Unified Payments Interface (UPI) is a unique invention by the National Payments Corporation of India (NPCI) that allows you to send and receive money from the customers of any bank account. UPI makes online transactions easy and time-saving.
HDFC Bank's customers can also use the UPI facility once they register by following all the guidelines. However, UPI has some transaction limits, and you can not make more transactions after that.
Keep reading this article to know everything aboutthe HDFC UPI limitand have a hassle-free transaction experience.
HDFC UPI Limit
UPI transactions are hitting new records every month in India due to its simple money transfer concept. NPCI has created several guidelines to regulate the expansion of the digital payment ecosystem in the country. It said that an individual can transfer maximum amount of Rs.1 lakh via UPI in a day. However, HDFC Bank has specific limits for customers availing UPI transactions.
HDFC UPI Transaction Limit
TheHDFC UPI transaction limit is upto Rs. 1 lakh per day or20 transactions for Individual to individual and individual to merchant in 24 Hours. If you are anew UPI user, you can initiate a transaction of amaximum of Rs. 5,000 for the first 24 hours forAndroid users and72 hours foriPhone users after registration. The limit is the same even when you are using any UPI application.
If you have exhausted your daily transaction limit, you have to wait until the next day. Until then, you will not be able to make further transactions.
The table below provides theHDFC UPI limitfor different scenarios:
| UPI Transactions | Maximum Limit |
| P2M (Person to Merchant) or P2P (Person to Person) | Rs. 1 lakh or 20 transactions/ 24 Hours |
Merchant collect and Capital markets (Such as Broking, AMC, Mutual Funds, Credit card payments, EMI, Loan repayments, etc.) | Rs. 2 lakh/transaction |
| Using UPI for IPO Application | Rs. 5 lakh/transaction |
HDFC UPI Transaction Limit per Month
HDFC Bank hasno specific limit for UPI transactions per month. However, you should follow the daily transaction limit to use your UPI in a hassle-free way. You should keep track of HDFC Bank's official site to track any changes to these limits.
HDFC UPI Transaction Limit Per Year
There isno specific yearly limit of UPI transactions for HDFC customers.
HDFC UPI Transaction Limit Change
There areno charges for UPI transactions for HDFC consumers. However, as per the new UPI guidelines, a 1.1% interchange fee is applicable for merchants for UPI transactions exceeding Rs. 2,000 made via Prepaid Payment Instruments (PPI).
How To Increase UPI Limit in HDFC?
The maximum limit is Rs. 1 lakh per day, and for new UPI users, the limit is only Rs. 5,000 for the first 24 hours from registration. Thislimit can not be increased. However, as per a recent notification, RBI has decided to increase the amount to Rs. 5 lakh for educational fees and hospital bill transactions.
Overall, UPI is making online transactions easy and secure for everyone around the country. Every bank has UPI limits to regulate the expanding digital payment ecosystem. HDFC Bank does not allow you to increase the limit manually. Now that you have a clear picture of HDFC Bank's UPI limit, make sure to complete transactions accordingly to avoid any hassle.
Other UPI Articles:
1. SBI UPI Limit - How To Increase UPI Transaction Limit In SBI?
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3. HDFC Credit Card Cash Withdrawal Charges
4. How to Link Aadhaar with HDFC Bank Account Online and Offline?
5. HDFC Bank Savings Account Interest Rate & Minimum Balance
6. HDFC Bank Customer ID - How To Get/Find HDFC Customer ID?
7. HDFC Credit Card Status - HDFC Bank Credit Card Application Status
8. How to Generate HDFC Debit Card PIN
9. How To Close HDFC Bank Account Online And Offline
10. How To Activate HDFC Credit Card
11. How To Activate HDFC Debit Card
12. HDFC BANK FD Calculator
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14. HDFC FD Interest Rates
15. HDFC RD Interest Rates
