RBI UPI New Limit: Our country India is the only country in the whole world in which a person can get the best and fast payment facility, the biggest reason for this is UPI. Today, with the help of UPI system, we can send money to anyone in just a few hundred rupees.
Almost every section of people in India use UPI, but if you use UPI then you will know that with the help of UPI system, you can transact only up to Rs 1 lakh in a day. But you will be very happy to know that recently RBI UPI New Limit has been released.
Through which now you can easily do transactions up to Rs 5 lakh in a day with the help of UPI payment system, but RBI has made some guidelines for this new limit and hence today in this article we will talk about RBI UPI New Limit. Will read complete information.
Now you can make payment up to Rs 5 lakh: RBI UPI New Limit
In its new guidelines, RBI has given permission to make payment up to Rs 5 lakh in a day through UPI, but you can use this payment of up to Rs 5 lakh only for making payments to Hospitals and Educational Institutions.
Apart from these, you cannot make payment up to Rs 5 lakh to anyone else through UPI. After this new update of RBI, many people will save time while making payments and people will be able to pay even such huge amounts very easily through UPI.
Limit for loan payment has also increased
Let us tell you that at present, for normal payment, RBI has set a limit of only Rs 1 lakh transactions for UPI in a day. But in this new update, RBI has also issued these guidelines that if any person makes payment through UPI for his Loan Bill, Credit Card Bill, Mutual Fund, then he will be given a limit of up to Rs 2 lakh.
That means through UPI you can easily make payment for Credit Card Bill and Mutual Funds up to Rs 2 lakh in a day.
After this new update of RBI, now more people will use UPI and the number of digital payments in India will also increase more than before, due to which Digital India itself will continue to be promoted.
Logo idea: RBI UPI New Limit
After this new update of RBI, many people are happy because while making payment through UPI, our time is also saved and very soon we can make any payment easily.
Therefore, after the increase in RBI UPI New Limit, there is a wave of happiness among the people, what are your thoughts regarding this new update, you can tell in the comment below.
We hope that from this article you would have got information about RBI UPI New Limit.