Can I transfer 2 lakh in UPI?

The standard maximum daily transfer limit across all UPI transactions is ₹1 lakh (one lakh rupees). This applies to most Person-to-Person (P2P) and Person-to-Merchant (P2M) payments. However, higher per-transaction limits of up to ₹2 lakh are available for specific categories such as capital markets, insurance premiums, and collections, as per NPCI guidelines.