New UPI rules from September 15: Transaction limit raised to Rs 10 lakh for selected category

The National Payments Corporation of India has notified a revised framework for UPI, enhancing the transaction limits for specified categories to facilitate high-value digital payments.

Under the revised framework, users can transfer up to Rs 10 lakh in 24 hours for specified merchant categories. The extended limit applies only to Person-to-Merchant (P2M) payments, while Person-to-Person (P2P) limits remain unchanged at Rs 1 lakh per day.

The notified changes will take effect from September 15, 2025.

Key Changes In UPI

For capital markets, insurance, and government e-marketplace payments, the limit now stands at Rs 5 lakh per transaction, with daily caps ranging from Rs 6 lakh to Rs 10 lakh. 

Travel bookings, credit card settlements, and loan repayments have also been enhanced to Rs 5 lakh per transaction. 

Jewellery purchases are permitted up to Rs 2 lakh, while term deposits through digital onboarding are capped at Rs 5 lakh. 

Digital account opening remains unchanged at Rs 2 lakh.

How Will The Change Help?

The revised UPI limits are expected to ease high-value transactions by enabling seamless EMI, insurance, and investment payments. Industry voices note that the move addresses merchant concerns, ensuring single-step digital checkouts with real-time settlements for large payments.