With the help of UPI, transferring money has become easy today. Anyone can easily transfer money from one account to another by scanning the QR code with the help of UPI. Small to large amounts can be transferred using apps like Paytm, PhonePe and Google Pay. There is a limit on how much money you can transfer from one account to another in a day. Let us know how much amount you can transfer in a day with the help of UPI.
According to National Payments Corporation of India, a person can transfer Rs 1 lakh through UPI in a day. Most of the people are using Google Pay, Paytm and PhonePe for UPI transfer. In such a situation, the maximum transfer limit has been fixed on these platforms also, due to which you cannot transfer the maximum amount.
This much can be transferred through Amazon Pay
Amazon Pay does not allow transfer of more than Rs 1 lakh in a day through UPI, but the maximum limit has been set at Rs 5,000 for the first 24 hours of registering on Amazon Pay.
You can transfer this much money through Google Pay
Like Amazon Pay, you cannot transfer more than Rs 1 lakh to your account on Google Pay also. Apart from this, more than 10 transactions are not allowed in a day. This will be applicable to all UPI users.
Phone Pay
Under Phone Pay also, users can share amount up to Rs 1 lakh. This limit also depends on the bank account and the usage of the person.
Paytm
With the help of Paytm, a maximum amount of up to Rs 1 lakh can be transferred. Paytm allows transfer of Rs 20,000 in an hour. Also, a maximum of 5 transactions every hour and 20 transactions a day can be done with the help of Paytm UPI. Daily UPI limit also depends on the bank and account of the users.
Also read: How to block UPI ID after phone is stolen, otherwise loss may occur