What is the 24 hour limit for UPI?

The standard UPI daily transaction limit, or 24-hour limit, is ₹1,00,000 INR per day for most standard transactions, as set by the National Payments Corporation of India (NPCI) regulations. This limit applies to both person-to-person and person-to-merchant payments. However, higher limits are available for specific categories: ₹2,00,000 for insurance and capital markets, and ₹5,00,000 for IPO applications and RBI Retail Direct schemes.