The UPI Payment Limit Has Been Set, And All Banks, Including HDFC, SBI, And ICICI, Are Aware Of The New Restriction Instantly.

UPI Payment: The maximum amount that may be sent using UPI has been set by all of these banks, including HDFC, SBI, and ICICI. Let’s review the news items below regarding the banks’ combined UPI sending limit. People’s lives are now more simpler thanks to online payments. Without a lot of cash, you may simply pay anyone through your mobile device, but many people wonder what the maximum amount that can be paid through UPI is. Please explain; it depends on the bank. HDFC, ICICI, and other banks have established its various restrictions. Beyond this point, no further money can be exchanged.

Describe UPI.

Unified Payments Interface (UPI), according to the National Payments Corporation of India (NPCI), is a technology that makes it simple to connect your various financial accounts using a single mobile app. The main characteristic is the recipient of the money transfers. Just enter his number and your UPI PIN to send money quickly. A user can send a maximum of one lakh rupees from his account through UPI, according to NPCI. The maximum varies from bank to bank, though. The comprehensive list of UPI restrictions for the country’s top banks has been made public by Google Pay. Tell us more.

UPI payment limit of banks on Google Pay

• The State Bank of India has a Rs 1 lakh UPI transaction cap.
• The HDFC Bank has set a Rs 1 lakh cap on UPI transactions. Nevertheless, this restriction is only 5,000 rupees for brand-new clients.
• Customers of ICICI Bank can conduct UPI transactions up to a maximum of Rs 10,000; however, for Google Pay users, this cap has been set at Rs 25,000.
• The UPI transaction cap set by Axis Bank is Rs 1 lakh.
• The Bank of Baroda has set the UPI transaction cap at Rs 25,000.

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