UPI Limit: If you also use UPI for every small thing then this news is going to be very useful for you. In this news we are going to tell you how much money can be sent through UPI?
In today’s time, we use UPI for payment of every small item. UPI proves to be very helpful in our daily life. Digital payment is very popular in India. UPI has become the most used tool. Along with being easy for payment, UPI is also easy for fraudsters to carry out fraud.
But did this question come to your mind that how much payment can we make through UPI. What is the payment limit? Let us know what is the last limit for payment in RBI guidelines?
RBI has increased the tax rate on transactions done through UPI from 1 lakh to 5 lakh. In this, property tax, advance tax and individual income tax payers can pay up to 5 lakh rupees in a single transaction. And property tax, advance tax and individual income tax payers can pay up to 5 lakh rupees in a single transaction. The limit for making payment to any person is only 1 lakh rupees.
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