Usually, when we send money through UPI, the limit is ₹1 lakh per day.
But from 15 September 2025, NPCI (National Payments Corporation of India) has increased this limit for some specific types of payments.
Now, you can pay up to ₹10 lakh in 24 hours for transactions like tax payments, insurance premium, loan EMI, stock market investments, and more.
Why Was the Change Made?
The last date for paying income tax this year is 15 September 2025. To help taxpayers make large payments easily, NPCI has raised the UPI limit:
₹5 lakh per transaction
₹10 lakh per day
This will help people who earlier faced problems due to the low transaction cap.
Where Will the New Limit Apply?
The new rule applies only to P2M (Person to Merchant) transactions, such as payments to:
Insurance companies
Brokerage firms
Banks
Tax portals
???? For P2P (Person to Person) transfers, the limit will still remain ₹1 lakh per day.
Updated Limits for Different Categories
Tax Payments (MCC 9311): ₹5 lakh per transaction, ₹10 lakh per day
Insurance & Capital Markets: Earlier ₹2 lakh, now ₹5 lakh per transaction, ₹10 lakh per day
Loan EMI & B2B Collection: ₹5 lakh per transaction, ₹10 lakh per day
Credit Card Bill Payment: Earlier ₹2 lakh, now ₹5 lakh per transaction, daily limit ₹6 lakh
Foreign Exchange (FX Retail): ₹5 lakh per transaction
Digital Account & FD Opening: Limit raised to ₹5 lakh
Will All Banks Implement This?
NPCI has directed all banks, apps, and PSPs to adopt this limit.
However, each bank may set its own restrictions based on internal rules.
So, in some banks, the change may take time to appear, but most will apply it from 15 September.
What About IPO Payments?
If you are applying for an IPO (Initial Public Offering) using UPI, the limit will still be ₹5 lakh per transaction. The new ₹10 lakh daily limit will not apply here.
Who Will Benefit the Most?
Big businessmen and professionals who need to pay high-value taxes, EMIs, or insurance will benefit.
Regular consumers using UPI for FDs, digital savings accounts, or loan EMIs will also find this change useful.
