1,00,000
Samruddhi Co-op bank ltd Cooperative TJSB ₹ 1,00,000 ₹ 1,00,000
Sarva Haryana Gramin Bank RRB PNB ₹ 50,000 ₹ 1,00,000
Sarva UP Gramin Bank RRB PNB ₹ 50,000 ₹ 1,00,000
Saurashtra Gramin Bank RRB SBI ₹ 20,000 ₹ 1,00,000
Shree Kadi Nagarik Sahakari Bank Ltd. Cooperative Yes Bank ₹ 1,00,000 ₹ 1,00,000
South Indian Bank Private NA ₹ 1,00,000 ₹ 1,00,000
Standard Chartered Foreign Bank NA ₹ 1,00,000 ₹ 1,00,000
State Bank Of India Public Sector Bank NA ₹ 1,00,000 ₹ 1,00,000
Suco Souharda Sahakari bank Cooperative ICICI Bank ₹ 1,00,000 ₹ 1,00,000
Suryoday Small Finance Bank Ltd Small Finance Bank NA ₹ 1,00,000 ₹ 1,00,000
Suvarnayug Sahakari Bank ltd Cooperative HDFC ₹ 1,00,000 ₹ 1,00,000
Syndicate Bank Public Sector Bank NA ₹ 10,000 ₹ 1,00,000
Tamilnadu Mercantile Bank Private NA ₹ 20,000 ₹ 1,00,000
Telangana Gramin Bank RRB SBI ₹ 25,000 ₹ 1,00,000
Telangana State Cooperative Apex Bank Cooperative IDBI ₹ 10,000 ₹ 1,00,000
Thane Bharat Sahakari Bank Cooperative NA ₹ 1,00,000 ₹ 1,00,000
The Cosmos Co-Operative Bank LTD Cooperative NA ₹ 10,000 ₹ 50,000
The Co-Operative Urban Bank Cooperative NA ₹ 25,000 ₹ 25,000
The Ahmedabad District Co-operative Bank Ltd Cooperative GSCB ₹ 10,000 ₹ 25,000
The Andhra Pradesh state cooperative Cooperative NA ₹ 100,000 ₹ 1,00,000
The Baroda Central Co-operative bank ltd. Cooperative GSCB ₹ 15,000 ₹ 1,00,000
The Gujarat State Co-operative Bank Limited Cooperative NA ₹ 50,000 ₹ 1,00,000
The Hasti Co-operative Bank Ltd Cooperative NA ₹ 1,00,000 ₹ 1,00,000
The KalyaCo-opapplya Sahkari Bank Cooperative NA ₹ 1,00,000 ₹ 1,00,000
The Lakshmi Vilas Bank Limited Private NA ₹ 1,00,000 ₹ 1,00,000
The Mahanagar Co-Op. Bank Ltd Cooperative NA ₹ 25,000 ₹ 50,000
The Malad Sahakari Bank Ltd. Cooperative PMCO ₹ 10,000 ₹ 50,000
The Mehsana Urban Co-Operative Bank Cooperative NA ₹ 1,00,000 ₹ 1,00,000
The Municipal Co-op Bank Ltd. Cooperative NA ₹ 5,000 ₹ 50,000
The Muslim Co-Operative Bank Ltd Cooperative HDFC ₹ 1,00,000 ₹ 1,00,000
The Nainital Bank Ltd Private NA ₹ 20,000 ₹ 40,000
The Ratnakar Bank Limited Private NA ₹ 25,000 ₹ 25,000
The Saraswat Co-Operative Bank Private NA ₹ 1,00,000 ₹ 1,00,000
The Surat Peoples Co-Op. Bank Ltd Cooperative NA ₹ 25,000 ₹ 1,00,000
The Sutex Co-op Bank Cooperative ICICI Bank ₹ 1,00,000 ₹ 1,00,000
The SVC Co-Operative Bank Ltd Cooperative NA ₹ 10,000 ₹ 20,000
The Thane Janta Sahakari Bank Ltd (TJSB) Cooperative NA ₹ 1,00,000 ₹ 1,00,000
The Udaipur Mahila Samridhi Urban Co-op Bank Ltd Cooperative ICICI Bank ₹ 1,00,000 ₹ 1,00,000
The Udaipur Mahila Urban Co-op Bank Ltd Cooperative NA ₹ 1,00,000 ₹ 1,00,000
The Urban Cooperative Bank Ltd Dharangaon Cooperative ICICI Bank ₹ 20,000 ₹ 25,000
The Varachha Co-op Bank Ltd. Cooperative NA ₹ 20,000 ₹ 40,000
The Vijay Cooperative Bank Ltd Cooperative ICIC Bank ₹ 20,000 ₹ 2,00,000
The Vishweshwar Sahakari Bank Ltd Cooperative NA ₹ 1,00,000 ₹ 1,00,000
Tripura Gramin Bank RRB SBI ₹ 10,000 ₹ 10,000
UCO Bank Public Sector Bank NA ₹ 1,00,000 ₹ 1,00,000
Ujjivan Small Finance Bank Limited Small Finance Bank Limited NA ₹ 50,000 ₹ 1,00,000
Union Bank of India Public Sector Bank NA ₹ 1,00,000 ₹ 2,00,000
United Bank of India Public Sector Bank NA ₹ 25,000 ₹ 60,000
Uttarakhand Gramin Bank RRB SBI ₹ 20,000 ₹ 20,000
Vasai Vikas Co-op Bank Ltd Cooperative NA ₹ 1,00,000 ₹ 1,00,000
Vijaya Bank Public Sector Bank NA ₹ 25,000 ₹ 50,000
Yes Bank Private NA ₹ 1,00,000 ₹ 1,00,000

UPI AutoPay

NPCI has developed UPI AutoPay for recurring payments. This new feature allows customers to activate recurring mandates with recurring cost UPI applications such as phone charges, Netflix, OTT charges, WIFI charges, electricity charges, and EMI charges. Below is a list of banks and partners as of date:

Live Issuer Bank Live UPI Apps
Axis Bank BHIM
Bank of Baroda Paytm, BHIM
ICICI Bank Gpay, PhonePe
IDFC Bank BHIM
Indusind Bank BHIM
HDFC Bank Gpay, PhonePe, Paytm
Paytm Bank Paytm, BHIM
HSBC Bank HSBC SimplyPay

Conclusion

UPI has made digital payments very convenient and easy. You don't have to remember your bank account number or someone else's number. All you have to do is enter the recipient's virtual payment address or mobile number. This secure method has become one of the most common ways to send and receive cash online. However, you can send money faster without incurring fees than using existing NEFT and RTGS features. It is important to know the UPI limits, as UPI-enabled banking transactions are unique in the world.

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