Wednesday, 27 March 2024

Latest UPI rules changes and updates

Exciting Updates in UPI Services for Easy Digital Payments


1. UPI Lite Limit Boost:

Now you can send up to ₹500 using UPI Lite, up from ₹200. Plus, you can do it without needing an internet connection! So, whether you're out in the countryside or in the city, making small payments is a breeze.





2. More Auto Payment Power:

Forget worrying about paying bills every month! The UPI auto payment limit has jumped from ₹15,000 to ₹1 lakh. That means you can automate payments for things like electricity, phone bills, and subscriptions up to ₹1 lakh every month. No more manual hassles!


3. Safety First with Reversals:

Ever sent money by mistake or fallen for a scam? Now you've got a safety net. If something goes wrong with your online UPI payment, you've got up to four hours to reverse it. It's like having a second chance to fix things if a fraudster tries to trick you.


4. Keep Your UPI Active:

To keep your UPI account active, just make sure you use it for at least one payment. It's like giving it a little exercise to stay in shape!


5. Big Payments Made Easy:

In emergencies, like needing to pay hospital bills or school fees, UPI has your back. The payment limit for hospitals and education institutes has been bumped up from ₹1 lakh to ₹5 lakh. That's a lot more flexibility when you need it most.



These updates make using UPI simpler, safer, and more convenient for everyone. So next time you're making a payment, remember to use UPI and enjoy all these awesome benefits!

Happy transacting!

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