UPI Limits and RulesUPI transaction limits by category
NPCI circular OC 185B of 28 August 2025 raised the per-transaction limit for payments to verified merchants in eleven categories. The table is Annexure I of that circular, read on 13 November 2026. The limits applied from 15 September 2025.
| Category | Merchant category code | Per transaction | Cumulative, 24 hours |
|---|---|---|---|
| Capital market | 6211 | ₹5 lakh | ₹10 lakh |
| Insurance | 5960, 6300, 6529 | ₹5 lakh | ₹10 lakh |
| Government e-Marketplace (EMD payments) | 9311 | ₹5 lakh | ₹10 lakh |
| Travel | 4722 | ₹5 lakh | ₹10 lakh |
| Credit card bill payments | 5413 | ₹5 lakh | ₹6 lakh |
| Collections | 7322 | ₹5 lakh | ₹10 lakh |
| Business / merchant (including pre-approved payments) | Payer MCC not 0000 and purpose code 20 or 15 | ₹5 lakh | NA in the circular (no cumulative limit given) |
| Jewellery | 5944 | ₹2 lakh | ₹6 lakh |
| Foreign exchange retail through the BBPS platform | MCC 6012, purpose code BF (regular UPI) or 01 (one-time mandate) | ₹5 lakh | ₹5 lakh |
| Digital account opening for term deposits | 7410 (new MCC) | ₹5 lakh | ₹5 lakh |
| Digital account opening, initial funding | 7409 (new MCC) | ₹2 lakh | ₹2 lakh |
How to read it
- The enhanced limits are for merchants categorised as "Verified Merchant", and acquiring banks must give them only to merchants that follow NPCI’s UPI guidelines.
- Member banks may keep their own, lower internal limits within NPCI’s ceilings, so your app or bank can show less than the table.
- The cumulative limit is kept by the issuing bank, which is why your 24-hour total can stop a payment even when each one is within the per-transaction limit.
- NPCI’s earlier circular OC 185A (24 August 2024) had already raised the limit to ₹5 lakh for tax-payment categories.
- The limit for person-to-person payments is not changed by this circular and is not stated in it.
Common questions
What is the highest UPI limit?
NPCI circular OC 185B sets ₹5 lakh per transaction for most of the categories in its table, with a cumulative limit of ₹10 lakh in 24 hours for capital market, insurance, e-marketplace, travel and collections payments. It applies to verified merchants in those categories, not to every payment.
Does the higher limit apply to payments to friends?
No. The circular says the per-transaction limit for person-to-person payments continues as per the existing guidelines and states no figure.
Sources
- NPCI circular NPCI/UPI/2025-26/OC/185B, 28 August 2025, "Addendum to OC 185 A – Implementation of higher per transaction limit for specific categories in UPI" (Annexure I), read on 13 November 2026 from the PDF on npci.org.in.
- NPCI circular NPCI/UPI/OC-226A/2026-27, 3 July 2026, "Enhancement of Transaction Limit for On-Device Biometric Authentication in UPI".
- NPCI circular NPCI/UPI/OC No. 240/2026-27, 4 November 2026, "Standardization of Dispute Management Rules in URCS".
- Reserve Bank of India, DPSS.CO.PD No.629/02.01.014/2019-20, 20 September 2019, "Harmonisation of Turn Around Time (TAT) and customer compensation for failed transactions using authorised Payment Systems" (rbi.org.in), read on 13 November 2026.
Figures read on 13 November 2026 from the NPCI and RBI circulars named above. Limits and rules change by circular: check your bank or app for the limit that applies to you. This site is independent, not connected with NPCI, RBI or any bank, and gives information, not advice.