Ads Area

Know more on transaction limits in PhonePe per day and Banks - Here

Phonepe offers ease of financial transaction where one can receive, send and pay utility bills using the Phonepe app. The Phonepe users have a daily limit set by app developers per the RBI and government orders. The Indian Government offered an order allowing Phonepe transactions of up to
Rs. 3 lakhs (3,00,000 INR) per day. The limitations may affect positively or negatively according to the user’s needs. RBI has increased Phonepe UPI limits from Rs.10,000/- to Rs.20,000/- per day. The changes took effect early this year (2021).

Phonepe Transaction Limit Per Day

The Phonepe app is easily compatible with the user’s bank account. One can make payments using credit cards easily. However, the app has some restrictions where one can only transact Rs.1 lakh (₹ 1,00,000) per day and Rs 20,000 UPI transactions as directed by the RBI.

Phonepe Wallet to Bank Transfer

Phonepe has direct access to the bank account; the user needs to add the bank account as the beneficiary. The apps allow for Rs. 1,00,000 per month, limiting users from using more than One lakh Rupees from Phonepe account to Bank account.

Phonepe Daily Limit for your wallet

Financial wallets are designed to offer money transaction ease. However, each wallet has a limit set by the app developers for security purposes. Phonepe provides users a limit of Rs. 1,00,000 (Rs. 1 lakh) as a risk policy. To top up the wallet, one can directly recharge using a debit card, credit card, and BHIM UPI. Phonepe has extended its limits not just on daily limits but monthly (Rs. 10,000) and yearly limits (Rs.1,20,000). Cash withdrawal or purchasing from merchants also limits users based on the amount set by Phonepe. One can only debit Rs. 10,000/- per month.

Note the limits are adjusted to a considerable amount which is beneficial to the user. It helps one budget for essential things and not overuse the money. Banks, financial institutions, and apps have a set limit and follow the RBI and government guidelines.

For more information visit

Phonepe Transaction Limit Per Day For 105 Banks

Name of BankPer Transaction Limit of Google Pay (INR) Phonepe Per day transaction limit (INR)Phone Pe Transaction Limit Per Week (INR)Phone Pe Transaction Limit Per Month (INR)
Name of Bank: A P Mahesh25,000100,000NANA
Name of Bank: Aditya Birla Bank100000100000NANA
Name of Bank: Airtel Payments1,00,0001,00,000NANA
Name of Bank: Allahabad Bank25,0001,00,000 NA NA 
Name of Bank: Allahabad UP Gramin25,000100,000NA NA 
Name of Bank: Andhra Bank1,00,0001,00,000NANA
Name of Bank: Andhra Pradesh Grameen Vikas 2500025000NANA
Name of Bank: Andhra Pragathi2500025000NANA
Name of Bank:Apna Sahakari100000100000No limitNo limit
Name of Bank: Assam Grameen50002500050000100,000
Name of Bank: Axis1,00,0001,00,000NANA
Name of Bank: Bandhan 100000100000NANA
Name of Bank: Bank of Baroda25,00050,000NANA
Name of Bank: Bank of Maharashtra1000020000NANA
Name of Bank: Baroda Gujarat Gramin25,000NANANA
Name of Bank: Baroda Uttar Pradesh Gramin 25,000100,000NANA
Name of Bank: Bassein2000040000NANA
Name of Bank: Bihar Gramin100,000200,000NA2,000,000
Name of Bank: BOI 10,000100,000NANA
Name of Bank: Canara Bank100,000100,000NANA
Name of Bank: Catholic Syrian Bank 1,00,0001,00,000 NANA
Name of Bank: Central Bank of India2500050000NANA
Name of Bank: Chaitanya Godavari Gramin Bank25,000100,000NANA
Name of Bank: Chhattisgarh Rajya Gramin Bank2500025000NANA
Name of Bank: Citibank 1,00,000 1,00,000 NANA
Name of Bank: Corporation Bank500001,00,000NA20,00,000
Name of Bank: Cosmos1000050000NANA
Name of Bank: City Union Bank1,00,0001,00,000NANA
Name of Bank: DBS Bank1,00,0001,00,000NANA
Name of Bank: DCB BANK2500025,000NANA
Name of Bank: Dena BanK 100,000 100,000NANA
Name of Bank: Deutsche Bank AG100,000NANANA
Name of Bank: Dhanlaxmi Bank50,0001,00,000NA1,500,000
Name of Bank: Dombivli Nagri Sahakari Bank100,000100,000NANA
Name of Bank: Equitas Small Finance Bank Payments Bank 1,00,0001,00,000NANA
Name of Bank: Fino100000NANANA
Name of Bank:  Federal bank1,00,0001,00,000 NANA
Name of Bank: G P Parsik Bank500001000007000003000000
Name of Bank: Gujarat State Bank2500050000NANA
Name of Bank: Hasti100000100000NANA
Name of Bank: HDFC Bank1,00,0001,00,000NA NA
Name of Bank: HSBC Bank100000100000NANA
Name of Bank: Indian Bank1,00,0001,00,000 NANA
Name of Bank: ICICI Bank10,00010,000NANA
Name of Bank: IDBI 25,00050,000NA NA
Name of Bank: IDFC 1,00,000100,000700,0003,000,000
Name of Bank: Indiusind Bank100000100000NANA
Name of Bank: IndusInd Bank100000100000NANA
Name of Bank: IOB50,000100,000NANA
Name of Bank: Janta Sahakari Bank100000NANANA
Name of Bank: Kallapanna25000100000NANA
Name of Bank: Karnataka Bank 1,00,000100,000NA20,00,000
Name of Bank: Karnataka Vikas2500025000NANA
Name of Bank: Karur Vysya Bank1,00,0001,00,000 NANA
Name of Bank: Kaveri2500025000NANA
Name of Bank: Kerala Grameen Bank**10-5000050000NANA
Name of Bank: Kotak bank25,00050,000NANA
Name of Bank:  LVB100,000100,000700,0003,100,000
Name of Bank: Langpi Dehangi2500025000NANA
Name of Bank: Mahanagar Bank25,000100,000NANA
Name of Bank: Maharashtra Grameen Bank2500025000NANA
Name of Bank: Malwa Gramin Bank2500025000NANA
Name of Bank: Meghalaya Rural Bank2500025000NANA
Name of Bank: Mehasana Urban  co-operative Bank1,00,0001,00,000NANA
Name of Bank: Mizoram2500025000NANA
Name of Bank: NKGSB Co-Op Bank Ltd 20,00040,000NANA
Name of Bank: OBC1,00,0001,00,000NANA
Name of Bank: PNB100,000100,0004,00,0001,000,000
Name of Bank: Punjab and Maharashtra Co- Op Bank Ltd1,00,0001,00,000NANA
Name of Bank: Paytm Payments Bank100000NANANA
Name of Bank: Pragathi Krishna Grameen Bank*10-2000020000NANA
Name of Bank: Prathma Bank2500025000NANA
Name of Bank: PSB25,00025,000NANA
Name of Bank: Purvanchal Bank2500025000NANA
Name of Bank: Rajasthan Marudhar2500025000NANA
Name of Bank: Rajkot nagrik Bank100000100000No limitNo limit
Name of Bank: RBL50000100000NANA
Name of Bank: Samruddhi Co Op Bank50,00050000350000150000
Name of Bank: Saraswat Co-op Bank  1,00,00050,000NANA
Name of Bank: Saurashtra Gramin Bank2500025000NANA
Name of Bank: SBI / State Bank of India100,000100,000NANA
Name of Bank: South Indian Bank1,00,0001,00,000 NANA
Name of Bank: Standard Charter Bank100000NANANA
Name of Bank: Standard Chartered Bank100000100000NANA
Name of Bank: Surat People Cooperative Bank100,000100,000NANA
Name of Bank: SVC Bank10,00020,000140,000600,000
Name of Bank: Syndicate bank50,00050,000NANA
Name of Bank: Thane Bharat Sahakari Bank50000100000No limitNo limit
Name of Bank: Thane Janta sahakari Bank100000100000No limitNo limit
Name of Bank: The Jammu and Kashmir Bank Ltd25,00025,000NA250,000
Name of Bank: The Kalyan janta sahakari Bank100000100000No limitNo limit
Name of Bank: The Sutex Co – Op Bank200000200000NANA
Name of Bank: TMBL20,000100000NANA
Name of Bank: UCO1,00,0001,00,000NA NA 
Name of Bank: Ujjivan Small Finance Bank50,000100,000NANA
Name of Bank: Union Bank of India1,00,000100,0005,00,00020,00,000
Name of Bank: United Bank of India 100,00025,000NA NA 
Name of Bank: Uttarakhand Gramin Bank2500025000NANA
Name of Bank: Vananchal2500025000NANA
Name of Bank: Varanchha Bank20,00040,000NANA
Name of Bank: Vijaya bank50,00050,000NANA
Name of Bank: Vishveshwar Co opp Bank1,00,0001,00,000NANA
Name of Bank: Yes bank1,00,0001,00,000NANA

Now that you know the Phone Pe transaction limit per day, here’s a disclaimer.

The UPI transaction limit per day for Phonepe can differ according to banks. 

NPCI has not issued any regulations for the UPI transaction limit per day. So, banks have varying limits. For instance, the Phonepe transaction limit per day for SBI is  Rs 1,00,000. However, it is 50,000 for the Bank of Baroda.

Moreover, some banks have defined the Phonepe transaction limit by week, not per day. For instance, the Phonepe UPI transaction limit per week for IDFC bank is Rs. 30,00,000. 

P.S. Most banks have not defined a Phonepe UPI transaction limit per month. Limits are defined by day or by week. 


Post a Comment

* Please Don't Spam Here. All the Comments are Reviewed by Admin.

Top Post Ad

Below Post Ad

Ads Area