Yes, the Unified Payments Interface (UPI) has a daily limit set by the National Payments Corporation of India (NPCI). For standard transactions, the UPI daily limit is ₹1,00,000. This limit applies to all UPI transactions, including Person-to-Person (P2P) and Person-to-Merchant (P2M) payments. Some banks or apps, such as Paytm, adhere to this ₹1 lakh daily transfer limit. Enhanced limits of up to ₹5,00,000 are available for special categories like IPO applications.
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