Today, everyone—from customers to shopkeepers—is using UPI. You will likely see a UPI scanner at almost every shop near your house.
It has become a necessity for both shopkeepers and customers, and we now use UPI for almost every small or big payment.
Since UPI plays such an important role in our daily transactions, any changes in its rules affect us directly.
Starting 15 September, several new rules for UPI will come into effect. Let’s look at them one by one.
UPI New Rules Starting September 15
According to NPCI, the organization that manages UPI, the transaction limits for some categories have been increased. These changes are aimed at making it easier for bigger transactions, especially for businessmen.
Capital Market Investments and Insurance: The per-payment limit will increase from ₹2 lakh to ₹5 lakh. The maximum limit in a 24-hour period will be ₹10 lakh.
Government E-Marketplace and Tax Payments: The limit per transaction will rise from ₹1 lakh to ₹5 lakh.
Travel Bookings: To help with travel during Diwali, the limit per transaction will increase from ₹1 lakh to ₹5 lakh, with a daily limit of ₹10 lakh.
Credit Card Bill Payments: The per-payment limit will be ₹5 lakh, and the daily limit will be ₹6 lakh.
EMI Payments: The per-payment limit will be ₹5 lakh, with a daily limit of ₹10 lakh.
For general users, the UPI transaction limits will remain the same as before.
