New UPI Rules From Today, September 15: NPCI Hikes UPI Transaction Limit to ₹5 Lakh and ₹10 Lakh for Key Categories – Full List Inside
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Unified Payments Interface (UPI), India’s most widely used digital payment system, has introduced new rules effective from September 15, 2025. The National Payments Corporation of India ( NPCI ) has announced an increase in UPI transaction limits for several categories, making high-value payments more convenient and seamless.
UPI Transaction Limit Hiked From September 15
The NPCI has raised UPI per-transaction limits for selected categories to ₹5 lakh and ₹10 lakh. These changes are aimed at supporting sectors where higher-value transactions are frequent, such as capital markets, insurance, government payments, and travel bookings.
According to NPCI, only verified merchants will be eligible for these enhanced limits, and acquiring banks must ensure compliance with updated UPI guidelines.
Updated UPI Transaction Limits: Full List
Here’s the detailed list of categories with their revised UPI transaction limits:
Person-to-Merchant (P2M) Transactions Limit Doubled
One of the biggest updates is the revision of Person-to-Merchant (P2M) transactions. From September 15, 2025, UPI users can make merchant payments of up to ₹10 lakh per transaction, offering greater flexibility for high-value purchases and services.
However, the Person-to-Person (P2P) transfer limit remains unchanged at ₹1 lakh per day, ensuring stability in peer-to-peer transactions.
Banks Retain Discretion on Internal Limits
While NPCI has set the overall ceiling, member banks are allowed to define their internal limits in line with their risk policies. This ensures flexibility while maintaining customer safety in high-value digital payments.
Why This Change Matters
The latest UPI rules mark a significant step towards strengthening India’s digital payment ecosystem. With enhanced limits of ₹5 lakh and ₹10 lakh, customers can now carry out larger and more secure transactions directly through UPI, reinforcing its role as the backbone of India’s cashless economy.
UPI Transaction Limit Hiked From September 15
The NPCI has raised UPI per-transaction limits for selected categories to ₹5 lakh and ₹10 lakh. These changes are aimed at supporting sectors where higher-value transactions are frequent, such as capital markets, insurance, government payments, and travel bookings.
According to NPCI, only verified merchants will be eligible for these enhanced limits, and acquiring banks must ensure compliance with updated UPI guidelines.
Updated UPI Transaction Limits: Full List
Here’s the detailed list of categories with their revised UPI transaction limits:
- Capital Market – Up to ₹10 lakh
- Insurance – Up to ₹10 lakh
- Government e-Marketplace (EMD Payments) – Up to ₹10 lakh
- Travel – Up to ₹10 lakh
- Credit Card Bill Payments – ₹6 lakh
- Collections – Up to ₹10 lakh
- Business/Merchant Transactions (including pre-approved payments) – ₹5 lakh
- Jewellery – ₹6 lakh (increased from ₹2 lakh)
- FX Retail with BBPS Platform – ₹5 lakh
- Digital Account Opening for Term Deposits – ₹5 lakh
- Digital Account Opening (Initial Funding) – ₹2 lakh
Person-to-Merchant (P2M) Transactions Limit Doubled
One of the biggest updates is the revision of Person-to-Merchant (P2M) transactions. From September 15, 2025, UPI users can make merchant payments of up to ₹10 lakh per transaction, offering greater flexibility for high-value purchases and services.
However, the Person-to-Person (P2P) transfer limit remains unchanged at ₹1 lakh per day, ensuring stability in peer-to-peer transactions.
Banks Retain Discretion on Internal Limits
While NPCI has set the overall ceiling, member banks are allowed to define their internal limits in line with their risk policies. This ensures flexibility while maintaining customer safety in high-value digital payments.
Why This Change Matters
- With UPI becoming the preferred digital payment method in India, the revised limits are expected to:
- Simplify high-value payments in sectors like travel, insurance, and investments.
- Boost merchant adoption of UPI for large-ticket transactions.
- Enhance customer convenience by reducing dependency on net banking and other payment modes for big purchases.
The latest UPI rules mark a significant step towards strengthening India’s digital payment ecosystem. With enhanced limits of ₹5 lakh and ₹10 lakh, customers can now carry out larger and more secure transactions directly through UPI, reinforcing its role as the backbone of India’s cashless economy.
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