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RBI Increases Transaction Limits For UPI123Pay, UPI Lite
- The Reserve Bank of India (RBI) has decided to increase the transaction limit for UPI123Pay and UPI Lite.
- The per transaction limit for UPI123Pay will be increased to INR 10,000 from INR 5,000 currently.
- The transaction cap for UPI Lite will be enhanced to INR 1,000 from INR 500 currently.
- The UPI Lite wallet limit will be increased to INR 5,000 from INR 2,000 currently.
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