What is the daily transaction limit for UPI

The daily transaction limit for most UPI transactions is ₹1,00,000 (one lakh rupees). This limit applies to transfers between people (P2P) and payments to merchants (P2M).\n\nHowever, for some special transactions like capital market payments, merchant collections, and IPO applications, the limit can be higher. For instance, IPO applications using UPI can go up to ₹5,00,000 (five lakh rupees). It's good to remember that your specific bank might have its own limits too!