UPI Raises Transaction Limits: Now Pay Up to ₹10 Lakh for Big Purchases

Updated on: 16 Sept 2025, 11:19 pm IST

From Sept 16, UPI allows high-value payments up to ₹10 lakh for insurance, investments, travel, jewellery, and more, making large spends seamless.

Starting September 16, India’s most popular digital payments system, UPI, now supports much higher transaction limits. The National Payments Corporation of India (NPCI) has raised caps across several categories, making it easier to pay large amounts instantly without switching to net banking or RTGS.

New Transaction Limits

Insurance premiums & capital market investments: ₹5 lakh per transaction, up to ₹10 lakh daily
Government e-Marketplace & travel bookings: ₹5 lakh per transaction, up to ₹10 lakh daily
Credit card bills & jewellery purchases: ₹5 lakh per transaction, daily cap of ₹6 lakh
Business/merchant transactions: ₹5 lakh per transaction, no daily cap
Foreign exchange (BBPS): ₹5 lakh per transaction, ₹5 lakh daily
Digital account opening: ₹2 lakh per transaction, ₹2 lakh daily
Peer-to-peer transfers & regular merchant payments: remain capped at ₹1 lakh

Why This Matters

Earlier, customers had to rely on bank transfers or RTGS for payments above ₹1 lakh. With these new limits, large insurance premiums, SIP lump sums, jewellery shopping, and festive travel bookings can now be made instantly via UPI.

Conclusion

With these changes, UPI is evolving beyond being just a tool for small daily payments. By enabling high-value transactions, it is positioning itself as a one-stop solution for everything from festive shopping to major financial commitments, all while offering the convenience, speed, and security users have come to trust.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Published on: Sep 16, 2025, 5:46 PM IST