What is the new rule for UPI payment?

The National Payments Corporation of India (NPCI) and the Reserve Bank of India (RBI) have introduced several updates to UPI rules. The general daily transaction limit remains ₹1 lakh. However, for specific categories like insurance, financial services, and capital markets, the per-transaction limit has been enhanced to up to ₹5 lakh. Furthermore, the overall cumulative daily limit for certain categories can now go up to ₹10 lakh.