NPCI Raises UPI Limit To Rs 10 Lakh/Day On Select Transactions From September 15; Check Complete List Here

Ahead of the festive season, the National Payments Corporation of India (NPCI) has made a significant announcement for UPI users: the daily transaction limit will be increased to Rs 10 lakh for some categories as of September 15, 2025. The goal of this action is to enable smooth business payments, high-value digital transactions, and big-ticket expenses.

Capital markets, insurance, government e-marketplace (EMD) payments, travel, credit card payments, collections, business/merchant payments, and FX Retail via BBPS have all been given a per-transaction cap of Rs 5 lakh. For categories including Capital Markets, Insurance, Government e-Marketplace, Travel, and Collections, the new daily cumulative limit has been raised to Rs 10 lakh in a 24-hour period.

While jewelry purchases have a daily limitation of Rs 6 lakh and a per-transaction cap of Rs 2 lakh, credit card payments have a daily limit of Rs 6 lakh. The initial investment ceiling for new accounts is Rs 2 lakh, whereas the maximum for digital account establishment is Rs 5 lakh per transaction.

"Effective from 15th September, now make high-value payments seamlessly with UPI! NPCI has increased the transaction limit to ₹10 lakh within 24 hours for categories like insurance premiums & capital markets, making big payments easier and faster than ever," as posted by BHIM on X (formerly Twitter).

As per a statement dated 24th August 2025, NPCI said it has increased the per transaction limits for entities under categories aligned to tax payments to Rs 5 lakh. Capital market payments, insurance, government e-marketplace, travel, and credit card bill payments are among the categories that are subject to the new limitations.

The per-transaction limit for peer-to-peer (P2P) payments remains unchanged. Member banks and payment service providers (PSPs) were instructed to implement the necessary changes by September 15, 2025. The enhanced limits were implemented in response to market demand for higher transaction limits for a wider range of UPI transactions.

"With UPI emerging as a preferred payment method, there are requirements from the market on extending higher per transaction limits for additional categories of transactions in UPI," NPCI stated.

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"An important turning point in India's digital financial journey has been reached with the increase of the UPI transaction limit to Rs 10 lakh for high-value transactions in sectors like capital markets and insurance. The increase demonstrates an additional level of confidence in the platform's scale and dependability, as UPI processes over 11 billion transactions per month as of August 2025," said Mr Pankaj Tripathi, Founder and CEO of Vernost.

"This shift also allows for greater financial inclusion. As digital adoption in Tier 2 and Tier 3 cities increases, the possibilities for easy access to mass scale payments is essential. Businesses now have a chance to rethink customer journeys with instantaneous high-value payments directly in their platforms," Mr Pankaj Tripathi further added.

NPCI New UPI Limits

Category	Enhanced Limits (Per Transaction)	New Cumulative Limits (24 Hours)
Capital Markets (Investments)	₹5 lakh	₹10 lakh
Insurance	₹5 lakh	₹10 lakh
Government e-Market Place (EMD Payments)	₹5 lakh	₹10 lakh
Travel	₹5 lakh	₹10 lakh
Credit Card Payments	₹5 lakh	₹6 lakh
Collections	₹5 lakh	₹10 lakh
Jewellery	₹2 lakh	₹6 lakh
Business / Merchant	₹5 lakh	--
FX Retail via BBPS	₹5 lakh	₹5 lakh
Digital Account Opening	₹5 lakh	₹5 lakh
Digital Account Opening - Initial Funding	₹2 lakh	₹2 lakh
Source: NPCI

High-value industries, particularly in the realms of insurance and capital markets, tended to use NEFT, RTGS, or manual processes for high-value payments which lead to delays and operational challenges. Sending these payments via UPI will allow for speed and convenience while increasing transparency and reducing settlement risk.

The National Payments Corporation of India (NPCI) released data showing that UPI transactions increased 2.8% month on month to 20.01 billion in August, setting a new record.