Why is my UPI limit 5000 per day?

The ₹5,000 UPI limit per day often applies to new users as a security measure during a "cooling period." For example, some banks set this limit for the first 24 hours after setting the UPI PIN. Additionally, some specific banks or certain UPI services (like UPI 123Pay or UPI Lite wallet balance) have lower daily limits. Standard daily UPI limits are generally ₹1 lakh.