New UPI rules to kick off from Sept 15: Here’s what’s changing
The National Payments Corporation of India (NPCI) is implementing higher limits for Unified Payments Interface (UPI) transactions in select categories, making it easier for people and businesses to make large digital payments.
The new rules will come into effect from September 15, 2025.
The new changes will apply to Person-to-Merchant (P2M) transactions such as paying insurance, loan EMIs, or investing in markets. The daily limit for Person-to-Person (P2P) transfers, like sending money to family or friends, remains unchanged at Rs 1 lakh per day.
What’s changing in UPI limits
- Capital market investments and insurance: Transaction limit will be raised from Rs 2 lakh to Rs 5 lakh per payment, with a maximum of Rs 10 lakh in 24 hours.
- Government e-marketplace and tax payments: Revised cap will be Rs 5 lakh per transaction, up from Rs 1 lakh.
- Travel bookings: Limit will be increased from Rs 1 lakh to Rs 5 lakh per transaction, with a daily cap of Rs 10 lakh.
- Credit card bill payments: Transactions can be done up to Rs 5 lakh in one go, though the daily limit will be capped at Rs 6 lakh.
- Loan and EMI collections: Increased to Rs 5 lakh per transaction, with a daily maximum of Rs 10 lakh.
- Jewellery purchases: Limit will be doubled from Rs 1 lakh to Rs 2 lakh per transaction, with a daily cap of Rs 6 lakh.
- Term deposits (digital onboarding): Will be increased to Rs 5 lakh per transaction, up from Rs 2 lakh.
- Digital account opening: No change, stays at Rs 2 lakh.
- Foreign exchange payments via BBPS: Will now permitted up to Rs 5 lakh per transaction, capped at Rs 5 lakh daily.
